Trip.com (TCOM) EBT Margin (2009 - 2026)
Trip.com (TCOM) posted EBT Margin of 28.4% for Q1 2026, up 31.41% on a QoQ basis from 21.61% in Q4 2025, and down 401.0% year-over-year from 9.44% in Q1 2025.
Analysis
Trip.com (TCOM) EBT Margin (2009 - 2026) Analysis & Trends
Trip.com has reported EBT Margin for 18 years, with the latest figure at 28.4% in Q1 2026.
- On a quarterly basis, EBT Margin fell 401.0% year-over-year to 28.4% in Q1 2026; TTM through Mar 2026 was 29.72%, a 347.0% decrease from a year earlier, with the FY2025 full-year figure at 62.17%, up 3030.0% from the prior year.
- EBT Margin was 28.4% for Q1 2026 at Trip.com, up from 21.61% in the prior quarter.
- The five-year high for EBT Margin was 463.0% in Q4 2023, with the low at 12.88% in Q4 2022.
- Average EBT Margin over 5 years is 54.59%, with a median of 33.49% recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: EBT Margin jumped 45012 bps in 2023, then sank 43841 bps in 2024.
- Over 5 years, EBT Margin stood at 12.88% in 2022, then surged by 3496 bps to 463.0% in 2023, then plunged by 95 bps to 24.59% in 2024, then dropped by 12 bps to 21.61% in 2025, then jumped by 31 bps to 28.4% in 2026.
- The last three EBT Margin figures came in at 28.4% (Q1 2026), 21.61% (Q4 2025), and 34.83% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trip.com | 26.65 Bn | 15.19 Bn | 1.86 Bn | 28.40% |
| 2 | Yatra Online | 6.38 Bn | 6.42 Bn | 12.97 Mn | 2.45% |
| 3 | Global Business Travel | 4.95 Bn | 4.48 Bn | 514.00 Mn | 1.72% |
| 4 | Ambitions Enterprise Management Co. L.L.C | 36.55 Mn | 33.39 Mn | - | - |
| 5 | JX Luxventure | 5.82 Mn | 5.11 Mn | - | - |
| 6 | Maitong Sunshine Cultural Development | 1.92 Mn | 1.91 Mn | - | - |
| 7 | Wetour Robotics | 560,999.99 | 377,549.02 | - | - |
| 8 | Tuniu | 5.03 | -154.31 Mn | 11.27 Mn | 0.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 28.40% |
| Dec 31, 2025 | 21.61% |
| Sep 30, 2025 | 34.83% |
| Jun 30, 2025 | 33.49% |
| Mar 31, 2025 | 32.41% |
| Dec 31, 2024 | 24.59% |
| Sep 30, 2024 | 37.70% |
| Jun 30, 2024 | 36.78% |
| Mar 31, 2024 | 37.32% |
| Dec 31, 2023 | 463.00% |
| Sep 30, 2023 | 36.53% |
| Jun 30, 2023 | 35.97% |
| Mar 31, 2023 | 34.53% |
| Dec 31, 2022 | 12.88% |
| Sep 30, 2022 | 25.68% |
| Jun 30, 2022 | 18.43% |
| Mar 31, 2022 | 13.91% |
| Dec 31, 2021 | 8.71% |
| Sep 30, 2021 | 11.67% |
| Jun 30, 2021 | 20.63% |