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Travel + Leisure Co.(TNL)Earnings, Financials & Key Ratios
TNL•NYSE
$64.98
$4.06B mkt cap·18.9× P/E·Price updated May 6, 2026
AboutTravel + Leisure Co., together with its subsidiaries, provides hospitality services and 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; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts. The Travel and Membership segment operates various businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. As of January 26, 2022, it had approximately 245 vacation ownership resorts. It also offers private-label travel booking technology solutions. 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.Show more
- Revenue$4.02B+4.1%
- EBITDA$841M-0.8%
- Net Income$230M-44.0%
- EPS (Diluted)3.44-35.7%
- Gross Margin27.18%-44.5%
- EBITDA Margin20.92%-4.7%
- Operating Margin17.83%-6.0%
- Net Margin5.72%-46.2%
- ROIC12.97%+8.0%
- Interest Coverage1.92-37.3%
TNL Key Insights
Travel + Leisure Co. (TNL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 13.2%
- ✓Healthy dividend yield of 3.4%
- ✓Share count reduced 5.4% through buybacks
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TNL Price & Volume
Travel + Leisure Co. (TNL) stock price & volume — 10-year historical chart
Loading chart...
TNL Growth Metrics
Travel + Leisure Co. (TNL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-3.15%
5 Years13.23%
3 Years4.07%
TTM4.28%
Profit CAGR
10 Years-9.32%
5 Years-
3 Years-13.63%
TTM-43.3%
EPS CAGR
10 Years-3.94%
5 Years-
3 Years-6.66%
TTM-35.74%
Return on Capital
10 Years9.48%
5 Years12.17%
3 Years12.88%
Last Year12.6%
TNL Recent Earnings
Travel + Leisure Co. (TNL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 22, 2026EPS
$1.45
Est $1.31
+10.7%
Revenue
$961M
Est $955M
+0.6%
Q1 2026
Feb 18, 2026EPS
$1.83
Est $1.83
+0.0%
Revenue
$1.0B
Est $1.0B
+2.6%
Q4 2025
Oct 22, 2025EPS
$1.80
Est $1.72
+4.7%
Revenue
$1.0B
Est $1.0B
+4.4%
Q3 2025
Jul 23, 2025EPS
$1.65
Est $1.66
-0.6%
Revenue
$1.0B
Est $1.0B
-2.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $1.45vs $1.31+10.7% | $961Mvs $955M+0.6% |
| Q1 2026 | Feb 18, 2026 | $1.83vs $1.83+0.0% | $1.0Bvs $1.0B+2.6% |
| Q4 2025 | Oct 22, 2025 | $1.80vs $1.72+4.7% | $1.0Bvs $1.0B+4.4% |
| Q3 2025 | Jul 23, 2025 | $1.65vs $1.66-0.6% | $1.0Bvs $1.0B-2.1% |
Based on last 12 quarters of dataView full earnings history →
TNL Peer Comparison
Travel + Leisure Co. (TNL) competitors in Tours, Travel Management and Memberships — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 VAC | 2.68B | 78.26 | -8.86 | 1.31% | -7.37% | -15.31% | 2.89 | |
 HGV | 3.95B | 48.61 | 54.62 | 1.32% | 3.84% | 13.33% | 5.10 | |
 MAR | 95.15B | 359.06 | 37.84 | 4.33% | 11.89% | |||
 HLT | 73.19B | 321.51 | 52.53 | 7.74% | 12.56% | |||
 H | 16.18B | 169.37 | -313.65 | 116.96% | -0.55% | -0.91% | 1.31 | |
 WH | 6.26B | 83.31 | 33.73 | 1.49% | 13.4% | 37.33% | 6.53 | |
