According to @QCompounding, Booking Holdings (BKNG) has a 43.7% ROIC, signaling strong capital efficiency for investors assessing profitability and reinvestment returns, source: @QCompounding on X, Dec 5, 2025. According to @QCompounding, the company earns fees each time a hotel is booked online and owns Booking.com, Priceline, and Kayak, underscoring platform breadth that supports revenue durability, source: @QCompounding on X, Dec 5, 2025. According to @QCompounding, while the travel industry is cyclical, scale and software are identified as BKNG’s core advantages, highlighting the operating leverage and moat narrative traders track during cycles, source: @QCompounding on X, Dec 5, 2025. According to @QCompounding, this update does not mention crypto assets or blockchain integrations, indicating no direct crypto market linkage in this item, source: @QCompounding on X, Dec 5, 2025.