Trip.com GroupTCOM 79 ROE % is 10.15% as of Dec. 2025, which is 395% above its 10-year median of 2.05. GuruFocus rates TCOM with a GF Score™ of 79/100 and a GF Value™ of $79.05 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 824 Travel & Leisure companies, Trip.com Group ranks better than 83.25% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Trip.com Group's annualized net income for the quarter that ended in Dec. 2025 was $2,431 Mil. Trip.com Group's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $23,944 Mil. Therefore, Trip.com Group's annualized ROE % for the quarter that ended in Dec. 2025 was 10.15%.
The historical rank and industry rank for Trip.com Group's ROE % or its related term are showing as below:
TCOM'
s ROE % Range Over the Past 10 Years
Min: -3.3 Med: 2.05 Max: 21.56
Current: 21.54
During the past 13 years, Trip.com Group's highest ROE % was 21.56%. The lowest was -3.30%. And the median was 2.05%.
TCOM's ROE % is ranked better than 83.25% of 824
companies
in the Travel & Leisure industry
Industry Median: 5.485
vs TCOM: 21.54
Trip.com Group (NAS:TCOM) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Trip.com Group ROE % Related Terms
Trip.com Group ROE % Historical Data
* Premium members only.
The historical data trend for Trip.com Group's ROE % 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.
For the Travel Services subindustry, Trip.com Group's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's ROE % distribution charts can be found below:
* The bar in red indicates where Trip.com Group's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Trip.com Group (TCOM) has a ROE % of 10.15% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Trip.com Group and its competitors. This is 395% above median its historical median of 2.05. According to the industry distribution chart, Trip.com Group ranks #138 out of 824 companies in the Travel & Leisure industry, placing it in the top 16.7%.
Is Trip.com Group's ROE % too high?
Trip.com Group's current ROE % of 10.15% is 395% above median its 10-year median of 2.05. The Travel & Leisure industry median ROE % is 5.49. Trip.com Group's value of 10.15% is 85.1% above this industry median. Based on the distribution chart, Trip.com Group ranks #138 out of 824 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 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trip.com Group's ROE % compare to EXPE and CCL?
According to the Travel & Leisure industry distribution chart, Trip.com Group ranks #138 out of 824 companies for ROE %. This places Trip.com Group in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 5.49. Trip.com Group's value of 10.15% is 85.1% above this benchmark. While the company's 10-year median is 2.05 vs. the industry median of 5.49, Trip.com Group has consistently been above 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 ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trip.com Group's current ROE % of 10.15% is 85.1% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Trip.com Group and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trip.com Group's current ROE % is 10.15%, which is 395% above median its own 10-year median of 2.05. 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 (TCOM) is currently considered Significantly Undervalued. The stock's GF Value™ is $79.05, compared to a current price of $46.30 — trading 41.4% below its estimated fair value. The current ROE % is 10.15%, which is 395% above median its 10-year median of 2.05 and 85.1% above the Travel & Leisure industry median of 5.49. Trip.com Group's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Trip.com Group (TCOM), the current ROE % is 10.15% 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 (TCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Trip.com Group stock appears to be undervalued.
The current stock price of $46.30 is trading 41.4% below its estimated GF Value™ of $79.05.
GuruFocus considers Trip.com Group to be Significantly Undervalued.
Key valuation signals for TCOM:
ROE %: 10.15% (395% above median its 10-year median of 2.05)
GF Value™: $79.05 vs. price of $46.30 (41.4% below fair value)
Industry Position: 85.1% above the Travel & Leisure median (#138 of 824)
No single metric tells the full story. See the TCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
79GF Score
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