Travel & Leisure (TNL) Enterprise Value (2009 - 2026)
Travel & Leisure (TNL) posted Enterprise Value of $4.68 billion for Q2 2026, up 39.6% from $3.35 billion a year earlier and up 8.3% from the prior quarter.
Travel & Leisure (TNL) Enterprise Value (2009 - 2026) Analysis & Trends
For FY2025, Travel & Leisure's Enterprise Value came in at $4.15 billion, up 29.6% from FY2024.
- Annual Enterprise Value has increased for three consecutive years, with a five-year compound annual growth rate of 9.2% (FY2020 to FY2025).
- In prior years, Travel & Leisure's Enterprise Value was $3.2 billion in FY2024 (+28.2%), $2.5 billion in FY2023 (+9.4%), $2.28 billion in FY2022 (-47.8%) and $4.38 billion in FY2021 (+64.1%).
- The Q2 2026 figure stands as the highest quarterly Enterprise Value since Q2 2021.
- On a year-over-year basis, Enterprise Value has increased in each of the last 11 quarters, with growth averaging 25.5% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q3 2021, with growth of 218.6%; the weakest was Q4 2022, with a decline of 47.8%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $4.32 billion (Q1 2026), $4.15 billion (Q4 2025) and $3.83 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - |
| 10 | Travel & Leisure | 3.79 Bn | 3.79 Bn | 1.03 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.68 Bn |
| Mar 31, 2026 | 4.32 Bn |
| Dec 31, 2025 | 4.15 Bn |
| Sep 30, 2025 | 3.83 Bn |
| Jun 30, 2025 | 3.35 Bn |
| Mar 31, 2025 | 3.07 Bn |
| Dec 31, 2024 | 3.20 Bn |
| Sep 30, 2024 | 2.96 Bn |
| Jun 30, 2024 | 2.97 Bn |
| Mar 31, 2024 | 3.01 Bn |
| Dec 31, 2023 | 2.50 Bn |
| Sep 30, 2023 | 2.43 Bn |
| Jun 30, 2023 | 2.78 Bn |
| Mar 31, 2023 | 2.80 Bn |
| Dec 31, 2022 | 2.28 Bn |
| Sep 30, 2022 | 2.61 Bn |
| Jun 30, 2022 | 3.02 Bn |
| Mar 31, 2022 | 4.58 Bn |
| Dec 31, 2021 | 4.38 Bn |
| Sep 30, 2021 | 4.37 Bn |
Travel & Leisure Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=TNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "TNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();