 CHH | 4.81B | 105.17 | 13.31 | 0.75% | 21.55% | 312.73% | 11.76 | |
 BKNG | 130.43B | 168.32 | 25.43 | 13.39% | 22.23% |
Compare TNL vs Peers
Travel + Leisure Co. (TNL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TNL Income Statement
Travel + Leisure Co. (TNL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.08B | 3.93B | 4.04B | 2.16B | 3.13B | 3.57B | 3.75B | 3.86B | 4.02B | 4.05B |
| Revenue Growth % | -9.34% | -22.56% | 2.82% | -46.56% | 45.09% | 13.82% | 5.13% | 3.04% | 4.06% | 4.28% |
| Cost of Goods Sold | 1.86B | 1.91B | 1.94B | 1.23B | 1.56B | 1.84B | 1.93B | 1.97B | 2.93B | 2.3B |
| COGS % of Revenue | 36.64% | 48.66% | 48% | 56.85% | 49.9% | 51.56% | 51.44% | 51.04% | 72.82% | - |
| Gross Profit | 1.95B▲ 0% | 2.02B▲ 3.7% | 2.1B▲ 4.2% | 932M▼ 55.7% | 1.57B▲ 68.5% | 1.73B▲ 10.1% | 1.82B▲ 5.4% | 1.89B▲ 3.9% | 1.09B▼ 42.2% | 1.75B▲ 0% |
| Gross Margin % | 38.34% | 51.34% | 52% | 43.15% | 50.1% | 48.44% | 48.56% | 48.96% | 27.18% | 43.22% |
| Gross Profit Growth % | 4.4% | 3.7% | 4.16% | -55.66% | 68.45% | 10.06% | 5.38% | 3.9% | -42.23% | - |
| Operating Expenses | 1.51B | 1.5B | 1.29B | 1.04B | 952M | 1.07B | 1.1B | 1.16B | 376M | 1.13B |
| OpEx % of Revenue | 29.69% | 38.03% | 31.91% | 48.01% | 30.38% | 30.14% | 29.36% | 29.99% | 9.35% | - |
| Selling, General & Admin | 1.13B | 1.12B | 1.16B | 727M | 797M | 930M | 961M | 1.02B | 1.08B | 1.1B |
| SG&A % of Revenue | 22.18% | 28.54% | 28.62% | 33.66% | 25.43% | 26.07% | 25.63% | 26.53% | 26.93% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 381M | 373M | 136M | 310M | 155M | 145M | 140M | 134M | -707M | 2M |
| Operating Income | 439M▲ 0% | 523M▲ 19.1% | 812M▲ 55.3% | -105M▼ 112.9% | 618M▲ 688.6% | 653M▲ 5.7% | 720M▲ 10.3% | 733M▲ 1.8% | 717M▼ 2.2% | 618M▲ 0% |
| Operating Margin % | 8.65% | 13.3% | 20.09% | -4.86% | 19.72% | 18.31% | 19.2% | 18.97% | 17.83% | 15.26% |
| Operating Income Growth % | -33.28% | 19.13% | 55.26% | -112.93% | 688.57% | 5.66% | 10.26% | 1.81% | -2.18% | - |
| EBITDA | 575M | 661M | 933M | 21M | 742M | 772M | 832M | 848M | 841M | 744M |
| EBITDA Margin % | 11.33% | 16.82% | 23.08% | 0.97% | 23.68% | 21.64% | 22.19% | 21.95% | 20.92% | 18.37% |
| EBITDA Growth % | -26.75% | 14.96% | 41.15% | -97.75% | 3433.33% | 4.04% | 7.77% | 1.92% | -0.83% | -13.19% |
| D&A (Non-Cash Add-back) | 136M | 138M | 121M | 126M | 124M | 119M | 112M | 115M | 124M | 126M |
| EBIT | 473M | 566M | 842M | -84M | 627M | 681M | 736M | 762M | 704M | 570M |
| Net Interest Income | -149M | -165M | -155M | -185M | -195M | -189M | -238M | -235M | 96M | 98M |
| Interest Income | 7M | 5M | 7M | 7M | 3M | 6M | 13M | 14M | 463M | 464M |
| Interest Expense | 156M | 170M | 162M | 192M | 198M | 195M | 251M | 249M | 367M | 366M |
| Other Income/Expense | -121M | -127M | -132M | -171M | -189M | -167M | -235M | -220M | -380M | -273M |
| Pretax Income | 590M▲ 0% | 396M▼ 32.9% | 680M▲ 71.7% | -276M▼ 140.6% | 429M▲ 255.4% | 486M▲ 13.3% | 485M▼ 0.2% | 513M▲ 5.8% | 337M▼ 34.3% | 345M▲ 0% |
