Travel & Leisure (TNL) EV to CFO (2010 - 2026)
Travel & Leisure's EV to CFO was 8.58 in Q2 2026, up 52.7% from 5.62 a year earlier and up 10.7% from the prior quarter.
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Analysis
Travel & Leisure (TNL) EV to CFO (2010 - 2026) Analysis & Trends
For FY2025, EV to CFO at Travel & Leisure came in at 6.48, down 6.0% from FY2024.
- In earlier years, EV to CFO was 6.89 in FY2024 (-3.3%), 7.13 in FY2023 (+38.1%), 5.16 in FY2022 (-33.0%) and 7.70 in FY2021 (+8.1%).
- The Q2 2026 figure marks the highest quarterly EV to CFO since Q2 2023.
- Compared with a year earlier, EV to CFO was higher in three of the last eight quarters, with growth averaging 4.6%.
- The best year-over-year quarter for EV to CFO over five years was Q3 2021 (growth of 93.9%); the worst was Q1 2022 (a decline of 42.2%).
- Per Business Quant data, TNL's EV to CFO in the three quarters before Q2 2026 was 7.75 (Q1 2026), 6.48 (Q4 2025) and 6.23 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.58 |
| Mar 31, 2026 | 7.75 |
| Dec 31, 2025 | 6.48 |
| Sep 30, 2025 | 6.23 |
| Jun 30, 2025 | 5.62 |
| Mar 31, 2025 | 5.71 |
| Dec 31, 2024 | 6.89 |
| Sep 30, 2024 | 5.71 |
| Jun 30, 2024 | 6.45 |
| Mar 31, 2024 | 7.72 |
| Dec 31, 2023 | 7.13 |
| Sep 30, 2023 | 6.52 |
| Jun 30, 2023 | 8.63 |
| Mar 31, 2023 | 9.10 |
| Dec 31, 2022 | 5.16 |
| Sep 30, 2022 | 6.53 |
| Jun 30, 2022 | 5.95 |
| Mar 31, 2022 | 7.25 |
| Dec 31, 2021 | 7.70 |
| Sep 30, 2021 | 7.47 |
API Access
Travel & Leisure EV to CFO 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=ev-to-cfo&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();