Trip.com (TRPCF) Tax Rate (2009 - 2025)
Trip.com (TRPCF) recorded quarterly Tax Rate of 31.32% in Q4 2025, up 39.77% quarter-over-quarter from 51.99% in Q3 2025, and down 1126.0% on a YoY basis from 3.05% in Q4 2024.
Trip.com (TRPCF) Tax Rate (2009 - 2025) Analysis & Trends
Trip.com's Tax Rate history runs 17 years deep, the most recent figure standing at 31.32% for Q4 2025.
- In Q4 2025, Tax Rate fell 1126.0% year-over-year to 31.32%; the TTM figure through Dec 2025 stood at 71.19% (down 2029.0% YoY), while the FY2025 annual figure was 14.97%, down 35.0% from the prior year.
- Tax Rate was 31.32% for Q4 2025 at Trip.com, up from 51.99% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 10.91% in Q4 2021 to a low of 127.41% in Q4 2022.
- Historically, Tax Rate has averaged 23.68% across 5 years, with a median of 14.5% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 13832 bps in 2022, then jumped 11264 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 10.91% in 2021, then sank by 1268 bps to 127.41% in 2022, then jumped by 88 bps to 14.78% in 2023, then sank by 36 bps to 20.06% in 2024, then slumped by 56 bps to 31.32% in 2025.
- The last three Tax Rate figures came in at 31.32% (Q4 2025), 51.99% (Q3 2025), and 17.73% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 22.59% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 43.06% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 2.66% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 6.07% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 148.00% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 2.78% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -381.82% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 26.85% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -31.32% |
| 10 | Trip.com | - | - | 1.74 Bn | -31.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -31.32% |
| Dec 31, 2025 | -31.32% |
| Sep 30, 2025 | -51.99% |
| Sep 30, 2025 | -51.99% |
| Jun 30, 2025 | -17.73% |
| Jun 30, 2025 | -17.73% |
| Mar 31, 2025 | -14.22% |
| Mar 31, 2025 | -14.22% |
| Dec 31, 2024 | -20.06% |
| Dec 31, 2024 | -20.06% |
| Sep 30, 2024 | -12.06% |
| Sep 30, 2024 | -12.06% |
| Jun 30, 2024 | -13.03% |
| Jun 30, 2024 | -13.03% |
| Mar 31, 2024 | -15.08% |
| Mar 31, 2024 | -15.08% |
| Dec 31, 2023 | -14.78% |
| Dec 31, 2023 | -14.78% |
| Sep 30, 2023 | -8.94% |
| Sep 30, 2023 | -8.94% |