| Pretax Margin % | 11.62% | 10.07% | 16.82% | -12.78% | 13.69% | 13.62% | 12.93% | 13.28% | 8.38% | 8.52% |
| Income Tax | -229M | 130M | 191M | -23M | 116M | 130M | 94M | 135M | 107M | 108M |
| Effective Tax Rate % | -38.81% | 32.83% | 28.09% | 8.33% | 27.04% | 26.75% | 19.38% | 26.32% | 31.75% | 31.3% |
| Net Income | 854M▲ 0% | 672M▼ 21.3% | 507M▼ 24.6% | -253M▼ 149.9% | 308M▲ 221.7% | 357M▲ 15.9% | 396M▲ 10.9% | 411M▲ 3.8% | 230M▼ 44.0% | 237M▲ 0% |
| Net Margin % | 16.82% | 17.09% | 12.54% | -11.71% | 9.83% | 10.01% | 10.56% | 10.64% | 5.72% | 5.85% |
| Net Income Growth % | 39.77% | -21.31% | -24.55% | -149.9% | 221.74% | 15.91% | 10.92% | 3.79% | -44.04% | -43.3% |
| Net Income (Continuing) | 646M | 266M | 489M | -253M | 313M | 356M | 391M | 378M | 230M | 237M |
| Discontinued Operations | 209M | 406M | 18M | 0 | -5M | 1M | 5M | 33M | 0 | 0 |
| Minority Interest | 5M | 5M | 6M | 7M | 7M | 9M | 1M | 1M | -1M | -1M |
| EPS (Diluted) | 8.40▲ 0% | 6.77▼ 19.4% | 5.29▼ 21.9% | -2.94▼ 155.6% | 3.62▲ 223.1% | 4.23▲ 16.9% | 5.28▲ 24.8% | 5.35▲ 1.3% | 3.44▼ 35.7% | 3.66▲ 0% |
| EPS Growth % | 51.9% | -19.4% | -21.86% | -155.58% | 223.13% | 16.85% | 24.82% | 1.33% | -35.7% | -35.74% |
| EPS (Basic) | 8.46 | 6.79 | 5.31 | -2.94 | 3.62 | 4.27 | 5.32 | 5.39 | 3.51 | - |
| Diluted Shares Outstanding | 104M | 99.2M | 92.4M | 86.1M | 86.5M | 84.2M | 75M | 70.7M | 66.9M | 64.75M |
| Basic Shares Outstanding | 103M | 98.9M | 92.1M | 86.1M | 86.5M | 83.4M | 74.5M | 70.1M | 65.6M | 63.2M |
| Dividend Payout Ratio | 28.34% | 28.87% | 32.74% | - | 35.39% | 37.82% | 34.34% | 34.55% | 64.78% | - |
TNL Balance Sheet
Travel + Leisure Co. (TNL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 8.38B | 5.23B | 5.36B | 5.59B | 4.53B | 4.77B | 4.76B | 4.78B | 1.55B | 1.59B |
| Cash & Short-Term Investments | 72M | 243M | 400M | 1.21B | 396M | 562M | 296M | 184M | 253M | 254M |
| Cash Only | 48M | 218M | 355M | 1.2B | 369M | 550M | 282M | 167M | 253M | 254M |
| Short-Term Investments | 24M | 25M | 45M | 9M | 27M | 12M | 14M | 17M | 0 | 0 |
| Accounts Receivable | 3.18B | 3.23B | 3.38B | 115M | 2.54B | 2.64B | 2.89B | 2.95B | 165M | 152M |
| Days Sales Outstanding | 228.66 | 299.63 | 305.22 | 19.43 | 295.59 | 270.14 | 281.59 | 279.04 | 14.98 | 131.27 |
| Inventory | 340M | 1.22B | 1.2B | 1.35B | 1.22B | 1.19B | 1.14B | 1.23B | 1.13B | 1.18B |
| Days Inventory Outstanding | 66.72 | 233.54 | 225.59 | 400.37 | 283.79 | 236.78 | 214.76 | 227.11 | 140.61 | 191.79 |
| Other Current Assets | 3.73B | 358M | 147M | 2.7B | 128M | 138M | 176M | 181M | 0 | 0 |
| Total Non-Current Assets | 2.07B | 1.93B | 2.09B | 2.02B | 2.06B | 1.99B | 1.98B | 1.96B | 2.41B | 2.43B |
| Property, Plant & Equipment | 1.08B | 712M | 816M | 758M | 768M | 720M | 701M | 638M | 531M | 523M |
| Fixed Asset Turnover | 4.70x | 5.52x | 4.95x | 2.85x | 4.08x | 4.95x | 5.35x | 6.06x | 7.57x | 7.22x |
