Travel & Leisure (TNL) EBITDA (2010 - 2026)
Travel & Leisure's EBITDA was $242 million in Q2 2026, up 2.1% from $237 million a year earlier and up 26.7% from the prior quarter.
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Analysis
Travel & Leisure (TNL) EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Travel & Leisure's EBITDA was $687 million through Jun 30, 2026, down 21.7% year-over-year; for FY2025, it was $677 million, down 20.2% from FY2024.
- EBITDA shows a five-year compound annual growth rate of 100.3% (FY2020 to FY2025).
- In earlier years, EBITDA was $848 million in FY2024 (+1.9%), $832 million in FY2023 (+7.8%), $772 million in FY2022 (+4.0%) and $742 million in FY2021.
- Quarterly EBITDA has moved between $9 million (Q4 2025) and $245 million (Q3 2025) over five years.
- Compared with a year earlier, EBITDA was higher in six of the last eight quarters, with an average decline of 8.2%.
- The best year-over-year quarter for EBITDA over five years was Q3 2021 (growth of 125.0%); the worst was Q4 2025 (a decline of 96.2%).
- Per Business Quant data, TNL's EBITDA in the three quarters before Q2 2026 was $191 million (Q1 2026), $9 million (Q4 2025) and $245 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 1.45 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 924.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 1.77 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 727.95 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 2.97 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 | -1.24 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 372.44 Mn |
| 10 | Travel & Leisure | 3.79 Bn | 3.79 Bn | 1.03 Bn | 242.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 242.00 Mn |
| Mar 31, 2026 | 191.00 Mn |
| Dec 31, 2025 | 9.00 Mn |
| Sep 30, 2025 | 245.00 Mn |
| Jun 30, 2025 | 237.00 Mn |
| Mar 31, 2025 | 186.00 Mn |
| Dec 31, 2024 | 235.00 Mn |
| Sep 30, 2024 | 219.00 Mn |
| Jun 30, 2024 | 217.00 Mn |
| Mar 31, 2024 | 178.00 Mn |
| Dec 31, 2023 | 220.00 Mn |
| Sep 30, 2023 | 235.00 Mn |
| Jun 30, 2023 | 210.00 Mn |
| Mar 31, 2023 | 166.00 Mn |
| Dec 31, 2022 | 190.00 Mn |
| Sep 30, 2022 | 219.00 Mn |
| Jun 30, 2022 | 216.00 Mn |
| Mar 31, 2022 | 147.00 Mn |
| Dec 31, 2021 | 226.00 Mn |
| Sep 30, 2021 | 216.00 Mn |
API Access
Travel & Leisure EBITDA 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=ebitda&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();