Travel & Leisure (TNL) Equity Ratio (2009 - 2026)
Travel & Leisure (TNL) recorded quarterly Equity Ratio of 0.15 in Q1 2026, down 2.96% quarter-over-quarter from 0.15 in Q4 2025, and down 12.03% on a YoY basis from 0.17 in Q1 2025.
Travel & Leisure (TNL) Equity Ratio (2009 - 2026) Analysis & Trends
Travel & Leisure's Equity Ratio history runs 18 years deep, the most recent figure standing at 0.15 for Q1 2026.
- In Q1 2026, Equity Ratio fell 12.03% year-over-year to 0.15; the TTM figure through Mar 2026 stood at 0.15 (down 12.03% YoY), while the FY2025 annual figure was 0.15, down 11.18% from the prior year.
- Equity Ratio was 0.15 for Q1 2026 at Travel & Leisure, down from 0.15 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.12 in Q3 2025 to a low of 0.15 in Q2 2023.
- Historically, Equity Ratio has averaged 0.14 across 5 years, with a median of 0.13 in 2025.
- The sharpest annual moves came in 2022 and 2023: Equity Ratio climbed 15.29% in 2022, then decreased 22.5% in 2023.
- A 5-year view of Equity Ratio shows it stood at 0.13 in 2022, then slipped by 1.72% to 0.14 in 2023, then grew by 3.99% to 0.13 in 2024, then fell by 11.18% to 0.15 in 2025, then declined by 2.96% to 0.15 in 2026.
- The last three Equity Ratio figures came in at 0.15 (Q1 2026), 0.15 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -0.31 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.28 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 0.23 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 0.25 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.07 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 0.10 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.32 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | -0.15 |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.64 |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.15 |
| Dec 31, 2025 | -0.15 |
| Sep 30, 2025 | -0.12 |
| Jun 30, 2025 | -0.13 |
| Mar 31, 2025 | -0.13 |
| Dec 31, 2024 | -0.13 |
| Sep 30, 2024 | -0.13 |
| Jun 30, 2024 | -0.13 |
| Mar 31, 2024 | -0.13 |
| Dec 31, 2023 | -0.14 |
| Sep 30, 2023 | -0.15 |
| Jun 30, 2023 | -0.15 |
| Mar 31, 2023 | -0.15 |
| Dec 31, 2022 | -0.13 |
| Sep 30, 2022 | -0.14 |
| Jun 30, 2022 | -0.13 |
| Mar 31, 2022 | -0.12 |
| Dec 31, 2021 | -0.12 |
| Sep 30, 2021 | -0.13 |
| Jun 30, 2021 | -0.14 |