Hyatt Hotels vs Trip.com Group
Trip.com Group is the larger business, with $8.68bn of revenue in fiscal 2025 against $7.10bn for Hyatt Hotels (1.2 times as much). Trip.com Group grew faster (17.2% against 6.8%). Trip.com Group kept more of each dollar of sales as profit: a net margin of 53.3% against -0.7%. Trip.com Group carries less debt relative to equity (18.0% against 129.2%).
| Latest fiscal year | Hyatt HotelsH, 2025 | Trip.com GroupTCOM, 2025 |
|---|---|---|
| Revenue | $7.10bn | $8.68bn |
| Revenue growth | 6.8% | 17.2% |
| Net income | −$52.0m | $4.63bn |
| Operating margin | — | 25.3% |
| Net margin | -0.7% | 53.3% |
| Return on equity | -1.5% | 21.1% |
| Free cash flow | $159m | $1.89bn |
| Cash | $787m | $5.70bn |
| Total debt | $4.31bn | $4.40bn |
| Debt to equity | 129.2% | 18.0% |
| Dividend per share | — | — |
| Dividend yield | 0.3% | 0.7% |
| Share buybacks | $293m | $612m |
| Employees | — | — |
| Market value | $17.91bn | $27.00bn |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 35 (Weak) | 58 (Moderate) |
| Insider trades, 12 months | 0 buys, 57 sales | 0 buys, 0 sales |