Trip.com (TCOM) Enterprise Value (2009 - 2026)

Trip.com's (TCOM) quarterly Enterprise Value came in at -$11.5 billion in Q1 2026, down 8.11% year-on-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.

  • On a quarterly basis, Enterprise Value fell 8.11% year-over-year to -$11.5 billion in Q1 2026; TTM through Mar 2026 was -$11.5 billion, a 8.11% decrease from a year earlier, with the FY2025 full-year figure at -$5.3 billion, up 49.22% from the prior year.
  • Enterprise Value fell to -$11.5 billion in Q1 2026 per TCOM's latest filing, from -$10.8 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at -$2.8 billion in Q4 2023 and bottomed at -$11.5 billion in Q1 2026.
  • The 5-year median for Enterprise Value is -$8.0 billion (2022), against an average of -$8.2 billion.
  • Across the five-year window, Enterprise Value increased 26.69% in 2023 and tumbled 156.0% in 2025, its largest moves.
  • Year by year, Enterprise Value stood at -$3.8 billion in 2022, then rose by 26.69% to -$2.8 billion in 2023, then sank by 52.98% to -$4.2 billion in 2024, then tumbled by 156.0% to -$10.8 billion in 2025, then retreated by 5.88% to -$11.5 billion in 2026.
  • Per Business Quant, the three latest TCOM Enterprise Value figures stand at -$11.5 billion (Q1 2026), -$10.8 billion (Q4 2025), and -$11.0 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn -16.02 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn -517.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -12.01 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 5.93 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -3.80 Bn
6 Carnival 34.61 Bn 32.38 Bn - -2.23 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn -2.50 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn -185.05 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -415.51 Mn
10 Trip.com 498.70 Mn -10.97 Bn 1.86 Bn -11.47 Bn

Historic Data

Download Data
DateValue
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 -4.23 Bn
Sep 30, 2024 -10.51 Bn
Jun 30, 2024 -7.32 Bn
Mar 31, 2024 -9.71 Bn
Dec 31, 2023 -2.77 Bn
Sep 30, 2023 -8.44 Bn
Jun 30, 2023 -7.53 Bn
Mar 31, 2023 -6.88 Bn
Dec 31, 2022 -3.77 Bn
Sep 30, 2022 -6.86 Bn
Jun 30, 2022 -7.90 Bn
Mar 31, 2022 -7.95 Bn
Dec 31, 2021 -4.82 Bn
Sep 30, 2021 -8.77 Bn
Jun 30, 2021 -9.61 Bn