Trip.com (TRPCF) Enterprise Value (2009 - 2025)

Trip.com (TRPCF) recorded quarterly Enterprise Value of -$5.2 billion in Q4 2025, up 52.87% quarter-over-quarter from -$11.1 billion in Q3 2025, and down 23.96% on a YoY basis from -$6.9 billion in Q4 2024.

Trip.com (TRPCF) Enterprise Value (2009 - 2025) Analysis & Trends

Trip.com's Enterprise Value history runs 17 years deep, the most recent figure standing at -$5.2 billion for Q4 2025.

  • In Q4 2025, Enterprise Value fell 23.96% year-over-year to -$5.2 billion; the TTM figure through Dec 2025 stood at -$5.2 billion (down 23.96% YoY), while the FY2025 annual figure was -$5.1 billion, down 23.42% from the prior year.
  • Enterprise Value was -$5.2 billion for Q4 2025 at Trip.com, up from -$11.1 billion in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$4.2 billion in Q4 2024 to a low of -$12.2 billion in Q2 2024.
  • Historically, Enterprise Value has averaged -$8.3 billion across 5 years, with a median of -$8.1 billion in 2021.
  • The sharpest annual moves came in 2021 and 2024: Enterprise Value sank 66.64% in 2021, then soared 48.79% in 2024.
  • A 5-year view of Enterprise Value shows it stood at -$4.8 billion in 2021, then fell by 23.59% to -$6.0 billion in 2022, then tumbled by 37.94% to -$8.2 billion in 2023, then surged by 48.79% to -$4.2 billion in 2024, then dropped by 23.96% to -$5.2 billion in 2025.
  • The last three Enterprise Value figures came in at -$5.2 billion (Q4 2025), -$11.1 billion (Q3 2025), and -$11.0 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -16.02 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -12.01 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -517.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - -1.41 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -5.79 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -185.00 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -437.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -255.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -5.21 Bn
10 Trip.com - - 1.74 Bn -5.21 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -5.21 Bn
Sep 30, 2025 -11.06 Bn
Jun 30, 2025 -11.02 Bn
Mar 31, 2025 -10.63 Bn
Dec 31, 2024 -4.20 Bn
Sep 30, 2024 -10.73 Bn
Jun 30, 2024 -12.23 Bn
Mar 31, 2024 -9.62 Bn
Dec 31, 2023 -8.21 Bn
Sep 30, 2023 -8.37 Bn
Jun 30, 2023 -7.53 Bn
Mar 31, 2023 -6.88 Bn
Dec 31, 2022 -5.95 Bn
Sep 30, 2022 -6.59 Bn
Jun 30, 2022 -7.90 Bn
Mar 31, 2022 -7.96 Bn
Dec 31, 2021 -4.82 Bn
Sep 30, 2021 -8.77 Bn
Jun 30, 2021 -9.61 Bn
Mar 31, 2021 -8.06 Bn