TCOM
Trip.com Group Limited
TCOM lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover.
TCOM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Strong |
TCOM's cash flow and balance sheet are currently strong, and its revenue and profitability are stable.
TCOM PE Valuation
TCOM has no meaningful PE right now: it lost money over the past year.
TCOM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TCOM, with profitability holding steady.
TCOM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $5.16 | +32% |
| Q1 2026 | $6.79 | +84% |
| Q4 2025 | $7.16 | +91% |
| Q3 2025 | $6.72 | +88% |
| Q2 2025 | $3.91 | +26% |
| Q1 2025 | $3.70 | +53% |
| Q4 2024 | $3.75 | +70% |
| Q3 2024 | $3.57 | +49% |
TCOM's earnings per share have climbed steadily: $5.16 over the past year, up 32% from the year before, and higher year over year for 15 quarters in a row. Its recent earnings include one-off gains.
TCOM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.4B | +5.5% |
| Q1 2026 | $2.4B | +16% |
| Q4 2025 | $2.3B | +19% |
| Q3 2025 | $2.8B | +16% |
| Q2 2025 | $2.2B | +16% |
| Q1 2025 | $2.1B | +16% |
| Q4 2024 | $1.9B | +23% |
| Q3 2024 | $2.4B | +16% |
TCOM's revenue has grown year over year for 16 quarters in a row: $2.4B last quarter, up 5.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -9.3% | -37 points |
| Q1 2026 | 24% | -1.4 points |
| Q4 2025 | 16% | -1.6 points |
| Q3 2025 | 30% | -1.1 points |
| Q2 2025 | 28% | -0.2 points |
| Q1 2025 | 26% | -2.1 points |
| Q4 2024 | 18% | -3.2 points |
| Q3 2024 | 32% | +3.1 points |
TCOM's operating margin was −9.3% last quarter, down 37 points from the same quarter a year ago.
TCOM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $2B | +$2B |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | -100% |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | -100% |
TCOM's free cash flow has been positive every quarter for seven years: $2B over the past year, against $0 the year before.
TCOM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -7.2% | -49.3M shares |
| 1 year | -9.1% | -63.4M shares |
| 3 years | -5.9% | -39.6M shares |
| 5 years | -0.5% | -3.1M shares |
| Available history | +5.1% | +30.7M shares |
TCOM has 632M diluted shares, down 9.1% from a year ago, with $660M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $659.7M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
TCOM spent $660M buying back its own shares over the past year, after none the year before.
TCOM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.9x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.4x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | 0.2x | Very low |
TCOM has more cash than debt.
TCOM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.3 | Neutral |
| Stochastic | 49.2 | Neutral |
TCOM's weekly RSI is 47 (neutral) and its Stochastic is 49 (neutral).
TCOM PE vs Consumer Cyclical Sector
| Metric | TCOM | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
TCOM has no meaningful PE right now: it lost money over the past year.
TCOM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $40.4 | 6.9% above |
| 20 week MA | $42.2 | 2.4% above |
| 50 week MA | $50.7 | 15% below |
| 100 week MA | $58.1 | 26% below |
| 200 week MA | $50.6 | 15% below |
TCOM has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 15% below its 200-week average.
TCOM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $34.6 | $32.0 | -7.6% |
| 2021 | $32.0 | $23.8 | -26% |
| 2022 | $23.8 | $34.0 | +43% |
| 2023 | $34.0 | $36.0 | +5.9% |
| 2024 | $36.0 | $70.6 | +96% |
| 2025 | $70.6 | $72.5 | +2.7% |
| 2026 YTD | $72.5 | $43.2 | -40% |
TCOM is down 40% so far in 2026, after finishing higher in four of the previous six years.