Trip.com Group annual debt-to-equity ratio
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Trip.com Group Debt-to-Equity Ratio Growth & History (TCOM)
Trip.com Group's debt-to-equity ratio was 0.18 for fiscal 2025.
View full Trip.com Group company overviewTrip.com Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.18 | −0.10 | −35.14% |
| 2024 | 2024-12-31 | 0.28 | −0.09 | −23.90% |
| 2023 | 2023-12-31 | 0.37 | −0.04 | −9.99% |
| 2022 | 2022-12-31 | 0.41 | −0.06 | −11.79% |
| 2021 | 2021-12-31 | 0.47 | −0.10 | −17.55% |
| 2020 | 2020-12-31 | 0.57 | 0.08 | +15.66% |
| 2019 | 2019-12-31 | 0.49 | −0.20 | −29.21% |
| 2018 | 2018-12-31 | 0.69 | 0.16 | +29.04% |
| 2017 | 2017-12-31 | 0.54 | −0.04 | −7.40% |
| 2016 | 2016-12-31 | 0.58 | −0.12 | −16.73% |
| 2015 | 2015-12-31 | 0.70 | −0.52 | −42.85% |
| 2014 | 2014-12-31 | 1.22 | 0.47 | +61.82% |
| 2013 | 2013-12-31 | 0.75 | 0.51 | +210.69% |
| 2012 | 2012-12-31 | 0.24 | — | — |
Trip.com Group quarterly debt-to-equity ratio
Q4.12
Q4.13
Q4.14
Q3.15
Q4.15
Q2.16
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.18 | −0.10 | −35.14% |
| Q4 2024 | 2024-12-31 | 0.28 | −0.09 | −23.90% |
| Q4 2023 | 2023-12-31 | 0.37 | −0.04 | −9.99% |
| Q4 2022 | 2022-12-31 | 0.41 | −0.06 | −11.79% |
| Q4 2021 | 2021-12-31 | 0.47 | −0.10 | −17.55% |
| Q4 2020 | 2020-12-31 | 0.57 | 0.08 | +15.66% |
| Q4 2019 | 2019-12-31 | 0.49 | −0.20 | −29.21% |
| Q4 2018 | 2018-12-31 | 0.69 | 0.16 | +29.04% |
| Q4 2017 | 2017-12-31 | 0.54 | −0.04 | −7.40% |
| Q4 2016 | 2016-12-31 | 0.58 | −0.12 | −16.73% |
| Q2 2016 | 2016-06-30 | 0.55 | — | — |
| Q4 2015 | 2015-12-31 | 0.70 | −0.52 | −42.85% |
| Q3 2015 | 2015-09-30 | 1.92 | — | — |
| Q4 2014 | 2014-12-31 | 1.22 | 0.47 | +61.82% |
| Q4 2013 | 2013-12-31 | 0.75 | 0.51 | +210.69% |
| Q4 2012 | 2012-12-31 | 0.24 | — | — |
Trip.com Group debt-to-equity ratio trends
Over the last five fiscal years, Trip.com Group's debt-to-equity ratio decreased from 0.57 to 0.18, a change of −0.38. The latest reported quarter, Q4 2025, shows 0.18.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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