Trip.com (TCOM) Market Capitalization (2009 - 2026)
Trip.com (TCOM) recorded Market Capitalization of $25.88 billion in Q2 2026, down 32.4% from $38.31 billion a year earlier and down 20.0% from the prior quarter.
Trip.com (TCOM) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Trip.com reported Market Capitalization of $46.71 billion, up 4.1% from FY2024.
- Annual Market Capitalization has increased for four straight years, with a five-year compound annual growth rate of 18.2% (FY2020 to FY2025).
- Across earlier years, Market Capitalization came in at $44.85 billion in FY2024 (+93.4%), $23.19 billion in FY2023 (+4.4%), $22.22 billion in FY2022 (+40.8%) and $15.79 billion in FY2021 (-21.9%).
- The Q2 2026 figure is the lowest quarterly Market Capitalization since Q4 2023.
- On a year-over-year basis, Market Capitalization rose in six of the last eight quarters, with growth averaging 26.8%.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 93.4% in Q4 2024, against a decline of 37.6% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $32.34 billion (Q1 2026), $46.71 billion (Q4 2025) and $49.13 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.88 Bn |
| Mar 31, 2026 | 32.34 Bn |
| Dec 31, 2025 | 46.71 Bn |
| Sep 30, 2025 | 49.13 Bn |
| Jun 30, 2025 | 38.31 Bn |
| Mar 31, 2025 | 41.53 Bn |
| Dec 31, 2024 | 44.85 Bn |
| Sep 30, 2024 | 38.28 Bn |
| Jun 30, 2024 | 30.27 Bn |
| Mar 31, 2024 | 28.27 Bn |
| Dec 31, 2023 | 23.19 Bn |
| Sep 30, 2023 | 22.59 Bn |
| Jun 30, 2023 | 22.61 Bn |
| Mar 31, 2023 | 24.34 Bn |
| Dec 31, 2022 | 22.22 Bn |
| Sep 30, 2022 | 17.51 Bn |
| Jun 30, 2022 | 17.60 Bn |
| Mar 31, 2022 | 14.83 Bn |
| Dec 31, 2021 | 15.79 Bn |
| Sep 30, 2021 | 18.44 Bn |
Trip.com Market Capitalization 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=market-capitalization&ticker=TCOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();