TRIP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $8.51
Market Cap (MRQ) $997M
P/E (TTM) 425.5
EPS (TTM) $0.02
Revenue (TTM) $1.79B
ROE (TTM) 0.78%
Debt/Equity (MRQ) 1.2
52W Range $8–$18

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About TripAdvisor, Inc. - Common Stock Company overview from Wikipedia

05 · wikidata

Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.

Its namesake brand, Tripadvisor.com, operates in 40 countries and 20 languages, and features approximately 1 billion reviews and opinions on roughly 8 million establishments. The company's other brands include Bokun.io, Cruise Critic, FlipKey, TheFork, Holiday Lettings, Housetrip, Jetsetter, Singleplatform, Niumba, SeatGuru, and Viator. The company is headquartered in Needham, Massachusetts.

In 2023, Tripadvisor earned 25 percent of its revenues from Expedia Group and Booking Holdings and their subsidiaries, primarily for pay-per-click advertising.

Matt Goldberg has been Tripadvisor's CEO and president since July 2022.

History

2000–2009

Tripadvisor LLC was founded by Stephen Kaufer, Langley Steinert, Nick Shanny, and Thomas Palka in February 2000. Kaufer came up with the idea of such a company after being frustrated with planning a family vacation.

In September 2000, before the website was launched, the company obtained $2 million in seed money financing from Flagship Ventures, the Bollard Group, and private investors.

By 2004, the website had 5 million unique visitors per month. That same year, the company was acquired by IAC/InterActiveCorp. In August 2005, IAC spun off its travel group of businesses under Expedia.

In 2007 and 2008, the company acquired several travel-related websites. In 2007, it purchased Smarter Travel Media and its associated sites, including SeatGuru.com and Cruise Critic. In 2008, it acquired Holiday Watchdog, Airfarewatchdog, VirtualTourist, OneTime.com, and a majority stake in FlipKey.

In April 2009, Tripadvisor launched in China. The company acquired Kuxun.cn, China's second-largest consumer travel site and hotel and flight search engine, in October 2009. In August 2015, Kuxun was sold to Meituan.

2010–2019

In June 2010, the company acquired holidaylettings.co.uk, the largest independent vacation rental website in the United Kingdom. In September 2010, SmarterTravel, part of TripAdvisor Media Group, launched SniqueAway (now Jetsetter), the first members-only site where each travel deal is endorsed by member reviews. In July 2011, the company acquired Where I've Been, a Chicago-based Facebook app.

In December 2011, Expedia completed the corporate spin-off of Tripadvisor into a public company, with shares trading on NASDAQ under the symbol TRIP.

Between 2012 and 2014, the company acquired several travel-related businesses. These included Wanderfly in 2012; Jetsetter, GateGuru, and Oyster.com in 2013; and Vacation Home Rentals, Tripod, LaFourchette (later renamed theFork), Viator, Mytable, Restopolis, and Tripbod in 2014.

In 2015, the company acquired Iens, a Dutch restaurant review website; SeatMe, a Dutch table reservation website, ZeTrip, Inc., including its product Rove, a personal journal app; Portuguese startup BestTables, and Australian startup Dimmi for $25 million. In April 2016, the company acquired HouseTrip, a holiday rental marketplace based in London. In August 2016, Tripadvisor acquired Citymaps.com, which developed a social mapping site and cross-platform map engine based on OpenStreetMap data. In April 2018, the company acquired Icelandic startup Bokun, a provider of software for travel booking, and in November 2018, the company added DoorDash to its restaurant listings.

In December 2019, Tripadvisor acquired SinglePlatform, a platform that syndicates restaurant menus, from its parent company, Endurance International Group, for $51 million. The company also acquired BookATable from Michelin Guide.

2020–present

In February 2020, the company changed its name from TripAdvisor to Tripadvisor, using a lowercase "a".

In April 2020, during the COVID-19 pandemic, Tripadvisor announced 600 layoffs in Canada and the United States and 300 more in other countries as part of a 25% reduction in workforce. The company also closed offices in downtown Boston and San Francisco. In July 2020, Tripadvisor sold 8 brands to Hopjump: Smarter Travel, Airfarewatchdog, BookingBuddy, OneTime, Oyster.com, Family Vacation Critic, What To Pack, and Holiday Watchdog.

On December 8, 2020, China blocked 105 apps, including Tripadvisor, from mobile app stores. The Cyberspace Administration of China stated that the apps were "illegal", and that public concerns were raised around "obscene, pornographic and violent information or fraud, gambling and prostitution".

In December 2020, the Tripadvisor.com website drew 90.2 million visits, and the Tripadvisor app was among the top 10 travel apps in 26 countries as of January 2021.

In May 2022, Matt Goldberg was announced as the new CEO of Tripadvisor, replacing Stephen Kaufer.

In April 2025, Tripadvisor completed a $430 million acquisition of its parent company, Liberty Tripadvisor Holdings.

In November 2025, Tripadvisor announced plans to merge Viator and Tripadvisor under one team to create a new 'experience-led' operating model. In the same month, the company launched an AI-powered Tripadvisor app within ChatGPT. Users logged-in to ChatGPT can use the app to plan vacations, read reviews, and ask questions. Users can also ask the app to help them plan a specific trip.

