Trip.com Group (WBO:CTRP) EBIT: €4,806 Mil (TTM As of Dec. 2025)


WBO:CTRP Trip.com Group Ltd WBO:CTRP
86 GF Score
Price €40.80
GF Value €69.66
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Trip.com Group EBIT?

Trip.com Group WBO:CTRP +3.55% 86 EBIT is €4,806 Mil as of Dec. 2025. GuruFocus rates WBO:CTRP with a GF Score™ of 86/100 and a GF Value™ of €69.66 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Trip.com Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was €637 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €4,806 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trip.com Group's annualized ROC % for the quarter that ended in Dec. 2025 was 6.64%. Trip.com Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 330.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trip.com Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.93%.

Trip.com Group  (WBO:CTRP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Trip.com Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1879.4 * ( 1 - 16.26% )/( (25056.467 + 22324.984)/ 2 )
=1573.80956/23690.7255
=6.64 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=32362.246 - 2409.904 - ( 9622.75 - max(0, 10104.037 - 14999.912+9622.75))
=25056.467

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=32421.129 - 4896.75 - ( 8712.541 - max(0, 9478.124 - 14677.519+8712.541))
=22324.984

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Trip.com Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2546.772/( ( (756.975 + max(-2294.247, 0)) + (784.741 + max(-2465.047, 0)) )/ 2 )
=2546.772/( ( 756.975 + 784.741 )/ 2 )
=2546.772/770.858
=330.38 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1954.81 + 0 + 3422.352) - (2409.904 + 2656.168 + 2605.337)
=-2294.247

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1847.997 + 0 + 2788.668) - (4896.75 + 2204.962 + 0)
=-2465.047

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Trip.com Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=4805.915/20959.098
=22.93 %

* 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 EBIT Related Terms

Trip.com Group EBIT Historical Data

* Premium members only.

The historical data trend for Trip.com Group's EBIT 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 EBIT Chart

Trip.com Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.01 561.79 1,637.07 2,457.84 4,813.33

Trip.com Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EBIT 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 351.66 681.38 703.34 2,784.50 636.69

WBO:CTRP vs EXPE, CCL, VIK: EBIT Comparison

For the Travel Services subindustry, Trip.com Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Travel & Leisure Industry

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

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


WBO:CTRP
86GF Score
Trip.com Group Ltd WBO:CTRP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Trip.com Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,806 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €4,806 Mil mean?
Trip.com Group (WBO:CTRP) has a EBIT of €4,806 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trip.com Group.
Is Trip.com Group's EBIT too high?
Trip.com Group's current EBIT is €4,806 Mil. Overall, Trip.com Group has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trip.com Group's EBIT compare to EXPE and CCL?
Trip.com Group's EBIT of €4,806 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trip.com Group. Trip.com Group's current EBIT is €4,806 Mil. 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 (WBO:CTRP) is currently considered Significantly Undervalued. The stock's GF Value™ is €69.66, compared to a current price of €40.80 — trading 41.4% below its estimated fair value. The current EBIT is €4,806 Mil. Trip.com Group's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Trip.com Group (WBO:CTRP), the current EBIT is €4,806 Mil as of Dec. 2025. 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 (WBO:CTRP) Overvalued in 2026?

Based on GuruFocus' analysis, Trip.com Group stock appears to be undervalued. The current stock price of €40.80 is trading 41.4% below its estimated GF Value™ of €69.66. GuruFocus considers Trip.com Group to be Significantly Undervalued.

Key valuation signals for WBO:CTRP:

  • EBIT: €4,806 Mil
  • GF Value™: €69.66 vs. price of €40.80 (41.4% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the WBO:CTRP 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.
86GF Score

Get the complete analysis for WBO:CTRP

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

€40.80
Price
€69.66
GF Value