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Side-by-side financial comparison of Booking Holdings (BKNG) and Canterbury Park Holding Corp (CPHC). Click either name above to swap in a different company.

Booking Holdings is the larger business by last-quarter revenue ($6.3B vs $12.4M, roughly 510.1× Canterbury Park Holding Corp). On growth, Booking Holdings posted the faster year-over-year revenue change (16.0% vs 3.9%). Booking Holdings produced more free cash flow last quarter ($1.4B vs $-611.3K). Over the past eight quarters, Booking Holdings's revenue compounded faster (19.9% CAGR vs -6.0%).

Booking Holdings is a leading global travel services group that operates a portfolio of well-known online platforms including Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable. It offers leisure and business travelers services covering accommodation reservations, flight ticketing, car rentals, vacation packages and restaurant reservations, serving markets across North America, Europe, Asia Pacific and other regions, partnering with millions of travel and hospitality merchants worldwide.

Canterbury Park, is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation hosts parimutuel wagering on live thoroughbred and quarter horse racing at its facilities in Shakopee and parimutuel wagering on races held at out-of-state racetracks that are simulcast to the racetrack. In addition, the Canterbury Park Card Casino operates 24 hours a day, seven days a week, and is also regulated by the Minnesota Racing Commission. Casino games include blackjack...

BKNG vs CPHC — Head-to-Head

Bigger by revenue
BKNG
BKNG
510.1× larger
BKNG
$6.3B
$12.4M
CPHC
Growing faster (revenue YoY)
BKNG
BKNG
+12.1% gap
BKNG
16.0%
3.9%
CPHC
More free cash flow
BKNG
BKNG
$1.4B more FCF
BKNG
$1.4B
$-611.3K
CPHC
Faster 2-yr revenue CAGR
BKNG
BKNG
Annualised
BKNG
19.9%
-6.0%
CPHC

