Travel & Leisure (TNL) FCF Payout Ratio (2009 - 2026)
Travel & Leisure (TNL) posted quarterly FCF Payout Ratio of 0.19 for Q2 2026, little changed year-over-year from 0.19 in Q2 2025, and down 90.51% quarter-over-quarter from 2.0 in Q1 2026.
Travel & Leisure (TNL) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Travel & Leisure's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.19 for Q2 2026.
- In Q2 2026, FCF Payout Ratio changed 0.0% year-over-year to 0.19; the TTM figure through Jun 2026 stood at 0.33 (up 11.99% YoY), while the FY2025 annual figure was 0.28, down 23.16% from the prior year.
- FCF Payout Ratio for Q2 2026 stood at 0.19, down from 2.0 in the prior quarter.
- The five-year high for FCF Payout Ratio was 2.0 in Q1 2026, with the low at 7.2 in Q1 2023.
- The 5-year median for FCF Payout Ratio is 0.33 (2024), against an average of 0.1.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio surged 580.0% in 2022, then tumbled 2794.86% in 2023.
- Travel & Leisure's FCF Payout Ratio stood at 0.2 in 2022, then jumped by 32.5% to 0.27 in 2023, then surged by 70.0% to 0.45 in 2024, then slipped by 16.08% to 0.38 in 2025, then slumped by 50.12% to 0.19 in 2026.
- Business Quant data shows TNL's FCF Payout Ratio at 0.19 in Q2 2026, 2.0 in Q1 2026, and 0.38 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.63 Bn | 140.41 Bn | 4.98 Bn | 0.09 |
| 2 | Airbnb | 106.16 Bn | 94.09 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 81.03 Bn | 80.11 Bn | 2.29 Bn | -0.46 |
| 4 | Viking Holdings | 44.28 Bn | 40.47 Bn | 713.43 Mn | - |
| 5 | Carnival | 38.41 Bn | 36.17 Bn | - | 0.12 |
| 6 | Expedia | 38.31 Bn | 31.18 Bn | 3.91 Bn | 0.05 |
| 7 | Trip.com | 29.06 Bn | 17.36 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.36 Bn | 8.15 Bn | 1.05 Bn | - |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | - |
| 10 | Travel & Leisure | 4.62 Bn | 4.33 Bn | 891.00 Mn | 0.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| Mar 31, 2026 | 2.00 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.19 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 1.20 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | -7.20 |
| Dec 31, 2022 | 0.20 |
| Sep 30, 2022 | 1.36 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.20 |