Last 48 quarters of trend data · Communication Services · Advertising Agencies
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Travelzoo's quarterly P/E stands at 6.4x, down 50.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 58.5% YoY to 4.4x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 22.78 | 6.43 | — | 183.40 | 26.52 | 13.11 | 19.18 | 11.59 | 8.25 | 8.21 | 10.36 | 9.11 | 11.60 |
| — | -50.9% | — | +1482.8% | +221.5% | +59.6% | +85.2% | +27.2% | -28.9% | +25.0% | +86.2% | -48.0% | -37.7% | |
| P/S Ratio | 1.11 | 0.66 | 0.87 | 1.33 | 1.61 | 1.80 | 2.98 | 1.86 | 1.16 | 1.58 | 1.57 | 1.05 | 1.43 |
| — | -63.4% | -70.9% | -28.6% | +38.2% | +14.4% | +89.7% | +77.0% | -18.7% | +43.0% | +110.4% | +19.3% | +32.3% | |
| P/B Ratio | — | — | — | — | — | — | 56.64 | 59.23 | 17.45 | 15.78 | 12.50 | 12.87 | 10.93 |
| — | — | — | — | — | — | +353.3% | +360.3% | +59.6% | +112.2% | +205.9% | +21.3% | -13.4% | |
| P/FCF | 18.25 | 4.17 | 13.58 | — | 29.94 | 12.80 | 7.91 | 7.06 | 7.56 | 7.56 | 24.72 | 6.03 | 5.97 |
| — | -67.4% | +71.8% | — | +296.1% | +69.3% | -68.0% | +17.1% | +26.6% | -86.5% | — | — | — | |
| EV / EBITDA | 14.19 | 4.37 | 31.63 | 53.01 | 17.41 | 10.53 | 11.83 | 8.68 | 5.65 | 5.50 | 6.38 | 5.60 | 7.45 |
| — | -58.5% | +167.4% | +510.6% | +208.0% | +91.4% | +85.4% | +55.0% | -24.1% | +31.6% | +118.3% | -60.1% | +12.2% | |
| EV / EBIT | 14.81 | — | 33.65 | 67.94 | 16.97 | 10.74 | 12.51 | 9.06 | 5.65 | 5.88 | 7.06 | 6.45 | 8.51 |
| — | — | +169.0% | +649.4% | +200.3% | +82.7% | +77.3% | +40.5% | -33.6% | +37.1% | +110.0% | -38.2% | +9.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Travelzoo's operating margin was 14.2% in Q1 2026, up 11.7 pp QoQ and down 2.2 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 6.9% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 4.3% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.3% | 78.4% | 78.0% | 82.9% | 78.4% | 82.0% | 86.6% | 87.3% | 88.1% | 88.0% | 87.2% | 87.1% | 86.4% |
| — | -4.3% | -10.0% | -5.1% | -11.0% | -6.8% | -0.7% | +0.3% | +2.0% | +0.5% | +1.9% | +2.0% | -1.6% | |
| Operating Margin | 7.5% | 14.2% | 2.5% | 2.2% | 8.6% | 16.4% | 23.5% | 20.1% | 19.0% | 25.4% | 21.2% | 15.1% | 15.5% |
| — | -13.7% | -89.5% | -89.1% | -54.6% | -35.4% | +10.8% | +33.3% | +22.5% | +16.6% | +10.0% | +776.2% | +53.9% | |
| Net Margin | 5.1% | 10.2% | -0.1% | 0.7% | 5.9% | 13.7% | 15.6% | 15.8% | 13.8% | 19.3% | 17.6% | 11.4% | 12.4% |
| — | -25.4% | -100.5% | -95.7% | -57.6% | -29.0% | -11.5% | +39.0% | +11.4% | +13.3% | +33.4% | +127.2% | +113.9% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 486.3% | — | — | — | — | 197.4% | 93.6% | 78.0% | 40.5% | 43.6% | 42.9% | 26.4% | 22.0% |
| — | — | — | — | — | +352.8% | +118.4% | +195.4% | +84.5% | +56.9% | +64.8% | +87.9% | -1.6% | |
| ROA | 9.4% | 5.2% | -0.0% | 0.3% | 2.9% | 6.1% | 6.1% | 6.2% | 5.5% | 7.5% | 6.5% | 4.1% | 4.2% |
| — | -15.3% | -100.7% | -94.8% | -47.0% | -18.7% | -6.2% | +52.7% | +31.5% | +42.7% | +88.7% | +277.3% | +249.1% | |
| ROIC | — | — | — | — | — | — | — | 346.9% | 180.6% | 147.3% | 143.1% | 237.0% | 85.6% |
| — | — | — | — | — | — | — | +46.4% | +111.0% | +118.9% | -46.2% | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Travelzoo's Debt/EBITDA ratio is 1.9x, down from 16.5x last quarter — comfortably within a safe range.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | 1.86 | 3.51 | 1.55 | 1.01 | 0.87 | 1.45 | 0.89 |
| — | — | — | — | — | — | +114.5% | +142.9% | +73.1% | +22.6% | +4.7% | -24.5% | -49.4% | |
| Debt / EBITDA | 1.41 | 1.92 | 16.47 | 12.00 | 3.43 | 2.05 | 1.62 | 2.09 | 2.09 | 1.49 | 1.87 | 2.71 | 2.64 |
| — | -6.1% | +918.7% | +472.8% | +64.2% | +37.1% | -13.4% | -22.7% | -21.1% | -27.0% | -31.9% | -77.8% | -42.6% | |
| Current Ratio | 0.68 | 0.73 | 0.68 | 0.68 | 0.69 | 0.72 | 0.87 | 0.80 | 0.87 | 0.94 | 0.90 | 0.78 | 0.88 |
| — | +0.8% | -21.4% | -14.3% | -20.9% | -23.7% | -3.3% | +1.6% | -1.6% | +10.0% | +20.2% | +16.6% | +22.3% | |
| Quick Ratio | 0.68 | 0.73 | 0.68 | 0.68 | 0.69 | 0.72 | 0.87 | 0.80 | 0.87 | 0.94 | 0.90 | 0.78 | 0.88 |
| — | +0.8% | -21.4% | -14.3% | -20.9% | -23.7% | -3.3% | +1.6% | -1.6% | +10.0% | +20.2% | +16.6% | +22.3% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | 13.17 | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying TZOO stock.
Travelzoo's current P/E is 22.8x. The average P/E over the last 3 quarters is 72.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Travelzoo's current operating margin is 7.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Travelzoo's business trajectory between earnings reports.