Controversies

Review system

Tripadvisor has been the subject of controversy for allowing unsubstantiated anonymous reviews to be posted about any hotel, bed and breakfast, inn, or restaurant.

In May 2021, Tripadvisor was criticized for allowing an offensive review to be posted about the Auschwitz-Birkenau State Museum in which a visitor described bringing a baby to the gas chambers. Tripadvisor initially stated the review complied with submission guidelines, but later removed it following backlash on social media.

Fake reviews

The common presence of fake reviews on Tripadvisor's website has led to criticism of the company. In March 2014, Tripadvisor's Chinese site came under significant public scrutiny when one particular user was found to have reviewed 51 Parisian restaurants in one month, while also reviewing 50 hotels in other countries. Separately, in November 2017, Oobah Butler, a journalist for Vice Media, claimed to have made money posting positive reviews for restaurants he never visited, in exchange for payment.

In October 2015, an ex-hotel manager at Meriton said guests were offered inducements to change ratings they left on the site. In 2018, Meriton was fined AU$3 million by the Australian Competition & Consumer Commission for misleading consumers.

In September 2019, the consumer group Which? said that Tripadvisor had not done enough to prevent fake reviews. In a survey of nearly 250,000 reviews of the top ten hotels in ten popular tourist destinations, it found that about one in seven reviews showed clear signs of being fake positive reviews.

Phantom establishments

In May 2013, a fake restaurant was set up by a disgruntled businessman and reportedly had diners looking for the eatery in an alley filled with rubbish bins. The fake listing went undetected on Tripadvisor for about two months.

In November 2017, journalist Oobah Butler used fake reviews to boost a nonexistent restaurant named The Shed at Dulwich to the top of Tripadvisor rankings for restaurants in London.

Crime-related reviews

In November 2017, Tripadvisor removed reviews by two women who reported that they were raped at the Iberostar Paraiso Maya in Playa del Carmen in separate incidents in 2010 and 2015. One case involved a hotel security guard. The women said hotel staff promised to contact authorities but did not do so. After the women posted warnings on Tripadvisor, their reviews were deleted. One review was later restored, while the other was not. Reports also identified at least 12 similar incidents at hotels and resorts in Mexico, where warnings posted on Tripadvisor were removed or not published.

Malicious reviews

In 2012, an action was brought in a Sheriff Court in Scotland by Richard Gollin, the owner of a guesthouse in the Outer Hebrides, who claimed damages for malicious statements. Tripadvisor first asserted that the Scottish courts lacked jurisdiction since it is based in the United States. However, it later conceded that it could be sued in the UK's jurisdiction. The court ruled that Tripadvisor's terms of use constituted a contract, which was actionable/enforceable by the business being reviewed. The case was found to involve issues relating to the Unfair Terms in Consumer Contracts Act of 1977, and these issues were referred to a higher court in Stornoway. The plaintiff eventually dropped the case because he could not afford to pursue it. In March 2015, Dietmar Doering, a German hotelier based in Sri Lanka, accused Tripadvisor of hosting malicious reviews of his resort, The Cosy Beach in Marawila. He claimed he was compelled to take legal action for the estimated damages of US$500,000.

Politically motivated reviews

In 2019, a guesthouse being used as the headquarters for Reform UK was "trolled" by hundreds of users leaving one-star reviews on Tripadvisor. The guesthouse in Norfolk was owned by the husband of Catherine Blaiklock, the leader of the political party.

Improper commercial practices

In December 2014, the Italian Antitrust Authority fined Tripadvisor €500,000 for improper commercial practices on the Tripadvisor website. The Italian Authority said Tripadvisor and its Italian arm should stop publishing misleading information about the sources of the reviews. In June 2015, a fake restaurant created by a newspaper rose to the top of the site's rankings in Italy.

In August 2013, Kenneth Seaton lost a $10 million lawsuit against the company in which he claimed that the ranking for his Grand Resort Hotel and Convention Center in Pigeon Forge, Tennessee, as "America's dirtiest hotel" was based on unsubstantiated rumors.

Breaches of advertising standards

In September 2011, after receiving a complaint submitted by online investigations company KwikChex, the UK Advertising Standards Authority (ASA) launched a formal investigation into Tripadvisor's claims to provide trustworthy and honest reviews from travelers. The ASA found that Tripadvisor "should not claim or imply that all its reviews were from real travellers, or were honest, real or trusted", and as a result of the investigation, Tripadvisor was ordered to remove the slogan "reviews you can trust" from its UK website. It changed its hotel review section slogan to "reviews from our community." Tripadvisor said the branding change had been planned for some time and that changes began in June 2011, before the ASA investigation. ASA commented that "it was concerned that consumers might be fooled by fraudulent posts since the entries could be made without any form of verification", but recognized that Tripadvisor used "advanced and highly effective fraud systems" in an attempt to identify and remove fake content.Approximately 30 hotels have been penalized on the website by the company for suspicious reviews, including a Cornwall hotel that bribed guests to leave positive reviews of the hotel.

