TNL Stock Analysis: Travel + Leisure | NYSE
Travel Services | NYSE, USA | Market Cap: 4.574m USD | 12M Return: 32% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 48.9M
EPS Trend: 88.3%
Qual. Beats: 1
Rev. Trend: 99.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Travel + Leisure Co. (NYSE: TNL) is a hospitality and travel company headquartered in Orlando, Florida, that operates in two segments: Vacation Ownership and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers under brands including Club Wyndham, WorldMark, Margaritaville Vacation Club, Sports Illustrated Resorts, Eddie Bauer Adventure Club, and Accor Vacation Club, while also providing consumer financing and resort property management. The Travel and Membership segment runs vacation exchange brands, travel technology platforms, travel memberships, and direct-to-consumer rentals, as well as B2B private-label travel club solutions and booking services. The company was founded in 1990 and was formerly known as Wyndham Destinations, Inc. before rebranding in February 2021.
Within the consumer discretionary Hotels, Resorts & Cruise Lines sub-industry, TNL operates a timeshare-style business model, in which VOI sales generate recurring revenue through initial interval sales, ongoing maintenance fees, and often captive consumer financing that creates a long-duration receivables portfolio. The Travel and Membership segment extends this model into interval exchange networks and subscription-based travel clubs, providing a more recurring, asset-light complement to the capital-intensive vacation ownership business.
- Vacation Ownership sales recovery drives segment revenue growth
- Consumer credit quality and financing margins remain sensitive to interest rates
- Travel and Membership fees expand on sustained leisure demand
| Net Income: 237.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 4.08 > 1.0 |
| NWC/Revenue: 5.24% < 20% (prev 85.68%; Δ -80.45% < -1%) |
| CFO/TA 0.13 > 3% & CFO 910.0m > Net Income 237.0m |
| Net Debt (5.52b) to EBITDA (701.0m): 7.87 < 3 |
| Current Ratio: 1.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (64.8m) vs 12m ago -5.05% < -2% |
| Gross Margin: 43.22% > 18% (prev 49.29%; Δ -6.07% > 0.5%) |
| Asset Turnover: 59.53% > 50% (prev 57.41%; Δ 2.12% > 0%) |
| Interest Coverage Ratio: 1.57 > 6 (EBIT TTM 575.0m / Interest Expense TTM 366.0m) |
| A: 0.03 (Total Current Assets 1.59b - Total Current Liabilities 1.38b) / Total Assets 6.84b |
| B: 0.36 (Retained Earnings 2.45b / Total Assets 6.84b) |
| C: 0.08 (EBIT TTM 575.0m / Avg Total Assets 6.80b) |
| D: -0.13 (Book Value of Equity -1.02b / Total Liabilities 7.86b) |
| Altman-Z'' = 1.80 = BBB |
| DSRI: 0.10 (Receivables 152.0m/2.75b, Revenue 4.05b/3.88b) |
| GMI: 1.14 (GM 49.29% / 43.22%) |
| AQI: 2.95 (AQ_t 0.69 / AQ_t-1 0.23) |
| SGI: 1.04 (Revenue 4.05b / 3.88b) |
| TATA: -0.10 (NI 237.0m - CFO 910.0m) / TA 6.84b) |
| Beneish M = -2.46 (Cap -4..+1) = BBB |
As of July 21, 2026, the stock is trading at USD 72.56 with a total of 918,771 shares traded. Over the past week, the price has changed by -0.68%, over one month by -2.86%, over three months by -5.42% and over the past year by +31.98%.
Current recommended Stop Loss: 69.90 (which is 3.7% or 1.2 ATR below the current price).
Travel + Leisure has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy TNL.
- StrongBuy: 6
- Buy: 3
- Hold: 2
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 87.1 | 20% |
P/E Trailing = 20.9943
P/E Forward = 10.7411
P/S = 1.1299
P/B = 7.1088
P/EG = 0.5346
Revenue TTM = 4.05b USD
EBIT TTM = 575.0m USD
EBITDA TTM = 701.0m USD
Long Term Debt = 5.74b USD (from longTermDebt, last quarter)
Short Term Debt = 945.0m USD (from shortTermDebt, last fiscal year)
Debt = 5.77b USD (from shortLongTermDebtTotal, last quarter) + Leases 18.0m
Net Debt = 5.52b USD (calculated: Debt 5.77b - CCE 254.0m)
Enterprise Value = 10.1b USD (4.57b + Debt 5.77b - CCE 254.0m)
Interest Coverage Ratio = 1.57 (Ebit TTM 575.0m / Interest Expense TTM 366.0m)
EV/FCF = 13.69x (Enterprise Value 10.1b / FCF TTM 737.0m)
FCF Yield = 7.30% (FCF TTM 737.0m / Enterprise Value 10.1b)
FCF Margin = 18.20% (FCF TTM 737.0m / Revenue TTM 4.05b)
Net Margin = 5.85% (Net Income TTM 237.0m / Revenue TTM 4.05b)
Gross Margin = 43.22% ((Revenue TTM 4.05b - Cost of Revenue TTM 2.30b) / Revenue TTM)
Gross Margin QoQ = 54.11% (prev 14.42%)
Tobins Q-Ratio = 1.48 (Enterprise Value 10.1b / Total Assets 6.84b)
Interest Expense / Debt = 6.34% (Interest Expense 366.0m / Debt 5.77b)
Taxrate = 31.30% (108.0m / 345.0m)
NOPAT = 395.0m (EBIT 575.0m * (1 - 31.30%))
Current Ratio = 1.15 (Total Current Assets 1.59b / Total Current Liabilities 1.38b)
Debt / Equity = -5.64 (negative equity) (Debt 5.77b / totalStockholderEquity, last quarter -1.02b)
Debt / EBITDA = 7.87 (Net Debt 5.52b / EBITDA 701.0m)
Debt / FCF = 7.49 (Net Debt 5.52b / FCF TTM 737.0m)
Total Stockholder Equity = -919.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.48% (Net Income 237.0m / Total Assets 6.84b)
RoE = -25.77% (negative equity) (Net Income TTM 237.0m / Total Stockholder Equity -919.5m)
RoCE = 11.94% (EBIT 575.0m / Capital Employed (Equity -919.5m + L.T.Debt 5.74b))
RoIC = 6.37% (NOPAT 395.0m / Invested Capital 6.21b)
WACC = 6.98% (E(4.57b)/V(10.3b) * Re(10.30%) + D(5.77b)/V(10.3b) * Rd(6.34%) * (1-Tc(0.31)))
Discount Rate = 10.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.63 | Cagr: -6.81%
[DCF] Terminal Value 77.97% ; FCFF base≈623.4m ; Y1≈714.6m ; Y5≈1.05b
[DCF] Fair Price = 165.1 (EV 15.8b - Net Debt 5.52b = Equity 10.3b / Shares 62.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.35 | EPS CAGR: 9.60% | SUE: 2.73 | # QB: 1
Revenue Correlation: 99.31 | Revenue CAGR: 3.47% | SUE: 0.51 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.90 | Chg30d=+0.33% | Revisions=+0% | Analysts=11
EPS next Quarter (2026-09-30): EPS=2.03 | Chg30d=+0.09% | Revisions=-40% | Analysts=11
EPS current Year (2026-12-31): EPS=7.37 | Chg30d=+0.15% | Revisions=+40% | GrowthEPS=+16.3% | GrowthRev=+2.0%
EPS next Year (2027-12-31): EPS=8.50 | Chg30d=+0.25% | Revisions=+0% | GrowthEPS=+15.3% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +0% (up=4, down=4)