TripAdvisor, Inc. (TRIP) intrinsic value & 10-year financials
TripAdvisor, Inc. (TRIP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 2.8% a year to $1.9B, with an average return on invested capital of 3.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $9.32
- Market cap
- $1.2B
- Revenue (FY2025)
- $1.9B
- Revenue growth (10-yr CAGR)
- 2.8%
- ROIC (10-yr avg)
- 3.8%
- Free cash flow (FY2025)
- $163.0M
TRIP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.9B | $40.0M | $0.31 | $163.0M | 4.2% | 8.8% |
| FY2024 | $1.8B | $5.0M | $0.04 | $70.0M | 5.0% | 6.3% |
| FY2023 | $1.8B | $10.0M | $0.08 | $172.0M | 7.0% | 8.7% |
| FY2022 | $1.5B | $20.0M | $0.14 | $344.0M | 6.8% | 5.8% |
| FY2021 | $902.0M | -$148.0M | -$1.08 | $54.0M | -14.5% | -10.1% |
| FY2020 | $604.0M | -$289.0M | -$2.14 | -$249.0M | -54.5% | -25.0% |
| FY2019 | $1.6B | $126.0M | $0.89 | $341.0M | 12.0% | 12.3% |
| FY2018 | $1.6B | $113.0M | $0.81 | $344.0M | 11.3% | 12.9% |
| FY2017 | $1.6B | -$19.0M | -$0.14 | $174.0M | 8.0% | 6.2% |
| FY2016 | $1.5B | $120.0M | $0.82 | $249.0M | 11.2% | 12.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
TripAdvisor, Inc. has demonstrated mature, steady growth, with revenue compounding at 2.8% annually over the past decade.
TripAdvisor, Inc. has historically struggled to out-earn its cost of capital, averaging just 3.8% ROIC.
Over the decade, TripAdvisor, Inc. shows that management has aggressively returned capital to shareholders by retiring 10.9% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, TripAdvisor, Inc. is modeled at -10.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-3.20 per share.