Travel & Leisure (TNL) Price to Sales (2010 - 2026)
Travel & Leisure's (TNL) Price to Sales was 1.14 for Q2 2026, up 33.6% from 0.86 a year earlier and up 7.1% from the prior quarter.
Powered by 
Analysis
Travel & Leisure (TNL) Price to Sales (2010 - 2026) Analysis & Trends
For FY2025, Price to Sales at Travel & Leisure was 1.09, up 25.7% from FY2024.
- By year, Price to Sales came in at 0.87 in FY2024 (+17.6%), 0.74 in FY2023 (-6.4%), 0.79 in FY2022 (-47.6%) and 1.51 in FY2021 (-15.3%).
- The Q2 2026 figure ranks as the highest quarterly Price to Sales since Q1 2022.
- Year over year, Price to Sales has now increased in each of the last five quarters, with growth averaging 16.7% over the last eight quarters.
- The high point for year-over-year Price to Sales in five years was Q3 2021 (growth of 53.0%); the low point was Q3 2022 (a decline of 51.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.07 (Q1 2026), 1.09 (Q4 2025) and 0.96 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - |
| 10 | Travel & Leisure | 3.85 Bn | 3.85 Bn | 1.03 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 |
| Mar 31, 2026 | 1.07 |
| Dec 31, 2025 | 1.09 |
| Sep 30, 2025 | 0.96 |
| Jun 30, 2025 | 0.86 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 0.82 |
| Jun 30, 2024 | 0.82 |
| Mar 31, 2024 | 0.92 |
| Dec 31, 2023 | 0.74 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.81 |
| Mar 31, 2023 | 0.82 |
| Dec 31, 2022 | 0.79 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 0.95 |
| Mar 31, 2022 | 1.49 |
| Dec 31, 2021 | 1.51 |
| Sep 30, 2021 | 1.62 |
API Access
Travel & Leisure Price to Sales 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=price-to-sales&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();