Travel & Leisure (TNL) Invested Capital (2009 - 2026)
Travel & Leisure (TNL) posted quarterly Invested Capital of $3.7 billion for Q2 2026, up 1.98% year-over-year from $3.6 billion in Q2 2025, and up 1.43% quarter-over-quarter from $3.6 billion in Q1 2026.
Travel & Leisure (TNL) Invested Capital (2009 - 2026) Analysis & Trends
Travel & Leisure's Invested Capital history runs 18 years deep, the most recent figure standing at $3.7 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 1.98% year-over-year to $3.7 billion; the TTM figure through Jun 2026 stood at $14.4 billion (up 1.76% YoY), while the FY2025 annual figure was $3.5 billion, changed 0.17% from the prior year.
- Invested Capital for Q2 2026 stood at $3.7 billion, up from $3.6 billion in the prior quarter.
- The five-year high for Invested Capital was $3.9 billion in Q1 2024, with the low at $3.4 billion in Q1 2022.
- The 5-year median for Invested Capital is $3.6 billion (2023), against an average of $3.6 billion.
- The sharpest annual moves came in 2024 and 2025: Invested Capital rose 11.02% in 2024, then dropped 9.9% in 2025.
- Travel & Leisure's Invested Capital stood at $3.7 billion in 2022, then declined by 2.56% to $3.6 billion in 2023, then decreased by 2.99% to $3.5 billion in 2024, then advanced by 0.17% to $3.5 billion in 2025, then rose by 6.51% to $3.7 billion in 2026.
- Business Quant data shows TNL's Invested Capital at $3.7 billion in Q2 2026, $3.6 billion in Q1 2026, and $3.5 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.63 Bn | 140.41 Bn | 4.98 Bn | 2.00 Bn |
| 2 | Airbnb | 106.16 Bn | 94.09 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 81.03 Bn | 80.11 Bn | 2.29 Bn | 1.57 Bn |
| 4 | Viking Holdings | 44.28 Bn | 40.47 Bn | 713.43 Mn | 374.61 Mn |
| 5 | Carnival | 38.41 Bn | 36.17 Bn | - | 1.47 Bn |
| 6 | Expedia | 38.31 Bn | 31.18 Bn | 3.91 Bn | - |
| 7 | Trip.com | 29.06 Bn | 17.36 Bn | 1.86 Bn | 2.90 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.36 Bn | 8.15 Bn | 1.05 Bn | 15.47 Bn |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | 1.43 Bn |
| 10 | Travel & Leisure | 4.62 Bn | 4.33 Bn | 891.00 Mn | 3.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.70 Bn |
| Mar 31, 2026 | 3.65 Bn |
| Dec 31, 2025 | 3.47 Bn |
| Sep 30, 2025 | 3.55 Bn |
| Jun 30, 2025 | 3.63 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Dec 31, 2024 | 3.47 Bn |
| Sep 30, 2024 | 3.55 Bn |
| Jun 30, 2024 | 3.58 Bn |
| Mar 31, 2024 | 3.87 Bn |
| Dec 31, 2023 | 3.58 Bn |
| Sep 30, 2023 | 3.73 Bn |
| Jun 30, 2023 | 3.67 Bn |
| Mar 31, 2023 | 3.48 Bn |
| Dec 31, 2022 | 3.67 Bn |
| Sep 30, 2022 | 3.39 Bn |
| Jun 30, 2022 | 3.38 Bn |
| Mar 31, 2022 | 3.38 Bn |
| Dec 31, 2021 | 3.38 Bn |
| Sep 30, 2021 | 3.39 Bn |