Travel + Leisure TNL Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 93.2%-4.4pp | 97.6%+1.1pp | 96.5%+0.9pp | 95.6%+0.6pp | |
| Operating margin | 14.3%-4.7pp | 19%-0.2pp | 19.2%+0.9pp | 18.3%-1.4pp | |
| Returns | |||||
| Return on invested capital | 25.2%+1.9pp | 23.2%-2.4pp | 25.7%+4.0pp | 21.7%+0.5pp | |
| Efficiency | |||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.5×+0.1× | |
| Leverage | |||||
| Net debt / EBITDA | 4.6×+0.8× | 3.8×-0.1× | 3.9×-0.1× | 4×-0.1× | |
| Valuation | |||||
| Market capitalization | $4.54B+31.6% | $3.45B+22.2% | $2.82B-2.8% | $2.9B-38.8% | |
| Price / sales | 1.1×+0.2× | 0.9×+0.1× | 0.8×-0.1× | 0.8×-0.7× | |
| EV / EBITDA | 11.1×+3.2× | 7.9×+0.6× | 7.3×-0.5× | 7.8×-2.7× | |
| Dividend yield | 3.3%-0.8pp | 4.1%-0.7pp | 4.9%+0.2pp | 4.6%+2.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Travel + Leisure's profit margins?
- Travel + Leisure (TNL) runs a 93.0% gross margin and a 14.3% operating margin, with a 10.4% net margin.
- Where do Travel + Leisure's ratios come from?
- Every ratio is computed from Travel + Leisure's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
