Company profile

Ticker
TRIP
Exchange
CEO
Stephen Kaufer
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
800743202

TRIP stock data

(
)

Calendar

6 Aug 20
12 Aug 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Sep 19
Revenue 59M 278M 335M 428M
Net income -153M -16M 16M 50M
Diluted EPS -1.14 -0.12 0.11 0.36
Net profit margin -259% -5.76% 4.78% 11.68%
Operating income -164M -27M 23M 68M
Net change in cash -100M 479M -509M -42M
Cash on hand 698M 798M 319M 828M
Cost of revenue
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.56B 1.62B 1.56B 1.48B
Net income 126M 113M -19M 120M
Diluted EPS 0.89 0.81 -0.14 0.82
Net profit margin 8.08% 7.00% -1.22% 8.11%
Operating income 187M 183M 124M 166M
Net change in cash -203M -141M 68M -3M
Cash on hand 319M 522M 663M 595M
Cost of revenue

Financial data from TripAdvisor earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
15 Jul 20 Jie Sun Common Stock Grant Aquire A No 0 8,241 0 8,241
15 Jun 20 Gouvalaris Geoffrey Common Stock Payment of exercise Dispose F No 20.41 262 5.35K 3,489
15 Jun 20 Gouvalaris Geoffrey Common Stock Option exercise Aquire M No 20.41 891 18.19K 3,751
15 Jun 20 Gouvalaris Geoffrey RSU Common Stock Option exercise Dispose M No 0 891 0 891
15 Jun 20 Teunissen Ernst 02494 Common Stock Payment of exercise Dispose F No 20.41 7,269 148.36K 9,119
15 Jun 20 Teunissen Ernst 02494 Common Stock Option exercise Aquire M No 20.41 16,388 334.48K 16,388
15 Jun 20 Teunissen Ernst 02494 RSU Common Stock Option exercise Dispose M No 0 16,388 0 16,389
15 Jun 20 Kalvert Seth J Common Stock Payment of exercise Dispose F No 20.41 3,346 68.29K 24,172
15 Jun 20 Kalvert Seth J Common Stock Option exercise Aquire M No 20.41 9,013 183.96K 27,518
15 Jun 20 Kalvert Seth J RSU Common Stock Option exercise Dispose M No 0 9,013 0 9,013
80.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 293 351 -16.5%
Opened positions 38 68 -44.1%
Closed positions 96 71 +35.2%
Increased positions 100 123 -18.7%
Reduced positions 105 109 -3.7%
13F shares
Current Prev Q Change
Total value 20.05B 23.67B -15.3%
Total shares 97.25M 106.22M -8.4%
Total puts 5.83M 3.78M +54.1%
Total calls 1.83M 2.41M -24.4%
Total put/call ratio 3.2 1.6 +103.7%
Largest owners
Shares Value Change
BLK BlackRock 11.31M $196.63M -9.9%
Vanguard 10.24M $178.08M -2.5%
Eagle Capital Management 8.48M $147.55M +0.3%
Renaissance Technologies 4.1M $71.38M +44.9%
FIL 3.71M $64.59M -18.8%
STT State Street 3.49M $60.65M -0.1%
Par Capital Management 3.38M $58.76M 0.0%
Arrowstreet Capital, Limited Partnership 2.85M $49.51M +146.2%
Aqr Capital Management 2.44M $42.46M -9.0%
Technology Crossover Management IX 2.28M $39.67M 0.0%
Largest transactions
Shares Bought/sold Change
Jackson Square Partners 0 -1.77M EXIT
Arrowstreet Capital, Limited Partnership 2.85M +1.69M +146.2%
Two Sigma Advisers 1.57M +1.51M +2238.2%
Renaissance Technologies 4.1M +1.27M +44.9%
BLK BlackRock 11.31M -1.24M -9.9%
Ennismore Fund Management 0 -1.17M EXIT
Marshall Wace 276 -1.15M -100.0%
BAC Bank of America 1.59M +1.15M +262.8%
Norges Bank 0 -1.13M EXIT
Citadel Advisors 17.64K -1.07M -98.4%

Financial report summary

?
Competition
MicrosoftInternationalExpediaOpentableTravelzooKayak SoftwareExpediaFacebookBaiduYelp
Risks
  • Declines or disruptions in the travel industry have had a material adverse impact on the Company’s business, results of operations and financial condition. Increased and/or prolonged government restrictions and regulation, including various travel and mobility restrictions related to COVID-19, could continue to negatively impact our business, results of operations and financial condition and could cause the market price of our common stock to decline.
  • If we are unable to continue to attract a significant amount of visitors to our websites and mobile apps, to cost-effectively convert these visitors into revenue-generating users and to continue to engage our users, our revenue, financial results and business could be harmed.
  • We derive a substantial portion of our revenue from advertising and any significant reduction in spending by advertisers or redirections of advertising spend could harm our business.
  • We rely on a relatively small number of significant advertising partners and any reduction in spending by or loss of these partners could seriously harm our business.
  • Consumer adoption and use of mobile devices creates new challenges. If we are unable to operate effectively on these platforms or our products for such devices are not compelling, our business may be adversely affected.
  • We operate in an increasingly competitive global environment and our failure to compete effectively could reduce our market share and harm our financial performance.
  • We rely on information technology to operate our business and remain competitive, and any failure to adapt to technological developments or industry trends could harm our businesses.
  • If we do not continue to innovate and provide products, services and features that are useful to users, we may not remain competitive, and our business and financial performance could suffer.
  • Our dedication to making the user experience our highest priority may cause us to prioritize rapid innovation and user experience over short-term financial results.
  • We are dependent upon the quality of traffic in our network to provide value to our partners, and any failure in our ability to deliver quality traffic and/or the metrics to demonstrate the value of the traffic could have a material adverse effect on the value of our websites to our partners and adversely affect our revenue.
  • We rely on the performance of highly skilled personnel and, if we are unable to retain or motivate key personnel or hire, retain and motivate qualified personnel, our business would be harmed.
  • Acquisitions, investments, significant commercial arrangements and/or new business strategies could disrupt our ongoing business and present new challenges and risks.
  • If we fail to manage our growth effectively, our brand, results of operations and business could be harmed.
  • We are a global company that operates in many different jurisdictions and these operations expose us to additional risks, which risks increase as our business continues to expand.
  • We are regularly subject to claims, lawsuits, government investigations, and other proceedings that may result in adverse outcomes.
  • A failure to comply with current laws, rules and regulations or changes to such laws, rules and regulations and other legal uncertainties may adversely affect our business or financial performance.
  • We cannot be sure that our intellectual property is protected from copying or use by others, including potential competitors.
  • Our processing, storage and use of personal information and other data subjects us to additional laws and regulations and failure to comply with those laws and regulations could give rise to liabilities.
  • We are subject to risks associated with processing credit card and other payment transactions and failure to manage those risks may subject us to fines, penalties and additional costs and could have a negative impact on our business.
  • System security issues, data protection breaches, cyberattacks and system outage issues could disrupt our operations or services provided to our consumers, and any such disruption could damage our reputation and adversely affect our business, financial results and stock price.
  • Evolving guidance on use of "cookies" and similar technology could negatively impact the way we do business.
  • We may have future capital needs and may not be able to obtain additional financing on acceptable terms.
  • We have indebtedness which could adversely affect our business and financial condition.
  • Our 2015 Credit Facility, as amended, requires us to meet certain financial covenants and our 2015 Credit Facility and the Indenture impose certain negative covenants on the Company and our operations. The failure to meet these financial covenants and comply with these covenants could have a material adverse effect on our ability to operate our business, meet us.
  • Our financial results will fluctuate from quarter to quarter and are difficult to predict.
  • If we are unable to successfully maintain effective internal control over financial reporting, investors may lose confidence in our reported financial information and our stock price and business may be adversely impacted.
  • Our effective income tax rate is impacted by a number of factors that could have a material impact on our financial results and could increase the volatility of those results.
  • Application of U.S. state and local or international tax laws, changes in tax laws or tax rulings, or the examination of our tax positions, could materially affect our financial position and results of operations.
  • Changes in the tax treatment of companies engaged in e-commerce may adversely affect the commercial use of our sites and our financial results.
  • Taxing authorities may successfully assert that we should have collected or in the future should collect sales and use, occupancy, VAT or similar taxes, and we could be subject to liability with respect to past or future sales, which could adversely affect our operating results.
  • We continue to be subject to significant potential tax liabilities in connection with the Spin-Off.
  • We are subject to fluctuation in foreign currency exchange risk.
  • Liberty Tripadvisor Holdings, Inc. currently is a controlling stockholder.
  • The market price and trading volume of our common stock may be volatile and may face negative pressure.
  • We are currently relying on the “controlled company” exemption under Nasdaq Stock Market Listing Rules, pursuant to which “controlled companies” are exempt from certain corporate governance requirements otherwise applicable under Nasdaq listing rules.
  • We do not pay regular quarterly or annual cash dividends on our stock.
  • Future sales of shares of our common stock in the public market, or the perception that such sales may occur, may depress our stock price.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: bankruptcy, CPA, cure, disposal, disqualified, grace, guarantor, indenture, injury, insolvency, MAP, modest, modification, Mutual, nonpayment, Procedure, protracted, quarantine, ratably, receipt, redemption, reinstate, reinstated, rendering, repaid, resurgence, shape, trustee, uncollectible, upcoming, vaccine, Wilmington, write
Removed: ABR, adjust, Alternate, benchmark, branded, branding, Chase, diverse, educating, efficient, Fed, govern, greatest, impacting, instant, leaving, LIBO, matter, Morgan, positioning, Prime, ranging, recording, withdrawal, York