Trip.com (TCOM) Tax Rate (2009 - 2026)
Trip.com's (TCOM) quarterly Tax Rate came in at 19.46% in Q1 2026, down 685.0% year-on-year from 3.33% in Q1 2025, and down 20.34% quarter-over-quarter from 16.17% in Q4 2025.
Trip.com (TCOM) Tax Rate (2009 - 2026) Analysis & Trends
Trip.com's Tax Rate history runs 18 years deep, the most recent figure standing at 19.46% for Q1 2026.
- On a quarterly basis, Tax Rate fell 685.0% year-over-year to 19.46% in Q1 2026; TTM through Mar 2026 was 15.81%, a 147.0% decrease from a year earlier, with the FY2025 full-year figure at 14.97%, down 11.0% from the prior year.
- Tax Rate fell to 19.46% in Q1 2026 per TCOM's latest filing, from 16.17% in the prior quarter.
- Across five years, Tax Rate topped out at 8.9% in Q1 2023 and bottomed at 66.1% in Q3 2022.
- The 5-year median for Tax Rate is 17.04% (2025), against an average of 22.8%.
- Across the five-year window, Tax Rate plunged 7584 bps in 2022 and jumped 5615 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 9.78% in 2022, then slumped by 192 bps to 28.57% in 2023, then grew by 22 bps to 22.29% in 2024, then climbed by 27 bps to 16.17% in 2025, then fell by 20 bps to 19.46% in 2026.
- Per Business Quant, the three latest TCOM Tax Rate figures stand at 19.46% (Q1 2026), 16.17% (Q4 2025), and 14.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 22.59% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 2.66% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 43.06% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -14.69% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -1.63% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 3.06% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 148.00% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 2.78% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -19.68% |
| 10 | Trip.com | 498.70 Mn | -10.97 Bn | 1.86 Bn | -19.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.46% |
| Mar 31, 2026 | -19.46% |
| Mar 31, 2026 | -19.46% |
| Dec 31, 2025 | -16.17% |
| Dec 31, 2025 | -16.17% |
| Dec 31, 2025 | -16.17% |
| Sep 30, 2025 | -14.49% |
| Sep 30, 2025 | -14.49% |
| Sep 30, 2025 | -14.49% |
| Jun 30, 2025 | -17.91% |
| Jun 30, 2025 | -17.91% |
| Jun 30, 2025 | -17.91% |
| Mar 31, 2025 | -12.61% |
| Mar 31, 2025 | -12.61% |
| Mar 31, 2025 | -12.61% |
| Dec 31, 2024 | -22.29% |
| Dec 31, 2024 | -22.29% |
| Dec 31, 2024 | -22.29% |
| Sep 30, 2024 | -10.36% |
| Sep 30, 2024 | -10.36% |