Travel & Leisure (TNL) Property, Plant & Equipment (Net) (2009 - 2026)
Travel & Leisure (TNL) reported Property, Plant & Equipment (Net) of $607 million for Q3 2026, up 1.7% from $597 million a year earlier and up 15.8% from the prior quarter.
Travel & Leisure (TNL) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Travel & Leisure posted Property, Plant & Equipment (Net) of $531 million, down 10.2% from FY2024.
- Property, Plant & Equipment (Net) has declined for four consecutive years, with a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $591 million in FY2024 (-9.8%), $655 million in FY2023 (-0.5%), $658 million in FY2022 (-4.5%) and $689 million in FY2021 (+3.5%).
- The Q3 2026 figure ranks as the highest quarterly Property, Plant & Equipment (Net) since Q1 2024.
- Year over year, Property, Plant & Equipment (Net) gained in two of the last eight quarters, with an average decline of 5.7%.
- The high point for year-over-year Property, Plant & Equipment (Net) in five years was Q2 2022 (growth of 13.2%); the low point was Q2 2026 (a decline of 11.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $524 million (Q2 2026), $523 million (Q1 2026) and $531 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 1.64 Bn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 38.30 Bn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 682.00 Mn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 43.40 Bn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 8.39 Bn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 850.00 Mn |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | 144.00 Mn |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 1.53 Bn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 735.00 Mn |
| 10 | Travel & Leisure | 4.62 Bn | 4.62 Bn | 1.08 Bn | 607.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 607.00 Mn |
| Jun 30, 2026 | 524.00 Mn |
| Mar 31, 2026 | 523.00 Mn |
| Dec 31, 2025 | 531.00 Mn |
| Sep 30, 2025 | 597.00 Mn |
| Jun 30, 2025 | 592.00 Mn |
| Mar 31, 2025 | 587.00 Mn |
| Dec 31, 2024 | 591.00 Mn |
| Sep 30, 2024 | 594.00 Mn |
| Jun 30, 2024 | 596.00 Mn |
| Mar 31, 2024 | 614.00 Mn |
| Dec 31, 2023 | 655.00 Mn |
| Sep 30, 2023 | 655.00 Mn |
| Jun 30, 2023 | 665.00 Mn |
| Mar 31, 2023 | 670.00 Mn |
| Dec 31, 2022 | 658.00 Mn |
| Sep 30, 2022 | 736.00 Mn |
| Jun 30, 2022 | 730.00 Mn |
| Mar 31, 2022 | 743.00 Mn |
| Dec 31, 2021 | 689.00 Mn |
Travel & Leisure Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=TNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();