Travel & Leisure (TNL) Net Margin (2010 - 2026)

Travel & Leisure (TNL) posted quarterly Net Margin of 10.25% for Q2 2026, up 24.74% quarter-over-quarter from 8.22% in Q1 2026.

Travel & Leisure (TNL) Net Margin (2010 - 2026) Analysis & Trends

Travel & Leisure's Net Margin history runs 17 years deep, the most recent figure standing at 10.25% for Q2 2026.

In Q2 2026, Net Margin changed N/A year-over-year to 10.25%; the TTM figure through Jun 2026 stood at 4.59% (up 270.0% YoY), while the FY2024 annual figure was 0.85%, up 72.0% from the prior year.
Net Margin for Q2 2026 stood at 10.25%, up from 8.22% in the prior quarter.
The five-year high for Net Margin was 10.25% in Q2 2026, with the low at 0.1% in Q4 2024.
The 5-year median for Net Margin is 1.89% (2024), against an average of 3.8%.
The sharpest annual moves came in 2024 and 2026: Net Margin soared 272 bps in 2024, then soared 40 bps in 2026.
Travel & Leisure's Net Margin stood at 0.11% in 2022, then surged by 374 bps to 0.53% in 2023, then plunged by 80 bps to 0.1% in 2024, then jumped by 7489 bps to 7.82% in 2025, then surged by 31 bps to 10.25% in 2026.
Business Quant data shows TNL's Net Margin at 10.25% in Q2 2026, 8.22% in Q1 2026, and 7.82% in Q1 2025.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Booking Holdings	157.63 Bn	140.41 Bn	4.98 Bn	26.52%
2	Airbnb	106.16 Bn	94.09 Bn	2.98 Bn	22.62%
3	Royal Caribbean Cruises	81.03 Bn	80.11 Bn	2.29 Bn	23.51%
4	Viking Holdings	44.28 Bn	40.47 Bn	713.43 Mn	17.99%
5	Carnival	38.41 Bn	36.17 Bn	-	8.07%
6	Expedia	38.31 Bn	31.18 Bn	3.91 Bn	20.28%
7	Trip.com	29.06 Bn	17.36 Bn	1.86 Bn	33.60%
8	Norwegian Cruise Line Holdings	8.36 Bn	8.15 Bn	1.05 Bn	8.43%
9	MakeMyTrip	5.80 Bn	5.03 Bn	212.91 Mn	3.19%
10	Travel & Leisure	4.62 Bn	4.33 Bn	891.00 Mn	10.25%

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