Superworth

Travel & Leisure TNL

Travel Lodging, Consumer Cyclical
$64.93
−3.55%
Market cap
$4B
PE
17.7×
10y median 8.8×
Forward PE
n/m
not a meaningful number
Price to sales
1.0×
EV/EBIT
15.4×
Revenue, 12 months
$4.1B
+5% on a year ago
Net margin
5.8%
Free cash flow yield
11.1%

Travel & Leisure trades at 17.7× trailing earnings, pricier than 87% of the last ten years. Revenue was $4.1B over the last twelve months, up 5% on a year earlier with a 6% net margin.

Charts

Financials

Income statement for TNL, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$986M+5%$936M+4%$916M+4%$985M+4%$993M+1%$971M+4%$934M+2%$1B+3%$1B+5%$1B+6%$961M+3%$1.1B+4%
Cost of revenue$43M+10%$26M−19%$34M+13%$21M−36%$27M−37%$10M−62%$23M−32%$21M+0%$13M−52%$215M+2050%$35M+52%$29M+38%
Gross profit$943M+5%$910M+5%$882M+4%$964M+5%$966M+2%$961M+6%$911M+3%$997M+3%$1B+7%$810M−16%$926M+2%$1B+4%
SG&A$249M+3%$235M+0%$233M−1%$272M+13%$263M+6%$258M+10%$246M+6%$268M−2%$284M+8%$286M+11%$263M+7%$302M+13%
$207M+10%$191M+18%$150M+9%$189M+3%$189M−9%$206M+8%$156M+4%$206M+9%$214M+13%−$23M$159M+2%$210M+2%
Interest expense$64M+33%$68M+31%$64M+10%$63M+3%$63M−2%$60M−12%$57M−11%$57M−10%$60M−5%$57M−5%$56M−2%$59M+4%
Pre-tax income$148M−9%$127M+7%$92M+8%$133M+6%$130M−12%$157M+24%$101M+10%$152M+14%$158M+22%−$73M$108M+7%$155M+2%
$38M−17%−$2M$26M+18%$36M+0%$33M−13%$39M$28M+8%$44M+22%$47M+42%−$12M$29M+4%$46M+5%
Net income$110M−5%$129M+42%$66M+3%$129M+37%$97M−12%$119M−8%$73M+11%$108M−16%$111M+14%−$61M$79M+8%$109M+1%
$1.49+8%$1.77+57%$0.92+14%$1.81+45%$1.39−7%$1.70−4%$1.07+16%$1.62−11%$1.67+20%−$0.95$1.22+14%$1.72+6%
73.6M−12%72.9M−9%72M−8%71M−6%70.2M−5%69.8M−4%68.2M−5%66.5M−6%66.1M−6%64.1M−8%64.4M−6%63.4M−5%

Gross profit: 36 periods, Q3 FY17 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: Q4 FY09 and Q4 FY10: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 8 periods, Q2 FY17 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q3 FY09: not printed by the filing, worked out from its own lines. 5 periods, Q4 FY10 to Q4 FY24: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

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

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
TNLTravel & Leisure$4B17.7×8.8×1.0×+5%5.8%
CHHChoice Hotels International$4.9B15.3×23.6×3.0×+3%20.3%
RRRRed Rock Resorts$5.2B19.7×21.4×2.6×+1%8.4%
WHWyndham Hotels & Resorts$5.3B26.8×25.5×3.7×+1%14.0%
HGVHilton Grand Vacations$2.8B20.3×15.9×0.5×+5%2.9%
SHOSunstone Hotel Investors$2.3B56.9×21.5×n/mn/mn/m
MGMMGM Resorts International$7.1B17.0×14.7×0.4×+3%2.4%
WYNNWynn Resorts$7.5B17.4×25.1×1.0×+6%6.1%
MCRIMonarch Casino & Resort$2B18.1×21.2×3.6×+5%20.4%
HHyatt Hotels$16.3B210×24.1×2.3×+6%1.1%
Peer median$5.2B19.7×21.5×2.4×+4%7.2%

More on Travel & Leisure

Each number over time

Where it ranks

Its groups

About

Industry
Travel Lodging
Sector
Consumer Cyclical

Valuation data, not investment advice. Prices as of .