Travel + Leisure Co. (TNL) is a publicly traded company in the Consumer Cyclical — Travel Services industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Travel + Leisure Co. functions as a global hospitality enterprise, delivering a diverse range of services and products through its two primary divisions: Vacation Ownership and Travel & Membership. The Vacation Ownership segment focuses on the development, marketing, and sale of fractional vacation ownership interests (VOIs) directly to individual consumers.
Is Travel + Leisure Co. stock overvalued or undervalued in 2026?
As of October 2, 2026, Travel + Leisure Co. (TNL) trades at 16.5× earnings (P/E), against a median of 18.1× across the 202 consumer cyclicals companies above $2bn in Kaplio's universe. Kaplio's verdict: expensive. At the decade median (8.5×) $33 (-49 %); at its sector median (18.1×) $70 (+10 %).
Kaplio overview: Travel + Leisure Co.
Market cap $4B · 52 weeks $58 – $79 (21 % below the high) · P/E 16.5× · 2027 expected P/E 7.3× · Dividend 3.8 % · 4 years rising · Next earnings October 27, 2026 · expected EPS $2.05 · Price as of Oct 2 · accounts published Jul 22.
- Valuation: P/E 16.5× (expensive).
- Business: 5-year ROIC 10.6 % (weak).
- Balance sheet: Net debt/EBITDA 5.6× (fragile).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (8.5×) $33 (-49 %); at its sector median (18.1×) $70 (+10 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in consumer cyclicals: 4 of 7 pass
- Inventory turnover 2.6×, fails.
- 5y avg ROIC 10.6 %, fails.
- Net debt / EBITDA 5.6×, fails.
- 5y avg operating margin 18.8 %, passes.
- Current Ratio 3.15, passes.
- Altman Z-Score 1.9, passes.
- EV/Sales vs history 2.3×, passes.
- Inverse P/E in cyclicals 16.5×, info.
Against its peers (reference peers) — Travel + Leisure Co.: P/E 16.6×; EV/EBITDA 13.1×; ROIC 7.8 %; $3.9B. Silgan Holdings Inc. (P/E 13.7×; EV/EBITDA 9.7×; ROIC 5.1 %; $3.7B), Dorman Products, Inc. (P/E 16.9×; EV/EBITDA 12.2×; ROIC 13.0 %; $3.7B), Kontoor Brands, Inc. (P/E 13.4×; EV/EBITDA 11.6×; ROIC 14.2 %; $3.6B).
Expensive or cheap against its last ten years?
P/E at each close: today 16.6× · median 8.5× · minimum 3.4× · maximum 20.3× · cheap below 6.9× · expensive above 10.7×. It has been cheaper than today 95% of the time over its last ten years.
Dividend
solid · Yield 3.82 % ($2.27 per share in 2025) · Years raising it 4 · 5-year growth +7 % a year · Free cash flow coverage 2.8× · With $1,000 invested today you'd collect $38.20 a year ($3.18 a month).
Profitability
| Return on Equity | -24.76% |
| Return on Invested Capital | 7.85% |
| Return on Assets | 3.45% |
| Gross Margin | 45.19% |
| Operating Margin | 15.19% |
| Net Margin | 5.81% |
Financial Health
| Debt / Equity | -5.60 |
| Current Ratio | 3.15 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 1.91 |
Price Performance
| 1 month | -6.95% |
| 3 months | -15.10% |
| Year-to-date | -12.49% |
| 1 year | -0.39% |
| 3 years | +80.84% |
| 5 years | +12.16% |
Dividend History
Paid in the last 12 months: $2.3600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-16 | $0.6000 |
| 2026-06-12 | $0.6000 |
| 2026-03-20 | $0.6000 |
| 2025-12-12 | $0.5600 |
| 2025-09-12 | $0.5600 |
| 2025-06-13 | $0.5600 |
| 2025-03-17 | $0.5600 |
| 2024-12-13 | $0.5000 |
| 2024-09-13 | $0.5000 |
| 2024-06-14 | $0.5000 |
Amounts adjusted for stock splits.
Related companies: CHH · CVCO · DORM · EAT · KBH · KTB · PVH
Explore sector: Consumer Cyclical · Travel Services
More sections of TNL: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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