EXPE vs TCOM Stock Comparison

Expedia and Trip.com Prices as of Oct 23, 2026 Peers: Industry group
EXPE Expedia Group, Inc.
$289.01 +11.6% 1M +34.0% 1Y
Market cap
$34.13B
P/E
16.8x
Revenue (TTM)
$15.70B
Div. yield
0.01%
Digital Marketplaces Technology
4 wins
TCOM Trip.com Group Ltd
$39.78 -2.1% 1M -44.0% 1Y
Market cap
$26.24B
P/E
7.7x
Revenue (TTM)
$9.45B
Div. yield
–
Travel Services Consumer Discretionary
6 wins

Head to Head

10 decided of 12

Trip.com leads on 6 of the 12 questions below (Trip.com 6, Expedia 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEXPETCOMLeader
Larger companyMarket capitalisation $34.13B $26.24B EXPE
Cheaper on earningsLower P/E, profitable companies only 16.8x 7.7x TCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.3x 11.0x TCOM
Faster revenue growthRevenue growth, trailing twelve months +12.0% +18.1% TCOM
More profitableNet margin, trailing twelve months 13.0% 36.1% TCOM
Better return on capitalReturn on invested capital 29.5% 5.3% EXPE
Less leveragedLower net debt / EBITDA -0.5x — –
Higher dividend yieldTrailing dividend yield 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +34.0% -44.0% EXPE
Better 5-year returnAnnualised price return, 5 years +12.3%/yr +5.5%/yr EXPE
Less volatileAnnualised volatility, 1 year 51.0% 36.3% TCOM
Higher overall scoreMean of the five percentile scores vs peers 63/100 81/100 TCOM

Percentile Scorecard

EXPETCOM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEXPETCOM
Valuation 65 #60 of 167 82 #6 of 29
Growth 77 #36 of 153 80 #6 of 26
Profitability 97 #6 of 153 68 #9 of 26
Financial Health 33 #121 of 179 93 #3 of 31
Shareholder Returns 44 #53 of 94 –
Overall 63 81
  • EXPE ranked among 185 companies in Internet Platforms
  • TCOM ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEXPETCOMSPY
1 month +11.6%-2.1% -1.0%
3 months +11.2%-8.8% +2.9%
6 months +14.9%-25.1% +6.4%
Year to date +2.0%-44.7% +11.4%
1 year +34.0%-44.0% +13.1%
3 years +197.1%+14.8% +79.4%
3 years, per year +43.8%+4.7% +21.5%
5 years +78.8%+30.7% +67.7%
5 years, per year +12.3%+5.5% +10.9%
10 years +126.5%-16.4% +255.2%
10 years, per year +8.5%-1.8% +13.5%

Risk

MeasureEXPETCOMSPY
Volatility, 1Y 51.0%36.3% 12.7%
Downside volatility, 1Y 50.7%43.1% 12.7%
Beta vs S&P 500, 1Y 0.980.60 1.00
Return / volatility, 1Y 0.67-1.21 1.03
Max drawdown, 5Y -60.9%-51.9% -25.4%
From 52-week high -14.8%-49.6% -2.5%
52-week high $339.12$78.96 $779.14
52-week low $188.51$37.96 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEXPETCOM
P/E now vs peer median 17.1xmedian 17.5x 7.7xmedian 18.8x
P/S now vs peer median 2.1xmedian 1.4x 2.7xmedian 1.5x
EV/EBITDA now vs peer median 9.2xmedian 14.9x —median 15.0x
P/FCF now vs peer median 7.4xmedian 11.2x —median 16.0x
P/B now vs peer median 13.4xmedian 1.7x 1.1xmedian 2.5x
PEG now vs peer median 0.42median 0.42 0.15median 0.37

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEXPETCOM
Revenue $15.70B $9.45B
Gross profit $14.20B $7.55B
Operating income $2.51B $1.50B
Net income $2.04B $3.42B
Free cash flow $4.46B –
R&D $1.28B $2.30B
EPS (diluted) $16.61 $4.88
Cash & equivalents $6.68B $8.26B
Total debt $5.46B $18.23B
Shares (diluted) 122.55M 698.38M
Enterprise value $9.31B -$18.80B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEXPETCOM
P/E 17.1x 7.7x
P/FCF 7.4x –
P/Operating cash flow 6.3x –
P/S 2.1x 2.7x
P/B 13.4x 1.1x
P/Tangible book 20.8x 1.2x
EV/EBITDA 9.2x –
EV/EBIT 12.5x 12.0x
EV/Revenue 2.0x 1.9x
EV/FCF 7.0x –
EV/Operating cash flow 6.0x –
PEG (3Y EPS CAGR) 0.42 0.15

