Trip.com (TCOM) Equity Average (2009 - 2025)
Trip.com (TCOM) recorded quarterly Equity Average of $24.0 billion in Q4 2025, up 7.46% quarter-over-quarter from $22.3 billion in Q3 2025, and up 21.05% on a YoY basis from $19.8 billion in Q4 2024.
Trip.com (TCOM) Equity Average (2009 - 2025) Analysis & Trends
Trip.com's Equity Average history runs 17 years deep, the most recent figure standing at $24.0 billion for Q4 2025.
- In Q4 2025, Equity Average rose 21.05% year-over-year to $24.0 billion; the TTM figure through Dec 2025 stood at $24.0 billion (up 21.05% YoY), while the FY2025 annual figure was $21.9 billion, up 19.32% from the prior year.
- Equity Average was $24.0 billion for Q4 2025 at Trip.com, up from $22.3 billion in the prior quarter.
- In the past five years, Equity Average ranged from a high of $24.0 billion in Q4 2025 to a low of $15.6 billion in Q1 2021.
- Historically, Equity Average has averaged $18.0 billion across 5 years, with a median of $17.2 billion in 2021.
- The sharpest annual moves came in 2022 and 2025: Equity Average declined 8.71% in 2022, then grew 21.05% in 2025.
- A 5-year view of Equity Average shows it stood at $17.2 billion in 2021, then retreated by 8.71% to $15.7 billion in 2022, then increased by 8.06% to $17.0 billion in 2023, then increased by 16.4% to $19.8 billion in 2024, then climbed by 21.05% to $24.0 billion in 2025.
- The last three Equity Average figures came in at $24.0 billion (Q4 2025), $22.3 billion (Q3 2025), and $20.4 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -7.15 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 7.92 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 10.03 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 12.67 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 2.19 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 2.32 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 1.61 Bn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | -1.00 Bn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 23.97 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.97 Bn |
| Sep 30, 2025 | 22.31 Bn |
| Jun 30, 2025 | 20.45 Bn |
| Mar 31, 2025 | 19.94 Bn |
| Dec 31, 2024 | 19.80 Bn |
| Sep 30, 2024 | 18.97 Bn |
| Jun 30, 2024 | 17.95 Bn |
| Mar 31, 2024 | 17.45 Bn |
| Dec 31, 2023 | 17.01 Bn |
| Sep 30, 2023 | 16.64 Bn |
| Jun 30, 2023 | 16.67 Bn |
| Mar 31, 2023 | 16.46 Bn |
| Dec 31, 2022 | 15.74 Bn |
| Sep 30, 2022 | 16.03 Bn |
| Jun 30, 2022 | 16.88 Bn |
| Mar 31, 2022 | 17.29 Bn |
| Dec 31, 2021 | 17.25 Bn |
| Sep 30, 2021 | 17.23 Bn |
| Jun 30, 2021 | 16.54 Bn |
| Mar 31, 2021 | 15.58 Bn |