Trip.com (TCOM) EV to EBITDA (2015 - 2026)
Trip.com's (TCOM) EV to EBITDA came in at 8.64 for Q1 2026, down 40.6% from 14.54 a year earlier and down 43.9% from the prior quarter.
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Analysis
Trip.com (TCOM) EV to EBITDA (2015 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, EV to EBITDA at Trip.com was -5.27; for FY2025, it came in at 15.15, down 7.5% from FY2024.
- In prior years, Trip.com's EV to EBITDA was 16.39 in FY2024 (+90.4%), 8.61 in FY2023 (-91.4%) and 99.78 in FY2022.
- The Q1 2026 figure stands as the lowest quarterly EV to EBITDA since Q2 2020.
- On a year-over-year basis, EV to EBITDA increased in five of the last eight quarters, with growth averaging 15.8%.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q4 2024, with growth of 84.9%; the weakest was Q3 2023, with a decline of 93.1%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 15.40 (Q4 2025), 16.70 (Q3 2025) and 12.34 (Q2 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 |
|---|---|
| Mar 31, 2026 | 8.68 |
| Dec 31, 2025 | 15.78 |
| Sep 30, 2025 | 16.74 |
| Jun 30, 2025 | 12.44 |
| Mar 31, 2025 | 14.66 |
| Dec 31, 2024 | 16.45 |
| Sep 30, 2024 | 13.20 |
| Jun 30, 2024 | 9.36 |
| Mar 31, 2024 | 10.28 |
| Dec 31, 2023 | 8.71 |
| Sep 30, 2023 | 10.33 |
| Jun 30, 2023 | 15.63 |
| Mar 31, 2023 | 32.80 |
| Dec 31, 2022 | 115.79 |
| Sep 30, 2022 | 153.82 |
| Sep 30, 2021 | 176.19 |
| Dec 31, 2015 | 160.79 |
| Sep 30, 2015 | 213.32 |
API Access
Trip.com EV to EBITDA 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=ev-to-ebitda&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();