Travel & Leisure (TNL) Return on Assets [ROA] (2010 - 2026)
Travel & Leisure's Return on Assets [ROA] was 3.31% in Q3 2026, down 2.67 percentage points from 5.98% a year earlier and down 0.15 percentage points from the prior quarter.
Travel & Leisure (TNL) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Travel & Leisure came in at 3.41%, down 2.20 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +6.79 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 5.61% in FY2024 (-0.18 pp), 5.79% in FY2023 (+0.46 pp), 5.34% in FY2022 (+0.93 pp) and 4.41% in FY2021 (+7.79 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q3 2021.
- Compared with a year earlier, Return on Assets [ROA] has declined for four straight quarters, with an average year-over-year change of -1.20 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q4 2021 (a gain of 8.05 percentage points); the worst was Q3 2026 (a drop of 2.67 percentage points).
- Per Business Quant data, TNL's Return on Assets [ROA] in the three quarters before Q3 2026 was 3.47% (Q2 2026), 3.49% (Q1 2026) and 3.38% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.97 Bn | 107.24 Bn | 1.54 Bn | 9.46% |
| 2 | Royal Caribbean Cruises | 87.22 Bn | 84.16 Bn | 2.88 Bn | 10.25% |
| 3 | Hilton Worldwide Holdings | 83.25 Bn | 79.98 Bn | 3.05 Bn | 10.07% |
| 4 | Carnival | 40.23 Bn | 33.41 Bn | - | 6.08% |
| 5 | Viking Holdings | 38.67 Bn | 23.79 Bn | 996.62 Mn | 9.99% |
| 6 | Trip.com | 29.29 Bn | -15.75 Bn | 1.84 Bn | 8.95% |
| 7 | Intercontinental Hotels | 27.64 Bn | 23.61 Bn | - | - |
| 8 | Hyatt Hotels | 17.43 Bn | 14.84 Bn | 384.00 Mn | 1.38% |
| 9 | H World | 15.60 Bn | 7.01 Bn | 456.00 Mn | 7.80% |
| 10 | Travel & Leisure | 4.64 Bn | 4.64 Bn | 1.08 Bn | 3.31% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.31% |
| Jun 30, 2026 | 3.47% |
| Mar 31, 2026 | 3.49% |
| Dec 31, 2025 | 3.38% |
| Sep 30, 2025 | 5.98% |
| Jun 30, 2025 | 5.84% |
| Mar 31, 2025 | 5.70% |
| Dec 31, 2024 | 5.63% |
| Sep 30, 2024 | 5.81% |
| Jun 30, 2024 | 5.86% |
| Mar 31, 2024 | 5.73% |
| Dec 31, 2023 | 5.84% |
| Sep 30, 2023 | 5.31% |
| Jun 30, 2023 | 5.47% |
| Mar 31, 2023 | 5.58% |
| Dec 31, 2022 | 5.44% |
| Sep 30, 2022 | 5.86% |
| Jun 30, 2022 | 5.54% |
| Mar 31, 2022 | 5.10% |
| Dec 31, 2021 | 4.76% |
Travel & Leisure Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();