Booking Holdings Shareholder Engagement Presentation Deck
Responsible Use of Equity in Compensation
Stock-Based Compensation Expense as a % of Net Cash Provided by Operating Activities ("OCF")
2020-2022(¹)
2018-2022(¹)
W
IAC
UBER
AMZN
QRTEA
NFLX
EA
42%
31%
28%
28%
ABNB
27%
ΜΕΤΑ
24%
PYPL
23%
TRIP
22%
GOOGL
21%
ATVI
21%
EBAY
19%
ADBE
18%
EXPE ■ 11%
MSFT
BKNG
■8%
16%
2022
Negative OCF
Negative OCF
279%
UBER
IAC
W
TRIP
ABNB (2)
EXPE
NFLX
AMZN
EA
PYPL
GOOGL
META
ATVI
ADBE
EBAY
BKNG
MSFT
QRTEA
32%
30%
29%
26%
23%
23%
19%
19%
17%
16%
16%
☐ 11%
☐8%
■ 5%
104%
101%
Negative OCF
262%
(¹) Represents the cumulative SBC expense and cumulative Net Cash Provided by Operating Activities for the given period.
(2)
NFLX
W
IAC
TRIP
AMZN
PYPL
EA
GOOGL
EXPE
ΜΕΤΑ
ADBE
EBAY
ATVI
MSFT
BKNG
QRTEA,
(3)
UBER
(3)
ABNB
24%
22%
21%
19%
18%
17%
16%
16%
15%
9%
8%
☐ 6%
ΝΑ
ΝΑ
Represents the cumulative SBC expense and cumulative Net Cash Provided by Operating Activities for 2021-2022 given 2021 was ABNB's first full year as a public company.
(3) NA given ABNB and UBER's first full year as a public company was 2021 and 2020, respectively.
49%
84%
Source: Company filings.
Data is derived from publicly reported information of Compensation Peer Group companies. ADBE, EA, and MSFT do not have December 31 fiscal year ends, so their full year data is shown as of their latest completed fiscal year
(e.g., MSFT's 2022 data is for the twelve months ended June 30, 2022).
Negative OCF
151%
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