TCOM vs H Stock Comparison

Trip.com and Hyatt Hotels Prices as of Oct 26, 2026 Peers: Industry group
TCOM Trip.com Group Ltd
$39.91 +1.2% 1M -45.2% 1Y
Market cap
$25.92B
P/E
7.7x
Revenue (TTM)
$9.45B
Div. yield
–
Travel Services Consumer Discretionary
7 wins
H Hyatt Hotels Corp
$172.02 +8.6% 1M +15.6% 1Y
Market cap
$16.22B
P/E
205.3x
Revenue (TTM)
$7.15B
Div. yield
0.35%
Hotels Consumer Discretionary
3 wins

Head to Head

10 decided of 12

Trip.com leads on 7 of the 12 questions below (Trip.com 7, Hyatt Hotels 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTCOMHLeader
Larger companyMarket capitalisation $25.92B $16.22B TCOM
Cheaper on earningsLower P/E, profitable companies only 7.7x 205.3x TCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.0x 47.3x TCOM
Faster revenue growthRevenue growth, trailing twelve months +18.1% +5.8% TCOM
More profitableNet margin, trailing twelve months 36.1% 1.1% TCOM
Better return on capitalReturn on invested capital 5.3% -23.6% TCOM
Less leveragedLower net debt / EBITDA — -0.7x –
Higher dividend yieldTrailing dividend yield 0.00% 0.35% –
Better 1-year returnPrice return, last 12 months -45.2% +15.6% H
Better 5-year returnAnnualised price return, 5 years +6.6%/yr +15.0%/yr H
Less volatileAnnualised volatility, 1 year 36.3% 34.7% H
Higher overall scoreMean of the five percentile scores vs peers 77/100 32/100 TCOM

Percentile Scorecard

TCOMH

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

AxisTCOMH
Valuation 79 #5 of 20 11 #18 of 20
Growth 75 #5 of 17 50 #9 of 17
Profitability 75 #5 of 17 25 #13 of 17
Financial Health 80 #5 of 21 40 #13 of 21
Shareholder Returns – 36 #8 of 12
Overall 77 32
  • TCOM ranked among 22 companies in Travel and Lodging
  • H ranked among 22 companies in Travel and Lodging

Price Performance

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

Returns

PeriodTCOMHSPY
1 month +1.2%+8.6% -0.8%
3 months -10.9%-10.0% +3.5%
6 months -25.0%+4.9% +7.0%
Year to date -44.5%+7.3% +12.2%
1 year -45.2%+15.6% +13.0%
3 years +13.0%+73.3% +86.3%
3 years, per year +4.2%+20.1% +23.1%
5 years +37.9%+100.8% +68.6%
5 years, per year +6.6%+15.0% +11.0%
10 years -14.5%+253.4% +258.0%
10 years, per year -1.6%+13.5% +13.6%

Risk

MeasureTCOMHSPY
Volatility, 1Y 36.3%34.7% 12.7%
Downside volatility, 1Y 43.1%33.7% 12.7%
Beta vs S&P 500, 1Y 0.590.97 1.00
Return / volatility, 1Y -1.250.45 1.02
Max drawdown, 5Y -51.9%-37.3% -25.4%
From 52-week high -49.5%-14.9% -1.8%
52-week high $78.96$202.09 $779.14
52-week low $37.96$135.42 $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.

MultipleTCOMH
P/E now vs peer median 7.7xmedian 20.1x 205.3xmedian 20.1x
P/S now vs peer median 2.7xmedian 1.5x 2.3xmedian 1.5x
EV/EBITDA now vs peer median —median 15.0x -4.0xmedian 15.0x
P/FCF now vs peer median —median 14.5x 64.4xmedian 14.5x
P/B now vs peer median 1.1xmedian 2.1x 4.5xmedian 2.1x
PEG now vs peer median 0.15median 0.38 -4.91median 0.38

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 monthsTCOMH
Revenue $9.45B $7.15B
Gross profit $7.55B $1.45B
Operating income $1.50B -$5.27B
Net income $3.42B $81.00M
Free cash flow – $252.00M
R&D $2.30B –
EPS (diluted) $4.88 $0.82
Cash & equivalents $8.26B $537.00M
Total debt $18.23B $19.28B
Shares (diluted) 698.38M 96.70M
Enterprise value -$18.87B $13.70B

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
MetricTCOMH
P/E 7.7x 205.3x
P/FCF – 64.4x
P/Operating cash flow – 36.6x
P/S 2.7x 2.3x
P/B 1.1x 4.5x
P/Tangible book 1.2x 10.8x
EV/EBITDA – -4.0x
EV/EBIT 12.0x -3.8x
EV/Revenue 1.9x 2.8x
EV/FCF – 79.0x
EV/Operating cash flow – 44.9x
PEG (3Y EPS CAGR) 0.15 -4.91

