Travel & Leisure (TNL) Shares Outstanding (Entity) (2009 - 2026)
Travel & Leisure (TNL) reported Shares Outstanding (Entity) of 60.25 million for Q3 2026, down 6.3% from 64.33 million a year earlier and down 1.6% from the prior quarter.
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Analysis
Travel & Leisure (TNL) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Travel & Leisure posted Shares Outstanding (Entity) of 62.4 million, down 6.4% from FY2024.
- Shares Outstanding (Entity) has declined for 16 consecutive years, with a five-year compound annual growth rate of -6.2% (FY2020 to FY2025).
- By year, Shares Outstanding (Entity) came in at 66.7 million in FY2024 (-6.1%), 71.03 million in FY2023 (-8.4%), 77.56 million in FY2022 (-9.5%) and 85.71 million in FY2021 (-0.3%).
- The Q3 2026 figure ranks as the lowest quarterly Shares Outstanding (Entity) in data going back to Q4 2009.
- Year over year, Shares Outstanding (Entity) has now declined in each of the last 20 quarters, with an average decline of 6.3% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Entity) ranged from 0.3% (Q4 2021) to 11.8% (Q2 2023).
- Per Business Quant data, the three quarters before Q3 2026 came in at 61.2 million (Q2 2026), 62.42 million (Q1 2026) and 62.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 105.39 Bn | 103.43 Bn | 1.55 Bn | 260.77 Mn |
| 2 | Royal Caribbean Cruises | 81.61 Bn | 78.54 Bn | 2.88 Bn | 267.47 Mn |
| 3 | Hilton Worldwide Holdings | 79.79 Bn | 76.53 Bn | 3.05 Bn | 223.09 Mn |
| 4 | Carnival | 39.37 Bn | 32.56 Bn | - | 1.34 Bn |
| 5 | Viking Holdings | 38.86 Bn | 23.98 Bn | 996.62 Mn | - |
| 6 | Trip.com | 26.00 Bn | -19.04 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 25.87 Bn | 21.84 Bn | - | - |
| 8 | Hyatt Hotels | 16.96 Bn | 14.38 Bn | 384.00 Mn | 94.02 Mn |
| 9 | H World | 14.64 Bn | 6.04 Bn | 456.00 Mn | - |
| 10 | Travel & Leisure | 4.36 Bn | 4.36 Bn | 1.08 Bn | 60.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 60.25 Mn |
| Jun 30, 2026 | 61.20 Mn |
| Mar 31, 2026 | 62.42 Mn |
| Dec 31, 2025 | 62.40 Mn |
| Sep 30, 2025 | 64.33 Mn |
| Jun 30, 2025 | 64.92 Mn |
| Mar 31, 2025 | 66.42 Mn |
| Dec 31, 2024 | 66.70 Mn |
| Sep 30, 2024 | 68.41 Mn |
| Jun 30, 2024 | 69.76 Mn |
| Mar 31, 2024 | 71.26 Mn |
| Dec 31, 2023 | 71.03 Mn |
| Sep 30, 2023 | 72.42 Mn |
| Jun 30, 2023 | 73.92 Mn |
| Mar 31, 2023 | 76.30 Mn |
| Dec 31, 2022 | 77.56 Mn |
| Sep 30, 2022 | 81.28 Mn |
| Jun 30, 2022 | 83.82 Mn |
| Mar 31, 2022 | 85.42 Mn |
| Dec 31, 2021 | 85.71 Mn |
API Access
Travel & Leisure Shares Outstanding (Entity) 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-entity&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();