Trip.com Group annual debt-to-ebitda ratio
2012
2013
2014
2015
2017
2018
2019
2022
2023
2024
2025
Trip.com Group Debt-to-EBITDA Ratio Growth & History (TCOM)
Trip.com Group's debt-to-ebitda ratio was 1.93 for fiscal 2025.
View full Trip.com Group company overviewTrip.com Group annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.93 | −0.79 | −29.18% |
| 2024 | 2024-12-31 | 2.72 | −1.09 | −28.71% |
| 2023 | 2023-12-31 | 3.81 | −60.99 | −94.12% |
| 2022 | 2022-12-31 | 64.80 | — | — |
| 2019 | 2019-12-31 | 9.00 | −7.79 | −46.41% |
| 2018 | 2018-12-31 | 16.78 | 4.88 | +40.96% |
| 2017 | 2017-12-31 | 11.91 | — | — |
| 2015 | 2015-12-31 | 44.70 | −367.78 | −89.16% |
| 2014 | 2014-12-31 | 412.47 | 405.75 | +6030.48% |
| 2013 | 2013-12-31 | 6.73 | 4.63 | +220.76% |
| 2012 | 2012-12-31 | 2.10 | — | — |
Trip.com Group quarterly debt-to-ebitda ratio
Q4.25
Q1.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | 0.80 | — | — |
| Q4 2025 | 2025-12-31 | 0.80 | — | — |
Trip.com Group debt-to-ebitda ratio trends
Between the periods ended 2012-12-31 and 2025-12-31, Trip.com Group's debt-to-ebitda ratio decreased from 2.10 to 1.93, a change of −0.17. The latest reported quarter, Q1 2026, shows 0.80.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trip.com Group source filings ↗Community posts
Trip.com reports quarterly loss after antitrust penalty
Trip.com ($TCOM) reported second-quarter revenue of RMB15.7 billion, up 6% from a year earlier but down 3% sequentially. The group recorded a net loss of RMB2.4 billion, compared with a RMB4.9 billion profit a year earlier, after recognizin ...
