Tripadvisor's third-quarter revenue decreased 11%, and adjusted EBITDA was down 34% as marketing and technology deleveraged. Current CEO Matt Goldberg is to depart in February, and CFO Michael Noonan has resigned. Shares were down about 20% during Nov. 5 trading.
Penetration levels are low and growing in the experience markets. Tripadvisor is well positioned to benefit over the long term, given its critical-mass revenue share.
Metasearch has lower barriers than online travel agencies, and is facing competition from agentic artificial intelligence, which could meaningfully affect the firm’s growth outlook.
Metric | TRIP | BKNG | EXPE |
|---|---|---|---|
Price/Earnings (Normalized) | 8.04 | 16.81 | 13.61 |
Price/Book Value | 2.33 | — | 18.53 |
Price/Sales | 0.53 | 4.43 | 1.98 |
Price/Cash Flow | 6.52 | 14.90 | 8.28 |
Metric | TRIP | BKNG | EXPE |
|---|---|---|---|
Quick Ratio | 1.30 | 1.04 | 0.61 |
Current Ratio | 1.75 | 1.11 | 0.77 |
Interest Coverage | −5.73 | 8.58 | 7.59 |
Metric | TRIP | BKNG | EXPE |
|---|---|---|---|
Return on Assets (Normalized) | 3.00% | 25.47% | 9.77% |
Return on Equity (Normalized) | 12.75% | — | 212.69% |
Return on Invested Capital (Normalized) | 6.35% | 66.51% | 32.08% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Booking Holdings Inc BKNG | LOCK|&<$>rnj? | LOCK|<xF | $119B | |||
| Airbnb Inc Ordinary Shares - Class A ABNB | LOCK|CT&#fms | LOCK|%f | $110B | |||
| Royal Caribbean Group RCL | LOCK|$L!YfW$N | LOCK|^cdN | $86B | |||
| Carnival Corporation Ltd CCL | LOCK|t@#!dh | LOCK|wz?< | $44B | |||
| Viking Holdings Ltd VIK | — | LOCK|Q^ | $40B | |||
| Expedia Group Inc EXPE | LOCK|Tww^%h | LOCK|TcP> | $31B | |||
| Trip.com Group Ltd TRPCF | — | LOCK|wm#V | $27B | |||
| Trip.com Group Ltd ADR TCOM | LOCK|G#NGBK> | LOCK|^%QR< | $27B | |||
| Norwegian Cruise Line Holdings Ltd NCLH | LOCK|PB#wx$< | LOCK|N^!x | $8B |
United States