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
DateValue
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