Trip.com Group Limited Sponsored ADR TCOM

39.43 (0.61) (1.52%) as of 25 Sep
Market cap
$26.0B
P/E
5.8×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 25,950.00
Revenue 9,604.00
Net Income 4,775.00
Free Cash Flow 7,891.00
Net Debt (7,828.00)
Current Ratio 1.33
Debt/Equity 0.16
P/E ratio 5.82
P/S ratio 2.60
P/B ratio 1.01
Past 5Y EPS Growth (24.77%)
This Y EPS Growth (48.08%)
Next Y EPS Growth 14.19%
Next 5Y EPS Growth (12.87%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield 0.09%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 1.93
0.30
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 8,695 10,900 11,219 11,719
Receivables 1,607 1,707 2,179 2,513
Inventory — — — —
Other 399 384 482 —
12,498 15,360 17,309 18,056
2023 2024 2025 Q'26
Payables 2,318 2,271 2,738 2,941
ST’ Debt 3,642 2,662 2,765 3,798
Other 2,074 2,860 3,115 6,869
10,199 10,139 11,177 13,608
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 5.62% 23.22% 45.34%
Cash Flow 6.85% 39.63% 75.64%
Earnings 16.71% 0.00% 184.87%
Book Value 5.26% 7.31% 14.60%

Revenue

Mar Jun Sep Dec Year
’26 2,350 2,308 — — —
’25 1,907 2,072 2,576 2,370 8,925
’24 1,649 1,757 2,261 1,635 7,302
’23 1,339 1,552 1,883 1,495 6,269
’22 649 598 968 692 2,907
’22 — — — — 2,988
’21 628 912 831 771 3,142
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 2,059 2,059
’24 338 — — 2,692 2,692
’23 — — — 3,098 3,098
’22 — — — 380 380
’22 — — — — 394
’21 — — — 388 388
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 1,946 1,946
’24 321 — — 2,611 2,611
’23 — — — 3,013 3,013
’22 — — — 308 308
’22 — — — — 394
’21 — — — 299 299
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.53 — — — —
’25 0.84 0.97 4.02 0.87 6.82
’24 0.88 0.77 1.42 0.42 3.39
’23 0.73 0.13 0.94 0.27 2.08
’22 (0.24) 0.01 0.06 0.45 0.31
’22 — — — — 0.32
’21 0.44 (0.16) (0.20) (0.20) (0.14)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
35.50 40.40 25.00 26.32 20.10 21.40 14.29 30.70 34.42 51.35

Analyst estimates 2026–2028

Powerpack
Low Price
49.62 60.65 51.91 46.50 38.95 45.19 35.99 43.59 77.18 78.65
High Price
37,000 37,400 45,100 44,300 33,400 33,732 32,202 36,249 41,073 43,574
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
2,769 4,116 4,504 5,122 2,807 3,142 2,907 6,269 7,302 8,925
Revenue
75.40% 82.53% 79.57% 79.32% 77.98% 77.05% 77.50% 81.75% 81.27% 80.58%
Gross Margin
(254) 539 280 1,304 (188) (74) 385 1,504 2,330 5,557
EBT
(9.15%) 13.09% 6.22% 25.46% (6.70%) (2.36%) 13.24% 23.99% 31.91% 62.26%
EBT Margin
(236) 332 160 1,004 (501) (101) 201 1,409 2,360 4,775
Net Income
104 136 142 208 239 222 187 148 167 171
Depreciation
5.85 7.76 8.23 9.02 4.67 4.96 4.48 9.60 11.16 13.57
Revenue/Sh
(0.44) 0.62 0.30 1.77 (0.83) (0.14) 0.31 2.14 3.58 7.24
Earnings/Sh
1.60 2.05 1.89 1.86 (0.98) 0.61 0.59 4.75 4.12 3.13
Cash Flow/Sh
(0.21) (0.14) (0.19) (0.21) (0.13) (0.14) (0.11) (0.13) (0.12) (0.17)
Capex/Sh
1.39 1.91 1.71 1.65 (1.11) 0.47 0.48 4.62 3.99 2.96
Free CF/Sh
22.98 25.06 23.58 26.74 25.91 27.33 25.27 26.54 29.90 37.50
Book Value/Sh
473 530 547 568 601 634 648 653 654 658
Shares
0.00 78.08 77.31 18.43 0.00 0.00 123.07 16.74 18.81 10.13
PE Ratio
7.65 5.94 3.29 3.72 7.22 4.97 7.96 3.71 6.15 5.30
PS Ratio
1.79 1.84 1.15 1.25 1.30 0.90 1.41 1.34 2.30 1.92
PB Ratio
7.80 5.84 3.21 3.87 7.88 4.98 8.05 3.34 5.40 4.54
EV/Sales
91.54 25.85 6.25 5.87 13.09 14.88 27.14 7.12 6.32 5.14
EV/FCF
759 1,086 1,036 1,055 (588) 388 380 3,098 2,692 2,059
Op' Cash Flow
(99) (76) (103) (120) (81) (89) (72) (85) (81) (113)
Capex
660 1,011 933 935 (669) 299 308 3,013 2,611 1,946
FCF
2,249 2,623 1,542 (176) (55) (17) 28 2,299 5,221 6,132
Working Cap'
5,983 6,999 8,750 7,189 8,641 7,997 6,648 6,332 5,420 4,399
Total Debt
1,044 (397) (344) 753 1,862 31 264 (2,363) (5,480) (6,820)
Net Debt
10,877 13,291 12,905 15,183 15,566 17,333 16,386 17,325 19,555 24,663
Sh' Equity
(0.99%) 1.32% 0.60% 3.51% (1.74%) (0.28%) 0.74% 4.76% 7.30% 13.33%
ROA
(1.18%) 2.18% 1.89% 2.84% (0.78%) (0.80%) 0.06% 6.66% 8.63% 7.91%
ROIC
(1.95%) 2.49% 1.27% 6.72% (3.22%) (0.50%) 1.27% 8.29% 12.68% 21.54%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Trip.com Group Limited Sponsored ADR peers in Travel Services

