Travel & Leisure (TNL) Times Interest Earned (2010 - 2026)
Travel & Leisure's (TNL) Times Interest Earned stood at 2.19 in Q3 2026, down 4.8% from 2.30 a year earlier and down 4.0% from the prior quarter.
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Analysis
Travel & Leisure (TNL) Times Interest Earned (2010 - 2026) Analysis & Trends
On a TTM basis, Travel & Leisure's Times Interest Earned came in at 1.50 as of Sep 30, 2026, down 29.1% year-over-year; for FY2025, it came in at 1.51, down 20.9% from FY2024.
- Annual Times Interest Earned has declined for three straight years.
- Across earlier years, Times Interest Earned came in at 1.90 in FY2024 (-4.0%), 1.98 in FY2023 (-16.8%), 2.38 in FY2022 (+7.6%) and 2.22 in FY2021.
- Quarterly Times Interest Earned has ranged from -0.25 in Q4 2025 to 2.89 in Q2 2022 over the past five years.
- On a year-over-year basis, Times Interest Earned rose in six of the last seven quarters, with growth averaging 8.3%.
- Peak year-over-year performance for Times Interest Earned in the last five years was growth of 162.7% in Q4 2021, against a decline of 28.1% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.28 (Q2 2026), 1.79 (Q1 2026) and -0.25 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 105.39 Bn | 103.43 Bn | 1.55 Bn | 5.56 |
| 2 | Royal Caribbean Cruises | 81.61 Bn | 78.54 Bn | 2.88 Bn | 6.43 |
| 3 | Hilton Worldwide Holdings | 79.79 Bn | 76.53 Bn | 3.05 Bn | 4.94 |
| 4 | Carnival | 39.37 Bn | 32.56 Bn | - | 7.79 |
| 5 | Viking Holdings | 38.86 Bn | 23.98 Bn | 996.62 Mn | 7.84 |
| 6 | Trip.com | 26.00 Bn | -19.04 Bn | 1.84 Bn | -12.71 |
| 7 | Intercontinental Hotels | 25.87 Bn | 21.84 Bn | - | - |
| 8 | Hyatt Hotels | 16.96 Bn | 14.38 Bn | 384.00 Mn | -17.80 |
| 9 | H World | 14.64 Bn | 6.04 Bn | 456.00 Mn | 36.22 |
| 10 | Travel & Leisure | 4.36 Bn | 4.36 Bn | 1.08 Bn | 2.19 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.19 |
| Jun 30, 2026 | 2.28 |
| Mar 31, 2026 | 1.79 |
| Dec 31, 2025 | -0.25 |
| Sep 30, 2025 | 2.30 |
| Jun 30, 2025 | 2.26 |
| Mar 31, 2025 | 1.71 |
| Dec 31, 2024 | 2.17 |
| Sep 30, 2024 | 1.93 |
| Jun 30, 2024 | 1.97 |
| Mar 31, 2024 | 1.55 |
| Dec 31, 2023 | 1.93 |
| Sep 30, 2023 | 2.23 |
| Jun 30, 2023 | 2.08 |
| Mar 31, 2023 | 1.66 |
| Dec 31, 2022 | 2.13 |
| Sep 30, 2022 | 2.78 |
| Jun 30, 2022 | 2.89 |
| Mar 31, 2022 | 1.83 |
| Dec 31, 2021 | 2.83 |
API Access
Travel & Leisure Times Interest Earned 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=times-interest-earned&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();