Travel + Leisure Co. (TNL) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 38M | 124M | 516M | 232M | 121M | 98M | 145M | 174M | 47M | 152M | 88M | 103M |
| Operating CF Margin % | 3.95% | 12.09% | 49.43% | 22.79% | 12.96% | 10.09% | 14.6% | 17.66% | 5.13% | 16.24% | 8.92% | 10.85% |
| Operating CF Growth % | -68.59% | 26.53% | 255.86% | 33.33% | 157.45% | -35.53% | 64.77% | 68.93% | 571.43% | -13.14% | 137.84% | 15.73% |
| Net Income | 79M | -4M | 291M | 108M | 73M | 86M | 97M | 129M | 66M | 124M | 110M | 94M |
| Depreciation & Amortization | 32M | 32M | 92M | 31M | 30M | 29M | 30M | 28M | 28M | 29M | 28M | 27M |
| Stock-Based Compensation | 13M | 0 | 38M | 12M | 14M | 12M | 9M | 11M | 9M | 7M | 9M | 12M |
| Deferred Taxes | 29M | -12M | 41M | 1M | 22M | 15M | -13M | 2M | 22M | -20M | -8M | 3M |
| Other Non-Cash Items | 123M | 312M | 399M | 134M | 103M | 164M | 131M | 86M | 90M | 104M | 106M | 87M |
| Working Capital Changes | -238M | -204M | -345M | -54M | -121M | -208M | -109M | -82M | -168M | -92M | -157M | -120M |
| Change in Receivables | -50M | -155M | -5M | -109M | -66M | -149M | -143M | -126M | -96M | -145M | -162M | -136M |
| Change in Inventory | -78M | -27M | -41M | -22M | 6M | -16M | 2M | 0 | -2M | 8M | 6M | 17M |
| Change in Payables | -98M | 0 | 14M | 75M | -70M | -25M | 20M | 16M | -30M | 8M | -7M | 4M |
| Cash from Investing | -18M | -29M | -30M | -26M | -22M | -23M | -20M | -24M | -57M | -34M | -13M | -16M |
| Capital Expenditures | -19M | -32M | -27M | -37M | -21M | -23M | -20M | -21M | -17M | -32M | -14M | -16M |
| CapEx % of Revenue | 1.98% | 3.12% | 2.59% | 3.63% | 2.25% | 2.37% | 2.01% | 2.13% | 1.86% | 3.42% | 1.42% | 1.69% |
| Acquisitions | 0 | 0 | 0 | 0 | -1M | 0 | -1M | -3M | -40M | 6M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 3M | 0 | 0 | 0 | 0 | 1M | 0 | 0 | -8M | 1M | 0 |
| Cash from Financing | 7M | -83M | -360M | -192M | -63M | -84M | -113M | -464M | 203M | -56M | -58M | -43M |
| Debt Issued (Net) | 147M | 15M | -226M | -91M | 66M | 24M | -7M | -358M | 275M | 24M | 48M | 105M |
| Equity Issued (Net) | -83M | -90M | -198M | -65M | -68M | -66M | -66M | -62M | -25M | -37M | -67M | -95M |
| Dividends Paid | -41M | -35M | -114M | -37M | -41M | -34M | -35M | -35M | -38M | -32M | -33M | -34M |
| Share Repurchases | -87M | -90M | -225M | -70M | -70M | -72M | -68M | -69M | -25M | -40M | -67M | -101M |
| Other Financing | -16M | 27M | 178M | 1M | -20M | -8M | -5M | -9M | -9M | -11M | -6M | -19M |
| Net Change in Cash | 30M | 12M | 85M | 20M | 38M | -20M | 17M | -315M | 189M | 66M | 14M | -120M |
| Free Cash Flow | 19M | 92M | 431M | 195M | 100M | 75M | 125M | 153M | 30M | 120M | 74M | 87M |
| FCF Margin % | 1.98% | 8.97% | 41.28% | 19.16% | 10.71% | 7.72% | 12.59% | 15.53% | 3.28% | 12.82% | 7.51% | 9.17% |
| FCF Growth % | -81% | 22.67% | 244.8% | 27.45% | 233.33% | -37.5% | 68.92% | 75.86% | 700% | -24.53% | 196% | 16% |
| FCF per Share | 0.29 | 1.44 | 6.48 | 2.93 | 1.47 | 1.08 | 1.78 | 2.15 | 0.42 | 1.65 | 1.01 | 1.15 |
| FCF Conversion (FCF/Net Income) | 0.48x | -2.03x | 4.65x | 2.15x | 1.66x | 0.82x | 1.49x | 1.35x | 0.71x | 1.18x | 0.80x | 1.10x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |