Travel & Leisure (TNL) Retained Earnings (2009 - 2026)
Travel & Leisure (TNL) recorded Retained Earnings of $2.52 billion in Q2 2026, up 3.6% from $2.44 billion a year earlier and up 2.9% from the prior quarter.
Travel & Leisure (TNL) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Travel & Leisure reported Retained Earnings of $2.41 billion, up 3.3% from FY2024.
- Annual Retained Earnings has increased for five straight years, with a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $2.33 billion in FY2024 (+12.9%), $2.07 billion in FY2023 (+14.3%), $1.81 billion in FY2022 (+13.9%) and $1.59 billion in FY2021 (+14.2%).
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q4 2009.
- On a year-over-year basis, Retained Earnings has increased for 21 consecutive quarters, with growth averaging 9.2% over the last eight quarters.
- The year-over-year growth in Retained Earnings has ranged between 3.3% (Q4 2025) and 16.1% (Q2 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $2.45 billion (Q1 2026), $2.41 billion (Q4 2025) and $2.51 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 19.46 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | -710.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 7.19 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | - |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 6.71 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 3.48 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 462.00 Mn |
| 10 | Travel & Leisure | 3.79 Bn | 3.79 Bn | 1.03 Bn | 2.52 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.52 Bn |
| Mar 31, 2026 | 2.45 Bn |
| Dec 31, 2025 | 2.41 Bn |
| Sep 30, 2025 | 2.51 Bn |
| Jun 30, 2025 | 2.44 Bn |
| Mar 31, 2025 | 2.37 Bn |
| Dec 31, 2024 | 2.33 Bn |
| Sep 30, 2024 | 2.25 Bn |
| Jun 30, 2024 | 2.19 Bn |
| Mar 31, 2024 | 2.10 Bn |
| Dec 31, 2023 | 2.07 Bn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 1.90 Bn |
| Mar 31, 2023 | 1.84 Bn |
| Dec 31, 2022 | 1.81 Bn |
| Sep 30, 2022 | 1.75 Bn |
| Jun 30, 2022 | 1.67 Bn |
| Mar 31, 2022 | 1.60 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 1.51 Bn |
Travel & Leisure Retained Earnings 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=retained-earnings&ticker=TNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();