Growth

14 metrics
MetricEXPETCOM
Revenue growth (1Y) 12.0% 18.1%
Revenue CAGR (3Y) 8.6% 27.2%
Gross profit growth (1Y) 13.0% 16.9%
Gross profit CAGR (3Y) 10.3% 40.9%
Operating income growth (1Y) 80.0% -28.2%
Operating income CAGR (3Y) 27.9% 42.4%
Net income growth (1Y) 83.5% 34.1%
Net income CAGR (3Y) 31.4% 54.9%
EPS growth (1Y) 98.2% 33.2%
EPS CAGR (3Y) 41.0% 51.8%
Operating cash flow growth (1Y) 87.8% –
Operating cash flow CAGR (3Y) 18.6% –
Free cash flow growth (1Y) 123.3% –
Free cash flow CAGR (3Y) 24.3% –

Profitability

14 metrics
MetricEXPETCOM
Gross margin 90.4% 80.0%
EBITDA margin 21.7% –
Operating margin 16.0% 15.9%
Pretax margin 15.5% 45.7%
Net margin 13.0% 36.1%
FCF margin 28.4% –
Operating cash flow margin 33.2% –
Return on equity 94.7% 14.3%
Return on assets 7.3% 8.9%
Return on invested capital 29.5% 5.3%
Return on capital employed 33.9% 6.1%
Asset turnover 0.6x 0.2x
Cash conversion (OCF / net income) 2.6x –
Stock comp / revenue 2.6% –

Financial Health

11 metrics
MetricEXPETCOM
Debt / assets 18.8% 10.2%
Debt / equity 2.2x 0.2x
Net debt / EBITDA -0.5x –
Debt / FCF 1.2x –
Liabilities / assets 91.5% 38.0%
Equity / assets 8.5% 62.0%
Interest coverage 7.1x 19.8x
Current ratio 0.8x 1.3x
Quick ratio 0.6x 1.0x
Cash ratio 0.4x 0.9x
Altman Z-score 1.52 –

Shareholder Returns

7 metrics
MetricEXPETCOM
Dividend yield 0.6% –
Net buyback yield 5.6% –
Shareholder yield 6.3% 0.0%
Payout ratio (earnings) 10.5% –
Payout ratio (FCF) 4.8% –
Dividend growth (1Y) 109.8% –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEXPETCOM
Forward P/E 14.3xFY2026 11.0xFY2026
EPS, next fiscal year $20.17FY2026 $3.61FY2026
EPS growth, next FY +27.2%FY2026 -44.6%FY2026
EPS growth, the year after +16.3% +17.2%
Revenue, next fiscal year $16.58BFY2026 $9.43BFY2026
Revenue growth, next FY +12.5%FY2026 +5.7%FY2026
Revenue growth, the year after +1.5% +21.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEXPETCOM
Held by institutions 100.0% 23.0%
Institutions holding 1,118 319
Change in shares held, QoQ +7.8% +1.2%
Institutions buying 602 152
Institutions selling 361 119
Buyers to sellers 1.67 1.28

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EXPETCOM
EXPE 1.00 0.25
TCOM 0.25 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EXPE and TCOM?

Expedia (EXPE) is the largest by market capitalisation: Expedia (EXPE) $34.13B, Trip.com (TCOM) $26.24B.

Which stock is cheaper, EXPE and TCOM?

Trip.com (TCOM) trades on the lowest price-to-earnings ratio (Expedia (EXPE) 16.8x, Trip.com (TCOM) 7.7x). On next year's consensus earnings, Trip.com (TCOM) is cheapest (Expedia (EXPE) 14.3x, Trip.com (TCOM) 11.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Trip.com (TCOM) grew revenue fastest over the trailing twelve months: Expedia (EXPE) +12.0%, Trip.com (TCOM) +18.1%.

Which company is more profitable?

Trip.com (TCOM) has the highest net margin (Expedia (EXPE) 13.0%, Trip.com (TCOM) 36.1%). On return on invested capital, Expedia (EXPE) leads (Expedia (EXPE) 29.5%, Trip.com (TCOM) 5.3%).

Which stock has performed better?

Over the past year Expedia (EXPE) returned the most: Expedia (EXPE) +34.0%, Trip.com (TCOM) -44.0%. Over five years, Expedia (EXPE) compounded fastest (Expedia (EXPE) +12.3%/yr, Trip.com (TCOM) +5.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Expedia (EXPE) 0.01%, Trip.com (TCOM) 0.00%. Trip.com (TCOM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Trip.com (TCOM) has been the steadiest (Expedia (EXPE) 51.0%, Trip.com (TCOM) 36.3%). Volatility measures how widely the price swings, not the risk of the business.

Do EXPE and TCOM move together?

Their daily returns over the past year have a correlation of 0.25, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, EXPE and TCOM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Trip.com (TCOM) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.