All 19 Travel Services stocks →

Trip.com Group Limited Sponsored ADR (TCOM) key facts

  • Trip.com Group Limited Sponsored ADR (TCOM) is a Travel Services company in the Consumer Cyclical sector, listed on Nasdaq.
  • Trip.com Group Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was HKD 8.9 billion, up 22.2% from fiscal 2024.
  • As of September 25, 2026, TCOM traded at $39.43, a market capitalization of $26.0 billion.
  • Return on equity was 21.5% and debt-to-equity 0.16.

Source: company filings (standardised) and stockrow calculations.

Trip.com Group Limited Sponsored ADR (TCOM) Latest News

News by impact score

Fine-tune

25 Sep

3

Trip.com Group Limited Sponsored ADR (TCOM) faces mixed signals as bullish broker sentiment clashes with a deteriorating earnings outlook. The piece cites an average brokerage recommendation (ABR) of 1.65 from 20 firms, with 14 Strong Buy and one Buy, signaling a strong-buy bias. However, it warns that broker ratings often overshoot and may reflect vested interests. By contrast, Zacks Rank assigns TCOM a #4 Sell, citing a 2.2% drop in the current-year EPS consensus to $3.7 and revisions downward. The article argues ABR should be treated with caution and suggests using Zacks Rank for a more timely gauge of near-term moves. It also promotes Zacks’ recommendations and 7 Best Stocks for the Next 30 Days. ABR optimism is countered by a Zacks Sell rating and falling EPS revisions, indicating mixed near-term sentiment.

24 Sep

3

Trip.com (TCOM) closed at $40.07, down 1.38% as broader markets wavered; it has fallen about 10% in the last month while the Consumer Discretionary sector slipped more than the market. Ahead of the next earnings report, expectations call for EPS of $1.18 (down ~69.5% YoY) on revenue of $2.81 billion (up ~8.9%). For the full year, consensus projects $3.70 per share on $10.02 billion revenue (EPS down ~43%, revenue up ~14%). Zacks has trimmed its EPS estimate by ~2.23% in the past month, and assigns a #4 Sell rating. The stock trades at a forward P/E of 10.99 (versus industry 14.2) and a PEG of 2.75, with the Leisure and Recreation Services industry ranking in the bottom tier. Projected sharp earnings decline and a Sell rating suggest notable but not overwhelming near-term investor concern.

20 Sep

4

Trip.com Group's data shows Chinese travelers are starting Golden Week travel earlier and extending trips to 13 days by combining Mid-Autumn Festival with the holiday. Outbound departures may surge from Sept. 25, with average trip lengths above nine days. Seven-night hotel bookings are up 123% YoY, long-haul and European bookings rise, and multi-destination itineraries jump 84% YoY. Seoul becomes the top overseas destination with 91% YoY growth in international flight bookings; Jeju, Bali, Cebu and Phuket post strong gains. Gen Z and Millennials lead growth, and New Zealand gains popularity. Inbound travel to China also grows, with Mutianyu Great Wall promoted via Trip.com Express. Overall, extended holidays and regional travel boost demand across Asia and beyond. Strong travel demand and multi-destination growth signals meaningful revenue and bookings upside for Trip.com Group in the near term.

4

Trip.com Group Ltd Sponsored ADR (TCOM) faces a RMB5.2 billion penalty, signaling heightened regulatory scrutiny of the online travel sector in China. The charge comes as the company contends with domestic market pressure, tightening competition, and shifting consumer demand, potentially weighing on margins and growth prospects. The article questions whether overseas expansion can offset slower domestic momentum, noting potential strategic pivots toward international markets, cost controls, and compliance investments. Investors will weigh the penalty against the company’s resilience and its ability to monetize cross-border travel and international partnerships. If overseas growth accelerates, it could cushion near-term earnings and maintain growth trajectories despite the penalty and domestic headwinds. Regulatory penalty of RMB5.2B poses material financial risk and could reshape strategy toward international expansion.

17 Sep

4

Trip.Biz launches Agent ONE, an AI suite that cuts business travel booking time by 90% while simplifying oversight for travel managers. AI product launch targets core business travel operations with potential to boost efficiency and market position.

