The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

TNL

Concerning the House

Travel + Leisure Co., together with its subsidiaries, provides hospitality services and travel products in the United States and internationally. The company 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, as well as offers consumer financing in connection with the sale of VOIs; and property management services at resorts; and This segment also experiences under hospitality and leisure brands, including Club Wyndham, WorldMark, Margaritaville Vacation Club, Sports Illustrated Resorts, Eddie Bauer Adventure Club, And Accor Vacation Club. The Travel and Membership segment operates various travel businesses, including vacation exchange brands, travel technology platforms, travel memberships, and direct-to-consumer rentals. This segment also offers business-to-business private-label travel club solutions and facilitates bookings. Travel + Leisure Co. has a strategic alliance with Hornblower Group, Inc. The company was formerly known as Wyndham Destinations, Inc. and changed its name to Travel + Leisure Co. in February 2021. Travel + Leisure Co. was founded in 1990 and is headquartered in Orlando, Florida.

United States · www.travelandleisureco.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$4.02B+0.5%
Operating income$553.00M-1.7%
Net income$230.00M-1.7%
Cash from ops$640.00M+12.5%
Quotation

$74.79

+0.11 (+0.1%)

52w hi$78.45
52w lo$56.68
Vol272.19K
As ofAug 13
The Verdict

Hold

Our score +0.17

Short+0.35
Medium+0.08
Long+0.02

computed 2026-08-13

By the Numbers

Travel + Leisure Co.

Consumer Cyclical · Travel Services

Market cap$4.58B
Enterprise value$10.16B
Trailing P/E20.21x
Forward P/E8.44x
EV / EBITDA10.88x
P / S (ttm)1.12x
Profit margin5.8%
Return on equity
Revenue growth+4.4%
Earnings growth+6.2%
Debt / equity
Risk Metrics
Beta vs SPX1.22
Corr SPX0.56
Annual vol35.0%
Annual ret+36.3%
Sharpe1.04
Max DD-33.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.25
Sector+0.01
Technical+0.25
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$75.26$75.24$74.32$74.79272.19K
Aug 12$74.21$74.94$73.61$74.68405.10K
Aug 11$73.45$74.32$73.34$73.82636.50K
Aug 10$75.86$76.27$72.96$73.40697.20K
Aug 7$76.89$77.48$76.04$76.70495.20K