Trip.com (TCOM) Invested Capital (2009 - 2026)
Trip.com (TCOM) posted Invested Capital of $27.57 billion for Q2 2026, up 5.1% from $26.22 billion a year earlier but down 3.7% from the prior quarter.
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Analysis
Trip.com (TCOM) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Trip.com's Invested Capital came in at $29.06 billion, up 16.4% from FY2024.
- Annual Invested Capital has increased for three consecutive years, with a five-year compound annual growth rate of 3.7% (FY2020 to FY2025).
- In prior years, Trip.com's Invested Capital was $24.98 billion in FY2024 (+5.6%), $23.66 billion in FY2023 (+2.7%), $23.03 billion in FY2022 (-9.1%) and $25.33 billion in FY2021 (+4.6%).
- Quarterly Invested Capital has run from a low of $22.81 billion in Q3 2022 to a high of $29.05 billion in Q4 2025 over five years.
- On a year-over-year basis, Invested Capital has increased in each of the last four quarters, with growth averaging 7.7% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q4 2025, with growth of 16.3%; the weakest was Q3 2022, with a decline of 12.7%.
- According to Business Quant data, Invested Capital for the three prior quarters was $28.62 billion (Q1 2026), $29.05 billion (Q4 2025) and $28.27 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.97 Bn | 107.24 Bn | 1.54 Bn | 11.76 Bn |
| 2 | Royal Caribbean Cruises | 86.47 Bn | 83.61 Bn | 2.88 Bn | 34.27 Bn |
| 3 | Hilton Worldwide Holdings | 83.23 Bn | 80.00 Bn | 3.05 Bn | 6.76 Bn |
| 4 | Viking Holdings | 39.87 Bn | 25.00 Bn | 996.62 Mn | 7.60 Bn |
| 5 | Carnival | 39.30 Bn | 32.51 Bn | 3.81 Bn | 38.12 Bn |
| 6 | Intercontinental Hotels | 29.61 Bn | 25.58 Bn | - | -4.02 Bn |
| 7 | Trip.com | 28.31 Bn | -16.49 Bn | 1.84 Bn | 27.57 Bn |
| 8 | Hyatt Hotels | 17.65 Bn | 15.38 Bn | 384.00 Mn | 7.93 Bn |
| 9 | H World | 15.48 Bn | 6.90 Bn | 456.00 Mn | 2.72 Bn |
| 10 | U-Haul Holding | 10.73 Bn | 6.38 Bn | 1.75 Bn | 15.95 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.57 Bn |
| Mar 31, 2026 | 28.62 Bn |
| Dec 31, 2025 | 29.05 Bn |
| Sep 30, 2025 | 28.27 Bn |
| Jun 30, 2025 | 26.22 Bn |
| Mar 31, 2025 | 25.96 Bn |
| Dec 31, 2024 | 24.98 Bn |
| Sep 30, 2024 | 26.38 Bn |
| Jun 30, 2024 | 26.28 Bn |
| Mar 31, 2024 | 24.37 Bn |
| Dec 31, 2023 | 23.63 Bn |
| Sep 30, 2023 | 23.86 Bn |
| Jun 30, 2023 | 23.51 Bn |
| Mar 31, 2023 | 24.69 Bn |
| Dec 31, 2022 | 22.82 Bn |
| Sep 30, 2022 | 22.81 Bn |
| Jun 30, 2022 | 24.47 Bn |
| Mar 31, 2022 | 25.37 Bn |
| Dec 31, 2021 | 25.33 Bn |
| Sep 30, 2021 | 26.13 Bn |
API Access
Trip.com Invested Capital 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=invested-capital&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();