Travel & Leisure (TNL) Enterprise Value (2009 - 2026)
Travel & Leisure (TNL) recorded quarterly Enterprise Value of -$255.0 million in Q1 2026, little changed quarter-over-quarter from -$254.0 million in Q4 2025, and down 35.64% on a YoY basis from -$396.2 million in Q1 2025.
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 -$255.0 million for Q1 2026.
- In Q1 2026, Enterprise Value fell 35.64% year-over-year to -$255.0 million; the TTM figure through Mar 2026 stood at -$255.0 million (down 35.64% YoY), while the FY2025 annual figure was -$254.0 million, down 53.01% from the prior year.
- Enterprise Value was -$255.0 million for Q1 2026 at Travel & Leisure, roughly flat from -$254.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$161.0 million in Q3 2022 to a low of -$541.0 million in Q4 2022.
- Historically, Enterprise Value has averaged -$256.4 million across 5 years, with a median of -$227.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Enterprise Value tumbled 155.61% in 2024, then jumped 60.67% in 2025.
- A 5-year view of Enterprise Value shows it 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 sank by 53.01% to -$254.0 million in 2025, then dropped by 0.39% to -$255.0 million in 2026.
- The last three Enterprise Value figures came in at -$255.0 million (Q1 2026), -$254.0 million (Q4 2025), and -$240.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | -12.01 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | -517.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | -1.41 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | -5.79 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | -185.00 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -437.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | -255.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -5.21 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -765.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -321.00 Mn |