Trip.com (TCOM) Return on Capital Employed (2009 - 2026)

Trip.com's (TCOM) quarterly Return on Capital Employed came in at 8.69% in Q1 2026, up 15.0% year-on-year from 7.55% in Q1 2025, and up 5.93% quarter-over-quarter from 8.2% in Q4 2025.

Trip.com (TCOM) Return on Capital Employed (2009 - 2026) Analysis & Trends

Trip.com's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 8.69% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed rose 15.0% year-over-year to 8.69% in Q1 2026; TTM through Mar 2026 was 8.69%, a 15.0% increase from a year earlier, with the FY2025 full-year figure at 9.19%, up 32.0% from the prior year.
  • Return on Capital Employed grew to 8.69% in Q1 2026 per TCOM's latest filing, from 8.2% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 9.21% in Q2 2025 and bottomed at 1.15% in Q2 2022.
  • The 5-year median for Return on Capital Employed is 8.2% (2025), against an average of 5.61%.
  • Across the five-year window, Return on Capital Employed slumped 135 bps in 2022 and jumped 687 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 0.04% in 2022, then surged by 16132 bps to 6.82% in 2023, then advanced by 20 bps to 8.2% in 2024, then fell by 0 bps to 8.2% in 2025, then grew by 6 bps to 8.69% in 2026.
  • Per Business Quant, the three latest TCOM Return on Capital Employed figures stand at 8.69% (Q1 2026), 8.2% (Q4 2025), and 8.69% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 104.07%
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 16.68%
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 31.79%
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -1.24%
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 54.76%
6 Carnival 34.61 Bn 32.38 Bn - 11.61%
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 35.97%
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 9.40%
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 10.65%
10 Trip.com 498.70 Mn -10.97 Bn 1.86 Bn 8.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.69%
Dec 31, 2025 8.20%
Sep 30, 2025 8.69%
Jun 30, 2025 9.21%
Mar 31, 2025 8.53%
Dec 31, 2024 8.20%
Sep 30, 2024 8.53%
Jun 30, 2024 8.93%
Mar 31, 2024 9.06%
Dec 31, 2023 6.82%
Sep 30, 2023 6.31%
Jun 30, 2023 4.17%
Mar 31, 2023 2.20%
Dec 31, 2022 0.04%
Sep 30, 2022 -0.35%
Jun 30, 2022 -1.15%
Mar 31, 2022 -0.72%
Dec 31, 2021 -0.88%
Sep 30, 2021 -0.54%
Jun 30, 2021 0.20%