Income Statement — Q4 2025 vs Q4 2025

Metric
BKNG
BKNG
CPHC
CPHC
Revenue
$6.3B
$12.4M
Net Profit
$-390.1K
Gross Margin
Operating Margin
32.0%
2.6%
Net Margin
-3.1%
Revenue YoY
16.0%
3.9%
Net Profit YoY
68.7%
EPS (diluted)
$43.66
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BKNG
BKNG
CPHC
CPHC
Q4 25
$6.3B
$12.4M
Q3 25
$9.0B
$18.3M
Q2 25
$6.8B
$15.7M
Q1 25
$4.8B
$13.1M
Q4 24
$5.5B
$12.0M
Q3 24
$8.0B
$19.3M
Q2 24
$5.9B
$16.2M
Q1 24
$4.4B
$14.1M
Net Profit
BKNG
BKNG
CPHC
CPHC
Q4 25
$-390.1K
Q3 25
$487.3K
Q2 25
$-327.4K
Q1 25
$-299.2K
Q4 24
$-1.2M
Q3 24
$2.0M
Q2 24
$338.3K
Q1 24
$998.2K
Operating Margin
BKNG
BKNG
CPHC
CPHC
Q4 25
32.0%
2.6%
Q3 25
38.7%
5.7%
Q2 25
33.1%
2.8%
Q1 25
22.3%
4.9%
Q4 24
31.6%
-0.8%
Q3 24
39.8%
18.9%
Q2 24
31.7%
6.9%
Q1 24
17.9%
12.5%
Net Margin
BKNG
BKNG
CPHC
CPHC
Q4 25
-3.1%
Q3 25
2.7%
Q2 25
-2.1%
Q1 25
-2.3%
Q4 24
-10.4%
Q3 24
10.5%
Q2 24
2.1%
Q1 24
7.1%
EPS (diluted)
BKNG
BKNG
CPHC
CPHC
Q4 25
$43.66
$-0.08
Q3 25
$84.41
$0.10
Q2 25
$27.43
$-0.06
Q1 25
$10.07
$-0.06
Q4 24
$31.60
$-0.25
Q3 24
$74.34
$0.40
Q2 24
$44.38
$0.07
Q1 24
$22.37
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKNG
BKNG
CPHC
CPHC
Cash + ST InvestmentsLiquidity on hand
$17.2B
$17.1M
Total DebtLower is stronger
$18.7B
Stockholders' EquityBook value
$-5.6B
$83.9M
Total Assets
$29.3B
$112.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKNG
BKNG
CPHC
CPHC
Q4 25
$17.2B
$17.1M
Q3 25
$16.5B
$16.7M
Q2 25
$17.6B
$16.9M
Q1 25
$15.6B
$15.4M
Q4 24
$16.2B
$15.1M
Q3 24
$15.8B
$21.7M
Q2 24
$16.3B
$23.8M
Q1 24
$16.0B
$25.2M
Total Debt
BKNG
BKNG
CPHC
CPHC
Q4 25
$18.7B
Q3 25
$17.0B
Q2 25
$18.5B
Q1 25
$16.0B
Q4 24
$16.6B
Q3 24
$16.2B
Q2 24
$16.8B
Q1 24
$16.9B
Stockholders' Equity
BKNG
BKNG
CPHC
CPHC
Q4 25
$-5.6B
$83.9M
Q3 25
$-4.7B
$84.1M
Q2 25
$-6.7B
$83.6M
Q1 25
$-6.1B
$83.7M
Q4 24
$-4.0B
$84.1M
Q3 24
$-3.7B
$85.2M
Q2 24
$-4.3B
$83.2M
Q1 24
$-4.1B
$82.7M
Total Assets
BKNG
BKNG
CPHC
CPHC
Q4 25
$29.3B
$112.6M
Q3 25
$28.8B
$114.4M
Q2 25
$30.7B
$114.9M
Q1 25
$27.2B
$112.4M
Q4 24
$27.7B
$109.9M
Q3 24
$28.0B
$114.2M
Q2 24
$28.5B
$111.4M
Q1 24
$27.7B
$105.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BKNG
BKNG
CPHC
CPHC
Operating Cash FlowLast quarter
$1.5B
$-103.4K
Free Cash FlowOCF − Capex
$1.4B
$-611.3K
FCF MarginFCF / Revenue
22.3%
-4.9%
Capex IntensityCapex / Revenue
1.1%
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$9.1B
$4.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKNG
BKNG
CPHC
CPHC
Q4 25
$1.5B
$-103.4K
Q3 25
$1.4B
$1.2M
Q2 25
$3.2B
$4.4M
Q1 25
$3.3B
$3.4M
Q4 24
$721.0M
$-2.8M
Q3 24
$2.4B
$2.3M
Q2 24
$2.5B
$5.4M
Q1 24
$2.7B
$1.6M
Free Cash Flow
BKNG
BKNG
CPHC
CPHC
Q4 25
$1.4B
$-611.3K
Q3 25
$1.4B
$-395.3K
Q2 25
$3.1B
$3.2M
Q1 25
$3.2B
$2.5M
Q4 24
$645.0M
$-6.7M
Q3 24
$2.3B
$-25
Q2 24
$2.4B
$1.8M
Q1 24
$2.6B
$-601.0K
FCF Margin
BKNG
BKNG
CPHC
CPHC
Q4 25
22.3%
-4.9%
Q3 25
15.2%
-2.2%
Q2 25
46.1%
20.5%
Q1 25
66.4%
19.1%
Q4 24
11.8%
-55.9%
Q3 24
28.7%
-0.0%
Q2 24
40.6%
11.1%
Q1 24
58.3%
-4.3%
Capex Intensity
BKNG
BKNG
CPHC
CPHC
Q4 25
1.1%
4.1%
Q3 25
0.7%
9.0%
Q2 25
0.9%
7.5%
Q1 25
2.5%
6.5%
Q4 24
1.4%
32.6%
Q3 24
1.0%
11.8%
Q2 24
2.5%
22.2%
Q1 24
2.9%
15.7%
Cash Conversion
BKNG
BKNG
CPHC
CPHC
Q4 25
Q3 25
2.56×
Q2 25
Q1 25
Q4 24
Q3 24
1.12×
Q2 24
15.95×
Q1 24
1.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BKNG
BKNG

Merchant Revenue$4.2B67%
Agency Revenue$1.8B28%
Advertisingandotherrevenues$309.0M5%

CPHC
CPHC

Casino$9.5M76%
Other$1.9M15%
Food And Beverage$1.0M8%

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