Growth Metrics

Trip.com (TCOM) Net Margin (2016 - 2025)

Trip.com has reported Net Margin over the past 17 years, most recently at 16.46% for Q4 2025.

  • For Q4 2025, Net Margin fell 483.0% year-over-year to 16.46%; the TTM value through Dec 2025 reached 31.33%, down 93.0%, while the annual FY2025 figure was 48.85%, 2359.0% up from the prior year.
  • Net Margin for Q4 2025 was 16.46% at Trip.com, down from 43.72% in the prior quarter.
  • Over five years, Net Margin peaked at 43.72% in Q3 2025 and troughed at 20.86% in Q1 2021.
  • A 5-year average of 20.08% and a median of 25.54% in 2024 define the central range for Net Margin.
  • On a YoY basis, Net Margin climbed as much as 14267bps in 2021 and fell as far as -1367bps in 2021.
  • Year by year, Net Margin stood at 5.74% in 2021, then surged by 138bps to 13.63% in 2022, then skyrocketed by 145bps to 33.38% in 2023, then tumbled by -36bps to 21.28% in 2024, then dropped by -23bps to 16.46% in 2025.
  • Business Quant data shows Net Margin for TCOM at 16.46% in Q4 2025, 43.72% in Q3 2025, and 33.16% in Q2 2025.