Travel Leisure Co. Common Stock (TNL) reported $4.15B of revenue for the twelve months ended Sep 30, 2026. That is up 4.6% from the year before. Revenue for fiscal 2025 was $4.02B.

Yes. Travel Leisure Co. Common Stock earned $235.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 5.7%.

How much cash and debt does TNL have?

Travel Leisure Co. Common Stock reported $306.00M in cash and cash equivalents and $6.07B of debt on its most recent balance sheet in SEC filings.

How fast is TNL revenue growing?

Travel Leisure Co. Common Stock's revenue changed +4.1% in fiscal 2025, to $4.02B. Its compound annual growth rate was +13.2% over 5 years and -1.9% over 10 years.

What is TNL gross margin?

Travel Leisure Co. Common Stock's gross profit was $3.85B on $4.15B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 92.7%.

What is TNL free cash flow?

Travel Leisure Co. Common Stock generated $417.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $512.00M less capital expenditures.

What is TNL earnings per share?

Diluted earnings per share were $3.75 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did TNL last report financial results?

The latest statements here come from Travel Leisure Co. Common Stock's 10-Q filed on Oct 27, 2026, covering the period ended Sep 30, 2026.

Financials · TNL

Travel Leisure Co. Common Stock (TNL) financials

For the twelve months ended Sep 30, 2026, Travel Leisure Co. Common Stock reported $4.15B of revenue and $235.00M of net income.

Revenue, TTM: $4.15B
Revenue growth, YoY: +4.6%
Net income, TTM: $235.00M
Net income growth, YoY: -42.8%
Net margin: 5.7%
Free cash flow, TTM: $417.00M
EPS, diluted, TTM: $3.75
EPS growth, YoY: -38.1%
Cash: $306.00M
Total debt: $6.07B
P/E: 20.07
P/S: 1.14
Market cap: $4.72B

Annual revenue$4.02B

FY2016FY2025

Annual net income$230.00M

FY2016FY2025

Annual free cash flow$523.00M

FY2016FY2025

TNL revenue and earnings growth

TNL revenueQ3 2026$1.10B

Quarter YoY: +5.5%
QoQ: +3.6%
FY YoY: +4.1%
5Y CAGR: +13.2%
10Y CAGR: -1.9%

TNL revenue was $1.10B in fiscal Q3 2026 (ended Sep 30, 2026), up 5.5% from a year earlier and up 3.6% from the prior quarter. For the full fiscal 2025 it was $4.02B, up 4.1% from fiscal 2024. Compound annual growth was +13.2% over 5 years and -1.9% over 10 years. It rose in 8 of the last 10 fiscal years.

TNL net incomeQ3 2026$108.00M

Quarter YoY: -2.7%
QoQ: -0.9%
FY YoY: -44.0%
10Y CAGR: -9.3%

TNL net income was $108.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 2.7% from a year earlier and down 0.9% from the prior quarter. For the full fiscal 2025 it was $230.00M, down 44.0% from fiscal 2024. Compound annual growth was -9.3% over 10 years. It rose in 3 of the last 4 fiscal years.

TNL EPSQ3 2026$1.73

Quarter YoY: +3.6%
QoQ: +0.6%
FY YoY: -40.9%
10Y CAGR: -3.9%

TNL diluted EPS was $1.73 in fiscal Q3 2026 (ended Sep 30, 2026), up 3.6% from a year earlier and up 0.6% from the prior quarter. For the full fiscal 2025 it was $3.44, down 40.9% from fiscal 2024. Compound annual growth was -3.9% over 10 years.

