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 | ABNB | EXPE |
|---|---|---|---|
Price/Earnings (Normalized) | 7.87 | 34.09 | 13.39 |
Price/Book Value | 2.28 | 11.82 | 18.22 |
Price/Sales | 0.52 | 8.10 | 1.95 |
Price/Cash Flow | 6.38 | 20.44 | 8.14 |
Metric | TRIP | ABNB | EXPE |
|---|---|---|---|
Quick Ratio | 1.30 | 1.66 | 0.61 |
Current Ratio | 1.75 | 1.73 | 0.77 |
Interest Coverage | −5.73 | — | 7.59 |
Metric | TRIP | ABNB | EXPE |
|---|---|---|---|
Return on Assets (Normalized) | 3.00% | 18.86% | 9.77% |
Return on Equity (Normalized) | 12.75% | 56.83% | 212.69% |
Return on Invested Capital (Normalized) | 6.35% | 39.49% | 32.08% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Booking Holdings Inc BKNG | LOCK|w&Z!h>!H | LOCK|PBl | $118B | |||
| Airbnb Inc Ordinary Shares - Class A ABNB | LOCK|#f!@@! | LOCK|@% | $110B | |||
| Royal Caribbean Group RCL | LOCK|zxmH$TT | LOCK|Vnt<< | $91B | |||
| Carnival Corporation Ltd CCL | LOCK|<@b#Ks | LOCK|w&WH | $46B | |||
| Viking Holdings Ltd VIK | — | LOCK|&&n | $39B | |||
| Expedia Group Inc EXPE | LOCK|pvK?L@D | LOCK|$#h< | $30B | |||
| Trip.com Group Ltd TRPCF | — | LOCK|%Sbn | $28B | |||
| Trip.com Group Ltd ADR TCOM | LOCK|yQ@Kpv | LOCK|@z@cp | $28B | |||
| Norwegian Cruise Line Holdings Ltd NCLH | LOCK|!p$N<LG | LOCK|c?^bZ | $9B |
United States