Travel & Leisure (TNL) Change in Inventory (2009 - 2026)
Travel & Leisure (TNL) reported Change in Inventory of -$15 million for Q3 2026, compared with $25 million a year earlier.
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Analysis
Travel & Leisure (TNL) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Travel & Leisure's Change in Inventory came in at $87 million, up 52.6% year-over-year; for FY2025, it was $68 million, up 325.0% from FY2024.
- Change in Inventory has a five-year compound annual growth rate of -10.6% (FY2020 to FY2025).
- By year, Change in Inventory came in at $16 million in FY2024, -$25 million in FY2023, -$31 million in FY2022 and $6 million in FY2021 (-95.0%).
- The Q3 2026 figure ranks as the lowest quarterly Change in Inventory since Q2 2023.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$3 million (Q2 2026), $78 million (Q1 2026) and $27 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 105.88 Bn | 103.93 Bn | 1.55 Bn | - |
| 2 | Royal Caribbean Cruises | 82.54 Bn | 79.48 Bn | 2.88 Bn | 37.00 Mn |
| 3 | Hilton Worldwide Holdings | 80.24 Bn | 76.97 Bn | 3.05 Bn | - |
| 4 | Carnival | 39.49 Bn | 32.67 Bn | - | -22.00 Mn |
| 5 | Viking Holdings | 39.19 Bn | 24.31 Bn | 996.62 Mn | 36.87 Mn |
| 6 | Intercontinental Hotels | 26.43 Bn | 22.40 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -19.64 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 17.26 Bn | 14.42 Bn | 388.00 Mn | - |
| 9 | H World | 14.31 Bn | 5.72 Bn | 456.00 Mn | - |
| 10 | Travel & Leisure | 4.33 Bn | 4.33 Bn | 1.08 Bn | -15.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -15.00 Mn |
| Jun 30, 2026 | -3.00 Mn |
| Mar 31, 2026 | 78.00 Mn |
| Dec 31, 2025 | 27.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 22.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Sep 30, 2024 | -2.00 Mn |
| Mar 31, 2024 | 2.00 Mn |
| Dec 31, 2023 | -8.00 Mn |
| Sep 30, 2023 | -6.00 Mn |
| Jun 30, 2023 | -17.00 Mn |
| Mar 31, 2023 | 6.00 Mn |
| Dec 31, 2022 | -41.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 34.00 Mn |
| Mar 31, 2022 | -26.00 Mn |
| Dec 31, 2021 | -8.00 Mn |
| Sep 30, 2021 | -26.00 Mn |
API Access
Travel & Leisure Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "TNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();