TNL free cash flowQ3 2026$111.00M

Quarter YoY: -18.4%
QoQ: -43.1%
FY YoY: +36.6%
5Y CAGR: +11.4%
10Y CAGR: -4.2%

TNL free cash flow was $111.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 18.4% from a year earlier and down 43.1% from the prior quarter. For the full fiscal 2025 it was $523.00M, up 36.6% from fiscal 2024. Compound annual growth was +11.4% over 5 years and -4.2% over 10 years. It rose in 6 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$4.02B	$3.86B	$3.75B	$3.57B	$3.13B	$2.16B	$4.04B	$3.93B	$3.81B	$3.69B
Cost of revenue	$273.00M	$92.00M	$133.00M	$157.00M	$157.00M	$2.00M	$186.00M	$183.00M	$150.00M	-
Gross profit	$3.75B	$3.77B	$3.62B	$3.41B	$2.98B	$2.16B	$3.86B	$3.75B	$3.66B	-
Selling, general and admin	$498.00M	$475.00M	$454.00M	$479.00M	$434.00M	$398.00M	$491.00M	$513.00M	$580.00M	$568.00M
Operating income	$553.00M	$733.00M	$720.00M	$653.00M	$618.00M	-$105.00M	$812.00M	$523.00M	$439.00M	$658.00M
Interest expense	-	-	$251.00M	$195.00M	$198.00M	$192.00M	$162.00M	$170.00M	$155.00M	$133.00M
Pre-tax income	$337.00M	$513.00M	$485.00M	$486.00M	$429.00M	-$276.00M	$680.00M	$396.00M	$318.00M	$542.00M
Income tax	$107.00M	$135.00M	$94.00M	$130.00M	$116.00M	-$23.00M	$191.00M	$130.00M	-$328.00M	$190.00M
Net income	$230.00M	$411.00M	$396.00M	$357.00M	$308.00M	-$255.00M	$507.00M	$672.00M	$854.00M	$611.00M
EPS, basic	$3.51	$5.87	$5.31	$4.28	$3.56	-$2.97	$5.50	$6.80	$8.29	$5.56
EPS, diluted	$3.44	$5.82	$5.28	$4.24	$3.52	-$2.97	$5.48	$6.77	$8.24	$5.52
Diluted shares	66.9M	70.7M	75.0M	84.2M	87.3M	86.1M	92.4M	99.2M	103.7M	110.6M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$426.00M	$329.00M	$282.00M	$688.00M	$497.00M	$1.20B	$355.00M	$218.00M	$48.00M	$333.00M
Short-term investments	$18.00M	$18.00M	$19.00M	$18.00M	$21.00M	$26.00M	$35.00M	$25.00M	$24.00M	$14.00M
Receivables	-	-	-	-	-	-	-	$121.00M	$195.00M	$376.00M
Inventory	$1.13B	$1.23B	$1.14B	$1.19B	$1.22B	$1.35B	$1.20B	$1.22B	$1.25B	$310.00M
Current assets	-	-	-	-	-	-	-	-	$3.00B	$1.81B
Goodwill	$972.00M	$966.00M	$962.00M	$955.00M	$961.00M	$964.00M	$970.00M	$922.00M	$911.00M	$1.22B
Total assets	$6.76B	$6.74B	$6.74B	$6.76B	$6.59B	$7.61B	$7.45B	$7.16B	$10.45B	$9.82B
Current liabilities	-	-	-	-	-	-	-	-	$2.63B	$2.03B
Short-term debt	-	-	-	-	-	-	-	-	$104.00M	$22.00M
Total debt	$5.60B	$5.59B	$5.65B	$5.64B	$5.31B	$6.42B	$5.58B	-	$3.91B	-
Total liabilities	$7.74B	$7.62B	$7.66B	$7.66B	$7.38B	$8.58B	$7.98B	$7.73B	$9.68B	$9.10B
Shareholders' equity	-$981.00M	-$880.00M	-$917.00M	-$904.00M	-$794.00M	-$968.00M	-$524.00M	-$569.00M	$774.00M	$633.00M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$640.00M	$464.00M	$350.00M	$442.00M	$568.00M	$374.00M	$452.00M	$442.00M	$986.00M	$963.00M
Capital expenditures	$117.00M	$81.00M	$74.00M	$52.00M	$57.00M	$69.00M	$108.00M	$99.00M	$107.00M	$117.00M
Free cash flow	$523.00M	$383.00M	$276.00M	$390.00M	$511.00M	$305.00M	$344.00M	$343.00M	$879.00M	$846.00M
Investing cash flow	-$107.00M	-$124.00M	-$80.00M	-$50.00M	-$93.00M	-$65.00M	-$66.00M	-$725.00M	-$362.00M	-$346.00M
Financing cash flow	-$443.00M	-$458.00M	-$500.00M	-$196.00M	-$1.29B	$502.00M	-$289.00M	$280.00M	-$558.00M	-$586.00M
Dividends paid	$149.00M	$142.00M	$136.00M	$135.00M	$109.00M	$138.00M	$166.00M	$194.00M	$242.00M	$223.00M
Share repurchases	$301.00M	$234.00M	$309.00M	$351.00M	$25.00M	$128.00M	$340.00M	$330.00M	$599.00M	$619.00M
Stock-based compensation	$57.00M	$41.00M	$38.00M	$45.00M	$32.00M	$20.00M	$24.00M	$129.00M	$59.00M	$57.00M
Depreciation and amortization	$124.00M	$115.00M	$112.00M	$119.00M	$124.00M	$126.00M	$121.00M	$138.00M	$136.00M	$127.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	4.1%	3.0%	5.1%	13.8%	45.1%	-46.6%	2.8%	3.3%	3.1%	-24.3%
Net income growth, YoY	-44.0%	3.8%	10.9%	15.9%	-	-	-24.6%	-21.3%	39.8%	-0.2%
EPS growth, YoY	-40.9%	10.2%	24.5%	20.5%	-	-	-19.1%	-17.8%	49.3%	7.4%
Gross margin	93.2%	97.6%	96.5%	95.6%	95.0%	99.9%	95.4%	95.3%	96.1%	-
Operating margin	13.8%	19.0%	19.2%	18.3%	19.7%	-4.9%	20.1%	13.3%	11.5%	17.8%
Net margin	5.7%	10.6%	10.6%	10.0%	9.8%	-11.8%	12.5%	17.1%	22.4%	16.5%
Free cash flow margin	13.0%	9.9%	7.4%	10.9%	16.3%	14.1%	8.5%	8.7%	23.1%	22.9%
Return on equity	-	-	-	-	-	-	-	-	110.3%	96.5%
Return on assets	3.4%	6.1%	5.9%	5.3%	4.7%	-3.3%	6.8%	9.4%	8.2%	6.2%
Current ratio	-	-	-	-	-	-	-	-	1.14	0.89
Debt to equity	-	-	-	-	-	-	-	-	5.05	-

