# Trip Group Limited share price today (Trip.com Group Limited, TCOM)

> Trip.com Group Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TCOM · Consumer Discretionary · Travel Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/tcom

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: $41.38 (−41.4% in a year)
- P/E: 7.8×, against its own history
- Revenue (Jun 2026): CNY 15.7 B (+5.5% on a year ago)
- Profit (Jun 2026): −CNY 2.5 B (−150.7% on a year ago)
- Operating margin: −9.3% (−36.9 points on a year ago)
- ROE: 19%, FY25
- ROIC: 7.6%, against a 3.7% cost of capital: +3.9 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Trip Group Limited share price today? Trip.com Group Limited's share price was $41.38 at the close on 3 November 2026. It has been falling for 26 weeks. That is 13.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $38 and $76, and at that close it sat 9% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 43 weeks running. Over the last 10 years the share price moved +2% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 9 January 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Trip Group Limited pay? Trip.com Group Limited declared CNY 2.19 per local share for Dec 2024. It reports in Chinese yuan, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is Trip Group Limited on? Trip Group Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Trip Group Limited profitable? Trip.com Group Limited posted a net loss of CNY 2.5 B in the Jun 2026 quarter. Full-year FY25 profit was CNY 33.3 B. That loss is 15.7% of the quarter's revenue. The same quarter a year earlier earned CNY 4.8 B. 1 of the last 12 reported quarters were loss-making. Jun 2026 profit was −CNY 2.5 B, −150.7% on a year earlier. For the full year, FY25 profit was CNY 33.3 B (+95.1% on the year before). Why profit moved: revenue changed +5.5% on a year earlier and the margin moved −36.9 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +25.1% and revenue +14.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## How much revenue does Trip Group Limited make, and is it growing? Trip.com Group Limited reported CNY 15.7 B of revenue in the Jun 2026 quarter, +5.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 32.9% a year on average. The last full year, FY25, came in at CNY 62.4 B. The last four reported quarters add to CNY 65.6 B. FY25 revenue was CNY 62.4 B, +17.1% on the year before. Recent pace: the last four quarters grew +14.8% on average, against 32.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.5%, against +16.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +34.2%, against +31.2% a year (stabilising). This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## How much of its sales does Trip Group Limited keep? Trip.com Group Limited's operating margin was −9.3% in the Jun 2026 quarter, 36.9 percentage points lower than the same quarter a year ago. Across 5 years it has been between −7.0% and 26.6%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −36.9 percentage points on the year while gross margin changed −1.2 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Trip Group Limited's profit turning into cash? Over the last 3 years, 93% of Trip.com Group Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in CNY 14.4 B of operating cash against CNY 33.3 B of profit. After CNY 797 M of spending on assets, CNY 13.6 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## Where does Trip Group Limited's cash go? Trip.com Group Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent CNY 2.0 B on assets over the last 3 years. Averaged over those years that is 1.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: CNY 2.0 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## What is Trip Group Limited's P/E ratio, and how does it compare with its own history? Trip.com Group Limited's P/E is 7.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Trip Group Limited business getting better or worse? Trip.com Group Limited's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE rising at 9.3%; each line tells part of the story. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Trip Group Limited earn on its capital? Trip.com Group Limited earned a ROE of 19% in FY25. That is up from a low of −1% in FY21. Its return on capital used (ROIC) is 3.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 53.3% net margin and 0.23× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 53.3% net margin × 0.23× asset turnover × 1.55× leverage (assets divided by equity) ≈ 19.0% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 7.6% − 3.7% = +3.9 percentage points. The 3.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 7.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 11.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Trip Group Limited have too much debt? Trip.com Group Limited has total debt of CNY 27.0 B against shareholder equity of CNY 161 B as of Jun 2026, so its debt is 0.17× its equity, which is very little. Year by year, that ratio went from 0.47 in FY21 to 0.18 in FY25. So the returns on this page come from the business, not from borrowed money. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## What is the Trip Group Limited shareholding pattern? We have no ownership or short-position figures for Trip.com Group Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Trip Group Limited from balance-sheet trouble? For Trip.com Group Limited, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Trip Group Limited rank in its industry? There is no score against its industry: Trip.com Group Limited is not among the largest members shown in this industry comparison for Travel Services. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Trip Group Limited compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Trip Group Limited in size? Trip Group Limited is the 7th largest of 14 Travel Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Carnival Corporation, Viking Holdings and Expedia Group, Inc. Just below it: Norwegian Cruise Line Holdings, Global Business Travel Group, Inc. and Travel + Leisure Co. ### Travel Services companies close in size

1. [Carnival Corporation Ltd.](https://www.sectoralpha.in/us/stocks/ccl) $39.3 billion
2. [Viking Holdings Ltd](https://www.sectoralpha.in/us/stocks/vik) $38.3 billion
3. [Expedia Group, Inc.](https://www.sectoralpha.in/us/stocks/expe) $34.3 billion
4. Trip.com Group Limited $26.1 billion
5. [Norwegian Cruise Line Holdings Ltd.](https://www.sectoralpha.in/us/stocks/nclh) $8 billion
6. [Global Business Travel Group, Inc.](https://www.sectoralpha.in/us/stocks/gbtg) $5 billion
7. [Travel + Leisure Co.](https://www.sectoralpha.in/us/stocks/tnl) $4.5 billion

[All 14 Travel Services companies, largest first](https://www.sectoralpha.in/us/sectors/travel-services#all-companies)

### Companies close in size in other industries

1. [Roivant Sciences Ltd.](https://www.sectoralpha.in/us/stocks/roiv) $25.9 billion · Biotechnology
2. [Banco Bradesco S.A.](https://www.sectoralpha.in/us/stocks/bbd) $25.9 billion · Banks - Regional
3. Trip.com Group Limited $25.8 billion
4. [HP Inc.](https://www.sectoralpha.in/us/stocks/hpq) $25.6 billion · Computer Hardware
5. [United Therapeutics Corporation](https://www.sectoralpha.in/us/stocks/uthr) $25.6 billion · Drug Manufacturers - Specialty & Generic

## What else do people ask about Trip Group Limited? ### What were Trip Group Limited's latest quarterly results? Trip.com Group Limited reported revenue of CNY 15.7 B and a net loss of CNY 2.5 B for the Jun 2026 quarter. Revenue rose 5.5% and profit fell 150.7% compared with a year earlier. The operating margin was −9.3%, 36.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is Trip Group Limited's market cap? Trip.com Group Limited's market capitalisation is $26.1 B at a stock price of $41.38. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Trip Group Limited performing? Trip.com Group Limited's share price has been falling for 26 weeks. In its latest quarter, revenue rose 5.5% and profit fell 150.7% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 43 weeks running (as of 3 November 2026). ### Will Trip Group Limited's stock price go up? This page does not forecast Trip.com Group Limited's stock price. What it shows instead: the stock price is $41.38, and it has been falling for 26 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is Trip Group Limited's profit real cash? Yes, over the last 3 years, 93% of Trip.com Group Limited's reported profit came in as cash from operations. The latest year was lower at 43%, so the trend is worth watching. In FY25, operating cash was CNY 14.4 B against reported profit of CNY 33.3 B. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Trip Group Limited in its business cycle? Trip.com Group Limited's FY25 operating margin was 25.3%, against a 5-year range of −7.0% to 26.6%: the middle of its own range, neither a peak nor a low. The latest quarter was −9.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Trip Group Limited story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Trip Group Limited a stock worth studying right now? What the numbers show: Trip.com Group Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.