Travel & Leisure (TNL) Interest Coverage Ratio (2010 - 2026)
Travel & Leisure's (TNL) quarterly Interest Coverage Ratio came in at 1.14 in Q2 2026, down 68.42% year-on-year from 3.61 in Q2 2025, and down 59.8% quarter-over-quarter from 2.84 in Q1 2026.
Travel & Leisure (TNL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Travel & Leisure's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 1.14 for Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 68.42% year-over-year to 1.14 in Q2 2026; TTM through Jun 2026 was 3.04, a 103.62% increase from a year earlier, with the FY2025 full-year figure at 2.38, down 19.03% from the prior year.
- Interest Coverage Ratio eased to 1.14 in Q2 2026 per TNL's latest filing, from 2.84 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 5.4 in Q3 2024 and bottomed at 3.83 in Q4 2025.
- The 5-year median for Interest Coverage Ratio is 2.61 (2022), against an average of 2.1.
- Across the five-year window, Interest Coverage Ratio jumped 153.93% in 2022 and tumbled 254.95% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 0.95 in 2022, then decreased by 11.18% to 0.84 in 2023, then tumbled by 254.95% to 1.3 in 2024, then plunged by 194.01% to 3.83 in 2025, then surged by 129.77% to 1.14 in 2026.
- Per Business Quant, the three latest TNL Interest Coverage Ratio figures stand at 1.14 (Q2 2026), 2.84 (Q1 2026), and 3.83 (Q4 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 4.67 |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 3.63 |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 0.52 |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 4.85 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -12.55 |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 1.25 |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 1.27 |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 57.59 |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 2.43 |
| 10 | Travel & Leisure | 4.58 Bn | 4.29 Bn | 891.00 Mn | 1.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 |
| Mar 31, 2026 | 2.84 |
| Dec 31, 2025 | -3.83 |
| Sep 30, 2025 | 1.11 |
| Jun 30, 2025 | 3.61 |
| Mar 31, 2025 | 2.74 |
| Dec 31, 2024 | -1.30 |
| Sep 30, 2024 | 5.40 |
| Jun 30, 2024 | 3.00 |
| Mar 31, 2024 | 2.34 |
| Dec 31, 2023 | 0.84 |
| Sep 30, 2023 | 3.23 |
| Jun 30, 2023 | 3.00 |
| Mar 31, 2023 | 2.38 |
| Dec 31, 2022 | 0.95 |
| Sep 30, 2022 | 3.94 |
| Jun 30, 2022 | 3.94 |
| Mar 31, 2022 | 2.49 |
| Dec 31, 2021 | -1.76 |
| Sep 30, 2021 | 3.96 |