Travel & Leisure (TNL) Dividend Coverage Ratio (2010 - 2026)
Travel & Leisure's (TNL) Dividend Coverage Ratio stood at 2.95 in Q2 2026, up 0.9% from 2.92 a year earlier and up 52.9% from the prior quarter.
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Analysis
Travel & Leisure (TNL) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Travel & Leisure's Dividend Coverage Ratio came in at 1.60 as of Jun 30, 2026, down 40.9% year-over-year; for FY2025, it came in at 1.54, down 46.7% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 2.89 in FY2024 (-0.6%), 2.91 in FY2023 (+10.1%), 2.64 in FY2022 (-6.4%) and 2.83 in FY2021.
- Quarterly Dividend Coverage Ratio has ranged from -1.74 in Q4 2025 to 4.03 in Q4 2023 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in four of the last seven quarters, with an average decline of 4.0%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 152.5% in Q3 2021, against a decline of 20.8% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.93 (Q1 2026), -1.74 (Q4 2025) and 3.08 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 3.99 |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | - |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | - |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 7.86 |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | - |
| 10 | Travel & Leisure | 3.79 Bn | 3.79 Bn | 1.03 Bn | 2.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.95 |
| Mar 31, 2026 | 1.93 |
| Dec 31, 2025 | -1.74 |
| Sep 30, 2025 | 3.08 |
| Jun 30, 2025 | 2.92 |
| Mar 31, 2025 | 1.78 |
| Dec 31, 2024 | 3.50 |
| Sep 30, 2024 | 2.77 |
| Jun 30, 2024 | 3.69 |
| Mar 31, 2024 | 1.74 |
| Dec 31, 2023 | 4.03 |
| Sep 30, 2023 | 3.33 |
| Jun 30, 2023 | 2.69 |
| Mar 31, 2023 | 1.73 |
| Dec 31, 2022 | 2.84 |
| Sep 30, 2022 | 3.52 |
| Jun 30, 2022 | 2.86 |
| Mar 31, 2022 | 1.46 |
| Dec 31, 2021 | 3.57 |
| Sep 30, 2021 | 3.88 |
API Access
Travel & Leisure Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();