Trip.com (TRPCF) Return on Capital Employed (2009 - 2025)

Trip.com (TRPCF) recorded quarterly Return on Capital Employed of 8.24% in Q4 2025, down 5.65% quarter-over-quarter from 8.74% in Q3 2025, and up 1.0% on a YoY basis from 8.16% in Q4 2024.

Trip.com (TRPCF) Return on Capital Employed (2009 - 2025) Analysis & Trends

Trip.com's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 8.24% for Q4 2025.

  • In Q4 2025, Return on Capital Employed rose 1.0% year-over-year to 8.24%; the TTM figure through Dec 2025 stood at 8.24% (up 1.0% YoY), while the FY2025 annual figure was 8.94%, up 7.0% from the prior year.
  • Return on Capital Employed was 8.24% for Q4 2025 at Trip.com, down from 8.74% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.31% in Q2 2025 to a low of 1.14% in Q2 2022.
  • Historically, Return on Capital Employed has averaged 4.25% across 5 years, with a median of 5.22% in 2023.
  • The sharpest annual moves came in 2021 and 2024: Return on Capital Employed sank 258 bps in 2021, then surged 685 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 0.87% in 2021, then soared by 103 bps to 0.02% in 2022, then surged by 28521 bps to 6.8% in 2023, then rose by 21 bps to 8.23% in 2024, then rose by 0 bps to 8.24% in 2025.
  • The last three Return on Capital Employed figures came in at 8.24% (Q4 2025), 8.74% (Q3 2025), and 9.31% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 104.07%
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 31.79%
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 16.68%
4 Carnival 37.80 Bn 36.39 Bn - 11.60%
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 35.97%
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 0.57%
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 2.23%
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 8.24%
10 Trip.com - - 1.74 Bn 8.24%

Historic Data

Download Data
DateValue
Dec 31, 2025 8.24%
Sep 30, 2025 8.74%
Jun 30, 2025 9.31%
Mar 31, 2025 8.59%
Dec 31, 2024 8.23%
Sep 30, 2024 8.56%
Jun 30, 2024 8.88%
Mar 31, 2024 9.02%
Dec 31, 2023 6.80%
Sep 30, 2023 6.29%
Jun 30, 2023 4.15%
Mar 31, 2023 2.16%
Dec 31, 2022 0.02%
Sep 30, 2022 -0.37%
Jun 30, 2022 -1.14%
Mar 31, 2022 -0.71%
Dec 31, 2021 -0.87%
Sep 30, 2021 -0.53%
Jun 30, 2021 0.23%
Mar 31, 2021 -0.53%