Trip.com (TCOM) Debt Ratio (2009 - 2026)
Trip.com (TCOM) posted Debt Ratio of 0.12 for Q1 2026, little changed on a QoQ basis from 0.12 in Q4 2025, and down 31.57% year-over-year from 0.17 in Q1 2025.
Analysis
Trip.com (TCOM) Debt Ratio (2009 - 2026) Analysis & Trends
Trip.com has reported Debt Ratio for 18 years, with the latest figure at 0.12 in Q1 2026.
- On a quarterly basis, Debt Ratio fell 31.57% year-over-year to 0.12 in Q1 2026; TTM through Mar 2026 was 0.12, a 31.57% decrease from a year earlier, with the FY2025 full-year figure at 0.12, down 29.38% from the prior year.
- Debt Ratio was 0.12 for Q1 2026 at Trip.com, roughly flat from 0.12 in the prior quarter.
- The five-year high for Debt Ratio was 0.28 in Q2 2022, with the low at 0.12 in Q3 2025.
- Average Debt Ratio over 5 years is 0.2, with a median of 0.21 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio rose 0.66% in 2024, then sank 38.4% in 2025.
- Over 5 years, Debt Ratio stood at 0.24 in 2022, then fell by 13.95% to 0.21 in 2023, then retreated by 20.23% to 0.16 in 2024, then fell by 29.38% to 0.12 in 2025, then grew by 0.26% to 0.12 in 2026.
- The last three Debt Ratio figures came in at 0.12 (Q1 2026), 0.12 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trip.com | 26.65 Bn | 15.19 Bn | 1.86 Bn | 0.12 |
| 2 | Yatra Online | 6.38 Bn | 6.42 Bn | 12.97 Mn | 0.01 |
| 3 | Global Business Travel | 4.95 Bn | 4.48 Bn | 514.00 Mn | 0.31 |
| 4 | Ambitions Enterprise Management Co. L.L.C | 36.55 Mn | 33.39 Mn | - | - |
| 5 | JX Luxventure | 5.82 Mn | 5.11 Mn | - | 0.25 |
| 6 | Maitong Sunshine Cultural Development | 1.92 Mn | 1.91 Mn | - | - |
| 7 | Wetour Robotics | 560,999.99 | 377,549.02 | - | 0.27 |
| 8 | Tuniu | 5.03 | -154.31 Mn | 11.27 Mn | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | 0.12 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.24 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | 0.31 |