Tripadvisor has stated that reviews are subject to a verification process that considers the IP address and email address of the author, and tries to detect any suspicious patterns or obscene or abusive language. The website also allows the community of users to report suspicious content, which is then assessed by Tripadvisor staff.

Drip pricing

In July 2012, Tripadvisor was fined $80,000 by the United States Department of Transportation for violating fair trading regulations requiring taxes and fees to be shown for prices quoted for airfares, a practice known as drip pricing. The rule had come into effect in January of that year.

Involvement in Israeli settlements

On 12 February 2020, the United Nations published a database of all business enterprises involved in specified activities relating to the Israeli settlements in the Palestinian territories, including East Jerusalem, and in the Golan Heights. Tripadvisor has been listed on the database in light of its involvement in activities related to "the provision of services and utilities supporting the maintenance and existence of settlements". The international community considers Israeli settlements built on land occupied by Israel to be in violation of international law.

Denigration

On November 21, 2022, the Paris Commercial Court ordered Tripadvisor to pay €57,000 in damages and other costs to Viaticum, the company that operates the Bourse-des-vols.com website, for denigration.

British guest jailed over sexual harassment complaint

In 2024, Craig Barratt and his wife, Sarah, a British couple, became involved in a legal dispute in Qatar after Sarah alleged that she had been sexually harassed by two men while staying at the Ritz-Carlton Doha. According to the couple, one of the men asked for her room number and made sexually explicit remarks that caused her to fear for her safety. Barratt subsequently complained to the hotel, whose management allegedly reviewed security footage and identified the men.

Following the incident, Barratt posted a review on Tripadvisor warning that the hotel was unsafe for women. The review was reportedly removed after the hotel complained, and the hotel’s authorised representative subsequently filed a criminal complaint against Barratt under Qatar’s cybercrime legislation. Barratt said that he was not informed of the proceedings and was convicted in absentia by a Qatari court in February 2025.

Barratt discovered the conviction when he was detained at Hamad International Airport in June 2025. According to statements by the couple, he was sentenced to one week in prison, fined 20,000 Qatari riyals and ordered to be deported; the imprisonment sentence was later removed on appeal. He was detained again in October 2025, reportedly spending four nights in custody before being deported from Qatar.

The case attracted attention because of allegations that a hotel guest’s complaint about the handling of sexual harassment resulted in criminal proceedings against her husband. Barratt said that the case had broader implications for international visitors and the use of Qatar’s cybercrime laws, while the account was presented primarily through statements by the couple and media reports. Qatar’s legal system places a high burden on complainants in sexual-assault cases, and sexual relations outside marriage are illegal, according to British government travel guidance.

