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Travel+Leisure CoFRA:WD5A -0.87%85 Earnings Yield (Joel Greenblatt) % is 5.74% as of Jun. 2026, which is 20% below its 10-year median of 7.16. GuruFocus rates FRA:WD5A with a GF Score™ of 85/100 and a GF Value™ of €51.26 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 855 Travel & Leisure companies, Travel+Leisure Co ranks better than 58.36% on this metric.
Travel+Leisure Co's Enterprise Value for the quarter that ended in Jun. 2026 was €8,878 Mil.
Travel+Leisure Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €500 Mil. Travel+Leisure Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.74%.
The historical rank and industry rank for Travel+Leisure Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:WD5A'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.9 Med: 7.16 Max: 11.81
Current: 6.11
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Travel+Leisure Co was 11.81%. The lowest was -0.90%. And the median was 7.16%.
FRA:WD5A's Earnings Yield (Joel Greenblatt) % is ranked better than 58.36% of 855
companies
in the Travel & Leisure industry
Industry Median: 4.78
vs FRA:WD5A: 6.11
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Travel+Leisure Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 17.80%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Travel+Leisure Co (FRA:WD5A) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Travel+Leisure Co Earnings Yield (Joel Greenblatt) % Related Terms
Travel+Leisure Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Travel+Leisure Co's Earnings Yield (Joel Greenblatt) % 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.
Travel+Leisure Co Earnings Yield (Joel Greenblatt) % Chart
For the Travel Services subindustry, Travel+Leisure Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Travel+Leisure Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Travel+Leisure Co's Earnings Yield (Joel Greenblatt) % falls into.
Travel+Leisure Co Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Travel+Leisure Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Travel+Leisure Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €500 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.74% mean?
Travel+Leisure Co (FRA:WD5A) has a Earnings Yield (Joel Greenblatt) % of 5.74% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Travel+Leisure Co and its competitors. This is 20% below median its historical median of 7.16. According to the industry distribution chart, Travel+Leisure Co ranks #356 out of 855 companies in the Travel & Leisure industry, placing it in the top 41.6%.
Is Travel+Leisure Co's Earnings Yield (Joel Greenblatt) % too high?
Travel+Leisure Co's current Earnings Yield (Joel Greenblatt) % of 5.74% is 20% below median its 10-year median of 7.16. The Travel & Leisure industry median Earnings Yield (Joel Greenblatt) % is 4.78. Travel+Leisure Co's value of 5.74% is 20.1% above this industry median. Based on the distribution chart, Travel+Leisure Co ranks #356 out of 855 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Travel+Leisure Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Travel+Leisure Co's Earnings Yield (Joel Greenblatt) % compare to GBTG and MMYT?
According to the Travel & Leisure industry distribution chart, Travel+Leisure Co ranks #356 out of 855 companies for Earnings Yield (Joel Greenblatt) %. This puts Travel+Leisure Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.78. Travel+Leisure Co's value of 5.74% is 20.1% above this benchmark. While the company's 10-year median is 7.16 vs. the industry median of 4.78, 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 Earnings Yield (Joel Greenblatt) % for a Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.78, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Travel+Leisure Co's current Earnings Yield (Joel Greenblatt) % of 5.74% is 20.1% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Travel+Leisure Co and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Travel+Leisure Co's current Earnings Yield (Joel Greenblatt) % is 5.74%, which is 20% below median its own 10-year median of 7.16. 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 (FRA:WD5A) is currently considered Modestly Overvalued. The stock's GF Value™ is €51.26, compared to a current price of €57.00 — trading 11.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.74%, which is 20% below median its 10-year median of 7.16 and 20.1% above the Travel & Leisure industry median of 4.78. Travel+Leisure Co's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Travel+Leisure Co (FRA:WD5A), the current Earnings Yield (Joel Greenblatt) % is 5.74% 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 (FRA:WD5A) Overvalued in 2026?
Based on GuruFocus' analysis, Travel+Leisure Co stock appears to be overvalued.
The current stock price of €57.00 is trading 11.2% above its estimated GF Value™ of €51.26.
GuruFocus considers Travel+Leisure Co to be Modestly Overvalued.
Key valuation signals for FRA:WD5A:
Earnings Yield (Joel Greenblatt) %: 5.74% (20% below median its 10-year median of 7.16)
GF Value™: €51.26 vs. price of €57.00 (11.2% above fair value)
Industry Position: 20.1% above the Travel & Leisure median (#356 of 855)
No single metric tells the full story. See the FRA:WD5A 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.
85GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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