Travel & Leisure (TNL) Tax Rate (2010 - 2026)
Travel & Leisure (TNL) posted quarterly Tax Rate of 29.68% for Q2 2026, up 73.0% year-over-year from 17.15% in Q2 2025, and up 10.52% quarter-over-quarter from 26.85% in Q1 2026.
Travel & Leisure (TNL) Tax Rate (2010 - 2026) Analysis & Trends
Travel & Leisure's Tax Rate history runs 17 years deep, the most recent figure standing at 29.68% for Q2 2026.
- In Q2 2026, Tax Rate rose 73.0% year-over-year to 29.68%; the TTM figure through Jun 2026 stood at 31.61% (up 494.0% YoY), while the FY2025 annual figure was 31.75%, up 543.0% from the prior year.
- Tax Rate for Q2 2026 stood at 29.68%, up from 26.85% in the prior quarter.
- The five-year high for Tax Rate was 31.08% in Q1 2022, with the low at 1.57% in Q4 2023.
- The 5-year median for Tax Rate is 26.96% (2024), against an average of 25.1%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 2594 bps in 2023, then surged 2642 bps in 2024.
- Travel & Leisure's Tax Rate stood at 24.37% in 2022, then plunged by 106 bps to 1.57% in 2023, then surged by 1677 bps to 24.84% in 2024, then tumbled by 34 bps to 16.44% in 2025, then surged by 81 bps to 29.68% in 2026.
- Business Quant data shows TNL's Tax Rate at 29.68% in Q2 2026, 26.85% in Q1 2026, and 16.44% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.63 Bn | 140.41 Bn | 4.98 Bn | 23.83% |
| 2 | Airbnb | 106.16 Bn | 94.09 Bn | 2.98 Bn | 9.03% |
| 3 | Royal Caribbean Cruises | 81.03 Bn | 80.11 Bn | 2.29 Bn | 1.22% |
| 4 | Viking Holdings | 44.28 Bn | 40.47 Bn | 713.43 Mn | -1.63% |
| 5 | Carnival | 38.41 Bn | 36.17 Bn | - | 3.06% |
| 6 | Expedia | 38.31 Bn | 31.18 Bn | 3.91 Bn | 14.80% |
| 7 | Trip.com | 29.06 Bn | 17.36 Bn | 1.86 Bn | -19.46% |
| 8 | Norwegian Cruise Line Holdings | 8.36 Bn | 8.15 Bn | 1.05 Bn | 1.51% |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | -41.01% |
| 10 | Travel & Leisure | 4.62 Bn | 4.33 Bn | 891.00 Mn | 29.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.68% |
| Jun 30, 2026 | 29.68% |
| Jun 30, 2026 | 29.68% |
| Mar 31, 2026 | 26.85% |
| Mar 31, 2026 | 26.85% |
| Mar 31, 2026 | 26.85% |
| Dec 31, 2025 | 16.44% |
| Dec 31, 2025 | 16.44% |
| Dec 31, 2025 | 16.44% |
| Sep 30, 2025 | 29.75% |
| Sep 30, 2025 | 29.75% |
| Sep 30, 2025 | 29.75% |
| Jun 30, 2025 | 28.95% |
| Jun 30, 2025 | 28.95% |
| Jun 30, 2025 | 28.95% |
| Mar 31, 2025 | 27.72% |
| Mar 31, 2025 | 27.72% |
| Mar 31, 2025 | 27.72% |
| Dec 31, 2024 | 24.84% |
| Dec 31, 2024 | 24.84% |