Trip.com (TRPCF) Equity Ratio (2009 - 2025)
Trip.com (TRPCF) recorded quarterly Equity Ratio of 0.64 in Q4 2025, up 1.77% quarter-over-quarter from 0.63 in Q3 2025, and up 9.28% on a YoY basis from 0.58 in Q4 2024.
Trip.com (TRPCF) Equity Ratio (2009 - 2025) Analysis & Trends
Trip.com's Equity Ratio history runs 17 years deep, the most recent figure standing at 0.64 for Q4 2025.
- In Q4 2025, Equity Ratio rose 9.28% year-over-year to 0.64; the TTM figure through Dec 2025 stood at 0.64 (up 9.28% YoY), while the FY2025 annual figure was 0.64, up 9.29% from the prior year.
- Equity Ratio was 0.64 for Q4 2025 at Trip.com, up from 0.63 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.64 in Q4 2025 to a low of 0.53 in Q1 2021.
- Historically, Equity Ratio has averaged 0.57 across 5 years, with a median of 0.57 in 2022.
- The sharpest annual moves came in 2023 and 2025: Equity Ratio retreated 4.85% in 2023, then gained 11.1% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.58 in 2021, then gained by 2.41% to 0.59 in 2022, then retreated by 4.79% to 0.56 in 2023, then advanced by 4.14% to 0.58 in 2024, then increased by 9.28% to 0.64 in 2025.
- The last three Equity Ratio figures came in at 0.64 (Q4 2025), 0.63 (Q3 2025), and 0.59 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -0.31 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.28 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 0.23 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 0.25 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.07 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 0.10 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.32 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | -0.15 |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.64 |
| 10 | Trip.com | - | - | 1.74 Bn | 0.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.59 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.58 |
| Sep 30, 2024 | 0.57 |
| Jun 30, 2024 | 0.53 |
| Mar 31, 2024 | 0.56 |
| Dec 31, 2023 | 0.56 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.54 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.59 |
| Sep 30, 2022 | 0.57 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.58 |
| Dec 31, 2021 | 0.58 |
| Sep 30, 2021 | 0.55 |
| Jun 30, 2021 | 0.54 |
| Mar 31, 2021 | 0.53 |