Travel & Leisure (TNL) EV to EBIT (2010 - 2026)
Travel & Leisure's (TNL) EV to EBIT stood at 8.35 in Q2 2026, up 88.7% from 4.42 a year earlier and up 7.5% from the prior quarter.
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Analysis
Travel & Leisure (TNL) EV to EBIT (2010 - 2026) Analysis & Trends
For FY2025, Travel & Leisure's EV to EBIT came in at 7.50, up 71.8% from FY2024.
- Across earlier years, EV to EBIT came in at 4.36 in FY2024 (+25.9%), 3.47 in FY2023 (-0.8%), 3.49 in FY2022 (-50.6%) and 7.08 in FY2021.
- The Q2 2026 figure is the highest quarterly EV to EBIT since Q3 2021.
- On a year-over-year basis, EV to EBIT has increased for eight consecutive quarters, with growth averaging 39.9% over the last eight quarters.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 88.7% in Q2 2026, against a decline of 82.6% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.77 (Q1 2026), 7.50 (Q4 2025) and 4.89 (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 | 8.35 |
| Mar 31, 2026 | 7.77 |
| Dec 31, 2025 | 7.50 |
| Sep 30, 2025 | 4.89 |
| Jun 30, 2025 | 4.42 |
| Mar 31, 2025 | 4.15 |
| Dec 31, 2024 | 4.36 |
| Sep 30, 2024 | 4.12 |
| Jun 30, 2024 | 4.03 |
| Mar 31, 2024 | 4.12 |
| Dec 31, 2023 | 3.47 |
| Sep 30, 2023 | 3.53 |
| Jun 30, 2023 | 4.13 |
| Mar 31, 2023 | 4.16 |
| Dec 31, 2022 | 3.49 |
| Sep 30, 2022 | 3.81 |
| Jun 30, 2022 | 4.42 |
| Mar 31, 2022 | 7.05 |
| Dec 31, 2021 | 7.07 |
| Sep 30, 2021 | 8.59 |
API Access
Travel & Leisure EV to EBIT 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-ebit&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();