Trip.com (TCOM) Return on Capital Employed [ROCE] (2009 - 2026)
Trip.com (TCOM) posted Return on Capital Employed [ROCE] of 6.12% for Q2 2026, down 3.18 percentage points from 9.31% a year earlier and down 2.61 percentage points from the prior quarter.
Trip.com (TCOM) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Trip.com's Return on Capital Employed [ROCE] came in at 9.19%, up 0.32 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +10.29 percentage points (FY2020 to FY2025).
- In prior years, Trip.com's Return on Capital Employed [ROCE] was 8.87% in FY2024 (+0.53 pp), 8.34% in FY2023 and -1.15% in FY2021 (-0.05 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since Q2 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in five of the last eight quarters, with an average year-over-year change of -0.01 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2023, with a gain of 7.60 percentage points; the weakest was Q2 2026, with a drop of 3.18 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 8.73% (Q1 2026), 8.24% (Q4 2025) and 8.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 21.81% |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 15.83% |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 26.29% |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 11.28% |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 21.91% |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 6.12% |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | -48.39% |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 15.38% |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.12% |
| Mar 31, 2026 | 8.65% |
| Dec 31, 2025 | 8.21% |
| Sep 30, 2025 | 8.74% |
| Jun 30, 2025 | 9.31% |
| Mar 31, 2025 | 8.69% |
| Dec 31, 2024 | 8.27% |
| Sep 30, 2024 | 8.56% |
| Jun 30, 2024 | 8.88% |
| Mar 31, 2024 | 8.92% |
| Dec 31, 2023 | 7.61% |
| Sep 30, 2023 | 6.30% |
| Jun 30, 2023 | 4.15% |
| Mar 31, 2023 | 2.14% |
| Dec 31, 2022 | 0.03% |
| Sep 30, 2022 | -0.37% |
| Jun 30, 2022 | -1.14% |
| Mar 31, 2022 | -0.71% |
| Dec 31, 2021 | -1.07% |
| Sep 30, 2021 | -0.53% |
Trip.com Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=TCOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();