Travel + Leisure Co. (TNL)
NYSE: TNL · Real-Time Price · USD
67.23
+1.61 (2.45%)
At close: Oct 27, 2026, 4:00 PM EDT
67.30
+0.07 (0.10%)
After-hours: Oct 27, 2026, 4:19 PM EDT
Travel + Leisure Co. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 3,577 | 3,462 | 3,328 | 3,231 | 3,095 | 2,678 |
Other Revenue | 573 | 559 | 536 | 519 | 472 | 456 |
| 4,150 | 4,021 | 3,864 | 3,750 | 3,567 | 3,134 | |
Revenue Growth | 4.61% | 4.06% | 3.04% | 5.13% | 13.82% | 45.09% |
Cost of Revenue | 1,924 | 1,876 | 1,836 | 1,817 | 1,760 | 1,483 |
Gross Profit | 2,093 | 2,010 | 1,892 | 1,821 | 1,728 | 1,570 |
Selling, General & Admin | 1,163 | 1,083 | 1,025 | 961 | 930 | 797 |
Operating Expenses | 1,294 | 1,207 | 1,140 | 1,073 | 1,049 | 921 |
Operating Income | 799 | 803 | 752 | 748 | 679 | 649 |
Interest Expense | -228 | -232 | -249 | -251 | -195 | -198 |
Interest & Investment Income | 12 | 9 | 14 | 13 | 6 | 3 |
Other Non Operating Income (Expenses) | 7 | 3 | 8 | 3 | 12 | 6 |
EBT Excluding Unusual Items | 590 | 583 | 525 | 513 | 502 | 460 |
Merger & Restructuring Charges | -258 | -248 | -16 | -26 | -14 | 1 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | 6 |
Gain (Loss) on Sale of Assets | 4 | 4 | - | -2 | -9 | - |
Asset Writedown | - | -2 | -3 | - | -1 | -1 |
Other Unusual Items | - | - | 7 | - | 8 | -37 |
Pretax Income | 336 | 337 | 513 | 485 | 486 | 429 |
Income Tax Expense | 101 | 107 | 135 | 94 | 130 | 116 |
Earnings From Continuing Operations | 235 | 230 | 378 | 391 | 356 | 313 |
Earnings From Discontinued Operations | - | - | 33 | 5 | 1 | -5 |
Net Income to Company | 235 | 230 | 411 | 396 | 357 | 308 |
Net Income | 235 | 230 | 411 | 396 | 357 | 308 |
Net Income to Common | 235 | 230 | 411 | 396 | 357 | 308 |
Net Income Growth | -42.68% | -44.04% | 3.79% | 10.92% | 15.91% | - |
Shares Outstanding (Basic) | 63 | 66 | 70 | 75 | 83 | 87 |
Shares Outstanding (Diluted) | 64 | 67 | 71 | 75 | 84 | 87 |
Shares Change | -4.84% | -5.38% | -5.73% | -10.93% | -3.55% | 1.39% |
EPS (Basic) | 3.75 | 3.51 | 5.86 | 5.32 | 4.28 | 3.56 |
EPS (Diluted) | 3.65 | 3.44 | 5.82 | 5.28 | 4.24 | 3.52 |
EPS Growth | -39.82% | -40.86% | 10.24% | 24.39% | 20.41% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 417 | 523 | 383 | 276 | 390 | 511 |
Free Cash Flow Per Share | 6.48 | 7.82 | 5.42 | 3.68 | 4.63 | 5.85 |
Dividend Per Share | 0.560 | 2.240 | 2.000 | 1.800 | 1.600 | 1.250 |
Dividend Growth | -74.31% | 12.00% | 11.11% | 12.50% | 28.00% | -21.88% |
Gross Margin | 50.43% | 49.99% | 48.96% | 48.56% | 48.44% | 50.10% |
Operating Margin | 19.25% | 19.97% | 19.46% | 19.95% | 19.04% | 20.71% |
Profit Margin | 5.66% | 5.72% | 10.64% | 10.56% | 10.01% | 9.83% |
Free Cash Flow Margin | 10.05% | 13.01% | 9.91% | 7.36% | 10.93% | 16.30% |
EBITDA | 930 | 927 | 867 | 860 | 798 | 773 |
EBITDA Margin | 22.41% | 23.05% | 22.44% | 22.93% | 22.37% | 24.66% |
D&A For EBITDA | 131 | 124 | 115 | 112 | 119 | 124 |
EBIT | 799 | 803 | 752 | 748 | 679 | 649 |
EBIT Margin | 19.25% | 19.97% | 19.46% | 19.95% | 19.04% | 20.71% |
Effective Tax Rate | 30.06% | 31.75% | 26.32% | 19.38% | 26.75% | 27.04% |
Revenue as Reported | 4,150 | 4,021 | 3,864 | 3,750 | 3,567 | 3,134 |
Advertising Expenses | - | 35 | 26 | 30 | 30 | 33 |