BKNG vs. GS
BKNG (Booking Holdings Inc.) and GS (The Goldman Sachs Group, Inc.) are both stocks. BKNG operates in Travel Services (Consumer Cyclical), while GS operates in Capital Markets (Financial Services). Over the past 10 years, BKNG returned 13.19%/yr vs 23.24%/yr for GS. At a 0.38 correlation, their price movements are largely independent.
Performance
BKNG vs. GS - Performance Comparison
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Returns By Period
In the year-to-date period, BKNG achieves a -15.83% return, which is significantly lower than GS's 21.19% return. Over the past 10 years, BKNG has underperformed GS with an annualized return of 13.19%, while GS has yielded a comparatively higher 23.24% annualized return.
BKNG
- 1D
- -1.23%
- 1M
- 4.47%
- 6M
- -11.89%
- YTD
- -15.83%
- 1Y
- -20.67%
- 3Y*
- 16.16%
- 5Y*
- 15.87%
- 10Y*
- 13.19%
- ALL TIME*
- 8.86%
GS
- 1D
- -0.96%
- 1M
- -3.79%
- 6M
- 10.73%
- YTD
- 21.19%
- 1Y
- 51.96%
- 3Y*
- 47.60%
- 5Y*
- 26.10%
- 10Y*
- 23.24%
- ALL TIME*
- 11.68%
BKNG vs. GS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKNG Booking Holdings Inc. | -15.83% | 8.59% | 41.31% | 76.02% | -16.00% | 7.72% | 8.45% | 19.24% | -0.88% | 18.53% |
GS The Goldman Sachs Group, Inc. | 21.19% | 56.64% | 52.03% | 15.91% | -7.87% | 47.61% | 17.45% | 40.48% | -33.53% | 7.73% |
Correlation
The correlation between BKNG and GS is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since May 4, 1999 | 0.38 |
The correlation between BKNG and GS shifts across timeframes, from 0.31 (1 year) to 0.45 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BKNG:
$139.05B
GS:
$311.24B
BKNG:
$7.62
GS:
$67.36
BKNG:
23.56
GS:
15.66
BKNG:
0.35
GS:
2.03
BKNG:
5.24
GS:
2.79
BKNG:
$27.69B
GS:
$117.94B
BKNG:
$22.16B
GS:
$67.57B
BKNG:
$9.27B
GS:
$31.39B
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Return for Risk
BKNG vs. GS — Risk / Return Rank
BKNG
GS
BKNG vs. GS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Booking Holdings Inc. (BKNG) and The Goldman Sachs Group, Inc. (GS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BKNG | GS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.32 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.30 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 2.69 | -3.32 |
| Martin ratioReturn relative to average drawdown | -1.12 | 8.63 | -9.76 |
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Drawdowns
BKNG vs. GS - Drawdown Comparison
The maximum BKNG drawdown since its inception was -99.32%, which is greater than GS's maximum drawdown of -78.84%. Use the drawdown chart below to compare losses from any high point for BKNG and GS.
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Drawdown Indicators
| BKNG | GS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.32% | -78.84% | -20.48% |
Max Drawdown (1Y)Largest decline over 1 year | -32.89% | -19.42% | -13.47% |
Max Drawdown (3Y)Largest decline over 3 years | -33.35% | -30.90% | -2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -39.53% | -32.84% | -6.69% |
Max Drawdown (10Y)Largest decline over 10 years | -47.77% | -48.75% | +0.98% |
Current DrawdownCurrent decline from peak | -22.21% | -8.42% | -13.79% |
Average DrawdownAverage peak-to-trough decline | -46.97% | -22.58% | -24.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.43% | 6.04% | +12.39% |
Volatility
BKNG vs. GS - Volatility Comparison
The current volatility for Booking Holdings Inc. (BKNG) is 11.76%, while The Goldman Sachs Group, Inc. (GS) has a volatility of 12.80%. This indicates that BKNG experiences smaller price fluctuations and is considered to be less risky than GS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKNG | GS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.76% | 12.80% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 29.39% | 25.19% | +4.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.06% | 30.64% | +3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.64% | 28.40% | +4.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.44% | 29.97% | +2.47% |
Dividends
BKNG vs. GS - Dividend Comparison
BKNG's dividend yield for the trailing twelve months is around 0.90%, less than GS's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKNG Booking Holdings Inc. | 0.90% | 0.72% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GS The Goldman Sachs Group, Inc. | 1.61% | 1.59% | 2.01% | 2.72% | 2.62% | 1.70% | 1.90% | 1.80% | 1.89% | 1.14% | 1.09% | 1.41% |
Financials
BKNG vs. GS - Financials Comparison
This section allows you to compare key financial metrics between Booking Holdings Inc. and The Goldman Sachs Group, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BKNG vs. GS - Profitability Comparison
BKNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Booking Holdings Inc. reported a gross profit of 0.00 and revenue of 5.53B. Therefore, the gross margin over that period was 0.0%.
GS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Goldman Sachs Group, Inc. reported a gross profit of 20.24B and revenue of 38.43B. Therefore, the gross margin over that period was 52.7%.
BKNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Booking Holdings Inc. reported an operating income of 1.27B and revenue of 5.53B, resulting in an operating margin of 23.0%.
GS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Goldman Sachs Group, Inc. reported an operating income of 11.52B and revenue of 38.43B, resulting in an operating margin of 30.0%.
BKNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Booking Holdings Inc. reported a net income of 1.08B and revenue of 5.53B, resulting in a net margin of 19.6%.
GS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Goldman Sachs Group, Inc. reported a net income of 6.63B and revenue of 38.43B, resulting in a net margin of 17.3%.
Frequently Asked Questions
BKNG and GS have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GS has higher volatility (12.80%) compared to BKNG (11.76%). In terms of maximum drawdown, BKNG dropped -99.32% vs GS's -78.84%.
GS currently has the higher Sharpe Ratio (1.71 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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