| Goodwill | 1.34B | 922M | 970M | 964M | 961M | 955M | 962M | 966M | 972M | 971M |
| Intangible Assets | 1.08B | 109M | 143M | 131M | 219M | 207M | 199M | 209M | 201M | 200M |
| Long-Term Investments | 0 | 0 | 0 | 26M | 21M | 18M | 19M | 18M | 31M | 32M |
| Other Non-Current Assets | 171M | 157M | 136M | 116M | 69M | 66M | 77M | 104M | -31M | 1.14B |
| Total Assets | 10.4B▲ 0% | 7.16B▼ 31.2% | 7.45B▲ 4.1% | 7.61B▲ 2.1% | 6.59B▼ 13.5% | 6.76B▲ 2.6% | 6.74B▼ 0.3% | 6.74B▼ 0.0% | 6.76B▲ 0.4% | 6.84B▲ 0% |
| Asset Turnover | 0.49x | 0.55x | 0.54x | 0.28x | 0.48x | 0.53x | 0.56x | 0.57x | 0.59x | 0.59x |
| Asset Growth % | 5.95% | -31.19% | 4.12% | 2.15% | -13.46% | 2.57% | -0.28% | -0.04% | 0.37% | 6.12% |
| Total Current Liabilities | 2.91B | 1.65B | 772M | 1.16B | 1.16B | 1.14B | 1.17B | 1.17B | 945M | 1.38B |
| Accounts Payable | 232M | 66M | 73M | 62M | 62M | 65M | 73M | 67M | 62M | 63M |
| Days Payables Outstanding | 45.53 | 12.59 | 13.73 | 18.43 | 14.47 | 12.9 | 13.81 | 12.4 | 7.73 | 10.32 |
| Short-Term Debt | 321M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 559M | 531M | 20M | 457M | 392M | 411M | 442M | 457M | 0 | 1.45B |
| Other Current Liabilities | 1.15B | 217M | 0 | 0 | 0 | 13M | 0 | 0 | 412M | 0 |
| Current Ratio | 2.88x | 3.17x | 6.95x | 4.81x | 3.90x | 4.18x | 4.07x | 4.09x | 1.64x | 1.64x |
| Quick Ratio | 2.76x | 2.43x | 5.39x | 3.65x | 2.86x | 3.13x | 3.10x | 3.04x | 0.44x | 0.44x |
| Cash Conversion Cycle | 249.86 | 520.58 | 517.07 | 401.38 | 564.9 | 494.03 | 482.53 | 493.75 | 147.86 | 312.74 |
| Total Non-Current Liabilities | 6.77B | 6.08B | 7.21B | 7.42B | 6.22B | 6.52B | 6.49B | 6.45B | 6.8B | 6.49B |
| Long-Term Debt | 5.93B | 5.24B | 5.57B | 6.41B | 5.3B | 5.63B | 5.63B | 5.57B | 4.78B | 5.75B |
| Capital Lease Obligations | 72M | 3M | 185M | 164M | 145M | 122M | 107M | 100M | 128M | 164M |
| Deferred Tax Liabilities | 613M | 736M | 815M | 725M | 686M | 679M | 687M | 722M | 716M | 2.96B |
| Other Non-Current Liabilities | -464M | -643M | 94M | -1.06B | 88M | 87M | 67M | 54M | 705M | 705M |
| Total Liabilities | 9.52B | 7.73B | 7.98B | 8.58B | 7.38B | 7.66B | 7.66B | 7.62B | 7.74B | 7.86B |
| Total Debt | 6.33B | 5.24B | 5.75B | 6.58B | 5.45B | 5.75B | 5.73B | 5.67B | 4.91B | 5.75B |
| Net Debt | 6.28B | 5.02B | 5.4B | 5.38B | 5.08B | 5.2B | 5.45B | 5.5B | 4.66B | 5.5B |
| Debt / Equity | 7.17x | - | - | - | - | - | - | - | - | -5.62x |
| Debt / EBITDA | 11.00x | 7.92x | 6.17x | 313.10x | 7.34x | 7.45x | 6.89x | 6.69x | 5.84x | 7.73x |
| Net Debt / EBITDA | 10.92x | 7.59x | 5.79x | 256.14x | 6.85x | 6.74x | 6.55x | 6.49x | 5.54x | 5.54x |
| Interest Coverage | 3.03x | 3.33x | 5.20x | -0.44x | 3.17x | 3.49x | 2.93x | 3.06x | 1.92x | 1.56x |
| Total Equity | 883M▲ 0% | -569M▼ 164.4% | -524M▲ 7.9% | -968M▼ 84.7% | -794M▲ 18.0% | -904M▼ 13.9% | -917M▼ 1.4% | -880M▲ 4.0% | -983M▼ 11.7% | -1.02B▲ 0% |
