Trip.com (TCOM) Land & Improvements (2009 - 2025)
Trip.com's Land & Improvements came in at $1.91 billion for Q2 2026, up 5.4% from $1.81 billion a year earlier and up 1.4% from the prior quarter.
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Analysis
Trip.com (TCOM) Land & Improvements (2009 - 2025) Analysis & Trends
At the end of FY2025, Trip.com's Land & Improvements was $22 million, up 100.0% from FY2024.
- Land & Improvements carries a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- Going back by year, Land & Improvements was $11 million in FY2024 (unchanged), $11 million in FY2023 (-8.3%), $12 million in FY2022 (-7.7%) and $13 million in FY2021 (-7.1%).
- The Q2 2026 figure represents the highest quarterly Land & Improvements since Q2 2022.
- Year-over-year, Land & Improvements increased in five of the last seven quarters, with growth averaging 2.9%.
- The fastest year-over-year change in Land & Improvements over five years came in Q1 2026 (growth of 6.6%), and the weakest in Q4 2022 (a decline of 13.2%).
- Business Quant data shows TCOM's Land & Improvements at $1.88 billion (Q1 2026), $1.83 billion (Q4 2025) and $1.84 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.47 Bn | 101.52 Bn | 1.55 Bn | - |
| 2 | Hilton Worldwide Holdings | 80.78 Bn | 77.26 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 76.57 Bn | 74.15 Bn | 2.29 Bn | - |
| 4 | Viking Holdings | 38.33 Bn | 23.45 Bn | 996.62 Mn | - |
| 5 | Carnival | 36.41 Bn | 29.62 Bn | - | - |
| 6 | Intercontinental Hotels | 27.66 Bn | 23.63 Bn | - | - |
| 7 | Trip.com | 25.70 Bn | -19.06 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 16.69 Bn | 14.17 Bn | 388.00 Mn | - |
| 9 | H World | 14.22 Bn | 5.66 Bn | 453.94 Mn | - |
| 10 | Norwegian Cruise Line Holdings | 7.13 Bn | 6.35 Bn | 1.05 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 21.58 Mn |
| Dec 31, 2024 | 10.55 Mn |
| Mar 31, 2024 | 10.93 Mn |
| Dec 31, 2023 | 11.26 Mn |
| Dec 31, 2022 | 11.92 Mn |
| Dec 31, 2021 | 13.50 Mn |
| Dec 31, 2020 | 13.49 Mn |
| Dec 31, 2019 | 13.03 Mn |
| Sep 30, 2019 | 13.00 Mn |
| Jun 30, 2019 | 13.00 Mn |
| Mar 31, 2019 | 14.00 Mn |
| Dec 31, 2018 | 13.67 Mn |
| Sep 30, 2018 | 14.00 Mn |
| Jun 30, 2018 | 14.00 Mn |
| Mar 31, 2018 | 15.00 Mn |
| Dec 31, 2017 | 14.85 Mn |
| Sep 30, 2017 | 14.65 Mn |
| Jun 30, 2017 | 14.48 Mn |
| Mar 31, 2017 | 14.36 Mn |
| Dec 31, 2016 | 14.33 Mn |
API Access
Trip.com Land & Improvements 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=land-and-improvements&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "land-and-improvements", "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=land-and-improvements&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();