Trip.com TCOM
NASDAQ TCOM
$41.03 -0.37 (-0.89%)
At close: Sep 4, 2026 · 4:00 PM EDT

Trip.com (TCOM) EBITDA Margin (2009 - 2026)

Trip.com (TCOM) posted EBITDA Margin of 29.83% for Q1 2026, up 34.36% on a QoQ basis from 22.2% in Q4 2025, and down 85.0% year-over-year from 198.87% in Q1 2025.

Analysis

Trip.com (TCOM) EBITDA Margin (2009 - 2026) Analysis & Trends

Trip.com has reported EBITDA Margin for 18 years, with the latest figure at 29.83% in Q1 2026.

  • On a quarterly basis, EBITDA Margin fell 85.0% year-over-year to 29.83% in Q1 2026; TTM through Mar 2026 was 29.94%, a 149.0% decrease from a year earlier, with the FY2025 full-year figure at 30.24%, down 177.0% from the prior year.
  • EBITDA Margin was 29.83% for Q1 2026 at Trip.com, up from 22.2% in the prior quarter.
  • The five-year high for EBITDA Margin was 401.0% in Q4 2023, with the low at 2.47% in Q1 2022.
  • Average EBITDA Margin over 5 years is 47.84%, with a median of 30.68% recorded in 2025.
  • The sharpest annual moves came in 2023 and 2024: EBITDA Margin soared 39538 bps in 2023, then slumped 37767 bps in 2024.
  • Over 5 years, EBITDA Margin stood at 5.62% in 2022, then surged by 7040 bps to 401.0% in 2023, then plunged by 94 bps to 23.33% in 2024, then decreased by 5 bps to 22.2% in 2025, then soared by 34 bps to 29.83% in 2026.
  • The last three EBITDA Margin figures came in at 29.83% (Q1 2026), 22.2% (Q4 2025), and 34.57% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Trip.com 26.65 Bn 15.19 Bn 1.86 Bn 29.83%
2 Yatra Online 6.38 Bn 6.42 Bn 12.97 Mn 11.49%
3 Global Business Travel 4.95 Bn 4.48 Bn 514.00 Mn 2.76%
4 Ambitions Enterprise Management Co. L.L.C 36.55 Mn 33.39 Mn - -
5 JX Luxventure 5.82 Mn 5.11 Mn - -
6 Maitong Sunshine Cultural Development 1.92 Mn 1.91 Mn - -
7 Wetour Robotics 560,999.99 377,549.02 - -
8 Tuniu 5.03 -154.31 Mn 11.27 Mn -4.36%
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 29.83%
Dec 31, 2025 22.20%
Sep 30, 2025 34.57%
Jun 30, 2025 32.51%
Mar 31, 2025 30.68%
Dec 31, 2024 23.33%
Sep 30, 2024 35.67%
Jun 30, 2024 34.84%
Mar 31, 2024 33.31%
Dec 31, 2023 401.00%
Sep 30, 2023 33.63%
Jun 30, 2023 33.79%
Mar 31, 2023 30.57%
Dec 31, 2022 5.62%
Sep 30, 2022 20.43%
Jun 30, 2022 8.85%
Mar 31, 2022 2.47%
Dec 31, 2021 0.95%
Sep 30, 2021 9.99%
Jun 30, 2021 15.57%