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

Trip.com's (TCOM) quarterly EBT Margin came in at 28.21% in Q1 2026, down 833.0% year-on-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.

  • On a quarterly basis, EBT Margin fell 833.0% year-over-year to 28.21% in Q1 2026; TTM through Mar 2026 was 58.83%, a 2635.0% increase from a year earlier, with the FY2025 full-year figure at 62.17%, up 2981.0% from the prior year.
  • EBT Margin retreated to 28.21% in Q1 2026 per TCOM's latest filing, from 33.35% in the prior quarter.
  • Across five years, EBT Margin topped out at 125.74% in Q3 2025 and bottomed at 19.72% in Q1 2022.
  • The 5-year median for EBT Margin is 32.52% (2023), against an average of 31.26%.
  • Across the five-year window, EBT Margin sank 6208 bps in 2022 and jumped 8185 bps in 2025, its largest moves.
  • Year by year, EBT Margin stood at 50.41% in 2022, then slumped by 73 bps to 13.46% in 2023, then jumped by 37 bps to 18.47% in 2024, then surged by 81 bps to 33.35% in 2025, then fell by 15 bps to 28.21% in 2026.
  • Per Business Quant, the three latest TCOM EBT Margin figures stand at 28.21% (Q1 2026), 33.35% (Q4 2025), and 125.74% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 25.29%
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 21.92%
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 10.49%
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -9.64%
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 17.70%
6 Carnival 34.61 Bn 32.38 Bn - 8.33%
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.73%
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 4.62%
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 12.11%
10 Trip.com 498.70 Mn -10.97 Bn 1.86 Bn 28.21%

Historic Data

Download Data
DateValue
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%