Trip.com Group Limited (TCOM) vs Ulta Beauty, Inc. (ULTA)
A side-by-side comparison of Trip.com Group Limited and Ulta Beauty, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
TCOM
Trip.com Group Limited
$38.09Consumer CyclicalDelayed quote: Oct 2, 2026, 4:00 PM EDT
ULTA
Ulta Beauty, Inc.
$543.69Consumer CyclicalDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — TCOM vs ULTA
growth of $100 · dividends reinvested · last 10yTCOM -15.8% (-1.7%/yr)ULTA +126.3% (+8.5%/yr)ULTA compounded faster over this window
TCOM ULTA
TCOM vs ULTA: by the numbers
- •TCOM is the larger company ($24.74B vs $23.37B market cap).
- •TCOM trades at the lower trailing earnings multiple (7.88 vs 19.79 P/E), one valuation lens rather than an overall verdict.
- •TCOM converts more revenue to profit (36.17% vs 9.34% net margin).
- •TCOM grew revenue faster over the past five years (24.78% vs 11.09% CAGR).
Metrics side by side
Valuation
| Metric | TCOM | ULTA |
|---|---|---|
| P/E ratio | 7.88 | 19.79 |
| Forward P/E | N/A | 18.74 |
| PEG ratio | N/A | 0.38 |
| P/S ratio | 2.64 | 1.80 |
| P/B ratio | 1.06 | 8.84 |
| EV / EBITDA | N/A | 13.21 |
| FCF yield | N/A | 4.57% |
Profitability
| Metric | TCOM | ULTA |
|---|---|---|
| Gross margin | 80.04% | 39.32% |
| Operating margin | 25.27% | 12.56% |
| Net margin | 36.17% | 9.34% |
| ROE | 14.49% | 45.77% |
| ROIC | 4.23% | 23.11% |
Growth (annualized)
| Metric | TCOM | ULTA |
|---|---|---|
| Revenue CAGR (5Y) | 24.78% | 11.09% |
| EPS CAGR (5Y) | N/A | 52.46% |
| FCF CAGR (5Y) | N/A | 0.06% |
| Total return CAGR (5Y) | 4.66% | 7.88% |
Frequently asked
- Which has the lower trailing P/E, TCOM or ULTA?
- TCOM has the lower trailing P/E: TCOM trades at 7.88 and ULTA at 19.79. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, TCOM or ULTA?
- Over the past five years, TCOM grew revenue faster — TCOM at a 24.78% CAGR versus ULTA at 11.09%.
- Is TCOM or ULTA more profitable?
- TCOM runs the higher net margin — TCOM at 36.17% versus ULTA at 9.34%.
- How have TCOM and ULTA total returns compared?
- Over the past 10 years, TCOM delivered -1.77% and ULTA delivered 8.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Trip.com P/E ratioUlta Beauty P/E ratioTrip.com ROEUlta Beauty ROETrip.com operating marginUlta Beauty operating marginTrip.com revenue growthUlta Beauty revenue growthTrip.com free cash flowUlta Beauty free cash flow
Trip.com & Ulta Beauty appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.