Awards

In 2019, Tripadvisor was named America's Best Midsize Employer by Forbes.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorCommunication Services industryMedia employees2,465 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$1.89B
2016-12-31 → 2025-12-31
EPS$0.31
2016-12-31 → 2025-12-31
Free Cash Flow$163M
2016-12-31 → 2025-12-31
Net margin0.28%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend TRIP 5Y avg Peer Median Verdict
P/E (TTM) 425.55Y avg ≈157.7 ≈157.7 12.5 Overvalued
P/S (TTM) 0.65Y avg ≈1.8 ≈1.8 1.1 Undervalued
P/B (MRQ) 1.55Y avg ≈2.9 ≈2.9 2.1 Overvalued
EV / EBITDA 14.75Y avg ≈10.8 ≈10.8 20.7 Overvalued
Price / FCF (TTM) 7.05Y avg ≈24.6 ≈24.6 · ·
Price / Cash Flow (TTM) 4.95Y avg ≈13.8 ≈13.8 6.8 Fair value
EV / Revenue (TTM) 0.55Y avg ≈1.7 ≈1.7 · ·
EV / FCF (TTM) 6.95Y avg ≈24.1 ≈24.1 · ·
Price / Tangible Book (MRQ) 1.6 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Ex-dateAmountCurrencyYield
Nov 19, 2019$3.50USD≈12.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 25.7%
Next Report Nov 04, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 5, 2026 $0.35 $0.37 -6.4%
March 31, 2026 $-0.11 $-0.07 -67.2%
Dec. 31, 2025 $0.04 $0.14 -71.4%
Sept. 30, 2025 $0.65 $0.56 15.5%
June 30, 2025 $0.46 $0.41 12.3%
March 31, 2025 $0.14 $0.04 271.4%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 16
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $1.89B$1.83B$1.79B$1.49B$902M$604M$1.56B$1.61B$1.56B$1.48B$1.49B$1.25B
Cost of Revenue $145M$128M$119M$78M········
SG&A Expense $68M$91M$79M$74M$167M$173M$187M$177M$157M$143M$210M$128M
Operating Expenses $1.81B$1.74B$1.66B$1.39B$1.03B$933M$1.37B$1.43B$1.43B$1.31B$1.26B$906M
Operating Income $80M$92M$126M$101M$-131M$-329M$187M$183M$124M$166M$232M$340M
Interest Expense ··$44M$44M$45M$35M$7M$12M$15M$12M$10M$9M
Interest Income $40M$48M$47M$15M$1M$3M$17M$7M$1M···
Other Non-op $-12M$-7M$-4M$-5M$-10M$-8M$-3M$-5M$1M$-3M$17M$-9M
Pretax Income $45M$87M$125M$67M$-185M$-369M$194M$173M$110M$151M$239M$322M
Income Tax $5M$82M$115M$47M$-37M$-80M$68M$60M$129M$31M$41M$96M
Net Income $40M$5M$10M$20M$-148M$-289M$126M$113M$-19M$120M$198M$226M
EPS (Basic) $0.32$0.04$0.07$0.14$-1.08$-2.14$0.91$0.82$-0.14$0.83$1.38$1.58
EPS (Diluted) $0.31$0.04$0.08$0.14$-1.08$-2.14$0.89$0.81$-0.14$0.82$1.36$1.55
Shares (Basic) 125,000,000139,000,000139,000,000140,000,000137,000,000135,000,000139,000,000138,000,000140,000,000145,443,000143,836,000142,721,000
Shares (Diluted) 131,000,000145,000,000145,000,000146,000,000137,000,000135,000,000141,000,000140,000,000140,000,000146,893,000145,967,000145,800,000
EBITDA $80M$92M$126M$101M$-131M$-329M$187M$183M$124M$166M$232M$340M
Balance Sheet 29
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $978M$1.06B$1.07B$1.02B$723M$418M$319M$655M$673M$612M$614M$455M
Short-term Investments $0$0$0$0$0$0$0$15M$35M$118M$47M$108M
Receivables $175M$207M$192M$205M$105M$70M$176M$205M$230M$189M$180M$151M
Prepaid Expense $41M$49M$38M$44M$26M$22M$27M$33M$25M$31M$24M$23M
Current Assets $1.29B$1.32B$1.30B$1.27B$940M$573M$533M$915M$993M$950M$865M$737M
PP&E (Net) $164M$200M$191M$194M$215M$240M$270M$253M$263M$260M$247M$195M
PP&E (Gross) $830M$767M$742M$706M$675M$626M$589M$493M$440M$371M$335M$186M
Accum. Depreciation $538M$567M$551M$512M$460M$386M$319M$240M$177M$111M$88M$77M
Goodwill $724M$814M$829M$822M$843M$862M$840M$756M$758M$736M$732M$734M
Intangibles $33M$36M$43M$51M$65M$86M$110M$118M$142M$167M$176M$214M
Other Non-current Assets $34M$43M$44M$93M$94M$104M$95M$86M$73M$67M$46M$37M
Total Assets $2.63B$2.56B$2.54B$2.57B$2.29B$1.97B$1.98B$2.17B$2.27B$2.24B$2.13B$1.95B
Accounts Payable $16M$49M$28M$39M$27M$18M$11M$15M$8M$14M$10M$19M
Accrued Liabilities $200M$249M$252M$247M$231M$160M$203M$151M$148M$127M$123M$114M
Short-term Debt $353M$5M$0·····$7M$80M$1M$78M
Current Liabilities $998M$628M$572M$533M$357M$242M$435M$393M$372M$423M$312M$381M
Capital Leases $27M$11M$6M$15M$29M$46M$64M$83M$84M$84M$84M$67M
Deferred Tax $1M$1M$1M$1M$1M$10M$8M$21M$14M$12M$15M$29M
Other Non-current Liabilities $96M$104M$197M$265M$215M$223M$238M$282M$293M$210M$189M$154M
Total Liabilities $1.98B$1.62B$1.67B$1.71B$1.50B$1.08B$823M$696M$909M$736M$716M$823M
Long-term Debt $819M$831M$839M········$300M
Total Debt $1.17B$836M$839M$836M$833M$491M··$237M$171M$201M$300M
Common Stock $100.0K$0$0$0$0·······
Retained Earnings $317M$276M$271M$261M$241M$389M$681M$1.04B$926M$945M$826M$628M
Treasury Stock $90M$847M$822M$722M$722M$722M$607M$547M$447M$197M$92M$145M
AOCI $-42M$-91M$-71M$-82M$-56M$-34M$-63M$-62M$-42M$-77M$-63M$-31M
Stockholders' Equity $645M$943M$871M$861M$789M$886M$1.16B$1.47B$1.36B$1.50B$1.41B$1.12B
Liabilities + Equity $2.63B$2.56B$2.54B$2.57B$2.29B$1.97B$1.98B$2.17B$2.27B$2.24B$2.13B$1.95B
Shares Outstanding 114,472,043153,655,038149,775,361146,891,538144,656,649140,775,221138,698,307137,158,010135,617,263134,706,467133,836,242132,315,465
Cash Flow 17
Metric Trend 202520242023202220212020201920182017201620152014
D&A $92M$85M$87M$97M$111M$125M$126M$116M····
Stock-based Comp $108M$120M$96M$88M$120M$109M$124M$118M$96M$85M$72M$63M
Deferred Tax $-2M$-14M$-25M$-19M$-44M$-1M$6M$-6M$29M$-20M$-37M$-17M
Amort. of Intangibles $3M$6M$9M$13M$20M$26M$33M$34M$32M$32M$36M$18M
Restructuring $43M$21M$22M··$41M$1M·····
Operating Cash Flow $245M$144M$235M$400M$108M$-194M$424M$405M$238M$321M$418M$407M
CapEx $82M$74M$63M$56M$54M$55M$83M$61M$64M$72M$109M$81M
Investing Cash Flow $-84M$-73M$-63M$-52M$-54M$-56M$-176M$-49M$6M$-163M··
Net Debt Issued ··········$-300M$-40M
Stock Repurchased $90M$25M$100M$0$0$115M$60M$100M$250M$105M··
Net Stock Activity $-90M$-25M$-100M$0·$-115M$-60M$-100M$-250M$-105M··
Dividends Paid ······$488M·····
Financing Cash Flow $-197M$-63M$-127M$-27M$263M$341M$-580M$-358M$-200M$-143M··
Net Change in Cash $-29M$-3M$46M$298M$305M$99M$-336M$-18M$61M$-2M$159M$104M
Taxes Paid $29M$170M$140M$-40M$5M$3M$47M$53M$62M$29M$43M$54M
Free Cash Flow $163M$70M$172M$344M$54M$-249M$341M$344M$174M$249M$273M$306M
Levered FCF ··$168M$331M$18M$-276M$336M$336M$177M$239M$265M$300M
Profitability 7
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 4.2%5.0%7.0%6.8%-14.5%-54.5%12.0%·8.0%11.2%15.6%27.3%
Net Margin 2.1%0.27%0.56%1.3%-16.4%-47.9%8.1%·-1.2%8.1%13.3%18.1%
Pretax Margin 2.4%4.7%7.0%4.5%-20.5%-61.1%12.4%·7.1%10.2%16.0%25.8%
EBITDA Margin 4.2%5.0%7.0%6.8%-14.5%-54.5%12.0%·8.0%11.2%15.6%27.3%
ROA 1.5%0.20%0.39%0.82%-7.0%-14.6%6.1%5.1%-0.84%5.5%9.7%13.2%
ROE 6.3%0.53%1.2%2.4%-18.7%-32.2%9.0%7.8%-1.3%8.2%15.6%22.7%
ROIC 3.9%0.30%0.59%1.8%-6.5%-18.7%10.5%8.1%-1.3%7.9%11.9%16.8%
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 1.32.12.32.42.62.41.22.32.72.22.82.0
Quick Ratio 1.22.02.22.22.32.01.12.22.52.22.71.9
Debt / Equity 1.80.91.01.01.10.6··0.20.10.10.3
LT Debt / Equity 1.30.91.01.01.10.6··0.20.10.10.2
Interest Coverage ··2.92.3-2.9-9.426.715.28.313.823.237.8
Efficiency 2
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.70.70.70.60.40.30.8·0.70.70.70.7
Receivables Turnover 9.19.29.010.710.34.98.2·7.48.09.09.4
Per Share 6
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $5.63$7.40$6.97$6.72$6.27$7.27$9.32$11.76$10.81$11.44$10.66$8.65
Revenue / Share $14.44$12.66$12.33$10.22$6.58$4.47$11.06·$11.08$10.08$10.22$8.55
Cash Flow / Share $1.87$0.99$1.62$2.74$0.79$-1.44$3.01$2.89$1.69$2.19$2.62$2.65
Cash / Share $9.04$8.35$8.54$7.97$5.75$3.43$2.56$5.24$5.34$4.66$4.64$3.50
Dividend / Share $0.00$0.00$0.00$0.00$0.00$0.00$3.50$0.00$0.00$0.00$0.00$0.00
EPS (TTM) $0.31$0.04$0.08$0.14$-1.08$-2.14$0.89$0.81$-0.14$0.82$1.36$1.55
Growth Rates 7
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 3.0%2.6%19.8%65.4%49.3%·······
Revenue CAGR 3Y 8.2%26.7%43.6%·········
Revenue CAGR 5Y 25.6%···········
EPS YoY 675.0%-50.0%-42.9%·········
EPS CAGR 3Y 30.3%···········
Net Income YoY 700.0%-50.0%-50.0%·········
Net Income CAGR 3Y 26.0%···········
Valuation (TTM) 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $1.89B$1.83B$1.79B$1.49B$902M$604M$1.56B$1.61B$1.56B$1.48B$1.49B$1.25B
Net Income TTM $40M$5M$10M$20M$-148M$-289M$126M$113M$-19M$120M$198M$226M
Market Cap $1.67B$1.88B$2.69B$2.30B$3.43B$3.51B$3.78B$6.75B$4.35B$6.09B$11.29B$9.71B
Enterprise Value $1.80B$1.65B$2.46B$2.12B$3.54B$3.58B··$3.88B$5.53B$10.83B$9.45B
P/E 47.0369.2269.1128.4-25.2-13.434.166.6-246.156.562.748.2
P/S 0.91.01.51.53.85.82.44.22.84.17.67.8
P/B 2.62.03.12.74.34.03.34.63.24.18.08.6
P / Tangible Book ·20.2··········
P / Cash Flow 6.813.111.45.831.8-18.18.916.718.319.029.625.1
P / FCF 10.226.915.66.763.5-14.111.119.625.024.541.431.7
EV / EBITDA 22.518.019.521.0-27.0-10.9··31.333.346.727.8
EV / FCF 11.123.614.36.265.5-14.4··22.322.239.730.9
EV / Revenue 1.00.91.41.43.95.9··2.53.77.37.6
Dividend Yield ······12.9%·····
Earnings Yield 2.1%0.27%0.37%0.78%-4.0%-7.4%2.9%1.5%-0.41%1.8%1.6%2.1%
Payout Ratio ······387.3%·····
Annual Payout ······$488M·····

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $1.89B $1.83B $1.79B $1.49B $902M
Operating Margin % 4.2% 5.0% 7.0% 6.8% -14.5%
Net Income $40M $5M $10M $20M $-148M
Diluted EPS $0.31 $0.04 $0.08 $0.14 $-1.08

Institutional owners (13F) 333 filers · $2.3B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 333
Value held $2.3B
New positions 57
Exited positions 47
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
57 (-12 vs prior Q) 47 (-20 vs prior Q) 115 (+1 vs prior Q) 91 (+6 vs prior Q) +14.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $239,064,998 17,437,272 10.41% Shares
VANGUARD GROUP INC $182,989,147 12,567,936 7.97% Shares
AMERIPRISE FINANCIAL INC $144,604,813 10,547,286 6.30% Shares
Nuveen, LLC $97,380,766 7,102,901 4.24% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $93,589,848 6,826,393 4.07% Shares
Certares Management LLC $77,264,561 4,751,818 3.36% Shares
VANGUARD CAPITAL MANAGEMENT LLC $71,646,883 5,225,885 3.12% Shares
CITADEL ADVISORS LLC $70,649,001 5,153,100 3.08% Put option
Starboard Value LP $69,879,815 5,096,996 3.04% Shares
DIMENSIONAL FUND ADVISORS LP $68,255,600 4,978,278 2.97% Shares
STATE STREET CORP $68,084,491 4,966,046 2.96% Shares
PAR CAPITAL MANAGEMENT INC $55,827,860 4,072,054 2.43% Shares
CITADEL ADVISORS LLC $49,933,191 3,642,100 2.17% Call option
MORGAN STANLEY $46,116,749 3,363,730 2.01% Shares
ROYAL BANK OF CANADA $42,259,000 3,082,222 1.84% Shares
UBS Group AG $41,394,672 3,019,305 1.80% Shares
GEODE CAPITAL MANAGEMENT, LLC $40,959,582 2,986,977 1.78% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $37,724,436 2,751,600 1.64% Call option
MONIMUS CAPITAL MANAGEMENT, LP $34,428,867 2,511,223 1.50% Shares
Rubric Capital Management LP $33,440,198 2,439,110 1.46% Shares
DME Capital Management, LP $32,382,650 2,361,973 1.41% Shares
Technology Crossover Management IX, Ltd. $31,272,510 2,281,000 1.36% Shares
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ $30,963,569 2,258,466 1.35% Shares
GOLDMAN SACHS GROUP INC $28,204,882 2,057,249 1.23% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $24,745,727 1,804,940 1.08% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $22,133,424 1,614,400 0.96% Put option
HBK INVESTMENTS L P $20,766,921 1,514,728 0.90% Shares
Invesco Ltd. $20,115,531 1,467,216 0.88% Shares
U S GLOBAL INVESTORS INC $19,111,384 1,393,974 0.83% Shares
NORTHERN TRUST CORP $17,840,645 1,301,287 0.78% Shares
Converium Capital Inc. $16,851,536 1,229,142 0.73% Shares
NOMURA HOLDINGS INC $16,627,392 1,212,793 0.72% Shares
HBK INVESTMENTS L P $16,170,945 1,179,500 0.70% Put option
River Road Asset Management, LLC $13,763,442 1,003,898 0.60% Shares
JUPITER ASSET MANAGEMENT LTD $13,111,641 956,356 0.57% Shares
Empyrean Capital Partners, LP $11,338,170 827,000 0.49% Shares
VANGUARD FIDUCIARY TRUST CO $11,001,014 802,408 0.48% Shares
JANE STREET GROUP, LLC $10,112,496 737,600 0.44% Call option
Walleye Trading LLC $10,037,091 732,100 0.44% Call option
Bank of New York Mellon Corp $9,963,287 726,717 0.43% Shares
JPMORGAN CHASE & CO $9,890,939 699,870 0.43% Shares
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. $9,817,566 716,088 0.43% Shares
WITTENBERG INVESTMENT MANAGEMENT, INC. $9,426,722 687,580 0.41% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $9,094,008 663,312 0.40% Shares
DCM Advisors, LLC $8,780,432 640,440 0.38% Shares
D. E. Shaw & Co., Inc. $8,648,268 630,800 0.38% Shares
JANE STREET GROUP, LLC $7,788,651 568,100 0.34% Put option
PRINCIPAL FINANCIAL GROUP INC $7,755,596 565,689 0.34% Shares
Callodine Capital Management, LP $7,312,215 533,349 0.32% Shares
Quantinno Capital Management LP $7,273,251 530,507 0.32% Shares

Show all 333 institutional owners →

Activists & 5%+ owners 4 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Starboard Value LP, STARBOARD VALUE & OPPORTUNITY MASTER FUND LTD, STARBOARD VALUE & OPPORTUNITY S LLC, Starboard Value & Opportunity Master Fund L LP, Starboard Value L LP, Starboard Value R GP LLC, Starboard X Master Fund Ltd, Starboard Value GP LLC, Starboard Principal Co LP, Starboard Principal Co GP LLC, Smith Jeffrey C, Feld Peter A ×5 filings April 3, 2026 4.40% Amendment · SEC
Liberty TripAdvisor Holdings, Inc. ×9 filings April 29, 2025 0.00% Amendment M&A / sale SEC
Liberty TripAdvisor Holdings, Inc. (1) March 24, 2021 · Initial filing · SEC
Liberty Interactive Corporation ×5 filings Aug. 29, 2014 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 40 insiders · 14 officers · 25 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Almir Ambeskovic CEO, TheFork Sept. 2, 2026 S 30,456 0 4 $-282,163
Matt Goldberg CEO and President Aug. 14, 2026 M 276,426 0 0 $0
Stephen Kaufer President and CEO Feb. 18, 2022 M 799,215 0 0 $0
Barrie Seidenberg CEO, Viator, Inc. March 9, 2017 M 0 0 0 $0
Michael Noonan CFO & SVP Aug. 14, 2026 M 147,217 0 0 $0
Ernst Teunissen Chief Financial Officer Nov. 15, 2022 M 36,183 0 0 $0
Julie Mb Bradley SVP, CFO, Treasurer Oct. 2, 2015 M 31,768 0 0 $0
Dermot Halpin President, Rentals&Experiences Feb. 15, 2020 M 18,039 0 0 $0
Kristen Ann Dalton Chief Strategy & Ops Officer Aug. 14, 2026 M 125,080 0 2 $-388,260
Christiaan-Pepijn Rijvers Chief Business Officer July 31, 2026 M 12,860 0 0 $0
Seth J Kalvert Chief Legal Officer & Sec. May 1, 2026 F 201,479 0 0 $0
Kanika Soni Chief Commercial Officer Feb. 15, 2023 M 117,263 0 0 $0
Lindsay Nelson Chief Experience&Brand Officer Feb. 15, 2022 M 49,120 0 0 $0
Noel Bertram Watson Chief Accounting Officer June 15, 2019 M 1,649 0 0 $0
Laura Bisesto Director June 29, 2026 A 17,818 0 0 $0
Alex Dichter Director June 29, 2026 A 27,647 0 0 $0
Carl Sparks Director June 29, 2026 A 17,818 0 0 $0
Cates Andrew F. Director June 29, 2026 A 33,704 0 0 $0
Dhiren R. Fonseca Director June 29, 2026 A 39,430 0 0 $0
Jeremy Philips Director June 18, 2025 A 92,654 0 0 $0
Betsy L. Morgan Director June 18, 2025 A 82,042 0 0 $0
Katryn Blake Director June 18, 2025 A 82,042 0 0 $0
OHara Michael Gregory Director June 18, 2025 A 74,552 0 0 $0
Robert S Wiesenthal Director June 18, 2025 A 92,654 0 0 $0
Albert E Rosenthaler Director June 18, 2025 A 111,848 0 0 $0
Gregory B Maffei Director June 18, 2025 A 153,140 0 0 $0
Liberty TripAdvisor Holdings, Inc. Director April 29, 2025 J 0 0 0 $0
Jie Sun Director June 11, 2024 A 55,764 0 0 $0
Jay C Hoag Director June 11, 2024 A 68,674 0 0 $0
Spencer M Rascoff Director Dec. 4, 2019 A 27,219 0 0 $0
Dipchand Nishar Director June 21, 2019 D 15,059 0 0 $0
Cassidy Sukhinder Singh Director June 22, 2017 A 6,994 0 0 $0
Christopher W Shean Director Dec. 15, 2014 A 7,297 0 0 $0
Jon Miller Director Dec. 15, 2014 A 12,940 0 0 $0
BARRY DILLER Director Feb. 28, 2013 M 55,928 0 0 $0
Dara Khosrowshahi Director Dec. 21, 2012 M 233,007 0 0 $0
Victor Kaufman Director Dec. 21, 2012 M 5,406 0 0 $0
Qurate Retail, Inc. 10% owner Aug. 27, 2014 J 0 0 0 $0
Expedia Group, Inc. 10% owner Dec. 20, 2011 J 0 0 0 $0
Geoffrey Gouvalaris · Aug. 14, 2026 M 108,518 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 54 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PEJ · Invesco Exchange-Traded Fund Trust 2.49% 1,053,218 SH Oct. 2, 2026 Daily
RNIN · EA Series Trust 1.25% 161,411 NS July 31, 2026 N-PORT
EBIZ · Global X Funds 1.13% 22,634 NS July 31, 2026 N-PORT
PSCU · Invesco Exchange-Traded Fund Trust … 1.02% 17,521 SH Oct. 2, 2026 Daily
HAPS · Harbor ETF Trust 0.42% 50,069 NS July 31, 2026 N-PORT
RZG · Invesco Exchange-Traded Fund Trust 0.26% 36,817 SH Oct. 2, 2026 Daily
CALF · Pacer Funds Trust 0.20% 514,365 NS July 31, 2026 N-PORT
VIOG · VANGUARD ADMIRAL FUNDS 0.17% 138,506 SH Aug. 19, 2026 Daily
