(TNL) Travel + Leisure - Ratings and Ratios

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

Timeshares, Exchange, Membership, Financing, Rentals

Stock: Hotels, Resorts & Cruise Lines
Age 19.5y

MCap 4,866m
Avg Vol 523K (38.2M USD)

Beta 1.314
Volatility 34.32%

EPS (Earnings per Share)

EPS CAGR: -38.65%
EPS Trend: -2.1%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 4.98%
Rev. Trend: 79.3%

Last SUE: 1.05
Qual. Beats: 2

Dividends

Dividend Yield	4.04%
Yield on Cost 5y	5.61%
Yield CAGR 5y	15.70%
Payout Consistency	97.7%
Payout Ratio	35.7%

Risk via 5d forecast
Volatility	34.3%
Value at Risk 5%th	48.4%
Relative Tail Risk	-14.30%

Reward TTM
Sharpe Ratio	1.06
Alpha	22.98
CAGR/Max DD	0.79

Character TTM
Hurst Exponent	0.492
Beta	1.314
Beta Downside	1.280

Drawdowns 3y
Max DD	32.18%
Mean DD	8.28%
Median DD	7.20%

Description: TNL Travel + Leisure January 10, 2026

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 company maintains a strategic alliance with Hornblower Group and rebranded from Wyndham Destinations in February 2021.

Key operating metrics show FY 2023 revenue of roughly $2.3 billion, with the Vacation Ownership segment contributing about 68 % of total sales and delivering an adjusted EBITDA margin near 22 %. The Travel & Membership segment posted a 12 % YoY revenue increase, driven by higher utilization of its proprietary booking technology and a 15 % rise in membership renewals.

Sector-level drivers remain the health of discretionary consumer spending and the cost of financing; rising interest rates have modestly pressured VOI financing volumes, while a rebound in domestic leisure travel and the shift toward “stay-cation” experiences continue to support demand for vacation-ownership products.

For a deeper quantitative view, you may find ValueRay’s model on TNL worth a look.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (411.0m TTM) > 0 and > 6% of Revenue (6% = 238.0m TTM)

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

NWC/Revenue 7.81% (prev 85.38%; Δ -77.56pp) (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 (5.34b) to EBITDA (923.0m) ratio: 5.78 <= 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 50.67% (prev 48.75%; Δ 1.92pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 58.38% (prev 57.18%; Δ 1.20pp) >=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) 67.96

1. Piotroski 7.50pt

2. FCF Yield 7.85%

3. FCF Margin 20.19%

4. Debt/Equity -6.79

5. Debt/Ebitda 5.78

6. ROIC - WACC (= 6.52)%

7. RoE -47.56%

8. Rev. Trend 79.28%

9. EPS Trend -2.10%

What is the price of TNL shares?

As of January 19, 2026, the stock is trading at USD 72.41 with a total of 546,891 shares traded.
Over the past week, the price has changed by -2.79%, over one month by +1.37%, over three months by +21.33% and over the past year by +41.11%.

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	75.8	4.6%
Analysts Target Price	75.8	4.6%
ValueRay Target Price	83.4	15.2%

TNL Fundamental Data Overview January 15, 2026

P/E Trailing = 12.3328
P/E Forward = 10.9529
P/S = 1.2267
Revenue TTM = 3.97b 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 = 5.58b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.34b USD (from netDebt column, last quarter)
Enterprise Value = 10.20b USD (4.87b + Debt 5.58b - CCE 240.0m)
Interest Coverage Ratio = 3.43 (Ebit TTM 802.0m / Interest Expense TTM 234.0m)
EV/FCF = 12.74x (Enterprise Value 10.20b / FCF TTM 801.0m)
FCF Yield = 7.85% (FCF TTM 801.0m / Enterprise Value 10.20b)
FCF Margin = 20.19% (FCF TTM 801.0m / Revenue TTM 3.97b)
Net Margin = 10.36% (Net Income TTM 411.0m / Revenue TTM 3.97b)
Gross Margin = 50.67% ((Revenue TTM 3.97b - Cost of Revenue TTM 1.96b) / Revenue TTM)
Gross Margin QoQ = 55.17% (prev 49.71%)
Tobins Q-Ratio = 1.48 (Enterprise Value 10.20b / Total Assets 6.89b)
Interest Expense / Debt = 1.08% (Interest Expense 60.0m / Debt 5.58b)
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 = -6.79 (negative equity) (Debt 5.58b / totalStockholderEquity, last quarter -821.0m)
Debt / EBITDA = 5.78 (Net Debt 5.34b / EBITDA 923.0m)
Debt / FCF = 6.66 (Net Debt 5.34b / FCF TTM 801.0m)
Total Stockholder Equity = -864.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.05% (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 = 5.42% (E(4.87b)/V(10.44b) * Re(10.76%) + D(5.58b)/V(10.44b) * Rd(1.08%) * (1-Tc(0.30)))
Discount Rate = 10.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.36%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈651.8m ; Y1≈804.0m ; Y5≈1.37b
Fair Price DCF = 536.9 (EV 39.88b - Net Debt 5.34b = Equity 34.54b / Shares 64.3m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -2.10 | EPS CAGR: -38.65% | SUE: -4.0 | # QB: 0
Revenue Correlation: 79.28 | Revenue CAGR: 4.98% | SUE: 1.05 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.30 | Chg30d=+0.004 | Revisions Net=+1 | Analysts=8
EPS next Year (2026-12-31): EPS=7.33 | Chg30d=+0.016 | Revisions Net=+1 | Growth EPS=+15.3% | Growth Revenue=+4.3%

Additional Sources for TNL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle