Priceline

Priceline gives travelers the inside track to travel deals and discounts. With their exclusive deal search technology, priceline aims to deliver more ways to save on airline tickets, hotel rooms, rental cars, vacation packages and cruises than anyone else.
Company Growth (employees)
Type
Public
HQ
Norwalk, US
Founded
1998
Size (employees)
18,000 (est)-2%
Priceline was founded in 1998 and is headquartered in Norwalk, US

Key People at Priceline

Glenn D.  Fogel

Glenn D. Fogel

Chief Executive Officer
Koby Avital

Koby Avital

Chief Technology Officer
Todd Provino

Todd Provino

Senior Vice President, Customer Care
Mark Koehler

Mark Koehler

Senior Vice President, Hotels
Brigit Zimmerman

Brigit Zimmerman

Senior Vice President, Air and Vacation Packages
Daniel  J. Finnegan

Daniel J. Finnegan

Chief Financial Officer and Chief Accounting Officer
Bill Jose

Bill Jose

Senior Vice President, Rental Cars
Phyllis Wallitt

Phyllis Wallitt

Senior Vice President & General Counsel

Priceline Office Locations

Priceline has an office in Norwalk
Norwalk, US (HQ)
800 Connecticut Avenue

Priceline Data and Metrics

Priceline Financial Metrics

Priceline's revenue was reported to be $10.7 b in FY, 2016 which is a 16% increase from the previous period.
USD

Revenue (FY, 2016)

10.7 b

Revenue growth (FY, 2015 - FY, 2016), %

16%

Gross profit (FY, 2016)

10.3 b

Gross profit margin (FY, 2016), %

96%

Net income (FY, 2016)

2.1 b

EBIT (FY, 2016)

2.9 b

Market capitalization (22-Aug-2017)

91 b

Cash (31-Dec-2016)

2.1 b

EV

95.1 b
Priceline's current market capitalization is $91 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.8 b8.4 b9.2 b10.7 b

Revenue growth, %

24%9%16%

Cost of goods sold

1.1 b857.8 m632.2 m428.3 m

Gross profit

5.7 b7.6 b8.6 b10.3 b

Gross profit Margin, %

84%90%93%96%

Sales and marketing expense

435.2 m

R&D expense

142.4 m

General and administrative expense

455.9 m

Operating expense total

1 b

EBIT

2.4 b3.1 b3.3 b2.9 b

EBIT margin, %

36%36%35%27%

Interest expense

83.3 m88.4 m160.2 m207.9 m

Interest income

4.2 m13.9 m55.7 m94.9 m

Pre tax profit

2.3 b3 b3.1 b2.7 b

Income tax expense

403.7 m567.7 m577 m578.3 m

Net Income

1.9 b2.4 b2.6 b2.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.3 b3.1 b1.5 b2.1 b

Inventories

107.1 m178.1 m258.8 m241.4 m

Current Assets

7.5 b5.3 b3.6 b5.4 b

PP&E

135.1 m199 m274.8 m347 m

Goodwill

1.8 b3.3 b3.4 b2.4 b

Total Assets

10.4 b14.9 b17.4 b19.8 b

Accounts Payable

247.3 m281.5 m322.8 m419.1 m

Total Debt

3.8 b6.2 b6.2 b

Current Liabilities

1.4 b1.4 b1.4 b2.9 b

Total Liabilities

10 b

Additional Paid-in Capital

4.6 b4.9 b5.2 b5.5 b

Retained Earnings

11.3 b

Total Equity

6.9 b8.6 b8.8 b9.8 b

Debt to Equity Ratio

0.4 x0.7 x0.6 x

Debt to Assets Ratio

0.3 x0.4 x0.3 x

Financial Leverage

1.5 x1.7 x2 x2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.9 b2.4 b2.6 b2.1 b

Depreciation and Amortization

309.1 m

Accounts Receivable

(111.6 m)(182.2 m)(68.7 m)(284.2 m)

Inventories

(6.9 m)(48.9 m)(81.6 m)5.5 m

Cash From Operating Activities

2.3 b2.9 b3.1 b3.9 b

Purchases of PP&E

(84.4 m)(131.5 m)(173.9 m)(219.9 m)

Cash From Investing Activities

(2.2 b)(2.3 b)(3.9 b)(3.3 b)

Cash From Financing Activities

(403.5 m)1.4 b(730 m)57.7 m

Interest Paid

21 m17 m54.3 m125.9 m

Income Taxes Paid

391.2 m491.5 m534.1 m636.6 m
USDY, 2016

EV/EBIT

32.7 x

EV/CFO

24.2 x

Revenue/Employee

580.7 k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2 x

Priceline Operating Metrics

Y, 2013Y, 2014Y, 2015Q1, 2016Q2, 2016Sep, 2016Q3, 2016Y, 2016

Gross Bookings

39.17 b50.3 b55.53 b$16.65 b$17.86 b$18.46 b68.09 b

Room Nights

270.5 m346 m432.3 m136.5 m140.7 m150 m556.6 m

Airline Tickets

7 m7.8 m7.7 m1.8 m2 m1.9 m7.3 m

Rental Car Days

43.9 m51.8 m59.9 m16.2 m18.5 m18 m66.6 m

Countries

225

Destinations

96 k

Developers

2.5 k

Priceline Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
momondoJuly 26, 2017$550 m
OpenTableJune 13, 2014$2.6 b
OpenTableJune 13, 2014$2.6 b
KAYAKNovember 08, 2012$1.8 b

Priceline Market Value History

Priceline Revenue Breakdown

Traffic Overview of Priceline

Priceline Online and Social Media Presence

Priceline News and Updates

Priceline acquires UK-based travel site Momondo Group

The Priceline Group has signed a deal to acquire UK and Denmark-based travel search site Momondo Group for $550 million in cash. Momondo offers a metasearch engine for hotels, flights, and cars in Europe. Priceline bought the company from its previous owner Great Hill Partners, a private equity firm…

Priceline pays $550 million to acquire European travel search firm Momondo

The Priceline Group is acquiring U.K.-based travel search company the Momondo Group in an all-cash transaction worth $550 million. The Momondo Group operates a number of prominent travel brands, including global flight comparison sight Cheapflights and Momondo, a European search engine for hotels, f…

Priceline Names New CEO

Change follows exit by earlier CEO over a personal relationship.

Priceline Shares Rise On Strong Hotel Bookings

The online travel company's stock jumped more than 5%.

This Startup Is Pretty Much a Priceline for Buying Blood

There is no central nationwide database to track the availability and cost of blood products, so getting a pint to a patient in need can be a logistics mess. The post This Startup Is Pretty Much a Priceline for Buying Blood appeared first on WIRED.

More than a dozen trendy hotels are banding together to take on Expedia and Priceline

The system that many hotels use to manage their reservations is broken. Even in the most popular hotels, a large percentage of rooms go unused on any given night.  Earlier this year, Standard International — the company behind the trendy Standard hotels in Los Angeles, Miami…
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Priceline Company Life and Culture

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