Trip.com Group (Trip.com Group) Net Margin %

: 33.59% (As of Sep. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Trip.com Group's Net Income for the three months ended in Sep. 2023 was $632 Mil. Trip.com Group's Revenue for the three months ended in Sep. 2023 was $1,883 Mil. Therefore, Trip.com Group's net margin for the quarter that ended in Sep. 2023 was 33.59%.

The historical rank and industry rank for Trip.com Group's Net Margin % or its related term are showing as below:

TCOM' s Net Margin % Range Over the Past 10 Years
Min: -17.73 Med: 5.3 Max: 23.01
Current: 22.33

TCOM's Net Margin % is ranked better than
88.55% of 821 companies
in the Travel & Leisure industry
Industry Median: 4.75 vs TCOM: 22.33

Trip.com Group Net Margin % Historical Data

The historical data trend for Trip.com Group's Net Margin % 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.

* Premium members only.

Trip.com Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

19.66

-17.73

-2.75

7.00

22.28

Trip.com Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																40.92	36.69	5.61	33.59	12.56

Competitive Comparison

For the Travel Services subindustry, Trip.com Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Net Margin % falls into.

Trip.com Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Trip.com Group's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	201.242	/	2874.335
	=	7.00 %

Trip.com Group's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	632.374	/	1882.733
	=	33.59 %

Trip.com Group (NAS:TCOM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Trip.com Group Net Margin % Related Terms

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Trip.com Group (Trip.com Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (NAS:TCOM) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TRPCF:USA 09961:Hong Kong 0I50:UK CLVB:Germany CLVB:Germany CLV:Germany CLV:Germany CRIP34:Brazil

Address

968 Jin Zhong Road, Shanghai, CHN, 200335

Website

https://www.ctrip.com

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 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. 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.