Trip.com (TCOM) Enterprise Value (2009 - 2026)
Trip.com (TCOM) posted quarterly Enterprise Value of -$11.5 billion for Q1 2026, down 8.11% year-over-year from -$12.5 billion in Q1 2025, and down 5.88% quarter-over-quarter from -$10.8 billion in Q4 2025.
Trip.com (TCOM) Enterprise Value (2009 - 2026) Analysis & Trends
Trip.com's Enterprise Value history runs 18 years deep, the most recent figure standing at -$11.5 billion for Q1 2026.
- In Q1 2026, Enterprise Value fell 8.11% year-over-year to -$11.5 billion; the TTM figure through Mar 2026 stood at -$11.5 billion (down 8.11% YoY), while the FY2025 annual figure was -$10.0 billion, up 3.55% from the prior year.
- Enterprise Value for Q1 2026 stood at -$11.5 billion, down from -$10.8 billion in the prior quarter.
- The five-year high for Enterprise Value was -$6.0 billion in Q4 2022, with the low at -$12.3 billion in Q2 2024.
- The 5-year median for Enterprise Value is -$9.6 billion (2024), against an average of -$9.3 billion.
- The sharpest annual moves came in 2022 and 2024: Enterprise Value increased 22.64% in 2022, then sank 63.0% in 2024.
- Trip.com's Enterprise Value stood at -$6.0 billion in 2022, then slumped by 37.94% to -$8.2 billion in 2023, then decreased by 28.85% to -$10.6 billion in 2024, then slipped by 2.38% to -$10.8 billion in 2025, then fell by 5.88% to -$11.5 billion in 2026.
- Business Quant data shows TCOM's Enterprise Value at -$11.5 billion in Q1 2026, -$10.8 billion in Q4 2025, and -$11.0 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | -17.21 Bn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | -12.07 Bn |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | -697.00 Mn |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | -3.80 Bn |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | -2.23 Bn |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | -7.13 Bn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | -11.47 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | -218.10 Mn |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | -766.12 Mn |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | -472.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.47 Bn |
| Dec 31, 2025 | -10.83 Bn |
| Sep 30, 2025 | -11.00 Bn |
| Jun 30, 2025 | -10.92 Bn |
| Mar 31, 2025 | -10.61 Bn |
| Dec 31, 2024 | -10.58 Bn |
| Sep 30, 2024 | -10.51 Bn |
| Jun 30, 2024 | -12.28 Bn |
| Mar 31, 2024 | -9.62 Bn |
| Dec 31, 2023 | -8.21 Bn |
| Sep 30, 2023 | -8.44 Bn |
| Jun 30, 2023 | -7.53 Bn |
| Mar 31, 2023 | -6.88 Bn |
| Dec 31, 2022 | -5.95 Bn |
| Sep 30, 2022 | -6.86 Bn |
| Jun 30, 2022 | -8.03 Bn |
| Mar 31, 2022 | -7.95 Bn |
| Dec 31, 2021 | -7.69 Bn |
| Sep 30, 2021 | -8.77 Bn |
| Jun 30, 2021 | -9.60 Bn |