EBIT · Harbor ETF Trust 0.12% 1,042 NS July 31, 2026 N-PORT
RWJ · Invesco Exchange-Traded Fund Trust … 0.11% 257,227 SH Oct. 2, 2026 Daily
DFSV · Dimensional ETF Trust 0.11% 612,308 NS July 31, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.10% 327,402 SH Oct. 2, 2026 Daily
SMDX · Tidal Trust III 0.10% 9,377 NS July 31, 2026 N-PORT
VIOO · VANGUARD ADMIRAL FUNDS 0.09% 407,301 SH Aug. 19, 2026 Daily
FCOM · FIDELITY COVINGTON TRUST 0.08% 103,137 NS July 31, 2026 N-PORT
VOX · VANGUARD WORLD FUND 0.08% 348,375 SH Aug. 19, 2026 Daily
QVMS · Invesco Exchange-Traded Fund Trust … 0.07% 18,965 SH Oct. 2, 2026 Daily
FYX · First Trust Exchange-Traded AlphaDE… 0.07% 63,628 NS July 31, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.06% 29,909 NS July 31, 2026 N-PORT
RSSL · Global X Funds 0.05% 54,709 NS July 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.05% 658,366 SH Aug. 19, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.05% 46,613 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.05% 65,249 SH Aug. 19, 2026 Daily
DFAT · Dimensional ETF Trust 0.04% 425,559 NS July 31, 2026 N-PORT
IWO · iShares Trust 0.04% 570,859 SH Sept. 11, 2026 Daily
DFAS · Dimensional ETF Trust 0.03% 359,656 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.03% 2,927,159 SH Sept. 11, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.03% 1,695,688 SH Aug. 19, 2026 Daily
PNQI · Invesco Exchange-Traded Fund Trust 0.03% 17,449 SH Oct. 1, 2026 Daily
DXUV · Dimensional ETF Trust 0.02% 9,382 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.02% 1,331,987 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.02% 2,672,215 SH Aug. 19, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.01% 2,909 SH Oct. 2, 2026 Daily
TILT · FlexShares Trust 0.01% 14,062 NS July 31, 2026 N-PORT
WSML · iShares Trust 0.01% 6,832 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.01% 233,695 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.01% 10,839 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.01% 13,406 NS July 31, 2026 N-PORT
IGM · iShares Trust 0.00% 56,177 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.00% 30,535 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.00% 21,339 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 148,865 SH Sept. 11, 2026 Daily
DFAU · Dimensional ETF Trust 0.00% 11,154 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.00% 28,416 SH Sept. 10, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 3,690,140 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 84,767 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 9,480 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.00% 25,668 SH Aug. 19, 2026 Daily
IJR · iShares Trust · 7,117,430 SH Sept. 10, 2026 Daily
IJT · iShares Trust · 1,102,158 SH Sept. 9, 2026 Daily
IWN · iShares Trust · 499,215 SH Sept. 11, 2026 Daily
XJR · iShares Trust · 16,120 SH Aug. 31, 2026 Daily
ISCB · iShares Trust · 5,039 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 24,394 SH Sept. 11, 2026 Daily

TRIP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 21 analysts HOLD
Median target $13.00 +52.8%
3 14.3% Strong Buy
1 4.8% Buy
10 47.6% Hold
4 19.0% Sell
3 14.3% Strong Sell

12-Month Price Target

15 analysts · 2026-09-28

Mean target $13.87 +62.9%

← Below all targets Current price $8.51
Low$9.00 Mean$13.87 High$21.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TRIP $1.67B 47.0 3.0% 2.1% 6.3% ·
GRND $2.51B 31.5 27.6% 21.5% 80.7% ·
ZD $1.35B 30.6 3.5% 3.3% 2.6% ·
YELP $1.82B 13.6 3.8% 9.9% 20.0% ·
WBTN $1.70B -4.9 2.5% -25.0% -26.2% ·
GTM $3.13B 26.8 2.9% 9.9% 8.1% 84.0%
FUBO $5.13B -28.0 18.6% -10.6% -31.6% ·
NXDR · -15.0 4.2% -21.0% -12.6% ·
TBLA · · · · · ·
QNST $828M 10.5 18.3% 6.3% 26.3% 11.3%
EVER · 10.3 38.5% 14.3% 48.6% ·

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23

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26

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Source: SEC 10-Q filed Aug 6, 2026