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Friday 6 November 2026 Export TNL’s income statement to Excel — free account

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.

Revenue
+5.46%
EPS
+4.12%
Free cash flow
−18.4%
Total debt
+8.75%

Quarter to September 2026, against a year earlier

75.16 2.46 −3.17%
Market cap
$4.5B
P/E
19.7×
Fwd P/E
10.4×
Dividend yield
3.14%
F-score
6/9
Altman Z
2.28
Beneish M
−2.71
Dividend safety
53/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Travel + Leisure Co. (TNL) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Travel + Leisure Co. (TNL) trades at a P/S ratio of 1.1×. Over the past ten years it has ranged from 0.4× (March 2020) to 2.6× (March 2021); the current reading is higher than 63% of that period. That is below the Travel Services industry median of 2.6× and above the Consumer Cyclical sector median of 0.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 1.2× 25.72%
FY2024 0.9× 12.94%
FY2023 0.8× (1.98%)
FY2022 0.8× (45.80%)
FY2021 1.5× (14.69%)
FY2020 1.8× 51.86%
FY2019 1.2× 30.59%
FY2018 0.9× (38.94%)
FY2017 1.5× 39.87%
FY2016 1.1× 33.07%

Quarterly newest first

Period P/S ratio Change
Sep 2026 0.9× (21.44%)
Jun 2026 1.2× 8.20%
Mar 2026 1.1× (6.57%)
Dec 2025 1.2× 17.66%
43 more quarters

Against its own ten years

Low 0.4× High 2.6×
Ten-year median 1.0×
Current reading's percentile 59

P/S ratio against peers

Company P/S ratio
TRIP TripAdvisor, Inc. compare 0.5×
NCLH Norwegian Cruise Line Holdings Ltd. compare 0.8×
TNL Travel + Leisure Co. 1.1×
EXPE Expedia Group, Inc. compare 2.0×
LIND Lindblad Expeditions compare 2.4×
TCOM Trip.com Group Limited Sponsored ADR compare 2.9×
PRSU Pursuit Attractions and Hospitality, Inc. compare 3.1×
MMYT MakeMyTrip Limited compare 4.7×
VIK Viking Holdings Ltd. compare 5.5×
Travel Services industry median 2.6×
Consumer Cyclical sector median 0.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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