Travel + Leisure Co.
TNL Consumer Cyclical Travel Services
Travel + Leisure Co.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 4.06% from fiscal 2024. In the quarter to June 2026, revenue grew 4.42%, EPS grew 7.36%, free cash flow was flat and total debt rose 2.20%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.
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Travel + Leisure Co. (TNL) EV/Sales
As of 9 October 2026, Travel + Leisure Co. (TNL) trades at a EV/Sales of 2.7×. Over the past ten years it has ranged from 1.6× (December 2015) to 5.3× (May 2021); the current reading is higher than 42% of that period. That is below the Travel Services industry median of 3.1× and above the Consumer Cyclical sector median of 1.0×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 2.9× | 5.13% |
| FY2024 | 2.8× | 2.56% |
| FY2023 | 2.7× | (1.72%) |
| FY2022 | 2.7× | (14.89%) |
| FY2021 | 3.2× | (22.65%) |
| FY2020 | 4.1× | 65.61% |
| FY2019 | 2.5× | (8.51%) |
| FY2018 | 2.7× | (8.99%) |
| FY2017 | 3.0× | 22.15% |
| FY2016 | 2.5× | 35.34% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.9× | 1.92% |
| Mar 2026 | 2.8× | (1.94%) |
| Dec 2025 | 2.9× | 5.48% |
| Sep 2025 | 2.7× | 2.79% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| TRIP TripAdvisor, Inc. compare | 0.6× |
| TCOM Trip.com Group Limited Sponsored ADR compare | 1.7× |
| EXPE Expedia Group, Inc. compare | 1.9× |
| CCL Carnival Corporation compare | 2.1× |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 2.2× |
| TNL Travel + Leisure Co. | 2.7× |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 3.5× |
| LIND Lindblad Expeditions compare | 3.7× |
| MMYT MakeMyTrip Limited compare | 4.7× |
| Travel Services industry median | 3.1× |
| Consumer Cyclical sector median | 1.0× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)