Is it safe?
Can BKNG take a bad year?
Booking Holdings carries $2.97B of net debt at 0.30× EBITDA: a load its earnings can carry.
$2.97B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.30×
Net debt / EBITDA · 0.10× a year ago · the load is going up
- Altman Z-score
- 6.55
Altman Z-score · safe zone, above 3
- Interest cover
- 8.42×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $20.2B
- Cash and short-term investments
- $17.2B
- Net debt
- $2.97B
- EBITDA, trailing twelve months
- $9.86B
- Operating profit, trailing twelve months
- $9.28B
- Total debt / EBITDA
- 2.05×
- Annualised volatilitytwo years of daily moves
- 32%
- Worst drawdown on file
- −48%
- Below its 52-week high
- −7.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Travel Services
Ranks #1 of 11 by Smart Score