Trip.com (TCOM) Non-Current Debt (2012 - 2025)
Trip.com (TCOM) recorded quarterly Non-Current Debt of $1.6 billion in Q4 2025, up 3.97% quarter-over-quarter from $1.6 billion in Q3 2025, and down 42.51% on a YoY basis from $2.8 billion in Q4 2024.
Trip.com (TCOM) Non-Current Debt (2012 - 2025) Analysis & Trends
Trip.com's Non-Current Debt history runs 14 years deep, the most recent figure standing at $1.6 billion for Q4 2025.
- In Q4 2025, Non-Current Debt fell 42.51% year-over-year to $1.6 billion; the TTM figure through Dec 2025 stood at $1.6 billion (down 42.51% YoY), while the FY2025 annual figure was $1.6 billion, down 40.75% from the prior year.
- Non-Current Debt was $1.6 billion for Q4 2025 at Trip.com, up from $1.6 billion in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $3.6 billion in Q1 2021 to a low of $1.2 billion in Q1 2024.
- Historically, Non-Current Debt has averaged $2.4 billion across 5 years, with a median of $2.6 billion in 2023.
- The sharpest annual moves came in 2021 and 2025: Non-Current Debt plunged 59.92% in 2021, then surged 125.19% in 2025.
- A 5-year view of Non-Current Debt shows it stood at $1.7 billion in 2021, then increased by 6.78% to $1.9 billion in 2022, then jumped by 43.17% to $2.7 billion in 2023, then advanced by 5.67% to $2.8 billion in 2024, then slumped by 42.51% to $1.6 billion in 2025.
- The last three Non-Current Debt figures came in at $1.6 billion (Q4 2025), $1.6 billion (Q3 2025), and $1.5 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 15.40 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 2.48 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 19.67 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 23.79 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 4.47 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 13.98 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 1.46 Bn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 1.61 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.61 Bn |
| Dec 31, 2025 | 1.61 Bn |
| Sep 30, 2025 | 1.55 Bn |
| Sep 30, 2025 | 1.55 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 2.80 Bn |
| Dec 31, 2024 | 2.80 Bn |
| Sep 30, 2024 | 2.73 Bn |
| Sep 30, 2024 | 2.73 Bn |
| Jun 30, 2024 | 2.76 Bn |
| Jun 30, 2024 | 2.76 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 2.65 Bn |
| Dec 31, 2023 | 2.65 Bn |
| Sep 30, 2023 | 2.70 Bn |
| Sep 30, 2023 | 2.70 Bn |