Side by sideAlibaba (9988.HK) and Trip.com (9961.HK)Memos of October 12, 2026 and October 17, 2026
Alibaba vs Trip.com stock: the numbers side by side (October 2026)
How do Alibaba and Trip.com compare?
| Alibaba 9988.HK | Trip.com 9961.HK | |
|---|---|---|
| Operating margin | 4.9%Mar 2026 | 25.3%2025 |
| Free cash flow | -50,724RMB millions · Mar 2026 | 13,582RMB millions · 2025 |
| Free cash flow yield | -2.8%Today (Oct 12, 2026) | 8.0%Today (Oct 17, 2026) |
| Dividend yield | 1.0%Today (Oct 12, 2026) | 0.7%Today (Oct 17, 2026) |
| P/E, last 12 months | 25.70xToday (Oct 12, 2026) | 7.8xToday (Oct 17, 2026) |
| P/E, next 12 months | 12.07xToday (Oct 12, 2026) | 11.4xToday (Oct 17, 2026) |
| Weighted price forecast, about 1 year | 98.99 (-8 %)October 2027 | 330.34 (+5 %)October 2027 |
| Weighted price forecast, about 3 years | 146.52 (+38 %)October 2029 | 422.75 (+36 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Operating margin | Trip.com | The higher figure |
| Free cash flow | Trip.com | The higher figure |
| Free cash flow yield | Trip.com | The higher figure |
| Dividend yield | Alibaba | The higher figure |
| P/E, last 12 months | Trip.com | The lower figure |
| P/E, next 12 months | Trip.com | The lower figure |
| Weighted price forecast, about 1 year | Trip.com | The higher weighted return |
| Weighted price forecast, about 3 years | Alibaba | The higher weighted return |
What does each company do?
Alibaba connects shoppers with merchants through Taobao and Tmall, and serves businesses through cloud, AI and logistics.
Alibaba (9988.HK), from our memo of October 12, 2026 · Alibaba stock forecast
Trip.com Group runs online travel agencies (OTAs: websites and apps where travelers compare and book trips) through Ctrip, Qunar and Trip.com.
Trip.com (9961.HK), from our memo of October 17, 2026 · Trip.com stock forecast
More on Alibaba
More on Trip.com
Side by side
Tencent vs AlibabaAlibaba vs NetEaseAlibaba vs MeituanAlibaba vs JD.comAlibaba vs Kuaishou TechnologyMeituan vs Trip.com