Tuniu (TOUR) EBITDA Margin (2013 - 2025)
Tuniu (TOUR) recorded quarterly EBITDA Margin of 0.55% in Q4 2025, down 106.21% quarter-over-quarter from 8.94% in Q3 2025, and up 1550.0% on a YoY basis from 0.03% in Q4 2024.
Tuniu (TOUR) EBITDA Margin (2013 - 2025) Analysis & Trends
Tuniu's EBITDA Margin history runs 13 years deep, the most recent figure standing at 0.55% for Q4 2025.
- In Q4 2025, EBITDA Margin rose 1550.0% year-over-year to 0.55%; the TTM figure through Dec 2025 stood at 4.1% (down 1383.0% YoY), while the FY2025 annual figure was 4.09%, down 1377.0% from the prior year.
- EBITDA Margin was 0.55% for Q4 2025 at Tuniu, down from 8.94% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 40.46% in Q2 2024 to a low of 301.05% in Q2 2022.
- Historically, EBITDA Margin has averaged 32.87% across 5 years, with a median of 9.21% in 2021.
- Biggest YoY gain for EBITDA Margin was 73376 bps in 2021; the steepest drop was 46669 bps in 2021.
- A 5-year view of EBITDA Margin shows it stood at 55.04% in 2021, then fell by 15 bps to 63.53% in 2022, then slumped by 119 bps to 138.84% in 2023, then soared by 88 bps to 16.05% in 2024, then soared by 97 bps to 0.55% in 2025.
- The last three EBITDA Margin figures came in at 0.55% (Q4 2025), 8.94% (Q3 2025), and 9.26% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 22.98% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 3.21% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 26.08% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 9.85% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 13.78% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 9.99% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.36% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 16.55% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 22.20% |
| 10 | Tuniu | 254.63 Mn | 94.87 Mn | 10.02 Mn | -0.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.55% |
| Sep 30, 2025 | 8.94% |
| Jun 30, 2025 | 9.26% |
| Mar 31, 2025 | -5.29% |
| Dec 31, 2024 | -16.05% |
| Sep 30, 2024 | 19.91% |
| Jun 30, 2024 | 40.46% |
| Mar 31, 2024 | 22.17% |
| Dec 31, 2023 | -138.84% |
| Sep 30, 2023 | 21.14% |
| Jun 30, 2023 | 17.96% |
| Mar 31, 2023 | -18.21% |
| Dec 31, 2022 | -63.53% |
| Sep 30, 2022 | -6.98% |
| Jun 30, 2022 | -301.05% |
| Mar 31, 2022 | -100.73% |
| Dec 31, 2021 | -55.04% |
| Sep 30, 2021 | -30.44% |
| Jun 30, 2021 | -11.43% |
| Mar 31, 2021 | -49.10% |