Trip.com Group Ltd (TRPCF) Operating Margin (2009 - 2026)
Trip.com (TRPCF) posted quarterly Operating Margin of 24.34% for Q1 2026, down 142.0% year-over-year from 57.95% in Q1 2025, and up 47.58% quarter-over-quarter from 16.49% in Q4 2025.
Trip.com Group Ltd (TRPCF) Operating Margin (2009 - 2026) Analysis & Trends
Trip.com's Operating Margin history runs 18 years deep, the most recent figure standing at 24.34% for Q1 2026.
- In Q1 2026, Operating Margin fell 142.0% year-over-year to 24.34%; the TTM figure through Mar 2026 stood at 24.88% (down 126.0% YoY), while the FY2025 annual figure was 25.25%, down 132.0% from the prior year.
- Operating Margin for Q1 2026 stood at 24.34%, up from 16.49% in the prior quarter.
- The five-year high for Operating Margin was 31.43% in Q3 2024, with the low at 8.47% in Q1 2022.
- The 5-year median for Operating Margin is 24.34% (2026), against an average of 19.12%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 977 bps in 2022, then surged 3278 bps in 2023.
- Trip.com's Operating Margin stood at 4.66% in 2022, then surged by 556 bps to 21.22% in 2023, then fell by 15 bps to 18.01% in 2024, then declined by 8 bps to 16.49% in 2025, then surged by 48 bps to 24.34% in 2026.
- Business Quant data shows TRPCF's Operating Margin at 24.34% in Q1 2026, 16.49% in Q4 2025, and 30.35% in Q3 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.34% |
| Dec 31, 2025 | 16.49% |
| Sep 30, 2025 | 30.35% |
| Jun 30, 2025 | 27.61% |
| Mar 31, 2025 | 25.76% |
| Dec 31, 2024 | 18.01% |
| Sep 30, 2024 | 31.43% |
| Jun 30, 2024 | 27.80% |
| Mar 31, 2024 | 27.80% |
| Dec 31, 2023 | 21.22% |
| Sep 30, 2023 | 28.44% |
| Jun 30, 2023 | 26.45% |
| Mar 31, 2023 | 24.31% |
| Dec 31, 2022 | -4.66% |
| Sep 30, 2022 | 12.28% |
| Jun 30, 2022 | -4.17% |
| Mar 31, 2022 | -8.47% |
| Dec 31, 2021 | -15.10% |
| Sep 30, 2021 | -4.45% |
| Jun 30, 2021 | 5.59% |