Superworth

Travel & Leisure price to free cash flow TNL

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026
9.0×
10-year median
8.8×
Against its 10-year history
54th
percentile: 0 is its lowest day, 100 its highest
10-year range
4.1× to 18.1×
Peer median
16.0×

Travel & Leisure's price to free cash flow is 9.0× as of Oct 23, 2026.

That is above its ten-year median of 8.8×, close to the middle of its last ten years.

Over that time it ranged from 4.1× in Nov 2016 to 18.1× in Mar 2021.

The median for 9 hotel stocks of a similar size is 16.0×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far9.0×8.1×11.0×
20259.2×6.5×9.7×
20248.1×7.6×12.6×
20239.0×7.1×12.7×
20228.5×5.9×9.8×
20219.0×7.9×18.1×
202014.4×4.7×16.2×
201915.9×6.1×15.9×
20186.0×5.7×8.6×
20177.9×4.9×7.9×
20164.9×4.1×5.5×
20155.8×5.6×7.0×
20145.9×5.1×5.9×
20135.3×4.0×5.3×
20124.4×3.5×4.8×
20113.5×3.1×5.7×

Against its peers

Companies in Travel Lodging nearest Travel & Leisure's size, closest first, today.

CompanyPrice to free cash flow
TNLTravel & Leisure9.0×
CHHChoice Hotels International31.9×
RRRRed Rock Resorts27.0×
WHWyndham Hotels & Resorts16.0×
HGVHilton Grand Vacations6.8×
SHOSunstone Hotel Investors23.7×
MGMMGM Resorts International4.7×
WYNNWynn Resorts9.5×
MCRIMonarch Casino & Resort13.1×
HHyatt Hotels64.5×
Peer median16.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Travel & Leisure

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.