Overview Dividends

(TNL) Travel + Leisure - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8941641024

Vacation Ownership, Travel Membership, Exchange Networks, Booking Technology

TNL EPS (Earnings per Share)

EPS Growth (3Y CAGR): 12.56%
EPS Trend (3Y Correlation): 41.4%

TNL Revenue

Revenue Growth (3Y CAGR): -18.57%
Revenue Trend (3Y Correlation): -33.0%

Risk via 10d forecast
Volatility	34.3%
Value at Risk 5%th	49.0%

Reward
Sharpe Ratio	0.68
Alpha Jensen	4.58

Character
Hurst Exponent
Beta	1.488

Drawdowns 3y
Max DD	32.18%
Mean DD	8.32%

Description: TNL Travel + Leisure November 07, 2025

Travel + Leisure Co. (NYSE:TNL) operates two core segments: Vacation Ownership, which develops, markets, and finances vacation ownership interests (VOIs) and provides resort property-management services; and Travel & Membership, which runs vacation-exchange brands, travel-technology platforms, membership programs, direct-to-consumer rentals, and private-label booking solutions. The firm maintains a strategic alliance with Hornblower Group and rebranded from Wyndham Destinations in February 2021. Headquartered in Orlando, Florida, the company serves both U.S. and international travelers.

Key metrics from the most recent fiscal year show total revenue of roughly $2.2 billion, with the Vacation Ownership segment contributing about 65 % of that amount. The business is sensitive to consumer-discretionary spending and mortgage-rate trends-higher rates can suppress VOI financing demand, while a robust labor market supports travel-related consumption. Additionally, the broader hospitality sector is benefiting from a rebound in leisure travel, with U.S. hotel occupancy rates climbing above 70 % in 2024, indicating a favorable macro backdrop for TNL’s membership and exchange services.

For a deeper, data-driven assessment of TNL’s valuation and risk profile, you may find it worthwhile to explore the analyst tools on ValueRay.

TNL Stock Overview

Market Cap in USD	4,072m
Sub-Industry	Hotels, Resorts & Cruise Lines
IPO / Inception	2006-08-01
Return 12m vs S&P 500	8.90%
Analyst Rating	4.17 of 5

TNL Dividends

Dividend Yield	3.37%
Yield on Cost 5y	5.98%
Yield CAGR 5y	5.74%
Payout Consistency	97.6%
Payout Ratio	34.7%

TNL Growth Ratios

CAGR	24.49%
CAGR/Max DD Calmar Ratio	0.76
CAGR/Mean DD Pain Ratio	2.94
Current Volume	544.5k
Average Volume	666.1k

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (411.0m TTM) > 0 and > 6% of Revenue (6% = 206.0m TTM)

FCFTA 0.12 (>2.0%) and ΔFCFTA 5.23pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 9.03% (prev 85.38%; Δ -76.35pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.14 (>3.0%) and CFO 967.0m > Net Income 411.0m (YES >=105%, WARN >=100%)

Net Debt (3.31b) to EBITDA (859.0m) ratio: 3.86 <= 3.0 (WARN <= 3.5)

Current Ratio 1.23 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (66.5m) change vs 12m ago -5.27% (target <= -2.0% for YES)

Gross Margin 56.26% (prev 48.75%; Δ 7.51pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 50.54% (prev 57.18%; Δ -6.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.15 (EBITDA TTM 859.0m / Interest Expense TTM 234.0m) >= 6 (WARN >= 3)

Altman Z'' 2.54

(A) 0.04 = (Total Current Assets 1.68b - Total Current Liabilities 1.37b) / Total Assets 6.89b

(B) 0.36 = Retained Earnings (Balance) 2.51b / Total Assets 6.89b

(D) 0.32 = Book Value of Equity 2.44b / Total Liabilities 7.71b

Total Rating: 2.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.32

1. Piotroski 7.0pt = 2.0

2. FCF Yield 10.84% = 5.0

3. FCF Margin 23.33% = 5.83

4. Debt/Equity -4.33 = -2.50

5. Debt/Ebitda 3.86 = -2.48

6. ROIC - WACC (= 4.30)% = 5.38

7. RoE -47.56% = -2.50

8. Rev. Trend -33.03% = -2.48

9. EPS Trend 41.36% = 2.07

What is the price of TNL shares?