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$1.10B	$1.06B	$961.00M	$1.02B	$1.04B	$1.02B	$934.00M	$971.00M	$993.00M	$985.00M	$916.00M	$936.00M
Cost of revenue	$22.00M	$29.00M	$35.00M	$215.00M	$13.00M	$21.00M	$23.00M	$10.00M	$27.00M	$21.00M	$34.00M	$26.00M
Gross profit	$1.08B	$1.03B	$926.00M	$810.00M	$1.03B	$997.00M	$911.00M	$961.00M	$966.00M	$964.00M	$882.00M	$910.00M
Selling, general and admin	$125.00M	$130.00M	$121.00M	$139.00M	$122.00M	$116.00M	$122.00M	$125.00M	$111.00M	$128.00M	$112.00M	$107.00M
Operating income	$195.00M	$210.00M	$159.00M	-$23.00M	$214.00M	$206.00M	$156.00M	$206.00M	$189.00M	$189.00M	$150.00M	$191.00M
Interest expense	-	-	-	-	-	-	-	-	$63.00M	$63.00M	$64.00M	$68.00M
Pre-tax income	$146.00M	$155.00M	$108.00M	-$73.00M	$158.00M	$152.00M	$101.00M	$157.00M	$130.00M	$133.00M	$92.00M	$127.00M
Income tax	$38.00M	$46.00M	$29.00M	-$12.00M	$47.00M	$44.00M	$28.00M	$39.00M	$33.00M	$36.00M	$26.00M	-$2.00M
Net income	$108.00M	$109.00M	$79.00M	-$61.00M	$111.00M	$108.00M	$73.00M	$119.00M	$97.00M	$129.00M	$66.00M	$129.00M
EPS, basic	$1.77	$1.75	$1.25	-$0.91	$1.70	$1.63	$1.09	$1.72	$1.40	$1.82	$0.93	$1.74
EPS, diluted	$1.73	$1.72	$1.22	-$0.92	$1.67	$1.62	$1.07	$1.70	$1.39	$1.81	$0.92	$1.73
Diluted shares	62.6M	63.4M	64.4M	-	66.1M	66.5M	68.2M	-	70.2M	71.0M	72.0M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$306.00M	$282.00M	$254.00M	$426.00M	$240.00M	$212.00M	$188.00M	$329.00M	$194.00M	$166.00M	$479.00M	$282.00M
Short-term investments	-	-	-	$18.00M	-	-	-	$18.00M	-	-	-	$19.00M
Inventory	$1.15B	$1.18B	$1.18B	$1.13B	$1.27B	$1.25B	$1.22B	$1.23B	$1.21B	$1.21B	$1.19B	$1.14B
Goodwill	$1.04B	$972.00M	$971.00M	$972.00M	$971.00M	$972.00M	$968.00M	$966.00M	$971.00M	$968.00M	$993.00M	$962.00M
Total assets	$7.30B	$6.90B	$6.84B	$6.76B	$6.89B	$6.81B	$6.76B	$6.74B	$6.70B	$6.69B	$7.02B	$6.74B
Total debt	$6.07B	$5.71B	$5.75B	$5.60B	$5.58B	$5.59B	$5.66B	$5.59B	$5.58B	$5.58B	$5.92B	$5.65B
Total liabilities	$8.31B	$7.92B	$7.86B	$7.74B	$7.71B	$7.66B	$7.67B	$7.62B	$7.56B	$7.58B	$7.95B	$7.66B
Shareholders' equity	-$1.01B	-$1.02B	-$1.02B	-$981.00M	-$821.00M	-$853.00M	-$903.00M	-$880.00M	-$861.00M	-$884.00M	-$925.00M	-$917.00M

