Priceline gives travelers the inside track to travel deals and discounts. With their exclusive deal search technology, the Company 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)
18,500 (est)+3%
Priceline was founded in 1998 and is headquartered in Norwalk, US

Key People/Management 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 Financials and Metrics

Priceline Financials

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 (11-Dec-2017)

85.7 b

Cash (31-Dec-2016)

2.1 b

EV

89.8 b
Priceline's current market capitalization is $85.7 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
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
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
USDY, 2016

EV/EBIT

30.9 x

EV/CFO

22.9 x

Revenue/Employee

580.7 k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2 x
Show all financial metrics

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
Show all operating metrics

Priceline Acquisitions / Subsidiaries

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

Priceline Market Value History

Priceline Revenue Breakdown

Priceline's Web-traffic and Trends

Priceline Online and Social Media Presence

Priceline News and Updates

Priceline Group’s Diss of Trivago and 8 Other Digital Trends This Week

This week in digital news, we dug into why Priceline is pulling back on its Trivago spending. Then we looked back at Skift Global Forum for some perspective on online travel agency growth. -Sarah Enelow

Inside Priceline Group’s Diss of Trivago — The Backstory

What do a debate over landing pages, the acquisition of Momondo, a shift into hotel software services, and regulators forcing changes in online travel agency contracts have in common? Each of those seemingly unrelated things may have pushed Priceline to toggle back its spending on Trivago. -Sean O'N…

Online Travel Plunge Spurs Investor Wariness

When Priceline sneezes, the online travel industry catches a cold. -Sean O'Neill

Growth Juggernaut Trivago Sees Revenue Slump Coming as Biggest Customers Pull Back

Expedia’s fast-growing hotel search site Trivago may see its pace of growth stall as both Expedia and rival The Priceline Group have pulled back on spending. This is an extraordinary development given the fact that Trivago was one of Expedia's growth engines and there was seemingly no end in site. -…

Priceline Invests $450 Million in Chinese E-Commerce and 5 Other Digital Trends This Week

This week's digital news revolved around funding. Priceline invested $450 million in Chinese e-commerce, vacation rental property management company Vacasa raised $103 million, and travel startup incubators are booming. -Sarah Enelow

Priceline Invests $450 Million in Chinese E-Commerce Giant Meituan-Dianping

The deal shows the pragmatism of Priceline Group's new CEO toward China. Glenn Fogel chose to sync up with an additional local player rather than rely just on its existing partnership with Ctrip. -Sean O'Neill
Show more

Priceline Company Life and Culture

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