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	Jun '26 Jun 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
Revenue	4,093	4,021	3,864	3,750	3,567	3,134
Revenue Growth	4.52%	4.06%	3.04%	5.13%	13.82%	45.09%
Cost of Revenue	425	408	228	245	236	238
Gross Profit	3,668	3,613	3,636	3,505	3,331	2,896
Selling, General & Admin	1,135	1,083	1,025	961	930	797
Depreciation & Amortization Expenses	127	124	115	112	119	124
Other Operating Expenses	1,837	1,853	1,765	1,710	1,629	1,357
Total Operating Expenses	3,099	3,060	2,905	2,783	2,678	2,278
Operating Income	560	553	733	720	653	618
Interest Income	10	9	14	13	6	3
Interest Expense	-232	-232	-249	-251	-195	-198
Other Non-Operating Income (Expense)	10	7	15	3	22	6
Total Non-Operating Income (Expense)	-212	-216	-220	-235	-167	-189
Pretax Income	348	337	513	485	486	429
Provision for Income Taxes	110	107	135	94	130	116
Net Income	238	230	378	391	356	313
Earnings From Discontinued Operations	-	-	33	5	1	-5
Net Income to Common	238	230	411	396	357	308
Net Income Growth	-40.05%	-44.04%	3.79%	10.92%	15.91%	-
Shares Outstanding (Basic)	64	66	70	75	83	87
Shares Outstanding (Diluted)	65	67	71	75	84	87
Shares Change	-5.87%	-5.38%	-5.73%	-10.93%	-3.55%	1.39%
EPS (Basic)	3.75	3.51	5.87	5.31	4.28	3.62
EPS (Diluted)	3.66	3.44	5.82	5.28	4.24	3.58
EPS Growth	-36.90%	-40.89%	10.23%	24.53%	18.44%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	442	523	383	276	390	511
Free Cash Flow Growth	-10.71%	36.55%	38.77%	-29.23%	-23.68%	67.54%
Free Cash Flow Per Share	6.85	7.82	5.42	3.68	4.63	5.85
Dividends Per Share	2.320	2.240	2.000	1.800	1.600	1.250
Dividend Growth	9.43%	12.00%	11.11%	12.50%	28.00%	-21.88%
Gross Margin	89.62%	89.85%	94.10%	93.47%	93.38%	92.41%
Operating Margin	13.68%	13.75%	18.97%	19.20%	18.31%	19.72%
Profit Margin	5.81%	5.72%	9.78%	10.43%	9.98%	9.99%
FCF Margin	10.80%	13.01%	9.91%	7.36%	10.93%	16.30%
EBITDA	687	677	848	832	772	742
EBITDA Margin	16.78%	16.84%	21.95%	22.19%	21.64%	23.68%
EBIT	560	553	733	720	653	618
EBIT Margin	13.68%	13.75%	18.97%	19.20%	18.31%	19.72%
Effective Tax Rate	31.61%	31.75%	26.32%	19.38%	26.75%	27.04%

SEC Filings: 10-K · 10-Q