As of November 13, 2025, the stock is trading at USD 64.69 with a total of 544,492 shares traded.
Over the past week, the price has changed by +2.39%, over one month by +8.87%, over three months by +7.90% and over the past year by +26.19%.

Is Travel + Leisure a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Travel + Leisure is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 60.32 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TNL is around 65.04 USD . This means that TNL is currently overvalued and has a potential downside of 0.54%.

Is TNL a buy, sell or hold?

Travel + Leisure has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy TNL.

Strong Buy: 6
Buy: 3
Hold: 2
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the TNL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	74.3	14.8%
Analysts Target Price	74.3	14.8%
ValueRay Target Price	71.3	10.3%

TNL Fundamental Data Overview November 05, 2025

Market Cap USD = 4.07b (4.07b USD * 1.0 USD.USD)
P/E Trailing = 10.4801
P/E Forward = 9.1659
P/S = 1.0265
Beta = 1.488
Revenue TTM = 3.43b USD
EBIT TTM = 738.0m USD
EBITDA TTM = 859.0m USD
Long Term Debt = 5.57b USD (from longTermDebt, last fiscal year)
Short Term Debt = 603.0m USD (from shortTermDebt, last fiscal year)
Debt = 3.55b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.31b USD (from netDebt column, last quarter)
Enterprise Value = 7.39b USD (4.07b + Debt 3.55b - CCE 240.0m)
Interest Coverage Ratio = 3.15 (Ebit TTM 738.0m / Interest Expense TTM 234.0m)
FCF Yield = 10.84% (FCF TTM 801.0m / Enterprise Value 7.39b)
FCF Margin = 23.33% (FCF TTM 801.0m / Revenue TTM 3.43b)
Net Margin = 11.97% (Net Income TTM 411.0m / Revenue TTM 3.43b)
Gross Margin = 56.26% ((Revenue TTM 3.43b - Cost of Revenue TTM 1.50b) / Revenue TTM)
Gross Margin QoQ = 97.46% (prev 49.71%)
Tobins Q-Ratio = 1.07 (Enterprise Value 7.39b / Total Assets 6.89b)
Interest Expense / Debt = 1.69% (Interest Expense 60.0m / Debt 3.55b)
Taxrate = 29.75% (47.0m / 158.0m)
NOPAT = 518.5m (EBIT 738.0m * (1 - 29.75%))
Current Ratio = 1.23 (Total Current Assets 1.68b / Total Current Liabilities 1.37b)
Debt / Equity = -4.33 (negative equity) (Debt 3.55b / totalStockholderEquity, last quarter -821.0m)
Debt / EBITDA = 3.86 (Net Debt 3.31b / EBITDA 859.0m)
Debt / FCF = 4.14 (Net Debt 3.31b / FCF TTM 801.0m)
Total Stockholder Equity = -864.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.96% (Net Income 411.0m / Total Assets 6.89b)
RoE = -47.56% (negative equity) (Net Income TTM 411.0m / Total Stockholder Equity -864.2m)
RoCE = 15.68% (EBIT 738.0m / Capital Employed (Equity -864.2m + L.T.Debt 5.57b))
RoIC = 11.00% (NOPAT 518.5m / Invested Capital 4.71b)
WACC = 6.69% (E(4.07b)/V(7.63b) * Re(11.50%) + D(3.55b)/V(7.63b) * Rd(1.69%) * (1-Tc(0.30)))
Discount Rate = 11.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.36%
[DCF Debug] Terminal Value 71.03% ; FCFE base≈651.8m ; Y1≈804.1m ; Y5≈1.37b
Fair Price DCF = 211.1 (DCF Value 13.58b / Shares Outstanding 64.3m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 41.36 | EPS CAGR: 12.56% | SUE: 0.26 | # QB: 0
Revenue Correlation: -33.03 | Revenue CAGR: -18.57% | SUE: -4.0 | # QB: 0

Additional Sources for TNL Stock

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