Booking Holdings Gross Margin
Find the latest gross margin ttm for booking holdings inc.
Booking holdings gross margin. Booking holdings gross margin 2006 2020 bkng. In depth view into booking holdings gross profit margin quarterly including historical data from 1999 charts stats and industry comps. Booking holdings gross profit for the twelve months ending september 30 2020 was 8 897b a 40 45 decline year over year.
The current gross profit margin for booking holdings as of june 30 2020 is. If the company is able to reduce production costs from 250 to 200 the gross profit margin is 60 percent 500 200 500. Booking holdings inc s operating profit margin ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Gross margin ttm is a widely used stock evaluation measure. Provides online travel and related services to consumers and local partners.
Cutting costs result in higher gross profit margins. Booking holdings annual gross profit for 2019 was 15 066b a 3 71 increase from 2018. A profitability ratio calculated as operating income divided by revenue.