← Booking Holdings Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Available to Common Stockholders, Basic $2.1b
$2.3b +9.64%
$4.0b +70.80%
$4.9b +21.69%
$59.0m -98.79%
$1.2b +1874.58%
$3.1b +162.49%
$4.3b +40.26%
$5.9b +37.14%
$5.4b -8.13%
—
Amortization of Debt Issuance Costs and Discounts — — — $58.0m $64.0m $54.0m — — — — —
Amortization of Intangible Assets $169.1m $175.5m $178.0m $175.0m $167.0m $162.0m $224.0m $222.0m $221.0m $204.0m —
Amortization of debt discount and change in fair value of the conversion option related to the convertible senior notes — — — — — — — $0 $796.0m $360.0m —
Depreciation, Depletion and Amortization $309.1m $362.8m $426.0m $469.0m $458.0m $421.0m $451.0m $504.0m $591.0m $623.0m $715.0m
Depreciation, Nonproduction $140.1m $187.2m $248.0m $294.0m $291.0m $259.0m $227.0m $282.0m $370.0m $419.0m $715.0m
Operating lease amortization — $0 $0 $172.0m $184.0m $178.0m $156.0m $161.0m $160.0m $145.0m —
Deferred Income Tax Expense (Benefit) ($111.9m) ($32.5m) ($150.0m) $122.0m $213.0m ($445.0m) ($257.0m) ($478.0m) $98.0m ($516.0m) ($42.0m)
Payment, Tax Withholding, Share-based Payment Arrangement — $101.4m $163.0m $151.0m $141.0m $163.0m $165.0m $194.0m $345.0m $530.0m —
Share-based Payment Arrangement, Expense $249.6m $260.9m $317.0m $308.0m — — $404.0m $530.0m $599.0m $613.0m $601.0m
Stock-based compensation expense $249.7m $261.3m $331.0m $325.0m $255.0m $376.0m $404.0m $530.0m $599.0m $617.0m $601.0m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — $0 — $100.0m $0 — — — — —
Goodwill and Intangible Asset Impairment — — — — — — — $0 $0 $457.0m —
Goodwill, Impairment Loss $940.7m $0 $0 $0 $1.1b $0 $0 — — $180.0m $457.0m
Nonoperating Income (Expense) ($193.1m) ($139.7m) ($506.0m) $613.0m — — — — — — —
Other Nonoperating Income (Expense) — — — — $1.6b ($697.0m) ($788.0m) $543.0m ($82.0m) ($1.3b) —
Changes in operating assets and liabilities:
Accounts receivable ($284.2m) ($269.7m) ($319.0m) ($323.0m) $891.0m ($1.0b) ($1.2b) ($1.3b) ($506.0m) ($730.0m) ($447.0m)
Increase (Decrease) in Accounts Receivable $284.2m $269.7m $319.0m $323.0m ($891.0m) $1.0b $1.2b $1.3b $506.0m $730.0m ($447.0m)
Deferred merchant bookings and other current liabilities $516.4m $687.4m $635.0m $480.0m ($2.3b) $1.5b $3.7b $2.7b $1.4b $796.0m —
Other ($21.8m) $34.1m $19.0m $2.0m $2.0m $17.0m $38.0m $5.0m ($476.0m) $369.0m —
Prepaid expenses and other current assets $5.5m ($124.3m) ($201.0m) ($263.0m) $161.0m $6.0m ($217.0m) $155.0m ($12.0m) $100.0m —
Other Operating Income (Expense), Net — — — — — — — ($5.0m) $0 — —
Net Cash Provided by (Used in) Operating Activities $3.9b
$4.7b +18.79%
$5.3b +14.50%
$4.9b -8.86%
$85.0m -98.25%
$2.8b +3217.65%
$6.6b +132.41%
$7.3b +12.05%
$8.3b +13.33%
$9.4b +13.05%
$9.9b +4.78%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $219.9m $287.8m $442.0m $368.0m $286.0m $304.0m $368.0m $345.0m $429.0m $322.0m ($320.0m)
Payments to Acquire Investments — — — $672.0m $74.0m $17.0m $768.0m $12.0m $33.0m $0 $0
Proceeds from sale and maturity of investments — $3.6b $5.6b $8.1b $3.0b $508.0m $32.0m $1.8b $590.0m $0 —
Purchase of investments ($6.7b) ($6.5b) ($2.7b) ($672.0m) ($74.0m) ($17.0m) ($768.0m) ($12.0m) ($33.0m) $0 $0
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — $0 $0 — — $0
Other investing activities — — — — $0 $0 ($15.0m) $3.0m $1.0m $9.0m —
Payments for (Proceeds from) Other Investing Activities — — — — — — $15.0m ($3.0m) ($1.0m) ($9.0m) —
Net cash (used in) provided by investing activities ($3.3b) ($4.2b) $2.2b $7.0b $2.6b ($998.0m) ($518.0m) $1.5b $129.0m ($313.0m) —
Net Cash Provided by (Used in) Investing Activities ($3.3b) ($4.2b) $2.2b $7.0b $2.6b ($998.0m) ($518.0m) $1.5b $129.0m ($313.0m) ($330.0m)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt $0 ($2.4m) $0 — — ($242.0m) $0 $0 — — —
Payments on maturity, redemption, and conversion of debt — — — $0 ($1.2b) ($3.1b) ($1.9b) ($500.0m) ($1.3b) ($5.0b) —
Proceeds from Issuance of Long-term Debt $994.7m $2.0b $0 $0 $4.1b $2.0b $3.6b $1.9b $4.8b $3.7b $4.7b
Proceeds from the issuance of long-term debt $994.7m $2.0b $0 $0 $4.1b $2.0b $3.6b $1.9b $4.8b $3.7b —
Repayments of Long-term Debt — — — — — $3.1b $1.9b $500.0m $1.3b $5.0b ($2.5b)
Unrealized foreign currency transaction losses (gains) related to Euro-denominated debt — — $0 ($7.0m) $200.0m ($135.0m) ($46.0m) $163.0m ($526.0m) $1.4b —
Payments for Repurchase of Common Stock $1.0b $1.8b $6.0b $8.2b $1.3b $163.0m $6.6b $10.4b $6.5b $6.4b —
Dividends paid — — — — — — $0 $0 $1.2b $1.2b ($1.3b)
Other financing activities $0 $0 $2.0m ($8.0m) ($33.0m) ($23.0m) ($17.0m) ($59.0m) ($59.0m) $47.0m —
Net Cash Provided by (Used in) Financing Activities $57.7m
($78.7m) -236.24%
($7.4b) -9346.63%
($8.2b) -10.62%
$1.5b +118.59%
($1.2b) -181.09%
($4.9b) -295.24%
($8.9b) -81.93%
($4.2b) +52.81%
($8.9b) -112.06%
($9.4b) -5.11%
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents $603.9m $481.3m $82.0m $3.7b $4.2b $570.0m $1.1b ($116.0m) $4.1b $1.1b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($45.2m) $481.3m $82.0m $3.7b $4.2b $570.0m $1.1b ($116.0m) $4.1b $1.1b $17.8b
Total cash and cash equivalents and restricted cash and cash equivalents, beginning of period $2.1b $2.6b $2.6b $6.3b $10.6b $11.2b $12.3b $12.1b $16.2b $17.3b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($45.2m) $2.6b $2.6b $6.3b $10.6b $11.2b $12.3b $12.1b $16.2b $17.3b $17.8b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($45.2m) $100.0m ($40.0m) ($8.0m) $0 ($13.0m) ($40.0m) ($37.0m) ($190.0m) $895.0m ($287.0m)
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents ($45.2m) $100.0m ($40.0m) ($8.0m) $0 ($13.0m) ($40.0m) ($37.0m) ($190.0m) $895.0m ($287.0m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — — — — ($41.0m) — — — —
Equity Securities, FV-NI, Gain (Loss) — — — — $1.8b ($569.0m) ($963.0m) ($131.0m) $63.0m $46.0m —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — ($367.0m) $745.0m — — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax — — $0 ($7.0m) ($207.0m) $111.0m ($43.0m) ($348.0m) $383.0m ($1.5b) —
General and Administrative Expense $455.9m $585.5m $699.0m $797.0m $581.0m $620.0m $934.0m $1.6b $1.0b $857.0m —
Goodwill $2.4b $2.7b $2.9b $2.9b $1.9b $2.9b $2.8b $2.8b $2.8b $2.7b $457.0m
Income Tax Expense (Benefit) $578.3m $2.1b $837.0m $1.1b $508.0m $300.0m $865.0m $1.2b $1.4b $1.4b —
Income Taxes Paid, Net $636.5m $702.4m $1.2b $1.1b $319.0m $735.0m $600.0m $1.8b $1.9b $2.3b —
Interest Expense Nonoperating — — — — — — — — $1.3b $1.6b —
Interest Paid, Excluding Capitalized Interest, Operating Activities $125.9m $154.9m $219.0m $221.0m $278.0m $318.0m $380.0m $842.0m $953.0m $1.1b —
Investment Income, Interest $94.9m $157.2m $187.0m — — — — — — — —
Net (gains) losses on equity securities — — $367.0m ($745.0m) ($1.8b) $569.0m $963.0m $131.0m ($63.0m) ($46.0m) —
Operating Expenses $7.4b $7.9b $9.2b $9.7b $7.4b $8.5b $12.0b $15.5b $16.2b $18.1b —
Proceeds from Stock Options Exercised $15.6m $5.1m $2.0m — — $5.0m $7.0m $134.0m $14.0m $15.0m —
Proceeds from exercise of stock options $15.6m $5.1m $2.0m — — $5.0m $7.0m $134.0m $14.0m $15.0m —
Provision for expected credit losses and chargebacks — — $163.0m $138.0m $319.0m $109.0m $232.0m $330.0m $412.0m $416.0m —
Restructuring Costs — — — — — — — — $34.0m $205.0m —
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.