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Travel+Leisure CoTNL -2.71%82 Debt-to-EBITDA is 5.80 as of Jun. 2026, which is 20% below its 10-year median of 7.22. GuruFocus rates TNL with a GF Score™ of 82/100 and a GF Value™ of $59.40 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 656 Travel & Leisure companies, Travel+Leisure Co ranks worse than 87.04% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Travel+Leisure Co's Debt-to-EBITDA or its related term are showing as below:
TNL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.98 Med: 7.22 Max: 156.55
Current: 8.08
During the past 13 years, the highest Debt-to-EBITDA Ratio of Travel+Leisure Co was 156.55. The lowest was 5.98. And the median was 7.22.
TNL's Debt-to-EBITDA is ranked worse than 87.04% of 656
companies
in the Travel & Leisure industry
Industry Median: 2.415
vs TNL: 8.08
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Travel+Leisure Co Debt-to-EBITDA Related Terms
Travel+Leisure Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Travel+Leisure Co's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TNL vs MMYT, GBTG, LIND: Debt-to-EBITDA Comparison
For the Travel Services subindustry, Travel+Leisure Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Travel+Leisure Co Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Travel+Leisure Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Travel+Leisure Co's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Travel+Leisure Co (TNL) has a Debt-to-EBITDA of 5.80 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Travel+Leisure Co. This is 20% below median its historical median of 7.22. Over the past decade, Travel+Leisure Co's Debt-to-EBITDA has ranged from 5.98 to 156.55. According to the industry distribution chart, Travel+Leisure Co ranks #571 out of 656 companies in the Travel & Leisure industry, placing it in the top 87%.
Is Travel+Leisure Co's Debt-to-EBITDA too high?
Travel+Leisure Co's current Debt-to-EBITDA of 5.80 is 20% below median its 10-year median of 7.22. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 156.55. The Travel & Leisure industry median Debt-to-EBITDA is 2.42. Travel+Leisure Co's value of 5.80 is 140.2% above this industry median. Based on the distribution chart, Travel+Leisure Co ranks #571 out of 656 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Travel+Leisure Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Travel+Leisure Co's Debt-to-EBITDA compare to MMYT and GBTG?
According to the Travel & Leisure industry distribution chart, Travel+Leisure Co ranks #571 out of 656 companies for Debt-to-EBITDA. This places Travel+Leisure Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.42. Travel+Leisure Co's value of 5.80 is 140.2% above this benchmark. Historically, Travel+Leisure Co's own Debt-to-EBITDA has ranged from 5.98 to 156.55 over the past decade. While the company's 10-year median is 7.22 vs. the industry median of 2.42, Travel+Leisure Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.42, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Travel+Leisure Co's current Debt-to-EBITDA of 5.80 is 140.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Travel+Leisure Co. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Travel+Leisure Co's current Debt-to-EBITDA is 5.80, which is 20% below median its own 10-year median of 7.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel+Leisure Co stock overvalued right now?
Based on GuruFocus' analysis, Travel+Leisure Co (TNL) is currently considered Modestly Overvalued. The stock's GF Value™ is $59.40, compared to a current price of $71.01 — trading 19.5% above its estimated fair value. The current Debt-to-EBITDA is 5.80, which is 20% below median its 10-year median of 7.22 and 140.2% above the Travel & Leisure industry median of 2.42. Travel+Leisure Co's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Travel+Leisure Co (TNL), the current Debt-to-EBITDA is 5.80 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Travel+Leisure Co (TNL) Overvalued in 2026?
Based on GuruFocus' analysis, Travel+Leisure Co stock appears to be overvalued.
The current stock price of $71.01 is trading 19.5% above its estimated GF Value™ of $59.40.
GuruFocus considers Travel+Leisure Co to be Modestly Overvalued.
Key valuation signals for TNL:
Debt-to-EBITDA: 5.80 (20% below median its 10-year median of 7.22)
GF Value™: $59.40 vs. price of $71.01 (19.5% above fair value)
Industry Position: 140.2% above the Travel & Leisure median (#571 of 656)
No single metric tells the full story. See the TNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts, and Travel and Membership which operates a variety of travel businesses, including two vacation exchange brands, Vacation Ownership and Travel and Membership The majority of the revenue is earned from the United States.
82GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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