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BKNG vs RXO stock comparison

Booking Holdings Inc. vs RXO, INC., two Travel Services stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

Where BKNG and RXO diverge most: on operating margin, BKNG reads 23.0% and RXO reads -2.0%; on net margin, BKNG reads 25.6% and RXO reads -1.8%. The rest of the comparable metrics sit closer together. What BKNG's price implies is a bet that sits within the historical range (whole-company basis). What RXO's price implies is a somewhat stretched bet versus history (whole-company basis). The bull and bear cases for each are in their full reports below.

BKNG vs RXO: the numbers

MetricBKNGRXO
Price$178.43$26.26
Market cap$141.7B$4.4B
SectorTravel ServicesTravel Services
StageGrowthGrowth
Implied growth (priced in)+12.5%
P/E1.1
P/B2.94
P/S5.120.77
EV/EBITDA14.9134.4
Revenue growth+15.2%+19.2%
Operating margin23.0%-2.0%
Net margin25.6%-1.8%
Return on equity-7.0%
Return on assets25.6%-3.2%
Return on invested capital72.2%-4.0%
FCF yield6.4%-0.3%
Dividend yield5.4%
Debt / equity0.01
Current ratio1.061.27
Altman Z (solvency)5.627.65
Piotroski F (quality)7 / 93 / 9
Full BKNG report → Full RXO report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.