Travel & Leisure (TNL) Total Debt (2009 - 2026)
Travel & Leisure's Total Debt was $4.04 billion in Q3 2026, up 13.7% from $3.55 billion a year earlier and up 9.2% from the prior quarter.
Powered by 
Analysis
Travel & Leisure (TNL) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Travel & Leisure came in at $3.47 billion, up 0.2% from FY2024.
- Total Debt shows a five-year compound annual growth rate of -3.7% (FY2020 to FY2025).
- In earlier years, Total Debt was $3.47 billion in FY2024 (-3.0%), $3.58 billion in FY2023 (-2.6%), $3.67 billion in FY2022 (+8.6%) and $3.38 billion in FY2021 (-19.2%).
- The Q3 2026 figure marks the highest quarterly Total Debt since Q4 2020.
- Compared with a year earlier, Total Debt has increased for six straight quarters, with growth averaging 1.2% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q3 2026 (growth of 13.7%); the worst was Q4 2021 (a decline of 19.2%).
- Per Business Quant data, TNL's Total Debt in the three quarters before Q3 2026 was $3.7 billion (Q2 2026), $3.65 billion (Q1 2026) and $3.47 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.86 Bn | 107.91 Bn | 1.55 Bn | 16.92 Bn |
| 2 | Royal Caribbean Cruises | 85.68 Bn | 82.61 Bn | 2.88 Bn | 22.36 Bn |
| 3 | Hilton Worldwide Holdings | 81.68 Bn | 78.41 Bn | 3.05 Bn | 13.36 Bn |
| 4 | Carnival | 40.84 Bn | 34.03 Bn | - | 23.91 Bn |
| 5 | Viking Holdings | 38.56 Bn | 23.69 Bn | 996.62 Mn | 5.94 Bn |
| 6 | Trip.com | 27.02 Bn | -18.02 Bn | 1.84 Bn | 3.89 Bn |
| 7 | Intercontinental Hotels | 26.45 Bn | 22.42 Bn | - | -1.05 Bn |
| 8 | Hyatt Hotels | 17.46 Bn | 14.88 Bn | 384.00 Mn | 4.43 Bn |
| 9 | H World | 14.88 Bn | 6.29 Bn | 456.00 Mn | 623.00 Mn |
| 10 | Travel & Leisure | 4.62 Bn | 4.62 Bn | 1.08 Bn | 4.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.04 Bn |
| Jun 30, 2026 | 3.70 Bn |
| Mar 31, 2026 | 3.65 Bn |
| Dec 31, 2025 | 3.47 Bn |
| Sep 30, 2025 | 3.55 Bn |
| Jun 30, 2025 | 3.63 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Dec 31, 2024 | 3.47 Bn |
| Sep 30, 2024 | 3.55 Bn |
| Jun 30, 2024 | 3.58 Bn |
| Mar 31, 2024 | 3.87 Bn |
| Dec 31, 2023 | 3.58 Bn |
| Sep 30, 2023 | 3.73 Bn |
| Jun 30, 2023 | 3.67 Bn |
| Mar 31, 2023 | 3.48 Bn |
| Dec 31, 2022 | 3.67 Bn |
| Sep 30, 2022 | 3.39 Bn |
| Jun 30, 2022 | 3.38 Bn |
| Mar 31, 2022 | 3.38 Bn |
| Dec 31, 2021 | 3.38 Bn |
API Access
Travel & Leisure Total Debt 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=total-debt&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();