Trip.com Group EBITDA Margin Growth & History (TCOM)
Trip.com Group's ebitda margin was 26.27% for fiscal 2025.
View full Trip.com Group company overviewTrip.com Group annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 26.27% | −1.52 pp |
| 2024 | 2024-12-31 | 27.79% | +0.97 pp |
| 2023 | 2023-12-31 | 26.82% | +23.23 pp |
| 2022 | 2022-12-31 | 3.59% | +7.03 pp |
| 2021 | 2021-12-31 | −3.44% | +0.02 pp |
| 2020 | 2020-12-31 | −3.45% | −19.40 pp |
| 2019 | 2019-12-31 | 15.95% | +4.43 pp |
| 2018 | 2018-12-31 | 11.52% | −2.64 pp |
| 2017 | 2017-12-31 | 14.17% | +18.39 pp |
| 2016 | 2016-12-31 | −4.22% | −10.27 pp |
| 2015 | 2015-12-31 | 6.05% | +5.69 pp |
| 2014 | 2014-12-31 | 0.36% | −16.36 pp |
| 2013 | 2013-12-31 | 16.72% | −0.31 pp |
| 2012 | 2012-12-31 | 17.03% | −13.92 pp |
| 2011 | 2011-12-31 | 30.95% | −5.71 pp |
| 2010 | 2010-12-31 | 36.66% | +1.88 pp |
| 2009 | 2009-12-31 | 34.77% | — |
Trip.com Group quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | 28.90% | −9.71 pp |
| Q4 2025 | 2025-12-31 | 34.10% | — |
| Q3 2025 | 2025-09-30 | 126.95% | — |
| Q2 2025 | 2025-06-30 | 39.24% | — |
| Q1 2025 | 2025-03-31 | 38.61% | — |
Trip.com Group ebitda margin trends
Over the last five fiscal years, Trip.com Group's ebitda margin increased from −3.45% to 26.27%, a change of +29.72 percentage points. The latest reported quarter, Q1 2026, shows 28.90%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. 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 ...