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

Hotels, Resorts & Cruise Lines
Market Cap in USD: 4,019m

IPO / Inception: 2006-08-01
Return 12m vs S&P 500: 12.0%

EPS (Earnings per Share)

EPS CAGR: 11.67%
EPS Trend: 55.2%

Last SUE: 0.26
Qual. Beats: 0

Revenue

Rev. CAGR: -13.23%
Rev. Trend: -14.9%

Last SUE: -4.00
Qual. Beats: 0

Dividends

Dividend Yield	4.01%
Yield on Cost 5y	7.86%
Yield CAGR 5y	5.74%
Payout Consistency	95.9%
Payout Ratio	35.7%

Risk via 10d forecast
Volatility	34.7%
Value at Risk 5%th	49.1%
Relative Tail Risk	-13.95%

Reward TTM
Sharpe Ratio	0.70
Alpha	10.66
CAGR/Max DD	0.81

Character TTM
Hurst Exponent	0.541
Beta	1.301
Beta Downside	1.338

Drawdowns 3y
Max DD	32.18%
Mean DD	8.41%
Median DD	7.34%

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.

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 (923.0m) ratio: 3.59 <= 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 3.43 (EBITDA TTM 923.0m / Interest Expense TTM 234.0m) >= 6 (WARN >= 3)

Altman Z'' 2.61

(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: 2.61 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.16

1. Piotroski 7.0pt

2. FCF Yield 10.92%

3. FCF Margin 23.33%

4. Debt/Equity -4.33

5. Debt/Ebitda 3.59

6. ROIC - WACC (= 5.64)%

7. RoE -47.56%

8. Rev. Trend -14.89%

9. EPS Trend 55.23%

What is the price of TNL shares?

As of November 27, 2025, the stock is trading at USD 68.35 with a total of 505,416 shares traded.
Over the past week, the price has changed by +10.15%, over one month by +3.88%, over three months by +11.80% and over the past year by +28.31%.

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	8.7%
Analysts Target Price	74.3	8.7%
ValueRay Target Price	76.6	12%

TNL Fundamental Data Overview November 20, 2025

Market Cap USD = 4.02b (4.02b USD * 1.0 USD.USD)
P/E Trailing = 10.1361
P/E Forward = 9.009
P/S = 1.0132
Beta = 1.416
Revenue TTM = 3.43b USD
EBIT TTM = 802.0m USD
EBITDA TTM = 923.0m USD
Long Term Debt = 5.56b USD (from longTermDebt, last quarter)
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 = 7.33b USD (4.02b + Debt 3.55b - CCE 240.0m)
Interest Coverage Ratio = 3.43 (Ebit TTM 802.0m / Interest Expense TTM 234.0m)
FCF Yield = 10.92% (FCF TTM 801.0m / Enterprise Value 7.33b)
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 = 1.06 (Enterprise Value 7.33b / Total Assets 6.89b)
Interest Expense / Debt = 1.69% (Interest Expense 60.0m / Debt 3.55b)
Taxrate = 29.75% (47.0m / 158.0m)
NOPAT = 563.4m (EBIT 802.0m * (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 = 3.59 (Net Debt 3.31b / EBITDA 923.0m)
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 = 17.08% (EBIT 802.0m / Capital Employed (Equity -864.2m + L.T.Debt 5.56b))
RoIC = 11.94% (NOPAT 563.4m / Invested Capital 4.72b)
WACC = 6.29% (E(4.02b)/V(7.57b) * Re(10.81%) + D(3.55b)/V(7.57b) * Rd(1.69%) * (1-Tc(0.30)))
Discount Rate = 10.81% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.36%
[DCF Debug] Terminal Value 72.98% ; FCFE base≈651.8m ; Y1≈804.1m ; Y5≈1.37b
Fair Price DCF = 230.7 (DCF Value 14.84b / Shares Outstanding 64.3m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 55.23 | EPS CAGR: 11.67% | SUE: 0.26 | # QB: 0
Revenue Correlation: -14.89 | Revenue CAGR: -13.23% | SUE: -4.0 | # QB: 0

Additional Sources for TNL Stock

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