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
Parent Company
The Priceline Group
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.
Numbers are in $, 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 (23-May-2017)

89.8 b

Closing share price (23-May-2017)

1.8 k

Cash (31-Dec-2016)

2.1 b

EV

93.9 b
Priceline's current market capitalization is $89.8 b.
Numbers are in $, 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%

Operating expense total

3.3 b4.5 b5.3 b7.4 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
Numbers are in $, 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

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
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.9 b2.4 b2.6 b2.1 b

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
Numbers are in $, USDY, 2016

EV/EBIT

32.3 x

EV/CFO

23.9 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, 2016Q3, 2016Y, 2016

Airline Tickets

7 mA7.8 m7.7 m1.8 mB2 mB1.9 mB7.3 m

Room Nights

270.5 mA346 m432.3 m136.5 mB140.7 mB150 mB556.6 m

Rental Car Days

43.9 mA51.8 m59.9 m16.2 mB18.5 mB18 mB66.6 m

Gross Bookings

39.17 bA50.3 bA55.53 b$16.65 bB$17.86 bB$18.46 bB68.09 b

Priceline Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
OpenTableJune 13, 2014$2.6 b

Priceline Market Value History

Priceline Revenue Breakdown

Priceline Online and Social Media Presence

Priceline News and Updates

Priceline Company Life and Culture

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