• Booking Holdings average ebitda margin for 2023 was 32.45%, a 6.85% decline from 2022.
• Booking Holdings average ebitda margin for 2022 was 30.37%, a 87.7% increase from 2021.
• Booking Holdings average ebitda margin for 2021 was 16.18%, a 41.12% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.