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) Operating margin

Alert me on Operating margin

Trip.com Group Limited Sponsored ADR's operating margin over the twelve months to 30 June 2026 was 16.1%, down 9.2 percentage points from fiscal 2025 (25.3%). Over the past ten years it has ranged from −16.3% (fiscal 2016) to 28.3% (fiscal 2019); the current reading is higher than 83% of that period. That is in line with the Travel Services industry median of 15.6% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 25.3% (1.32)
FY2024 26.6% 1.17
FY2023 25.4% 24.92
FY2022 0.52% (0.36)
FY2022 0.88% 7.91
FY2021 −7.03% 7.07
FY2021 −14.1% (6.33)
FY2020 −7.77% 7.77
FY2020 −15.5% (29.66)
FY2019 14.1% (14.14)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −9.36% (33.70)
Mar 2026 24.3% 7.08
Dec 2025 17.3% (13.14)
Sep 2025 30.4% 2.75
41 more quarters

Against its own ten years

Low −16.3% High 28.3%
Ten-year median 2.19%
Current reading's percentile 71

Operating margin against peers

Company Operating margin
BKNG Booking Holdings Inc. compare 32.8%
RCL Royal Caribbean Cruises Ltd. compare 27.6%
VIK Viking Holdings Ltd. compare 23.3%
ABNB Airbnb, Inc. compare 22.5%
EXPE Expedia Group, Inc. compare 17.2%
TCOM Trip.com Group Limited Sponsored ADR 16.1%
CCL Carnival Corporation compare 16.0%
MMYT MakeMyTrip Limited compare 15.2%
NCLH Norwegian Cruise Line Holdings Ltd. compare 13.9%
Travel Services industry median 15.6%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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