TNL vs HST vs H Stock Comparison

Travel & Leisure, Host Hotels & Resorts and Hyatt Hotels Prices as of Oct 26, 2026 Peers: Industry group
TNL Travel & Leisure Co.
$65.70 +3.2% 1M +0.8% 1Y
Market cap
$4.09B
P/E
17.2x
Revenue (TTM)
$4.09B
Div. yield
0.04%
Vacation Ownership Consumer Discretionary
2 wins
H Hyatt Hotels Corp
$172.02 +8.6% 1M +15.6% 1Y
Market cap
$16.01B
P/E
202.6x
Revenue (TTM)
$7.15B
Div. yield
0.00%
Hotels Consumer Discretionary
3 wins

Head to Head

12 decided of 12

Host Hotels & Resorts leads on 7 of the 12 questions below (Host Hotels & Resorts 7, Hyatt Hotels 3, Travel & Leisure 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTNLHSTHLeader
Larger companyMarket capitalisation $4.09B $17.08B $16.01B HST
Cheaper on earningsLower P/E, profitable companies only 17.2x 16.6x 202.6x HST
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.1x 17.3x 47.3x TNL
Faster revenue growthRevenue growth, trailing twelve months +4.5% +4.9% +5.8% H
More profitableNet margin, trailing twelve months 5.8% 16.5% 1.1% HST
Better return on capitalReturn on invested capital 14.4% 7.4% -23.6% TNL
Less leveragedLower net debt / EBITDA 5.4x 1.8x -0.7x H
Higher dividend yieldTrailing dividend yield 0.04% 0.04% 0.00% HST
Better 1-year returnPrice return, last 12 months +0.8% +52.0% +15.6% HST
Better 5-year returnAnnualised price return, 5 years +4.2%/yr +8.4%/yr +15.0%/yr H
Less volatileAnnualised volatility, 1 year 33.1% 25.5% 34.7% HST
Higher overall scoreMean of the five percentile scores vs peers 59/100 74/100 25/100 HST

Percentile Scorecard

TNLHSTH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTNLHSTH
Valuation 93 #3 of 29 85 #22 of 145 7 #27 of 29
Growth 36 #17 of 26 66 #49 of 142 32 #18 of 26
Profitability 60 #11 of 26 70 #42 of 136 24 #20 of 26
Financial Health 17 #26 of 31 77 #33 of 139 40 #19 of 31
Shareholder Returns 90 #3 of 20 72 #37 of 131 21 #16 of 20
Overall 59 74 25
  • TNL ranked among 32 companies in Travel and Lodging
  • HST ranked among 149 companies in Property REITs
  • H ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTNLHSTHSPY
1 month +3.2%+11.8%+8.6% -0.8%
3 months -13.9%+0.4%-10.0% +3.5%
6 months +0.6%+20.0%+4.9% +7.0%
Year to date -6.8%+41.3%+7.3% +12.2%
1 year +0.8%+52.0%+15.6% +13.0%
3 years +102.0%+66.5%+73.3% +86.3%
3 years, per year +26.4%+18.5%+20.1% +23.1%
5 years +22.8%+49.7%+100.8% +68.6%
5 years, per year +4.2%+8.4%+15.0% +11.0%
10 years +129.8%+67.0%+253.4% +258.0%
10 years, per year +8.7%+5.3%+13.5% +13.6%

