BKNG vs XPO
Booking Holdings Inc. and Xpo, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BKNG | XPO |
|---|---|---|
| Revenue | $26.9B | $8.2B |
| Net income | $5.4B | $316.0M |
| Gross margin | · | · |
| Net margin | · | 3.9% |
| Return on equity | · | 18.3% |
| Diluted EPS | $165.57 | $2.64 |
| Dividend / share | $9.60 | · |
| Payout ratio | 23.1% | · |
| Free cash flow | $9.1B | $329.0M |
| Equity | $-5.6B | $1.9B |
| Net debt / equity | · | 1.58× |
| Current ratio | 1.33× | 1.05× |
| Revenue CAGR 5y | 31.7% | 5.7% |
| Profit CAGR 5y | 146.8% | 23.5% |
BKNG bills 3.3× the revenue of XPO.
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 | XPO |
|---|---|---|
| FY2025 | $26.9B | $8.2B |
| FY2024 | $23.7B | $8.1B |
| FY2023 | $21.4B | $7.7B |
| FY2022 | $17.1B | $7.7B |
| FY2021 | $11.0B | $7.2B |
| FY2020 | $6.8B | $6.2B |
| FY2019 | $15.1B | $10.7B |
| FY2018 | $14.5B | $17.3B |
| FY2017 | $12.7B | $15.4B |
| FY2016 | $10.7B | $14.6B |
Bottom line
| Fiscal year | BKNG | XPO |
|---|---|---|
| FY2025 | $5.4B | $316.0M |
| FY2024 | $5.9B | $387.0M |
| FY2023 | $4.3B | $189.0M |
| FY2022 | $3.1B | $666.0M |
| FY2021 | $1.2B | $336.0M |
| FY2020 | $59.0M | $110.0M |
| FY2019 | $4.9B | $419.0M |
| FY2018 | $4.0B | $422.0M |
| FY2017 | $2.3B | $340.0M |
| FY2016 | $2.1B | $69.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$18,760,000,000 | BKNG |
| FY2024 | +$15,667,000,000 | BKNG |
| FY2023 | +$13,621,000,000 | BKNG |
| FY2022 | +$9,372,000,000 | BKNG |
| FY2021 | +$3,756,000,000 | BKNG |
| FY2020 | +$628,000,000 | BKNG |
| FY2019 | +$4,385,000,000 | BKNG |
| FY2018 | −$2,752,000,000 | XPO |
| FY2017 | −$2,700,000,000 | XPO |
| FY2016 | −$3,876,000,000 | XPO |
| FY2015 | +$1,600,787,000 | BKNG |
| FY2014 | +$6,085,371,000 | BKNG |
| FY2013 | +$6,091,006,000 | BKNG |
| FY2012 | +$4,982,356,000 | BKNG |
| FY2011 | +$4,178,534,000 | BKNG |
| FY2010 | +$2,926,918,000 | BKNG |
| FY2009 | +$2,238,076,000 | BKNG |
The higher-revenue side has changed between BKNG and XPO over this period. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2015 | +30.2 pp | BKNG |
| FY2014 | +31.4 pp | BKNG |
| FY2013 | +34.8 pp | BKNG |
| FY2012 | +34.4 pp | BKNG |
| FY2011 | +23.9 pp | BKNG |
| FY2010 | +14.0 pp | BKNG |
| FY2009 | +19.2 pp | BKNG |
BKNG has kept the higher net margin in every one of these 7 fiscal years.
7 of 18 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 XPO's over the 7 comparable fiscal years — 4.0 percentage points of standard deviation against 3.7.
7 of 18 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 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
XPO's return on equity has been more volatile than BKNG's over the 14 comparable fiscal years — 18.0 percentage points of standard deviation against 17.3.
14 of 18 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 XPO over these 14 fiscal years — BKNG led in 13 and XPO in 1.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.