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

Trip.com's EBITDA Margin history runs 18 years deep, the most recent figure standing at 29.83% for 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 29.99%, a 141.0% decrease from a year earlier, with the FY2025 full-year figure at 30.24%, down 177.0% from the prior year.
• EBITDA Margin advanced to 29.83% in Q1 2026 per TCOM's latest filing, from 22.2% in the prior quarter.
• Across five years, EBITDA Margin topped out at 35.67% in Q3 2024 and bottomed at 2.47% in Q1 2022.
• The 5-year median for EBITDA Margin is 30.57% (2023), against an average of 25.88%.
• Across the five-year window, EBITDA Margin sank 672 bps in 2022 and jumped 2811 bps in 2023, its largest moves.
• Year by year, EBITDA Margin stood at 5.62% in 2022, then soared by 390 bps to 27.54% in 2023, then fell by 15 bps to 23.33% in 2024, then retreated by 5 bps to 22.2% in 2025, then surged by 34 bps to 29.83% in 2026.
• Per Business Quant, the three latest TCOM EBITDA Margin figures stand at 29.83% (Q1 2026), 22.2% (Q4 2025), and 34.57% (Q3 2025).