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Travel + Leisure TNL Price / earnings

Price / earnings at other companies

Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
15.1×-4.2×
Marriott Vacations Worldwide logo
Marriott Vacations WorldwideVAC
13.3×+0.5×
Airbnb logo
AirbnbABNB
31.6×+0.5×
Hilton Grand Vacations logo
Hilton Grand VacationsHGV
19.4×-84.8×
Walt Disney logo
Walt DisneyDIS
14.2×-8.2×
RLJ Lodging Trust logo
RLJ Lodging TrustRLJ
65.3×+45.9×

Other financials

Income statement

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Revenue$1.1B+4.4%
Gross profit$1.0B+3.7%
Operating income$210.0M+1.9%
Net income$109.0M+0.9%
EPS (diluted)$1.72+6.2%

Balance sheet

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Cash & equivalents$471.0M+21.7%
Total debt$4.5B+4.4%
Total equity-$1.0B-19.6%
Total assets$6.9B+1.3%

Cash flow

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Operating cash flow$220.0M-5.2%
CapEx$25.0M-32.4%
Free cash flow$195.0M0.0%

Valuation

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Market cap$4.77B+22.5%
Enterprise value$8.81B+12.5%
P/S1.2×+0.2×

Profitability

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Gross margin92.9%-5.1pp
Operating margin14.2%-5.1pp
Net margin10.4%-0.6pp
FCF margin10.8%-1.8pp

Returns & leverage

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Return on equity122.1%
Debt / equity6.6×
Current ratio1.2×

Where this comes from

Calculated from Travel + Leisure’s reported figures.

Based on the most recent quarter.

The source filing: Travel + Leisure’s 10-Q, filed October 22, 2025. Open the filing →

Filed
Oct 22, 2025, 9:17 AM EDT
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001361658-25-000315

FAQ

What is Travel + Leisure's price / earnings?
Travel + Leisure (TNL) reported price / earnings of 9.4× in Q3 2025.
How has Travel + Leisure's price / earnings changed year-over-year?
Travel + Leisure's price / earnings increased by 21.4% year-over-year, from 7.7× to 9.4×.
What is the long-term trend for Travel + Leisure's price / earnings?
Over 3 years (2021 to 2024), Travel + Leisure's price / earnings has grown at a -18.3% compound annual growth rate (CAGR), from 15.4× to 8.4×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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