Travel & Leisure (TNL) Intangibles (2009 - 2026)
Travel & Leisure (TNL) reported Intangibles of $197 million for Q2 2026, down 5.3% from $208 million a year earlier and down 1.5% from the prior quarter.
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Analysis
Travel & Leisure (TNL) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Travel & Leisure posted Intangibles of $201 million, down 3.8% from FY2024.
- Intangibles has a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- By year, Intangibles came in at $209 million in FY2024 (+5.0%), $199 million in FY2023 (-3.9%), $207 million in FY2022 (-5.5%) and $219 million in FY2021 (+67.2%).
- Five-year quarterly Intangibles spans a low of $197 million in Q1 2024 and a high of $222 million in Q3 2021.
- Year over year, Intangibles has now declined in each of the last five quarters, with an average decline of 0.5% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q3 2021 (growth of 68.2%); the low point was Q4 2022 (a decline of 5.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $200 million (Q1 2026), $201 million (Q4 2025) and $204 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 10.47 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 5.01 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 | - | 1.18 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | -23.00 Mn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 2.12 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 711.00 Mn |
| 10 | Travel & Leisure | 3.79 Bn | 3.79 Bn | 1.03 Bn | 197.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 197.00 Mn |
| Mar 31, 2026 | 200.00 Mn |
| Dec 31, 2025 | 201.00 Mn |
| Sep 30, 2025 | 204.00 Mn |
| Jun 30, 2025 | 208.00 Mn |
| Mar 31, 2025 | 209.00 Mn |
| Dec 31, 2024 | 209.00 Mn |
| Sep 30, 2024 | 215.00 Mn |
| Jun 30, 2024 | 216.00 Mn |
| Mar 31, 2024 | 197.00 Mn |
| Dec 31, 2023 | 199.00 Mn |
| Sep 30, 2023 | 201.00 Mn |
| Jun 30, 2023 | 204.00 Mn |
| Mar 31, 2023 | 207.00 Mn |
| Dec 31, 2022 | 207.00 Mn |
| Sep 30, 2022 | 211.00 Mn |
| Jun 30, 2022 | 213.00 Mn |
| Mar 31, 2022 | 216.00 Mn |
| Dec 31, 2021 | 219.00 Mn |
| Sep 30, 2021 | 222.00 Mn |
API Access
Travel & Leisure Intangibles 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=intangibles&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();