Travel & Leisure (TNL) Return on Sales [ROS] (2010 - 2026)
Travel & Leisure (TNL) posted Return on Sales [ROS] of 17.71% for Q3 2026, down 2.79 percentage points from 20.50% a year earlier and down 2.04 percentage points from the prior quarter.
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Analysis
Travel & Leisure (TNL) Return on Sales [ROS] (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Return on Sales [ROS] at Travel & Leisure was 13.04%, down 6.68 percentage points year-over-year; for FY2025, it was 13.75%, down 5.22 percentage points from FY2024.
- Annual Return on Sales [ROS] shows a five-year change of +18.61 percentage points (FY2020 to FY2025).
- In prior years, Travel & Leisure's Return on Sales [ROS] was 18.97% in FY2024 (-0.23 pp), 19.20% in FY2023 (+0.89 pp), 18.31% in FY2022 (-1.41 pp) and 19.72% in FY2021 (+24.58 pp).
- Quarterly Return on Sales [ROS] has run from a low of -2.24% in Q4 2025 to a high of 22.41% in Q4 2021 over five years.
- On a year-over-year basis, Return on Sales [ROS] has declined in each of the last four quarters, with an average year-over-year change of -2.90 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Sales [ROS] in the past five years was Q4 2021, with a gain of 9.24 percentage points; the weakest was Q4 2025, with a drop of 23.46 percentage points.
- According to Business Quant data, Return on Sales [ROS] for the three prior quarters was 19.76% (Q2 2026), 16.55% (Q1 2026) and -2.24% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 18.19% |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 33.46% |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 27.34% |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 26.32% |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 29.40% |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | -9.36% |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | -66.38% |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 31.05% |
| 10 | Travel & Leisure | 4.62 Bn | 4.62 Bn | 1.08 Bn | 17.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.71% |
| Jun 30, 2026 | 19.76% |
| Mar 31, 2026 | 16.55% |
| Dec 31, 2025 | -2.24% |
| Sep 30, 2025 | 20.50% |
| Jun 30, 2025 | 20.24% |
| Mar 31, 2025 | 16.70% |
| Dec 31, 2024 | 21.22% |
| Sep 30, 2024 | 19.03% |
| Jun 30, 2024 | 19.19% |
| Mar 31, 2024 | 16.38% |
| Dec 31, 2023 | 20.41% |
| Sep 30, 2023 | 20.99% |
| Jun 30, 2023 | 19.28% |
| Mar 31, 2023 | 15.70% |
| Dec 31, 2022 | 18.02% |
| Sep 30, 2022 | 20.17% |
| Jun 30, 2022 | 20.07% |
| Mar 31, 2022 | 14.46% |
| Dec 31, 2021 | 22.41% |
API Access
Travel & Leisure Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();