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Travel & Leisure Co. (TNL) Stock Fundamental Analysis & AI Rating 2026

TNL NYSE Hotels & Motels DE CIK: 0001361658
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
STRONG SELL
78% Conf
Pending
Analysis scheduled

📊 TNL Key Takeaways

Revenue: $4.0B
Net Margin: 5.7%
Free Cash Flow: $523.0M
Current Ratio: 1.19x
Debt/Equity: N/A
EPS: $3.44
AI Rating: STRONG SELL with 78% confidence
Travel & Leisure Co. (TNL) receives a STRONG SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.0B, net profit margin of 5.7%, Travel & Leisure Co. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete TNL stock analysis for 2026.

Is Travel & Leisure Co. (TNL) a Good Investment?

Claude

Travel & Leisure Co. exhibits severe structural balance sheet deterioration with negative stockholders' equity of -$981M, indicating liabilities exceed assets. Combined with a 44% YoY decline in net income, flat revenue growth, and weak 2.4x interest coverage, the company faces elevated financial distress risk despite positive operating cash flow of $640M providing near-term liquidity.

Why Buy Travel & Leisure Co. Stock? TNL Key Strengths

Claude
  • + Positive free cash flow of $523M provides liquidity buffer
  • + Operating margin of 13.8% demonstrates core business unit profitability
  • + Operating cash flow of $640M remains positive despite earnings decline

TNL Stock Risks: Travel & Leisure Co. Investment Risks

Claude
  • ! Negative stockholders' equity of -$981M indicates technical insolvency on book basis
  • ! Net income collapsed 44% YoY while revenue stagnated at 0% growth
  • ! High leverage with $5.6B long-term debt against $6.8B total assets and weak 2.4x interest coverage ratio
  • ! Debt obligations exceed asset base, constraining financial flexibility and refinancing capacity

Key Metrics to Watch

Claude
  • * Quarterly revenue growth trajectory and margin sustainability
  • * Debt refinancing needs and long-term debt maturity schedule
  • * Operating cash flow trend relative to debt service obligations
  • * Stockholders equity recovery path and asset/liability rebalancing

Travel & Leisure Co. (TNL) Financial Metrics & Key Ratios

Revenue
$4.0B
Net Income
$230.0M
EPS (Diluted)
$3.44
Free Cash Flow
$523.0M
Total Assets
$6.8B
Cash Position
$253.0M

💡 AI Analyst Insight

Travel & Leisure Co. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

TNL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 13.8%
Net Margin 5.7%
ROE N/A
ROA 3.4%
FCF Margin 13.0%

TNL vs Real Estate Sector: How Travel & Leisure Co. Compares

How Travel & Leisure Co. compares to Real Estate sector averages

Net Margin
TNL 5.7%
vs
Sector Avg 20.0%
TNL Sector
ROE
TNL 0.0%
vs
Sector Avg 8.0%
TNL Sector
Current Ratio
TNL 1.2x
vs
Sector Avg 1.5x
TNL Sector
Debt/Equity
TNL 0.0x
vs
Sector Avg 1.5x
TNL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Travel & Leisure Co. Stock Overvalued? TNL Valuation Analysis 2026

Based on fundamental analysis, Travel & Leisure Co. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
N/A
Sector avg: 8%
Net Profit Margin
5.7%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Travel & Leisure Co. Balance Sheet: TNL Debt, Cash & Liquidity

Current Ratio
1.19x
Quick Ratio
0.82x
Debt/Equity
N/A
Debt/Assets
114.5%
Interest Coverage
2.38x
Long-term Debt
$5.6B

TNL Revenue & Earnings Growth: 5-Year Financial Trend

TNL 5-year financial data: Year 2021: Revenue $4.0B, Net Income $507.0M, EPS $5.48. Year 2022: Revenue $3.6B, Net Income -$255.0M, EPS $-2.97. Year 2023: Revenue $3.8B, Net Income $308.0M, EPS $3.52. Year 2024: Revenue $3.9B, Net Income $357.0M, EPS $4.24. Year 2025: Revenue $4.0B, Net Income $396.0M, EPS $5.28.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Travel & Leisure Co.'s revenue has remained relatively flat over the 5-year period, with a 1% decline. The most recent EPS of $5.28 reflects profitable operations.

TNL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
13.0%
Free cash flow / Revenue

TNL Quarterly Earnings & Performance

Quarterly financial performance data for Travel & Leisure Co. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $993.0M $97.0M $1.39
Q2 2025 $985.0M $108.0M $1.62
Q1 2025 $916.0M $66.0M $0.92
Q3 2024 $986.0M $97.0M $1.39
Q2 2024 $949.0M $64.0M $1.25
Q1 2024 $879.0M $64.0M $0.81
Q3 2023 $937.0M $110.0M $1.38
Q2 2023 $922.0M $94.0M $1.16

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Travel & Leisure Co. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$640.0M
Cash generated from operations
Stock Buybacks
$301.0M
Shares repurchased (TTM)
Capital Expenditures
$117.0M
Investment in assets
Dividends Paid
$149.0M
Returned to shareholders

TNL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Travel & Leisure Co. (CIK: 0001361658)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 4 xslF345X06/wk-form4_1776362877.xml View →
Apr 10, 2026 DEF 14A tnl-20260410.htm View →
Apr 2, 2026 4 xslF345X06/marketforms-72882.xml View →
Apr 2, 2026 4 xslF345X06/marketforms-72883.xml View →
Apr 2, 2026 4 xslF345X06/marketforms-72881.xml View →

Frequently Asked Questions about TNL

What is the AI rating for TNL?

Travel & Leisure Co. (TNL) has an AI rating of STRONG SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TNL's key strengths?

Claude: Positive free cash flow of $523M provides liquidity buffer. Operating margin of 13.8% demonstrates core business unit profitability.

What are the risks of investing in TNL?

Claude: Negative stockholders' equity of -$981M indicates technical insolvency on book basis. Net income collapsed 44% YoY while revenue stagnated at 0% growth.

What is TNL's revenue and growth?

Travel & Leisure Co. reported revenue of $4.0B.

Does TNL pay dividends?

Travel & Leisure Co. pays dividends, with $149.0M distributed to shareholders in the trailing twelve months.

Where can I find TNL SEC filings?

Official SEC filings for Travel & Leisure Co. (CIK: 0001361658) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TNL's EPS?

Travel & Leisure Co. has a diluted EPS of $3.44.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TNL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Travel & Leisure Co. has a STRONG SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TNL stock overvalued or undervalued?

Valuation metrics for TNL: ROE of N/A (sector avg: 8%), net margin of 5.7% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy TNL stock in 2026?

Our dual AI analysis gives Travel & Leisure Co. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TNL's free cash flow?

Travel & Leisure Co.'s operating cash flow is $640.0M, with capital expenditures of $117.0M. FCF margin is 13.0%.

How does TNL compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 5.7% (avg: 20%), ROE N/A (avg: 8%), current ratio 1.19 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI