Trip Group Gross Margin 2010-2025 | TCOM
- Trip Group average gross margin for 2024 was 81.47%, a 0.49% decline from 2023.
- Trip Group average gross margin for 2023 was 81.07%, a 5.44% increase from 2022.
- Trip Group average gross margin for 2022 was 76.89%, a 1.65% increase from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.