Trip.com (TCOM) Operating Leases (2019 - 2026)
Trip.com's Operating Leases was $84 million in Q2 2026, up 10.5% from $76 million a year earlier and up 6.3% from the prior quarter.
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Analysis
Trip.com (TCOM) Operating Leases (2019 - 2026) Analysis & Trends
From Q1 2019 onward, Trip.com has reported Operating Leases for 30 quarters.
- Operating Leases shows a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- In earlier years, Operating Leases was $77 million in FY2024 (+14.9%), $67 million in FY2023 (-13.0%), $77 million in FY2022 (+22.2%) and $63 million in FY2021 (-33.7%).
- The Q2 2026 figure marks the highest quarterly Operating Leases since Q2 2022.
- Compared with a year earlier, Operating Leases has increased for nine straight quarters, with growth averaging 9.8% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q1 2023 (growth of 25.9%); the worst was Q1 2022 (a decline of 48.2%).
- Per Business Quant data, TCOM's Operating Leases in the three quarters before Q2 2026 was $79 million (Q1 2026), $82.48 million (Q4 2025) and $79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.00 Mn |
| Mar 31, 2026 | 79.00 Mn |
| Dec 31, 2025 | 83.62 Mn |
| Sep 30, 2025 | 79.00 Mn |
| Jun 30, 2025 | 76.00 Mn |
| Mar 31, 2025 | 72.00 Mn |
| Dec 31, 2024 | 76.87 Mn |
| Sep 30, 2024 | 77.00 Mn |
| Jun 30, 2024 | 75.00 Mn |
| Mar 31, 2024 | 65.00 Mn |
| Dec 31, 2023 | 67.12 Mn |
| Sep 30, 2023 | 64.00 Mn |
| Jun 30, 2023 | 67.00 Mn |
| Mar 31, 2023 | 73.00 Mn |
| Dec 31, 2022 | 76.69 Mn |
| Sep 30, 2022 | 78.00 Mn |
| Jun 30, 2022 | 88.00 Mn |
| Mar 31, 2022 | 58.00 Mn |
| Dec 31, 2021 | 62.77 Mn |
| Sep 30, 2021 | 66.00 Mn |
API Access
Trip.com Operating Leases 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=operating-leases&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();