Trip.com (TCOM) Enterprise Value (2009 - 2026)
Trip.com (TCOM) reported Enterprise Value of $14.44 billion for Q2 2026, down 47.1% from $27.28 billion a year earlier and down 30.7% from the prior quarter.
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Analysis
Trip.com (TCOM) Enterprise Value (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trip.com's Enterprise Value came in at -$19.67 billion; for FY2025, it came in at $36.67 billion, up 6.5% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of 21.5% (FY2020 to FY2025).
- By year, Enterprise Value came in at $34.45 billion in FY2024 (+130.4%), $14.95 billion in FY2023 (-7.5%), $16.16 billion in FY2022 (+95.7%) and $8.26 billion in FY2021 (-40.3%).
- The Q2 2026 figure ranks as the lowest quarterly Enterprise Value since Q3 2023.
- Year over year, Enterprise Value gained in six of the last eight quarters, with growth averaging 37.5%.
- The high point for year-over-year Enterprise Value in five years was Q1 2023 (growth of 153.6%); the low point was Q1 2022 (a decline of 56.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $20.83 billion (Q1 2026), $35.88 billion (Q4 2025) and $38.07 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.41 Bn |
| Mar 31, 2026 | 20.85 Bn |
| Dec 31, 2025 | 36.68 Bn |
| Sep 30, 2025 | 38.07 Bn |
| Jun 30, 2025 | 27.28 Bn |
| Mar 31, 2025 | 30.92 Bn |
| Dec 31, 2024 | 34.44 Bn |
| Sep 30, 2024 | 27.53 Bn |
| Jun 30, 2024 | 18.04 Bn |
| Mar 31, 2024 | 19.02 Bn |
| Dec 31, 2023 | 14.96 Bn |
| Sep 30, 2023 | 14.23 Bn |
| Jun 30, 2023 | 15.08 Bn |
| Mar 31, 2023 | 17.46 Bn |
| Dec 31, 2022 | 16.22 Bn |
| Sep 30, 2022 | 10.93 Bn |
| Jun 30, 2022 | 9.70 Bn |
| Mar 31, 2022 | 6.87 Bn |
| Dec 31, 2021 | 8.16 Bn |
| Sep 30, 2021 | 9.67 Bn |
API Access
Trip.com Enterprise Value 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=enterprise-value&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();