Trip.com (TCOM) EBT Margin (2009 - 2026)
Trip.com's EBT Margin came in at -4.98% for Q2 2026, down 37.50 percentage points from 32.51% a year earlier and down 34.81 percentage points from the prior quarter.
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Analysis
Trip.com (TCOM) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Trip.com reported EBT Margin of 20.84%, down 10.13 percentage points year-over-year; for FY2025, it was 62.17%, up 30.30 percentage points from FY2024.
- EBT Margin has increased in each of the last five years, with a five-year change of +68.86 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 31.86% in FY2024 (+7.90 pp), 23.96% in FY2023 (+10.73 pp), 13.23% in FY2022 (+15.59 pp) and -2.35% in FY2021 (+4.34 pp).
- The Q2 2026 figure represents the lowest quarterly EBT Margin since Q1 2021.
- Year-over-year, EBT Margin has declined for seven consecutive quarters, with an average year-over-year change of -52.65 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2023 (a gain of 395.38 percentage points), and the weakest in Q4 2024 (a drop of 377.67 percentage points).
- Business Quant data shows TCOM's EBT Margin at 29.83% (Q1 2026), 22.20% (Q4 2025) and 34.57% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 14.76% |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 20.35% |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 23.80% |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 27.14% |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 22.99% |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | -14.17% |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 9.95% |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 31.43% |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 8.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.17% |
| 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 | 196.00% |
| Sep 30, 2023 | 32.52% |
| Jun 30, 2023 | 8.69% |
| Mar 31, 2023 | 3.13% |
| Dec 31, 2022 | 48.85% |
| 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% |
API Access
Trip.com EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "TCOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();