BKNG vs EXPD
Booking Holdings Inc. and Expeditors International of Washington Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BKNG | EXPD |
|---|---|---|
| Revenue | $26.9B | $11.1B |
| Net income | $5.4B | $810.3M |
| Gross margin | · | 33.1% |
| Net margin | · | 7.3% |
| Return on equity | · | 35.4% |
| Diluted EPS | $165.57 | $5.95 |
| Dividend / share | $9.60 | $1.54 |
| Payout ratio | 23.1% | 25.6% |
| Free cash flow | $9.1B | $953.4M |
| Equity | $-5.6B | $2.4B |
| Net debt / equity | · | · |
| Current ratio | 1.33× | 1.81× |
| Revenue CAGR 5y | 31.7% | 2.9% |
| Profit CAGR 5y | 146.8% | 3.1% |
BKNG bills 2.4× the revenue of EXPD.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BKNG | EXPD |
|---|---|---|
| FY2025 | $26.9B | $11.1B |
| FY2024 | $23.7B | $10.6B |
| FY2023 | $21.4B | $9.3B |
| FY2022 | $17.1B | $17.1B |
| FY2021 | $11.0B | $16.5B |
| FY2020 | $6.8B | $9.6B |
| FY2019 | $15.1B | $7.9B |
| FY2018 | $14.5B | $8.1B |
| FY2017 | $12.7B | $6.9B |
| FY2016 | $10.7B | $6.1B |
Bottom line
| Fiscal year | BKNG | EXPD |
|---|---|---|
| FY2025 | $5.4B | $810.3M |
| FY2024 | $5.9B | $810.1M |
| FY2023 | $4.3B | $752.9M |
| FY2022 | $3.1B | $1.4B |
| FY2021 | $1.2B | $1.4B |
| FY2020 | $59.0M | $696.1M |
| FY2019 | $4.9B | $590.4M |
| FY2018 | $4.0B | $618.2M |
| FY2017 | $2.3B | $489.3M |
| FY2016 | $2.1B | $430.8M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$15,847,991,000 | BKNG |
| FY2024 | +$13,138,485,000 | BKNG |
| FY2023 | +$12,064,890,000 | BKNG |
| FY2022 | +$18,716,000 | BKNG |
| FY2021 | −$5,565,517,000 | EXPD |
| FY2020 | −$2,788,393,000 | EXPD |
| FY2019 | +$7,123,583,000 | BKNG |
| FY2018 | +$6,388,635,000 | BKNG |
| FY2017 | +$5,760,052,000 | BKNG |
| FY2016 | +$4,644,963,000 | BKNG |
| FY2015 | +$2,607,355,000 | BKNG |
| FY2014 | +$1,877,250,000 | BKNG |
| FY2013 | +$713,049,000 | BKNG |
| FY2012 | −$731,259,000 | EXPD |
| FY2011 | −$1,805,927,000 | EXPD |
| FY2010 | −$2,882,668,000 | EXPD |
| FY2009 | −$1,754,071,000 | EXPD |
| FY2008 | −$3,749,072,000 | EXPD |
The higher-revenue side has changed between BKNG and EXPD over this period. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2015 | +20.7 pp | BKNG |
| FY2014 | +22.9 pp | BKNG |
| FY2013 | +22.1 pp | BKNG |
| FY2012 | +21.5 pp | BKNG |
| FY2011 | +18.0 pp | BKNG |
| FY2010 | +11.4 pp | BKNG |
| FY2009 | +15.1 pp | BKNG |
| FY2008 | +4.5 pp | BKNG |
BKNG has kept the higher net margin in every one of these 8 fiscal years.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BKNG's net margin has been more volatile than EXPD's over the 8 comparable fiscal years — 6.2 percentage points of standard deviation against 0.5.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
BKNG led in net margin in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BKNG's return on equity has been more volatile than EXPD's over the 15 comparable fiscal years — 16.9 percentage points of standard deviation against 8.3.
15 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BKNG and EXPD over these 15 fiscal years — BKNG led in 11 and EXPD in 4.
15 of 19 comparable fiscal years — a year missing data on either side is not counted.