TRPCF (Trip.com Group) Debt-to-EBITDA : 1.67 (As of Mar. 2026) — 73% Below Median

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TRPCF Trip.com Group Ltd TRPCF
81 GF Score
Price $40.81
GF Value $71.45
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Trip.com Group Debt-to-EBITDA?

Trip.com Group TRPCF 81 Debt-to-EBITDA is 1.67 as of Mar. 2026, which is 73% below its 10-year median of 6.10. GuruFocus rates TRPCF with a GF Score™ of 81/100 and a GF Value™ of $71.45 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 646 Travel & Leisure companies, Trip.com Group ranks better than 76.93% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Trip.com Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,914 Mil. Trip.com Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,637 Mil. Trip.com Group's annualized EBITDA for the quarter that ended in Mar. 2026 was $2,718 Mil. Trip.com Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.67.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Trip.com Group's Debt-to-EBITDA or its related term are showing as below:

TRPCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -141.29   Med: 6.1   Max: 27.91
Current: 0.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Trip.com Group was 27.91. The lowest was -141.29. And the median was 6.10.

TRPCF's Debt-to-EBITDA is ranked better than
76.93% of 646 companies
in the Travel & Leisure industry
Industry Median: 2.555 vs TRPCF: 0.83

Trip.com Group  (OTCPK:TRPCF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Trip.com Group Debt-to-EBITDA Related Terms


Trip.com Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Trip.com Group's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trip.com Group Debt-to-EBITDA Chart

Trip.com Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.63 8.58 3.30 2.03 0.78

Trip.com Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 1.70 0.34 1.51 1.67

TRPCF vs EXPE, CCL, NCLH: Debt-to-EBITDA Comparison

For the Travel Services subindustry, Trip.com Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trip.com Group Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Debt-to-EBITDA falls into.


TRPCF
81GF Score
Trip.com Group Ltd TRPCF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trip.com Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Trip.com Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2782.684 + 1705.901) / 5791.686
=0.78

Trip.com Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2914.496 + 1637.237) / 2718.476
=1.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.67 mean?
Trip.com Group (TRPCF) has a Debt-to-EBITDA of 1.67 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Trip.com Group. This is 73% below median its historical median of 6.10. According to the industry distribution chart, Trip.com Group ranks #149 out of 646 companies in the Travel & Leisure industry, placing it in the top 23.1%.
Is Trip.com Group's Debt-to-EBITDA too high?
Trip.com Group's current Debt-to-EBITDA of 1.67 is 73% below median its 10-year median of 6.10. The Travel & Leisure industry median Debt-to-EBITDA is 2.56. Trip.com Group's value of 1.67 is 34.6% below this industry median. Based on the distribution chart, Trip.com Group ranks #149 out of 646 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Trip.com Group has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trip.com Group's Debt-to-EBITDA compare to EXPE and CCL?
According to the Travel & Leisure industry distribution chart, Trip.com Group ranks #149 out of 646 companies for Debt-to-EBITDA. This places Trip.com Group in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.56. Trip.com Group's value of 1.67 is 34.6% below this benchmark. While the company's 10-year median is 6.10 vs. the industry median of 2.56, Trip.com Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.56, based on 646 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trip.com Group's current Debt-to-EBITDA of 1.67 is 34.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Trip.com Group. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trip.com Group's current Debt-to-EBITDA is 1.67, which is 73% below median its own 10-year median of 6.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trip.com Group stock overvalued right now?
Based on GuruFocus' analysis, Trip.com Group (TRPCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $71.45, compared to a current price of $40.81 — trading 42.9% below its estimated fair value. The current Debt-to-EBITDA is 1.67, which is 73% below median its 10-year median of 6.10 and 34.6% below the Travel & Leisure industry median of 2.56. Trip.com Group's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Trip.com Group (TRPCF), the current Debt-to-EBITDA is 1.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trip.com Group (TRPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Trip.com Group stock appears to be undervalued. The current stock price of $40.81 is trading 42.9% below its estimated GF Value™ of $71.45. GuruFocus considers Trip.com Group to be Significantly Undervalued.

Key valuation signals for TRPCF:

  • Debt-to-EBITDA: 1.67 (73% below median its 10-year median of 6.10)
  • GF Value™: $71.45 vs. price of $40.81 (42.9% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 34.6% below the Travel & Leisure median (#149 of 646)

No single metric tells the full story. See the TRPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trip.com Group Business Description

Address 30 Raffles Place, No. 29-01, Shanghai, SGP, 048622
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 79% of sales from accommodation reservations and transportation ticketing in 2024. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international travel, which is important to its margin expansion. Most of sales come from its domestic platform, but the company is expanding its overseas business. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
81GF Score

Get the complete analysis for TRPCF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.81
Price
$71.45
GF Value