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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Trip.com (TCOM) EBITDA Margin (2016 - 2025)

Trip.com has reported EBITDA Margin over the past 17 years, most recently at 22.2% for Q4 2025.

  • For Q4 2025, EBITDA Margin fell 113.0% year-over-year to 22.2%; the TTM value through Dec 2025 reached 30.13%, down 192.0%, while the annual FY2025 figure was 51.3%, 1716.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 22.2% at Trip.com, down from 34.57% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 35.67% in Q3 2024 and troughed at 5.25% in Q1 2021.
  • A 5-year average of 21.57% and a median of 25.43% in 2023 define the central range for EBITDA Margin.
  • Biggest five-year swings in EBITDA Margin: plummeted -1489bps in 2021 and later surged 2811bps in 2023.
  • Year by year, EBITDA Margin stood at 0.95% in 2021, then surged by 490bps to 5.62% in 2022, then surged by 390bps to 27.54% in 2023, then decreased by -15bps to 23.33% in 2024, then fell by -5bps to 22.2% in 2025.
  • Business Quant data shows EBITDA Margin for TCOM at 22.2% in Q4 2025, 34.57% in Q3 2025, and 32.51% in Q2 2025.