Travel & Leisure (TNL) EBITDA (2010 - 2026)
Travel & Leisure (TNL) recorded quarterly EBITDA of $159.0 million in Q1 2026, up 791.3% quarter-over-quarter from -$23.0 million in Q4 2025, and up 1.92% on a YoY basis from $156.0 million in Q1 2025.
Travel & Leisure (TNL) EBITDA (2010 - 2026) Analysis & Trends
Travel & Leisure's EBITDA history runs 17 years deep, the most recent figure standing at $159.0 million for Q1 2026.
- In Q1 2026, EBITDA rose 1.92% year-over-year to $159.0 million; the TTM figure through Mar 2026 stood at $556.0 million (down 24.86% YoY), while the FY2025 annual figure was $553.0 million, down 24.56% from the prior year.
- EBITDA was $159.0 million for Q1 2026 at Travel & Leisure, up from -$23.0 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $214.0 million in Q3 2025 to a low of -$23.0 million in Q4 2025.
- Historically, EBITDA has averaged $165.8 million across 5 years, with a median of $185.0 million in 2022.
- The sharpest annual moves came in 2022 and 2025: EBITDA soared 34.48% in 2022, then plunged 111.17% in 2025.
- A 5-year view of EBITDA shows it stood at $162.0 million in 2022, then grew by 17.9% to $191.0 million in 2023, then increased by 7.85% to $206.0 million in 2024, then plunged by 111.17% to -$23.0 million in 2025, then jumped by 791.3% to $159.0 million in 2026.
- The last three EBITDA figures came in at $159.0 million (Q1 2026), -$23.0 million (Q4 2025), and $214.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 1.27 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 86.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 1.16 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 607.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 472.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 232.94 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 3.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 159.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 490.00 Mn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -11.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 159.00 Mn |
| Dec 31, 2025 | -23.00 Mn |
| Sep 30, 2025 | 214.00 Mn |
| Jun 30, 2025 | 206.00 Mn |
| Mar 31, 2025 | 156.00 Mn |
| Dec 31, 2024 | 206.00 Mn |
| Sep 30, 2024 | 189.00 Mn |
| Jun 30, 2024 | 189.00 Mn |
| Mar 31, 2024 | 150.00 Mn |
| Dec 31, 2023 | 191.00 Mn |
| Sep 30, 2023 | 207.00 Mn |
| Jun 30, 2023 | 183.00 Mn |
| Mar 31, 2023 | 138.00 Mn |
| Dec 31, 2022 | 162.00 Mn |
| Sep 30, 2022 | 189.00 Mn |
| Jun 30, 2022 | 185.00 Mn |
| Mar 31, 2022 | 117.00 Mn |
| Dec 31, 2021 | 195.00 Mn |
| Sep 30, 2021 | 186.00 Mn |
| Jun 30, 2021 | 151.00 Mn |