Risk

MeasureTNLHSTHSPY
Volatility, 1Y 33.1%25.5%34.7% 12.7%
Downside volatility, 1Y 37.5%25.3%33.7% 12.7%
Beta vs S&P 500, 1Y 0.950.670.97 1.00
Return / volatility, 1Y 0.022.040.45 1.02
Max drawdown, 5Y -47.6%-40.2%-37.3% -25.4%
From 52-week high -16.6%-1.9%-14.9% -1.8%
52-week high $78.74$25.54$202.09 $779.14
52-week low $61.25$16.02$135.42 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTNLHSTH
P/E now vs peer median 17.2xmedian 18.8x 16.7xmedian 27.4x 205.3xmedian 18.8x
P/S now vs peer median 1.0xmedian 1.5x 2.8xmedian 4.2x 2.3xmedian 1.5x
EV/EBITDA now vs peer median 11.2xmedian 15.2x 11.9xmedian 14.2x -4.0xmedian 15.2x
P/FCF now vs peer median 9.1xmedian 16.1x 16.9xmedian 23.2x 64.4xmedian 16.1x
P/B now vs peer median -3.9xmedian 2.5x 2.7xmedian 1.3x 4.5xmedian 2.5x
PEG now vs peer median -2.13median 0.38 1.39median 2.11 -4.91median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTNLHSTH
Revenue $4.09B $6.22B $7.15B
Gross profit $3.80B $1.68B $1.45B
Operating income $560.00M $905.00M -$5.27B
Net income $238.00M $1.04B $81.00M
Free cash flow $442.00M $1.02B $252.00M
EPS (diluted) $3.75 $1.49 $0.82
Cash & equivalents – $1.95B $537.00M
Total debt $3.70B $5.08B $19.28B
Shares (diluted) 63.40M 687.00M 96.70M
Enterprise value $4.09B $12.12B $13.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTNLHSTH
P/E 17.2x 16.7x 205.3x
P/FCF 9.1x 16.9x 64.4x
P/Operating cash flow 7.4x 10.7x 36.6x
P/S 1.0x 2.8x 2.3x
P/B -3.9x 2.7x 4.5x
P/Tangible book -3.3x 2.7x 10.8x
EV/EBITDA 11.2x 11.9x -4.0x
EV/EBIT 13.8x 22.4x -3.8x
EV/Revenue 1.9x 3.3x 2.8x
EV/FCF 17.5x 20.0x 79.0x
EV/Operating cash flow 14.2x 12.6x 44.9x
PEG (3Y EPS CAGR) -2.13 1.39 -4.91

Growth

14 metrics
MetricTNLHSTH
Revenue growth (1Y) 4.5% 4.9% 5.8%
Revenue CAGR (3Y) 3.8% 6.0% 3.2%
Gross profit growth (1Y) -0.9% 3.6% 3.1%
Gross profit CAGR (3Y) 2.5% -4.7% -5.0%
Operating income growth (1Y) -26.0% 6.0% -5.3%
Operating income CAGR (3Y) -5.9% 3.2% -5.9%
Net income growth (1Y) -40.1% 55.8% -81.4%
Net income CAGR (3Y) -13.3% 10.6% -43.5%
EPS growth (1Y) -37.1% 57.4% -81.9%
EPS CAGR (3Y) -8.1% 12.0% -41.8%
Operating cash flow growth (1Y) -8.6% 12.4% 47.7%
Operating cash flow CAGR (3Y) 19.2% 1.7% -12.5%
Free cash flow growth (1Y) -10.7% 874.8% 90.9%
Free cash flow CAGR (3Y) 18.4% 16.6% -19.6%

Profitability

14 metrics
MetricTNLHSTH
Gross margin 92.9% 27.0% 20.3%
EBITDA margin 16.8% 27.4% -69.3%
Operating margin 13.7% 14.6% -73.7%
Pretax margin 8.5% 17.6% 3.2%
Net margin 5.8% 16.5% 1.1%
FCF margin 10.8% 16.3% 3.5%
Operating cash flow margin 13.3% 25.8% 6.2%
Return on equity – 15.8% 2.3%
Return on assets 3.5% 7.9% 0.6%
Return on invested capital 14.4% 7.4% -23.6%
Return on capital employed – – -49.4%
Asset turnover 0.6x 0.5x 0.5x
Cash conversion (OCF / net income) 2.3x 1.5x 5.5x
Stock comp / revenue 1.4% 0.4% 1.0%

Financial Health

11 metrics
MetricTNLHSTH
Debt / assets 53.7% 38.3% 30.6%
Debt / equity -3.6x 0.8x 1.2x
Net debt / EBITDA 5.4x 1.8x -0.7x
Debt / FCF 8.4x 5.0x 17.0x
Liabilities / assets 114.8% 51.8% 74.1%
Equity / assets -14.8% 48.2% 25.9%
Interest coverage 1.5x 3.8x -17.2x
Current ratio – – 0.6x
Quick ratio – – 0.5x
Cash ratio – – 0.2x
Altman Z-score – – 0.45

