Is the business good?
How good a business is TRIP?
Tripadvisor, Inc. earns 8.2% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
8.2%
Return on invested capital · cost of capital 9.0% · 0.82 points below what the capital costs: growth destroys value
- Operating margin
- 3.7%
Operating margin · Travel Services median 16% · 12 months to Q1 2026
- Share count, year on year
- −18%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 92%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −54% |
| FY2021 | −15% |
| FY2022 | 6.8% |
| FY2023 | 7.0% |
| FY2024 | 5.0% |
| FY2025 | 4.2% |
Details›
- Gross margin12 months to Q1 2026
- 92%
- Operating margin12 months to Q1 2026
- 3.7%
- Net margin12 months to Q1 2026
- 0.99%
- Free cash flow margin
- 9.7%
- Revenue, trailing twelve months
- $1.88B
- Free cash flow, trailing twelve months
- $182M
- Net income, trailing twelve months
- $19M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.2%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.