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| Date | Value |
|---|---|
| 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 |