Shareholder Returns

7 metrics
MetricTNLHSTH
Dividend yield 3.6% 3.8% 0.3%
Net buyback yield 7.4% 0.4% 1.8%
Shareholder yield 11.0% 4.2% 2.1%
Payout ratio (earnings) 62.6% 62.6% 70.4%
Payout ratio (FCF) 33.7% 64.2% 22.6%
Dividend growth (1Y) 1.4% 3.8% 0.0%
Dividend CAGR (3Y) 2.8% 13.8% 52.7%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTNLHSTH
Forward P/E 9.1xFY2026 17.3xFY2026 47.3xFY2026
EPS, next fiscal year $7.22FY2026 $1.45FY2026 $3.64FY2026
EPS growth, next FY +13.9%FY2026 +31.8%FY2026 +66.2%FY2026
EPS growth, the year after +24.9% -30.3% +40.1%
Revenue, next fiscal year $4.44BFY2026 $6.54BFY2026 $7.49BFY2026
Revenue growth, next FY +10.5%FY2026 +7.0%FY2026 +5.6%FY2026
Revenue growth, the year after +2.4% -0.4% +6.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTNLHSTH
Held by institutions 100.0% 100.0% 100.0%
Institutions holding 473 737 528
Change in shares held, QoQ +5.0% +2.7% +2.2%
Institutions buying 199 432 239
Institutions selling 193 209 178
Buyers to sellers 1.03 2.07 1.34

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TNLHSTH
TNL 1.00 0.55 0.65
HST 0.55 1.00 0.65
H 0.65 0.65 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TNL, HST and H?

Host Hotels & Resorts (HST) is the largest by market capitalisation: Travel & Leisure (TNL) $4.09B, Host Hotels & Resorts (HST) $17.08B, Hyatt Hotels (H) $16.01B.

Which stock is cheaper, TNL, HST and H?

Host Hotels & Resorts (HST) trades on the lowest price-to-earnings ratio (Travel & Leisure (TNL) 17.2x, Host Hotels & Resorts (HST) 16.6x, Hyatt Hotels (H) 202.6x). On next year's consensus earnings, Travel & Leisure (TNL) is cheapest (Travel & Leisure (TNL) 9.1x, Host Hotels & Resorts (HST) 17.3x, Hyatt Hotels (H) 47.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hyatt Hotels (H) grew revenue fastest over the trailing twelve months: Travel & Leisure (TNL) +4.5%, Host Hotels & Resorts (HST) +4.9%, Hyatt Hotels (H) +5.8%.

Which company is more profitable?

Host Hotels & Resorts (HST) has the highest net margin (Travel & Leisure (TNL) 5.8%, Host Hotels & Resorts (HST) 16.5%, Hyatt Hotels (H) 1.1%). On return on invested capital, Travel & Leisure (TNL) leads (Travel & Leisure (TNL) 14.4%, Host Hotels & Resorts (HST) 7.4%, Hyatt Hotels (H) -23.6%).

Which stock has performed better?

Over the past year Host Hotels & Resorts (HST) returned the most: Travel & Leisure (TNL) +0.8%, Host Hotels & Resorts (HST) +52.0%, Hyatt Hotels (H) +15.6%. Over five years, Hyatt Hotels (H) compounded fastest (Travel & Leisure (TNL) +4.2%/yr, Host Hotels & Resorts (HST) +8.4%/yr, Hyatt Hotels (H) +15.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Host Hotels & Resorts (HST) has the highest dividend yield: Travel & Leisure (TNL) 0.04%, Host Hotels & Resorts (HST) 0.04%, Hyatt Hotels (H) 0.00%.

Which stock is riskier?

By one-year price volatility, Host Hotels & Resorts (HST) has been the steadiest (Travel & Leisure (TNL) 33.1%, Host Hotels & Resorts (HST) 25.5%, Hyatt Hotels (H) 34.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TNL, HST and H?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Host Hotels & Resorts (HST) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.