Trip.com (TCOM) Invested Capital (2012 - 2026)
Trip.com (TCOM) posted Invested Capital of $27.47 billion for Q2 2026, up 4.8% from $26.22 billion a year earlier but down 4.0% from the prior quarter.
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Analysis
Trip.com (TCOM) Invested Capital (2012 - 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 (-8.0%) and $25.02 billion in FY2021 (+3.4%).
- Quarterly Invested Capital has run from a low of $22.34 billion in Q4 2022 to a high of $28.65 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 7.3% 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 12.9%; the weakest was Q4 2022, with a decline of 11.5%.
- According to Business Quant data, Invested Capital for the three prior quarters was $28.62 billion (Q1 2026), $28.65 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 | 92.75 Bn | 90.79 Bn | 1.55 Bn | 12.39 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 7.04 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 33.30 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 7.60 Bn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 38.12 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | -5.07 Bn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 27.47 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 7.91 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 2.71 Bn |
| 10 | Atour Lifestyle Holdings | 8.17 Bn | 4.86 Bn | 493.22 Mn | 528.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.47 Bn |
| Mar 31, 2026 | 28.62 Bn |
| Dec 31, 2025 | 28.65 Bn |
| Sep 30, 2025 | 28.27 Bn |
| Jun 30, 2025 | 26.22 Bn |
| Mar 31, 2025 | 25.96 Bn |
| Dec 31, 2024 | 25.38 Bn |
| Sep 30, 2024 | 26.38 Bn |
| Jun 30, 2024 | 26.28 Bn |
| Mar 31, 2024 | 24.60 Bn |
| Dec 31, 2023 | 23.33 Bn |
| Sep 30, 2023 | 24.07 Bn |
| Jun 30, 2023 | 23.51 Bn |
| Mar 31, 2023 | 24.79 Bn |
| Dec 31, 2022 | 22.34 Bn |
| Sep 30, 2022 | 23.72 Bn |
| Jun 30, 2022 | 24.47 Bn |
| Mar 31, 2022 | 25.34 Bn |
| Dec 31, 2021 | 25.25 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();