Trip.com Group Limited Sponsored ADR

TCOM Consumer Cyclical Travel Services

Trip.com Group Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $8.9 billion, up 22.2% from fiscal 2024.

Revenue
+11.4%
EPS
−155.9%
Free cash flow
+531.8%
Total debt
−28.8%

Quarter to June 2026, against a year earlier

43.78 1.09 +2.55%
Market cap
$28.5B
P/E
8.2×
Fwd P/E
24.4×
Dividend yield
0.00%
F-score
6/9
Altman Z
3.11
Beneish M
−1.85
Dividend safety
n/a

Trip.com Group Limited Sponsored ADR (TCOM) Gross margin

Alert me on Gross margin

Trip.com Group Limited Sponsored ADR's gross margin over the twelve months to 30 June 2026 was 80.1%, down 0.5 percentage points from fiscal 2025 (80.6%). Over the past ten years it has ranged from 72.1% (fiscal 2015) to 82.5% (fiscal 2017); the current reading is higher than 78% of that period. That is above the Travel Services industry median of 52.2% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 80.6% (0.69)
FY2024 81.3% (0.48)
FY2023 81.8% 4.25
FY2022 77.5% 0.02
FY2022 77.5% 0.43
FY2021 77.1% 0.02
FY2021 77.0% (0.95)
FY2020 78.0% (0.01)
FY2020 78.0% (1.33)
FY2019 79.3% (0.01)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 79.8% 0.36
Mar 2026 79.5% 0.34
Dec 2025 79.1% (2.57)
Sep 2025 81.7% 0.65
41 more quarters

Against its own ten years

Low 72.1% High 82.5%
Ten-year median 78.7%
Current reading's percentile 59

Gross margin against peers

Company Gross margin
BKNG Booking Holdings Inc. compare 100.0%
EXPE Expedia Group, Inc. compare 90.5%
ABNB Airbnb, Inc. compare 83.1%
TCOM Trip.com Group Limited Sponsored ADR 80.1%
MMYT MakeMyTrip Limited compare 77.3%
RCL Royal Caribbean Cruises Ltd. compare 49.1%
VIK Viking Holdings Ltd. compare 43.2%
NCLH Norwegian Cruise Line Holdings Ltd. compare 41.4%
CCL Carnival Corporation compare 39.5%
Travel Services industry median 52.2%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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