Trip.com (TCOM) EBT Margin (2009 - 2026)
Trip.com (TCOM) posted quarterly EBT Margin of 28.21% for Q1 2026, down 833.0% year-over-year from 3.85% in Q1 2025, and down 15.4% quarter-over-quarter from 33.35% in Q4 2025.
Trip.com (TCOM) EBT Margin (2009 - 2026) Analysis & Trends
Trip.com's EBT Margin history runs 18 years deep, the most recent figure standing at 28.21% for Q1 2026.
- In Q1 2026, EBT Margin fell 833.0% year-over-year to 28.21%; the TTM figure through Mar 2026 stood at 58.83% (up 2635.0% YoY), while the FY2025 annual figure was 62.17%, up 2981.0% from the prior year.
- EBT Margin for Q1 2026 stood at 28.21%, down from 33.35% in the prior quarter.
- The five-year high for EBT Margin was 125.74% in Q3 2025, with the low at 19.72% in Q1 2022.
- The 5-year median for EBT Margin is 32.52% (2023), against an average of 31.26%.
- The sharpest annual moves came in 2022 and 2025: EBT Margin plunged 6208 bps in 2022, then jumped 8185 bps in 2025.
- Trip.com's EBT Margin stood at 50.41% in 2022, then tumbled by 73 bps to 13.46% in 2023, then soared by 37 bps to 18.47% in 2024, then jumped by 81 bps to 33.35% in 2025, then declined by 15 bps to 28.21% in 2026.
- Business Quant data shows TCOM's EBT Margin at 28.21% in Q1 2026, 33.35% in Q4 2025, and 125.74% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 34.82% |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 24.86% |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 23.80% |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 17.70% |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 8.33% |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 23.80% |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | 28.21% |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 8.56% |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | 5.41% |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 1.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.21% |
| Dec 31, 2025 | 33.35% |
| Sep 30, 2025 | 125.74% |
| Jun 30, 2025 | 37.40% |
| Mar 31, 2025 | 36.54% |
| Dec 31, 2024 | 18.47% |
| Sep 30, 2024 | 43.89% |
| Jun 30, 2024 | 27.29% |
| Mar 31, 2024 | 34.95% |
| Dec 31, 2023 | 13.46% |
| Sep 30, 2023 | 32.52% |
| Jun 30, 2023 | 8.69% |
| Mar 31, 2023 | 41.76% |
| Dec 31, 2022 | 50.41% |
| Sep 30, 2022 | 6.09% |
| Jun 30, 2022 | 12.35% |
| Mar 31, 2022 | -19.72% |
| Dec 31, 2021 | -15.78% |
| Sep 30, 2021 | -18.53% |
| Jun 30, 2021 | -7.89% |