Tuniu (TOUR) Operating Margin (2013 - 2026)
Tuniu's Operating Margin was -4.38% in the quarter ended Jun 30, 2026, down 9.66 percentage points from 5.29% a year earlier and down 1.55 percentage points from the prior quarter.
Tuniu (TOUR) Operating Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tuniu's Operating Margin was 0.77% through Jun 30, 2026, down 1.78 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 1.94%, down 10.37 percentage points from the prior year.
- Operating Margin shows a five-year change of +445.38 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Operating Margin was 12.32% in the year ended Dec 31, 2024 (+35.40 pp), -23.09% in the year ended Dec 31, 2023 (+94.96 pp), -118.05% in the year ended Dec 31, 2022 (-75.47 pp) and -42.58% in the year ended Dec 31, 2021 (+400.86 pp).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Operating Margin since the quarter ended Mar 31, 2025.
- Compared with a year earlier, Operating Margin was higher in three of the last eight quarters, with an average year-over-year change of +8.16 percentage points.
- The best year-over-year quarter for Operating Margin over five years was the quarter ended Dec 31, 2021 (a gain of 708.61 percentage points); the worst was the quarter ended Jun 30, 2022 (a drop of 316.14 percentage points).
- Per Business Quant data, TOUR's Operating Margin in the three quarters before the quarter ended Jun 30, 2026 was -2.82% (quarter ended Mar 31, 2026), 0.87% (quarter ended Dec 31, 2025) and 6.86% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 107.26 Bn | 105.31 Bn | 1.55 Bn | 17.38% |
| 2 | Hilton Worldwide Holdings | 82.39 Bn | 78.84 Bn | 3.08 Bn | 25.68% |
| 3 | Royal Caribbean Cruises | 78.41 Bn | 75.77 Bn | 2.29 Bn | 27.05% |
| 4 | Viking Holdings | 39.02 Bn | 24.15 Bn | 996.62 Mn | 29.40% |
| 5 | Carnival | 37.61 Bn | 30.79 Bn | - | 26.32% |
| 6 | Intercontinental Hotels | 26.50 Bn | 22.46 Bn | - | - |
| 7 | Trip.com | 25.88 Bn | -19.12 Bn | 1.84 Bn | -9.36% |
| 8 | Hyatt Hotels | 16.93 Bn | 14.09 Bn | 388.00 Mn | -71.84% |
| 9 | H World | 14.10 Bn | 5.51 Bn | 453.94 Mn | 31.05% |
| 10 | Tuniu | 6.47 | -468.78 Mn | 11.27 Mn | -4.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.38% |
| Mar 31, 2026 | -2.82% |
| Dec 31, 2025 | 0.87% |
| Sep 30, 2025 | 6.86% |
| Jun 30, 2025 | 5.29% |
| Mar 31, 2025 | -9.19% |
| Dec 31, 2024 | -12.36% |
| Sep 30, 2024 | 15.69% |
| Jun 30, 2024 | 29.49% |
| Mar 31, 2024 | 11.40% |
| Dec 31, 2023 | -123.42% |
| Sep 30, 2023 | 17.79% |
| Jun 30, 2023 | 6.78% |
| Mar 31, 2023 | -26.89% |
| Dec 31, 2022 | -74.28% |
| Sep 30, 2022 | -18.31% |
| Jun 30, 2022 | -332.38% |
| Mar 31, 2022 | -127.29% |
| Dec 31, 2021 | -59.81% |
| Sep 30, 2021 | -49.40% |
Tuniu Operating Margin 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-margin&ticker=TOUR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TOUR", "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-margin&ticker=TOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();