| Equity Growth % | 22.98% | -164.44% | 7.91% | -84.73% | 17.98% | -13.85% | -1.44% | 4.03% | -11.7% | -16.95% |
| Book Value per Share | 8.49 | -5.74 | -5.67 | -11.24 | -9.18 | -10.74 | -12.23 | -12.45 | -14.69 | -15.81 |
| Total Shareholders' Equity | 878M | -574M | -530M | -975M | -801M | -913M | -918M | -881M | -982M | -1.02B |
| Common Stock | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 3M | 3M |
| Retained Earnings | 2.61B | 1.44B | 1.78B | 1.39B | 1.59B | 1.81B | 2.07B | 2.33B | 2.41B | 2.45B |
| Treasury Stock | -5.72B | -6.04B | -6.38B | -6.51B | -6.53B | -6.89B | -7.2B | -7.43B | -7.74B | -7.82B |
| Accumulated OCI | -10M | -52M | -52M | -16M | -48M | -79M | -70M | -112M | -67M | -63M |
| Minority Interest | 5M | 5M | 6M | 7M | 7M | 9M | 1M | 1M | -1M | -1M |
TNL Cash Flow Statement
Travel + Leisure Co. (TNL) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 987M | 442M | 452M | 374M | 568M | 442M | 350M | 464M | 640M | 640M |
| Operating CF Margin % | 19.44% | 11.24% | 11.18% | 17.31% | 18.12% | 12.39% | 9.33% | 12.01% | 15.92% | - |
| Operating CF Growth % | 1.44% | -55.22% | 2.26% | -17.26% | 51.87% | -22.18% | -20.81% | 32.57% | 37.93% | 247.13% |
| Net Income | 872M | 266M | 489M | -253M | 313M | 356M | 391M | 378M | 230M | 237M |
| Depreciation & Amortization | 213M | 138M | 121M | 126M | 124M | 119M | 112M | 115M | 124M | 187M |
| Stock-Based Compensation | 70M | 129M | 24M | 20M | 32M | 45M | 38M | 41M | 57M | 63M |
| Deferred Taxes | -404M | 122M | 79M | -88M | -39M | -4M | 8M | 26M | -21M | 59M |
| Other Non-Cash Items | 758M | 638M | 507M | 504M | 164M | 355M | 385M | 471M | 840M | 968M |
| Working Capital Changes | -522M | -851M | -768M | 65M | -26M | -429M | -584M | -567M | -590M | -841M |
| Change in Receivables | -529M | -642M | -577M | 267M | 20M | -401M | -522M | -514M | -500M | -319M |
| Change in Inventory | -71M | -27M | 13M | -119M | -6M | 31M | 25M | -16M | -68M | -168M |
| Change in Payables | 92M | -146M | -64M | 15M | 24M | -71M | -70M | -19M | 96M | -9M |
| Cash from Investing | -394M | -725M | -66M | -65M | -93M | -50M | -80M | -124M | -107M | -103M |
| Capital Expenditures | -153M | -99M | -108M | -69M | -57M | -52M | -74M | -81M | -117M | -115M |
| CapEx % of Revenue | 3.01% | 2.52% | 2.67% | 3.19% | 1.82% | 1.46% | 1.97% | 2.1% | 2.91% | - |
| Acquisitions | -18M | -5M | 55M | 0 | -37M | -2M | -6M | -44M | -1M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -223M | -621M | -13M | 4M | 1M | 4M | 0 | 1M | 9M | 3M |
| Cash from Financing | -559M | 280M | -289M | 502M | -1.29B | -196M | -500M | -458M | -443M | -628M |
| Debt Issued (Net) | 399M | -710M | 313M | 810M | -1.11B | 331M | -34M | -59M | -11M | -155M |
| Equity Issued (Net) | -599M | -330M | -329M | -121M | -14M | -341M | -300M | -219M | -301M | -436M |
| Dividends Paid | -242M | -194M | -166M | -138M | -109M | -135M | -136M | -142M | -149M | -227M |
| Share Repurchases | -599M | -330M | -340M | -128M | -25M | -351M | -309M | -234M | -301M | -472M |
