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 | 93.50 Bn | 91.55 Bn | 1.55 Bn | 14.76% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 20.35% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 23.80% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 27.14% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 8.33% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -4.98% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 9.95% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 31.43% |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 23.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.98% |
| 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% |
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();