Booking Holdings presents long-term target of 15% adjusted EPS growth
BKNG•Booking Holdings set long-term targets of 15% adjusted EPS growth and 8% growth in gross bookings and adjusted revenue. For 2025, adjusted EBITDA rose 20% to $9.9 billion and free cash flow increased 15% to $9.1 billion.
1. Targets and results
Booking Holdings set long-term targets of 15% growth in adjusted earnings per share and 8% growth each in gross bookings and adjusted revenue. In 2025, adjusted EBITDA rose 20% to $9.9 billion, with a 37% margin, while free cash flow increased 15% to $9.1 billion. Third-quarter 2026 airline ticket bookings grew 19%, and alternative accommodation room-night growth accelerated to 7% from 4% in the second quarter.
