NextTrip (NTRP) Equity Ratio (2010 - 2026)
NextTrip's (NTRP) quarterly Equity Ratio came in at 0.41 in Q1 2026, down 44.55% year-on-year from 0.74 in Q1 2025, and up 0.68% quarter-over-quarter from 0.41 in Q4 2025.
NextTrip (NTRP) Equity Ratio (2010 - 2026) Analysis & Trends
NextTrip has disclosed Equity Ratio across 17 years of filings, most recently posting 0.41 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.41, down 44.55% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.41 (down 44.55% YoY), and the FY2026 annual result was 0.41, down 44.55% from the prior year.
- Equity Ratio came in at 0.41 for Q1 2026 at NextTrip, up from 0.41 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.93 in Q2 2022 to a low of 0.28 in Q4 2024.
- The 5-year median for Equity Ratio is 0.51 (2025), against an average of 0.49.
- Across the five-year window, Equity Ratio surged 1565.5% in 2025 and plunged 44.55% in 2026, its largest moves.
- NextTrip's Equity Ratio stood at 0.89 in 2022, then slumped by 90.75% to 0.08 in 2023, then slumped by 445.54% to 0.28 in 2024, then jumped by 243.59% to 0.41 in 2025, then grew by 0.68% to 0.41 in 2026.
- The last three Equity Ratio figures came in at 0.41 (Q1 2026), 0.41 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -0.31 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.28 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 0.23 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 0.25 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.07 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 0.10 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.32 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | -0.15 |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.64 |
| 10 | NextTrip | 21.97 Mn | 21.97 Mn | 230,527.00 | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.41 |
| Nov 30, 2025 | 0.41 |
| Aug 31, 2025 | 0.40 |
| May 31, 2025 | 0.61 |
| Feb 28, 2025 | 0.74 |
| Nov 30, 2024 | -0.28 |
| Aug 31, 2024 | -0.03 |
| May 31, 2024 | 0.25 |
| Feb 29, 2024 | 0.61 |
| Feb 28, 2023 | 0.08 |
| Dec 31, 2022 | 0.89 |
| Sep 30, 2022 | 0.89 |
| Jun 30, 2022 | 0.93 |
| Mar 31, 2022 | 0.92 |
| Dec 31, 2021 | 0.93 |
| Sep 30, 2021 | 0.94 |
| Jun 30, 2021 | 0.96 |
| Mar 31, 2021 | 0.71 |
| Dec 31, 2020 | 0.91 |
| Sep 30, 2020 | 0.92 |