Travel & Leisure TNL
NYSE TNL
$64.70 -0.11 (-0.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

Travel & Leisure (TNL) EBITDA Margin (2010 - 2026)

Travel & Leisure (TNL) posted EBITDA Margin of 19.76% for Q2 2026, up 19.4% on a QoQ basis from 16.55% in Q1 2026, and down 48.0% year-over-year from 37.99% in Q2 2025.

Analysis

Travel & Leisure (TNL) EBITDA Margin (2010 - 2026) Analysis & Trends

Travel & Leisure has reported EBITDA Margin for 17 years, with the latest figure at 19.76% in Q2 2026.

  • On a quarterly basis, EBITDA Margin fell 48.0% year-over-year to 19.76% in Q2 2026; TTM through Jun 2026 was 13.68%, a 565.0% decrease from a year earlier, with the FY2025 full-year figure at 13.75%, down 522.0% from the prior year.
  • EBITDA Margin was 19.76% for Q2 2026 at Travel & Leisure, up from 16.55% in the prior quarter.
  • The five-year high for EBITDA Margin was 21.22% in Q4 2024, with the low at 2.24% in Q4 2025.
  • Average EBITDA Margin over 5 years is 17.58%, with a median of 19.24% recorded in 2023.
  • The sharpest annual moves came in 2023 and 2025: EBITDA Margin surged 239 bps in 2023, then plunged 2346 bps in 2025.
  • Over 5 years, EBITDA Margin stood at 18.02% in 2022, then climbed by 13 bps to 20.41% in 2023, then climbed by 4 bps to 21.22% in 2024, then slumped by 111 bps to 2.24% in 2025, then soared by 980 bps to 19.76% in 2026.
  • The last three EBITDA Margin figures came in at 19.76% (Q2 2026), 16.55% (Q1 2026), and 2.24% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Travel & Leisure 4.06 Bn 3.78 Bn 891.00 Mn 19.76%
2 Marriott Vacations Worldwide 3.67 Bn 3.37 Bn 1.29 Bn 10.00%
3 Hilton Grand Vacations 3.28 Bn 3.16 Bn 499.00 Mn -56.55%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.76%
Mar 31, 2026 16.55%
Dec 31, 2025 -2.24%
Sep 30, 2025 20.50%
Jun 30, 2025 20.24%
Mar 31, 2025 16.70%
Dec 31, 2024 21.22%
Sep 30, 2024 19.03%
Jun 30, 2024 19.19%
Mar 31, 2024 16.38%
Dec 31, 2023 20.41%
Sep 30, 2023 20.99%
Jun 30, 2023 19.28%
Mar 31, 2023 15.70%
Dec 31, 2022 18.02%
Sep 30, 2022 20.17%
Jun 30, 2022 20.07%
Mar 31, 2022 14.46%
Dec 31, 2021 22.41%
Sep 30, 2021 22.17%