Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Travel+Leisure CoTNL +0.09%82 EV-to-FCF is 22.47 as of Jul. 24, 2026, which is 4% above its 10-year median of 21.63. GuruFocus rates TNL with a GF Score™ of 82/100 and a GF Value™ of $57.09 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 569 Travel & Leisure companies, Travel+Leisure Co ranks worse than 62.92% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Travel+Leisure Co's Enterprise Value is $9,932 Mil.
Travel+Leisure Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $442 Mil. Therefore, Travel+Leisure Co's EV-to-FCF for today is 22.47.
The historical rank and industry rank for Travel+Leisure Co's EV-to-FCF or its related term are showing as below:
TNL'
s EV-to-FCF Range Over the Past 10 Years
Min: 10.46 Med: 21.63 Max: 36.92
Current: 22.47
During the past 13 years, the highest EV-to-FCF of Travel+Leisure Co was 36.92. The lowest was 10.46. And the median was 21.63.
TNL's EV-to-FCF is ranked worse than 62.92% of 569
companies
in the Travel & Leisure industry
Industry Median: 15.33
vs TNL: 22.47
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Travel+Leisure Co (NYSE:TNL) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Travel+Leisure Co's PE Ratio (TTM) for today is calculated as:
Travel+Leisure Co's share price for today is $73.515.
Travel+Leisure Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.560.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Travel+Leisure Co EV-to-FCF Related Terms
Travel+Leisure Co EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Travel+Leisure Co's EV-to-FCF 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.
For the Travel Services subindustry, Travel+Leisure Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Travel+Leisure Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Travel+Leisure Co's EV-to-FCF falls into.
Travel+Leisure Co's current Enterprise Value is $9,932 Mil.
Travel+Leisure Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $442 Mil.
* 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 (TNL) has a EV-to-FCF of 22.47 as of Jul. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Travel+Leisure Co and its competitors. This is near median its historical median of 21.63. Over the past decade, Travel+Leisure Co's EV-to-FCF has ranged from 10.46 to 36.92. According to the industry distribution chart, Travel+Leisure Co ranks #358 out of 569 companies in the Travel & Leisure industry, placing it in the top 62.9%.
Is Travel+Leisure Co's EV-to-FCF too high?
Travel+Leisure Co's current EV-to-FCF of 22.47 is near median its 10-year median of 21.63. Over the past 10 years, this metric has ranged from a low of 10.46 to a high of 36.92. The Travel & Leisure industry median EV-to-FCF is 15.33. Travel+Leisure Co's value of 22.47 is 46.6% above this industry median. Based on the distribution chart, Travel+Leisure Co ranks #358 out of 569 companies in the Travel & Leisure industry, which is below the industry midpoint. 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 EV-to-FCF compare to GBTG and MMYT?
According to the Travel & Leisure industry distribution chart, Travel+Leisure Co ranks #358 out of 569 companies for EV-to-FCF. This places Travel+Leisure Co in the lower half of its industry. The industry median EV-to-FCF is 15.33. Travel+Leisure Co's value of 22.47 is 46.6% above this benchmark. Historically, Travel+Leisure Co's own EV-to-FCF has ranged from 10.46 to 36.92 over the past decade. While the company's 10-year median is 21.63 vs. the industry median of 15.33, 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 EV-to-FCF for a Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 15.33, based on 569 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Travel+Leisure Co's current EV-to-FCF of 22.47 is 46.6% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Travel+Leisure Co and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Travel+Leisure Co's current EV-to-FCF is 22.47, which is near median its own 10-year median of 21.63. 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 $57.09, compared to a current price of $73.52 — trading 28.8% above its estimated fair value. The current EV-to-FCF is 22.47, which is near median its 10-year median of 21.63 and 46.6% above the Travel & Leisure industry median of 15.33. Travel+Leisure Co's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Travel+Leisure Co (TNL), the current EV-to-FCF is 22.47 as of Jul. 24, 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 $73.52 is trading 28.8% above its estimated GF Value™ of $57.09.
GuruFocus considers Travel+Leisure Co to be Modestly Overvalued.
Key valuation signals for TNL:
EV-to-FCF: 22.47 (near median its 10-year median of 21.63)
GF Value™: $57.09 vs. price of $73.52 (28.8% above fair value)
Industry Position: 46.6% above the Travel & Leisure median (#358 of 569)
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
Get the complete analysis for TNL
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TNL has been successfully added to your 