16 Sep

3

Q2 2026 penalty combined with AI and overseas growth shifts potentially alters the bull case for Trip.com Group (TCOM). Penalty introduces regulatory risk while AI and overseas expansion offer growth opportunities that moderately affect TCOM trajectory.

3 transcript

Trip.com Group Ltd (TCOM) reported Q2 2026 earnings with international OTA revenue showing a significant jump. Revenue jump in core international segment can moderately lift near-term investor sentiment and valuation.

15 Sep

4 transcript

Trip.com Group Q2 earnings call highlighted revenue growth, recovery in travel demand, increased bookings, and management outlook on international expansion and profitability targets. Q2 earnings call data directly shapes near-term stock reaction and valuation through disclosed financial metrics and guidance.

4

Trip.com Group Limited reported unaudited financial results for the second quarter and first half of 2026. Quarterly earnings releases deliver core financial metrics that move stock prices and reshape near-term investor outlook.

3

Trip.com (TCOM) surpassed Q2 earnings and revenue estimates. Beating quarterly earnings and revenue estimates typically drives short-term positive stock movement and sentiment for TCOM.

31 Aug

4

Trip.com Group reports 40% increase in active travel booking GMV amid growing sportcation travel trend. 40% GMV growth in active travel bookings indicates strong operational gains likely to boost TCOM stock trajectory.

30 Aug

3

Trip.com Group reports 40% increase in active travel booking GMV driven by growing sportcation trend. 40% GMV growth signals improved booking volumes and revenue outlook for Trip.com.

26 Aug

3

Jin Jiang Hotels and Trip.com sign strategic MOU to deepen ASEAN engagement. Strategic MOU enables Trip.com ASEAN expansion with moderate competitive effects.

24 Aug

3

Trip.com (TCOM), China’s largest travel platform, is positioned for long-term gains. Positive long-term positioning for TCOM as China’s top travel platform supports moderate investor sentiment gains without altering core operations.

19 Aug

3

Trip.com Group Limited Sponsored ADR (TCOM) Q2 earnings expected to decline. Expected Q2 earnings decline may pressure TCOM stock performance and investor sentiment.

11 Aug

3

New China hotel rules have led analysts to assess Trip.com Group (TCOM) stock as trading below fair value. China hotel regulations introduce operational challenges for Trip.com Group's core business.

7 Aug

3

China introduces curbs limiting online travel agencies' control over independent hotels. Curbs on OTA leverage over hotels create moderate operational and revenue constraints for Trip.com.

27 Jul

4

Trip.com accepts China antitrust penalty and overhauls distribution and pricing. China antitrust penalty forces distribution and pricing overhaul that alters core operations and market positioning.

25 Jul

4

Trip.com Group received a record antitrust fine and initiated a major overhaul, raising questions about shifts in its investment narrative and long-term outlook. Record antitrust fine plus overhaul signal major regulatory and strategic changes with potential to alter company trajectory.

4

China fines Trip.com $700 million for abusing its online travel market dominance. The $700 million fine for dominance abuse creates major regulatory and financial pressure on Trip.com's China operations.

4

China imposed $765 million in penalties on Trip.com for monopoly abuses. The $765M fine for monopoly abuses creates major regulatory and financial pressure on Trip.com's core China business.

24 Jul

4

China fines Trip.com $770 million for monopoly in online hotel bookings. Huge regulatory fine directly damages financials and market position.

6 Jul

3

Citi cut its price target on Trip.com Group Limited Sponsored ADR (TCOM) to $64 after the company issued disappointing Q2 guidance. Citi target reduction on weak Q2 guidance creates moderate near-term pressure on TCOM sentiment and valuation.

29 Jun

3

Trip.com stock selloff raises doubts on sustainability of travel recovery and post-pandemic growth trajectory. Selloff and recovery doubts may moderately affect investor sentiment and stock performance.

26 Jun

3

TCOM shares fell 10.2% after a softer Q2 outlook tempered strong Q1 demand. Softer Q2 outlook triggers immediate stock drop and shifts short-term investor sentiment.

25 Jun

4

Trip.com Group Ltd (TCOM) posted strong revenue growth in its Q1 2026 earnings call. Strong revenue growth from earnings call signals major positive shift in financial performance and stock trajectory.

24 Jun

4

Trip.com Group Limited released unaudited financial results for the first quarter of 2026. Quarterly earnings releases directly update key financial metrics that drive stock valuation and investor sentiment.

15 Jun

3

Trip.Biz research reveals 53% of business travellers book outside approved channels due to lack of content. Highlights booking channel gaps that Trip.com can target to expand business travel share.

3 Jun

3

Trip.com Group shows EPS growth along with additional positive factors, making the NASDAQ:TCOM stock an interesting investment case. EPS growth points to stronger financial performance that can moderately lift TCOM valuation and sentiment.

29 May

4

Trip.com advances AI integration across travel services and establishes new global partnerships, potentially reshaping the investment outlook for TCOM. AI initiatives combined with global partnerships represent major strategic moves positioned to alter TCOM's trajectory and investor sentiment.

stockrow.com/TCOM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com