| Other Financing | -116M | 1.51B | -107M | -49M | -59M | -51M | -30M | -38M | 18M | 190M |
| Net Change in Cash | 48M▲ 0% | -12M▼ 125.0% | 98M▲ 916.7% | 815M▲ 731.6% | -820M▼ 200.6% | 191M▲ 123.3% | -230M▼ 220.4% | -129M▲ 43.9% | 97M▲ 175.2% | 147M▲ 0% |
| Free Cash Flow | 834M▲ 0% | 343M▼ 58.9% | 344M▲ 0.3% | 305M▼ 11.3% | 511M▲ 67.5% | 390M▼ 23.7% | 276M▼ 29.2% | 383M▲ 38.8% | 523M▲ 36.6% | 737M▲ 0% |
| FCF Margin % | 16.43% | 8.73% | 8.51% | 14.12% | 16.3% | 10.93% | 7.36% | 9.91% | 13.01% | 18.2% |
| FCF Growth % | 6.65% | -58.87% | 0.29% | -11.34% | 67.54% | -23.68% | -29.23% | 38.77% | 36.55% | 62.69% |
| FCF per Share | 8.02 | 3.46 | 3.72 | 3.54 | 5.91 | 4.63 | 3.68 | 5.42 | 7.82 | 7.82 |
| FCF Conversion (FCF/Net Income) | 1.16x | 0.66x | 0.89x | -1.48x | 1.84x | 1.24x | 0.88x | 1.13x | 2.78x | 3.11x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TNL Key Ratios
Travel + Leisure Co. (TNL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 106.68% | 428.03% | - | - | - | - | - | - | - | -25.75% |
| Return on Invested Capital (ROIC) | 4.99% | 6.76% | 13.06% | -1.7% | 10.66% | 11.41% | 12.23% | 12.01% | 12.97% | 12.97% |
| Gross Margin | 38.34% | 51.34% | 52% | 43.15% | 50.1% | 48.44% | 48.56% | 48.96% | 27.18% | 43.22% |
| Net Margin | 16.82% | 17.09% | 12.54% | -11.71% | 9.83% | 10.01% | 10.56% | 10.64% | 5.72% | 5.85% |
| Debt / Equity | 7.17x | - | - | - | - | - | - | - | - | -5.62x |
| Interest Coverage | 3.03x | 3.33x | 5.20x | -0.44x | 3.17x | 3.49x | 2.93x | 3.06x | 1.92x | 1.56x |
| FCF Conversion | 1.16x | 0.66x | 0.89x | -1.48x | 1.84x | 1.24x | 0.88x | 1.13x | 2.78x | 3.11x |
| Revenue Growth | -9.34% | -22.56% | 2.82% | -46.56% | 45.09% | 13.82% | 5.13% | 3.04% | 4.06% | 4.28% |
TNL SEC Filings & Documents
Travel + Leisure Co. (TNL) SEC filings — annual & quarterly reports (10-K, 10-Q)
TNL Frequently Asked Questions
Travel + Leisure Co. (TNL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Travel + Leisure Co. (TNL) reported $4.05B in revenue for fiscal year 2025. This represents a 21% increase from $3.33B in 2005.
Travel + Leisure Co. (TNL) grew revenue by 4.1% over the past year. Growth has been modest.
Yes, Travel + Leisure Co. (TNL) is profitable, generating $237.0M in net income for fiscal year 2025 (5.7% net margin).
Dividend & Returns
Yes, Travel + Leisure Co. (TNL) pays a dividend with a yield of 3.43%. This makes it attractive for income-focused investors.
Travel + Leisure Co. (TNL) generated $737.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More TNL
Travel + Leisure Co. (TNL) financial analysis — history, returns, DCA and operating performance tools
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Revenue History
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Financial Ratios
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Valuation
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