Growth

14 metrics
MetricTCOMH
Revenue growth (1Y) 18.1% 5.8%
Revenue CAGR (3Y) 27.2% 3.2%
Gross profit growth (1Y) 16.9% 3.1%
Gross profit CAGR (3Y) 40.9% -5.0%
Operating income growth (1Y) -28.2% -5.3%
Operating income CAGR (3Y) 42.4% -5.9%
Net income growth (1Y) 34.1% -81.4%
Net income CAGR (3Y) 54.9% -43.5%
EPS growth (1Y) 33.2% -81.9%
EPS CAGR (3Y) 51.8% -41.8%
Operating cash flow growth (1Y) – 47.7%
Operating cash flow CAGR (3Y) – -12.5%
Free cash flow growth (1Y) – 90.9%
Free cash flow CAGR (3Y) – -19.6%

Profitability

14 metrics
MetricTCOMH
Gross margin 80.0% 20.3%
EBITDA margin – -69.3%
Operating margin 15.9% -73.7%
Pretax margin 45.7% 3.2%
Net margin 36.1% 1.1%
FCF margin – 3.5%
Operating cash flow margin – 6.2%
Return on equity 14.3% 2.3%
Return on assets 8.9% 0.6%
Return on invested capital 5.3% -23.6%
Return on capital employed 6.1% -49.4%
Asset turnover 0.2x 0.5x
Cash conversion (OCF / net income) – 5.5x
Stock comp / revenue – 1.0%

Financial Health

11 metrics
MetricTCOMH
Debt / assets 10.2% 30.6%
Debt / equity 0.2x 1.2x
Net debt / EBITDA – -0.7x
Debt / FCF – 17.0x
Liabilities / assets 38.0% 74.1%
Equity / assets 62.0% 25.9%
Interest coverage 19.8x -17.2x
Current ratio 1.3x 0.6x
Quick ratio 1.0x 0.5x
Cash ratio 0.9x 0.2x
Altman Z-score – 0.45

Shareholder Returns

7 metrics
MetricTCOMH
Dividend yield – 0.3%
Net buyback yield – 1.8%
Shareholder yield 0.0% 2.1%
Payout ratio (earnings) – 70.4%
Payout ratio (FCF) – 22.6%
Dividend growth (1Y) – 0.0%
Dividend CAGR (3Y) – 52.7%

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.

ConsensusTCOMH
Forward P/E 11.0xFY2026 47.3xFY2026
EPS, next fiscal year $3.63FY2026 $3.64FY2026
EPS growth, next FY -44.3%FY2026 +66.2%FY2026
EPS growth, the year after +17.1% +40.1%
Revenue, next fiscal year $9.45BFY2026 $7.49BFY2026
Revenue growth, next FY +5.9%FY2026 +5.6%FY2026
Revenue growth, the year after +20.9% +6.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTCOMH
Held by institutions 23.0% 100.0%
Institutions holding 319 528
Change in shares held, QoQ +1.2% +2.2%
Institutions buying 152 239
Institutions selling 119 178
Buyers to sellers 1.28 1.34

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.

TCOMH
TCOM 1.00 0.08
H 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TCOM and H?

Trip.com (TCOM) is the largest by market capitalisation: Trip.com (TCOM) $25.92B, Hyatt Hotels (H) $16.22B.

Which stock is cheaper, TCOM and H?

Trip.com (TCOM) trades on the lowest price-to-earnings ratio (Trip.com (TCOM) 7.7x, Hyatt Hotels (H) 205.3x). On next year's consensus earnings, Trip.com (TCOM) is cheapest (Trip.com (TCOM) 11.0x, Hyatt Hotels (H) 47.3x). 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: Trip.com (TCOM) +18.1%, Hyatt Hotels (H) +5.8%.

Which company is more profitable?

Trip.com (TCOM) has the highest net margin (Trip.com (TCOM) 36.1%, Hyatt Hotels (H) 1.1%). On return on invested capital, Trip.com (TCOM) leads (Trip.com (TCOM) 5.3%, Hyatt Hotels (H) -23.6%).

Which stock has performed better?

Over the past year Hyatt Hotels (H) returned the most: Trip.com (TCOM) -45.2%, Hyatt Hotels (H) +15.6%. Over five years, Hyatt Hotels (H) compounded fastest (Trip.com (TCOM) +6.6%/yr, Hyatt Hotels (H) +15.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Trip.com (TCOM) 0.00%, Hyatt Hotels (H) 0.35%. Trip.com (TCOM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Hyatt Hotels (H) has been the steadiest (Trip.com (TCOM) 36.3%, Hyatt Hotels (H) 34.7%). Volatility measures how widely the price swings, not the risk of the business.

Do TCOM and H move together?

Their daily returns over the past year have a correlation of 0.08, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, TCOM and H?

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 7. 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.