Travel & Leisure (TNL) Net Margin (2010 - 2026)
Travel & Leisure (TNL) posted Net Margin of 10.25% for Q2 2026, up 24.74% on a QoQ basis from 8.22% in Q1 2026, and down 36.0% year-over-year from 16.02% in Q2 2025.
Analysis
Travel & Leisure (TNL) Net Margin (2010 - 2026) Analysis & Trends
Travel & Leisure has reported Net Margin for 17 years, with the latest figure at 10.25% in Q2 2026.
- On a quarterly basis, Net Margin fell 36.0% year-over-year to 10.25% in Q2 2026; TTM through Jun 2026 was 5.81%, a 432.0% decrease from a year earlier, with the FY2025 full-year figure at 5.72%, down 492.0% from the prior year.
- Net Margin was 10.25% for Q2 2026 at Travel & Leisure, up from 8.22% in the prior quarter.
- The five-year high for Net Margin was 13.78% in Q4 2023, with the low at 5.95% in Q4 2025.
- Average Net Margin over 5 years is 9.2%, with a median of 10.19% recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Net Margin soared 366 bps in 2023, then sank 1821 bps in 2025.
- Over 5 years, Net Margin stood at 10.12% in 2022, then jumped by 36 bps to 13.78% in 2023, then declined by 11 bps to 12.26% in 2024, then tumbled by 149 bps to 5.95% in 2025, then jumped by 272 bps to 10.25% in 2026.
- The last three Net Margin figures came in at 10.25% (Q2 2026), 8.22% (Q1 2026), and 5.95% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Travel & Leisure | 4.06 Bn | 3.78 Bn | 891.00 Mn | 10.25% |
| 2 | Marriott Vacations Worldwide | 3.67 Bn | 3.37 Bn | 1.29 Bn | 5.83% |
| 3 | Hilton Grand Vacations | 3.28 Bn | 3.16 Bn | 499.00 Mn | 1.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.25% |
| Mar 31, 2026 | 8.22% |
| Dec 31, 2025 | -5.95% |
| Sep 30, 2025 | 10.63% |
| Jun 30, 2025 | 10.61% |
| Mar 31, 2025 | 7.82% |
| Dec 31, 2024 | 12.26% |
| Sep 30, 2024 | 9.77% |
| Jun 30, 2024 | 13.10% |
| Mar 31, 2024 | 7.21% |
| Dec 31, 2023 | 13.78% |
| Sep 30, 2023 | 11.16% |
| Jun 30, 2023 | 9.91% |
| Mar 31, 2023 | 7.28% |
| Dec 31, 2022 | 10.12% |
| Sep 30, 2022 | 12.38% |
| Jun 30, 2022 | 10.85% |
| Mar 31, 2022 | 6.30% |
| Dec 31, 2021 | 12.30% |
| Sep 30, 2021 | 12.04% |