Travel & Leisure (TNL) Shares Outstanding (2009 - 2026)
Travel & Leisure (TNL) posted Shares Outstanding of 62.3 million for Q2 2026, down 5.7% from 66.1 million a year earlier and down 1.0% from the prior quarter.
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Analysis
Travel & Leisure (TNL) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Travel & Leisure's Shares Outstanding came in at 65.6 million, down 6.4% from FY2024.
- Annual Shares Outstanding has declined for four consecutive years, with a five-year compound annual growth rate of -5.3% (FY2020 to FY2025).
- In prior years, Travel & Leisure's Shares Outstanding was 70.1 million in FY2024 (-5.9%), 74.5 million in FY2023 (-10.7%), 83.4 million in FY2022 (-3.6%) and 86.5 million in FY2021 (+0.5%).
- The Q2 2026 figure stands as the lowest quarterly Shares Outstanding in data going back to Q4 2009.
- On a year-over-year basis, Shares Outstanding has declined in each of the last 18 quarters, with an average decline of 6.1% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was Q3 2021, with growth of 0.8%; the weakest was Q3 2023, with a decline of 11.7%.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 62.9 million (Q1 2026), 65.6 million (Q4 2025) and 65.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 263.90 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 227.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 268.00 Mn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 443.50 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 1.36 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | 154.40 Mn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 657.75 Mn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 94.30 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 307.09 Mn |
| 10 | Travel & Leisure | 3.79 Bn | 3.79 Bn | 1.03 Bn | 62.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.30 Mn |
| Mar 31, 2026 | 62.90 Mn |
| Dec 31, 2025 | 65.60 Mn |
| Sep 30, 2025 | 65.20 Mn |
| Jun 30, 2025 | 66.10 Mn |
| Mar 31, 2025 | 67.10 Mn |
| Dec 31, 2024 | 70.10 Mn |
| Sep 30, 2024 | 69.80 Mn |
| Jun 30, 2024 | 70.80 Mn |
| Mar 31, 2024 | 71.50 Mn |
| Dec 31, 2023 | 74.50 Mn |
| Sep 30, 2023 | 73.30 Mn |
| Jun 30, 2023 | 75.20 Mn |
| Mar 31, 2023 | 77.50 Mn |
| Dec 31, 2022 | 83.40 Mn |
| Sep 30, 2022 | 83.00 Mn |
| Jun 30, 2022 | 85.00 Mn |
| Mar 31, 2022 | 85.90 Mn |
| Dec 31, 2021 | 86.50 Mn |
| Sep 30, 2021 | 86.60 Mn |
API Access
Travel & Leisure Shares Outstanding 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=shares-outstanding&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();