Trip.com (TCOM) Minority Interest (2009 - 2026)
Trip.com's Minority Interest was $238 million in Q2 2026, up 63.0% from $146 million a year earlier and up 3.5% from the prior quarter.
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Analysis
Trip.com (TCOM) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Minority Interest at Trip.com came in at $236 million, up 84.4% from FY2024.
- Minority Interest has now increased for three consecutive years, with a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- In earlier years, Minority Interest was $128 million in FY2024 (+10.3%), $116 million in FY2023 (+8.4%), $107 million in FY2022 (-12.3%) and $122 million in FY2021 (-34.4%).
- Quarterly Minority Interest has moved between $100 million (Q3 2022) and $246 million (Q3 2025) over five years.
- Compared with a year earlier, Minority Interest has increased for 12 straight quarters, with growth averaging 45.7% over the last eight quarters.
- The best year-over-year quarter for Minority Interest over five years was Q4 2025 (growth of 79.4%); the worst was Q3 2021 (a decline of 38.1%).
- Per Business Quant data, TCOM's Minority Interest in the three quarters before Q2 2026 was $230 million (Q1 2026), $232.78 million (Q4 2025) and $246 million (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 238.00 Mn |
| Mar 31, 2026 | 230.00 Mn |
| Dec 31, 2025 | 232.78 Mn |
| Sep 30, 2025 | 246.00 Mn |
| Jun 30, 2025 | 146.00 Mn |
| Mar 31, 2025 | 138.00 Mn |
| Dec 31, 2024 | 129.75 Mn |
| Sep 30, 2024 | 140.00 Mn |
| Jun 30, 2024 | 123.00 Mn |
| Mar 31, 2024 | 116.00 Mn |
| Dec 31, 2023 | 114.17 Mn |
| Sep 30, 2023 | 108.00 Mn |
| Jun 30, 2023 | 104.00 Mn |
| Mar 31, 2023 | 107.00 Mn |
| Dec 31, 2022 | 103.48 Mn |
| Sep 30, 2022 | 100.00 Mn |
| Jun 30, 2022 | 110.00 Mn |
| Mar 31, 2022 | 120.00 Mn |
| Dec 31, 2021 | 121.84 Mn |
| Sep 30, 2021 | 143.00 Mn |
API Access
Trip.com Minority Interest 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=minority-interest&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();