Travel & Leisure (TNL) Enterprise Value (2009 - 2026)
Travel & Leisure's (TNL) quarterly Enterprise Value came in at -$283.0 million in Q2 2026, down 32.86% year-on-year from -$421.5 million in Q2 2025, and down 10.98% quarter-over-quarter from -$255.0 million in Q1 2026.
Travel & Leisure (TNL) Enterprise Value (2009 - 2026) Analysis & Trends
Travel & Leisure's Enterprise Value history runs 18 years deep, the most recent figure standing at -$283.0 million for Q2 2026.
- On a quarterly basis, Enterprise Value fell 32.86% year-over-year to -$283.0 million in Q2 2026; TTM through Jun 2026 was -$283.0 million, a 32.86% decrease from a year earlier, with the FY2025 full-year figure at -$254.0 million, down 53.01% from the prior year.
- Enterprise Value slipped to -$283.0 million in Q2 2026 per TNL's latest filing, from -$255.0 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$161.0 million in Q3 2022 and bottomed at -$541.0 million in Q4 2022.
- The 5-year median for Enterprise Value is -$230.0 million (2022), against an average of -$257.9 million.
- Across the five-year window, Enterprise Value tumbled 155.61% in 2024 and soared 60.67% in 2025, its largest moves.
- Year by year, Enterprise Value stood at -$541.0 million in 2022, then jumped by 48.06% to -$281.0 million in 2023, then jumped by 40.93% to -$166.0 million in 2024, then tumbled by 53.01% to -$254.0 million in 2025, then retreated by 11.42% to -$283.0 million in 2026.
- Per Business Quant, the three latest TNL Enterprise Value figures stand at -$283.0 million (Q2 2026), -$255.0 million (Q1 2026), and -$254.0 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | -517.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | -12.01 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 5.93 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -3.80 Bn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | -2.23 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | -2.50 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -185.05 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -415.51 Mn |
| 10 | Travel & Leisure | 4.58 Bn | 4.29 Bn | 891.00 Mn | -283.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -283.00 Mn |
| Mar 31, 2026 | -255.00 Mn |
| Dec 31, 2025 | -254.00 Mn |
| Sep 30, 2025 | -240.00 Mn |
| Jun 30, 2025 | -213.00 Mn |
| Mar 31, 2025 | -188.00 Mn |
| Dec 31, 2024 | -166.00 Mn |
| Sep 30, 2024 | -193.00 Mn |
| Jun 30, 2024 | -165.00 Mn |
| Mar 31, 2024 | -478.00 Mn |
| Dec 31, 2023 | -281.00 Mn |
| Sep 30, 2023 | -227.00 Mn |
| Jun 30, 2023 | -204.00 Mn |
| Mar 31, 2023 | -187.00 Mn |
| Dec 31, 2022 | -541.00 Mn |
| Sep 30, 2022 | -161.00 Mn |
| Jun 30, 2022 | -233.00 Mn |
| Mar 31, 2022 | -373.00 Mn |
| Dec 31, 2021 | -362.00 Mn |
| Sep 30, 2021 | -338.00 Mn |