Booking Holdings
-0.98 %
35.06 %
Yet to be announced
Company Overview
Booking Holdings Inc. provides travel and restaurant online reservation and related services worldwide. The company operates Booking.com, Rentalcars.com and Priceline.com. Agoda provides online accommodation reservation services. KAYAK, an online price comparison service that allows consumers to search and compare travel itineraries and prices, comprising airline ticket, accommodation reservation, and rental car reservation information.
Revenue Sources
PassBased on review of Booking Holdings' financial statements and business operations, their revenue primarily comes from commission fees and transaction fees from travel-related bookings and reservations. These services involve legitimate value exchange between parties and do not constitute gambling or other haram activities. The company's core business model is based on facilitating travel arrangements and providing related services, which are halal activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $4.76b | $4.35b | - | $649.0m | 0.00% | 14.92% |
| Dec. 31, 2024 | $5.47b | $4.25b | - | $507.0m | 0.00% | 11.93% |
| Sept. 30, 2024 | $7.99b | $5.12b | - | $305.0m | 0.00% | 5.96% |
| June 30, 2024 | $5.86b | $4.27b | - | $264.0m | 0.00% | 6.19% |
Looking at the last four quarters, interest expense as a percentage of total expenses has been consistent but above the 5% threshold that we consider significant. The interest expense ratios for the past four quarters range from 4.7% to 6.2% of total expenses, indicating that interest plays a material role in the company's operations.
Operational Ethics
FailWhile Booking Holdings operates globally, including in China, there is no clear evidence of direct material collaboration with the Chinese Communist Party. However, the company maintains an R&D center in Tel Aviv, Israel, which constitutes an ongoing business relationship with the state of Israel.
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