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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |