Trip.com Group Reports Strong 2025 Financials, Authorizes $5 Billion Share Repurchase, and Declares Dividend
TCOM is trading near its 52-week low of $48.48 (8.8% above the low).
Summary
Trip.com Group reported strong financial results for 2025, including a near doubling of net income and 17% revenue growth, alongside authorizing a new $5 billion share repurchase program and declaring a $0.30 per share dividend.
Key Events · Earnings and Guidance · TCOM
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Strong 2025 Financial Performance
Net income attributable to Trip.com Group Limited surged to RMB33.3 billion (US$4.76 billion) in 2025, up from RMB17.1 billion in 2024. Total revenues increased by 17% to RMB62.4 billion (US$8.93 billion) in 2025, driven by resilient travel demand.
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New $5 Billion Share Repurchase Program
The board of directors authorized a new share repurchase program in August 2025, allowing for the repurchase of up to an aggregate of US$5 billion of outstanding ordinary shares and/or ADSs.
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Cash Dividend Declared
In February 2025, the board approved a cash dividend of US$0.30 per ordinary share, or US$0.30 per ADS, totaling approximately US$200 million.
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Significant Gain from MakeMyTrip Disposal
The company recorded a RMB15.2 billion (US$2.2 billion) gain from the partial disposal of its investment in MakeMyTrip Limited in July 2025.
Analysis · TCOM · Trade & Services
Trip.com Group's 2025 annual report reveals robust financial performance, with net income attributable to the company nearly doubling year-over-year and total revenues growing by 17%. The company also announced a substantial new share repurchase program of up to $5 billion and a cash dividend of $0.30 per share/ADS, signaling strong financial health and a commitment to shareholder returns. A significant one-time gain of $2.2 billion from the partial disposal of MakeMyTrip Limited further bolstered results. While the filing discloses ongoing legal proceedings, including an SAMR investigation and a securities class action, the overall financial strength and capital allocation initiatives are highly positive for investors.
At the time of this filing, TCOM was trading at $52.75 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $34.4B. The 52-week trading range was $48.48 to $78.99. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.