Trip.com Group/$TCOM
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Trip.com Group
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel, as passport penetration is only 12% in China. The company generated about 79% of sales from accommodation reservations and transportation ticketing in 2024. The rest of the revenue comes from package tours and corporate travel. Before the pandemic in 2019, the firm generated 25% of revenue from international travel, which is important to its margin expansion.Most of its sales come from its domestic platform, but the company is expanding its overseas business. It competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
- Ticker
- $TCOM
- Sector
- Consumer Discretionary
- Primary listing
- NASDAQ
- Employees
- 43,574
- Headquarters
- Singapore, Singapore
- Website
- group.trip.com
Trip.com Group Metrics
BasicAdvanced
$25B
7.29
$5.43
-0.04
-
Price and volume
Market cap
$25B
Beta
-0.04
52-week high
$78.99
52-week low
$37.58
Average daily volume
2.9M
Financial strength
Current ratio
1.327
Quick ratio
1.046
Long term debt to equity
0.007
Total debt to equity
0.168
Interest coverage (TTM)
19.98%
Profitability
EBITDA (TTM)
1,715.646
Gross margin (TTM)
80.05%
Net profit margin (TTM)
36.90%
Operating margin (TTM)
16.14%
Effective tax rate (TTM)
19.48%
Revenue per employee (TTM)
$226,680
Management effectiveness
Return on assets (TTM)
2.59%
Return on equity (TTM)
15.65%
Valuation
Price to earnings (TTM)
7.29
Price to revenue (TTM)
2.605
Price to book
0.16
Price to tangible book (TTM)
0.3
Growth
Revenue change (TTM)
14.52%
Earnings per share change (TTM)
39.70%
3-year revenue growth (CAGR)
26.56%
10-year revenue growth (CAGR)
16.18%
3-year earnings per share growth (CAGR)
56.27%
10-year earnings per share growth (CAGR)
43.07%
What the Analysts think about Trip.com Group
Analyst ratings (Buy, Hold, Sell) for Trip.com Group stock.
Analyst projections of the future price of Trip.com Group stock.
Bulls say / Bears say
Trip.com’s international platform revenue rose by more than 50% in Q2 2026, while inbound travel revenue grew at a high double-digit rate. That rapid expansion gives the group a growth engine beyond its China-focused business. (Trip.com Group Limited)
Growth extended across several business lines: package-tour revenue increased 8% and corporate-travel revenue rose 11% year on year in Q2. These segments add growth alongside the larger accommodation and transport businesses. (Trip.com Group Limited)
Underlying earnings held up despite the quarter’s reported loss: non-GAAP diluted earnings per ADS edged up to RMB7.27 from RMB7.20 a year earlier. The group also had RMB100.5 billion in cash and investments, providing substantial capacity to fund growth. (Trip.com Group Limited)
China imposed a 5.179 billion yuan penalty for monopolistic conduct in online hotel bookings. The required business changes and hotel refunds also put pressure on monetisation and create uncertainty around the economics of Trip.com’s core domestic platform. (Reuters, Trip.com Group Limited)
Revenue growth slowed to 6% in Q2 from 17% in Q1, and Q2 revenue fell 3% from the previous quarter. Transportation-ticketing revenue declined 1% year on year as higher energy prices and geopolitical uncertainty weighed on demand. (Trip.com Group Limited, PR Newswire)
International expansion is adding costs before it delivers stronger operating leverage: adjusted sales and marketing expenses rose 15% in Q2, while adjusted EBITDA fell to RMB4.6 billion from RMB4.9 billion a year earlier. That weakens the case that fast overseas growth will quickly lift profits. (Trip.com Group Limited)
Data summarised monthly by Lightyear AI. Last updated on 27 Oct 2026.
Trip.com Group Financial Performance
Revenues and expenses
Trip.com Group Earnings Performance
Company profitability
Upcoming events
No upcoming events
Trip.com Group News
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Funds containing Trip.com Group
AllEURUSD
Fund name | Fund size | $TCOM weighting |
|---|---|---|
iShares Dow Jones China Offshore 50€EXXU | €42M | 1.73% |
HSBC MSCI Emerging Markets Islamic Screened Capped£HIES | $182M | 0.54% |
HSBC MSCI Emerging Markets Islamic Screened Capped$HIEM | $182M | 0.54% |
SPDR MSCI EM Asia$EMAD | $1.6B | 0.23% |
SPDR MSCI EM Asia€SPYA | $1.6B | 0.23% |
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