Travel & Leisure (TNL) Change in Inventory (2009 - 2026)
Travel & Leisure's (TNL) quarterly Change in Inventory came in at -$3.0 million in Q2 2026, down 113.64% year-on-year from $22.0 million in Q2 2025, and down 103.85% quarter-over-quarter from $78.0 million in Q1 2026.
Travel & Leisure (TNL) Change in Inventory (2009 - 2026) Analysis & Trends
Travel & Leisure's Change in Inventory history runs 18 years deep, the most recent figure standing at -$3.0 million for Q2 2026.
- On a quarterly basis, Change in Inventory fell 113.64% year-over-year to -$3.0 million in Q2 2026; TTM through Jun 2026 was $127.0 million, a 323.33% increase from a year earlier, with the FY2025 full-year figure at $68.0 million, up 325.0% from the prior year.
- Change in Inventory eased to -$3.0 million in Q2 2026 per TNL's latest filing, from $78.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $78.0 million in Q1 2026 and bottomed at -$41.0 million in Q4 2022.
- The 5-year median for Change in Inventory is $2.0 million (2022), against an average of $6.1 million.
- Across the five-year window, Change in Inventory plunged 412.5% in 2022 and jumped 1400.0% in 2026, its largest moves.
- Year by year, Change in Inventory stood at -$41.0 million in 2022, then surged by 80.49% to -$8.0 million in 2023, then surged by 300.0% to $16.0 million in 2024, then surged by 68.75% to $27.0 million in 2025, then plunged by 111.11% to -$3.0 million in 2026.
- Per Business Quant, the three latest TNL Change in Inventory figures stand at -$3.0 million (Q2 2026), $78.0 million (Q1 2026), and $27.0 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | - |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 7.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | - |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | - |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 2.83 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 45.00 Mn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 27.65 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | - |
| 10 | Travel & Leisure | 4.58 Bn | 4.29 Bn | 891.00 Mn | -3.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.00 Mn |
| Jun 30, 2026 | -3.00 Mn |
| Mar 31, 2026 | 78.00 Mn |
| Mar 31, 2026 | 78.00 Mn |
| Dec 31, 2025 | 27.00 Mn |
| Dec 31, 2025 | 27.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 22.00 Mn |
| Jun 30, 2025 | 22.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Sep 30, 2024 | -2.00 Mn |
| Sep 30, 2024 | -2.00 Mn |
| Mar 31, 2024 | 2.00 Mn |
| Mar 31, 2024 | 2.00 Mn |
| Dec 31, 2023 | -8.00 Mn |
| Dec 31, 2023 | -8.00 Mn |