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$130.00M	$220.00M	$38.00M	$124.00M	$163.00M	$232.00M	$121.00M	$98.00M	$145.00M	$174.00M	$47.00M	$152.00M
Capital expenditures	$19.00M	$25.00M	$19.00M	$32.00M	$27.00M	$37.00M	$21.00M	$23.00M	$20.00M	$21.00M	$17.00M	$32.00M
Free cash flow	$111.00M	$195.00M	$19.00M	$92.00M	$136.00M	$195.00M	$100.00M	$75.00M	$125.00M	$153.00M	$30.00M	$120.00M
Investing cash flow	-$309.00M	-$26.00M	-$18.00M	-$29.00M	-$30.00M	-$26.00M	-$22.00M	-$23.00M	-$20.00M	-$24.00M	-$57.00M	-$34.00M
Financing cash flow	$205.00M	-$179.00M	$7.00M	-$83.00M	-$105.00M	-$192.00M	-$63.00M	-$84.00M	-$113.00M	-$464.00M	$203.00M	-$56.00M
Dividends paid	$36.00M	$37.00M	$41.00M	$35.00M	$36.00M	$37.00M	$41.00M	$34.00M	$35.00M	$35.00M	$38.00M	$32.00M
Share repurchases	$75.00M	$88.00M	$87.00M	$90.00M	$71.00M	$70.00M	$70.00M	$72.00M	$68.00M	$69.00M	$25.00M	$40.00M
Stock-based compensation	$15.00M	$15.00M	$13.00M	$19.00M	$12.00M	$12.00M	$14.00M	$12.00M	$9.00M	$11.00M	$9.00M	$7.00M
Depreciation and amortization	$35.00M	$32.00M	$32.00M	$32.00M	$31.00M	$31.00M	$30.00M	$29.00M	$29.00M	$28.00M	$28.00M	$29.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	5.5%	4.4%	2.9%	5.6%	5.1%	3.4%	2.0%	3.7%	0.7%	3.8%	4.2%	4.1%
Net income growth, YoY	-2.7%	0.9%	8.2%	-	14.4%	-16.3%	10.6%	-7.8%	-11.8%	37.2%	3.1%	41.8%
EPS growth, YoY	3.6%	6.2%	14.0%	-	20.1%	-10.5%	16.3%	-1.7%	-6.7%	44.8%	13.6%	55.9%
Gross margin	98.0%	97.3%	96.4%	79.0%	98.8%	97.9%	97.5%	99.0%	97.3%	97.9%	96.3%	97.2%
Operating margin	17.7%	19.8%	16.5%	-2.2%	20.5%	20.2%	16.7%	21.2%	19.0%	19.2%	16.4%	20.4%
Net margin	9.8%	10.3%	8.2%	-6.0%	10.6%	10.6%	7.8%	12.3%	9.8%	13.1%	7.2%	13.8%
Free cash flow margin	10.1%	18.3%	2.0%	9.0%	13.0%	19.2%	10.7%	7.7%	12.6%	15.5%	3.3%	12.8%

Source: XBRL data Travel Leisure Co. Common Stock files with the SEC, latest filing dated Oct 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

TNL peers

Company	Revenue	Growth	Net income	Net margin	Market cap
TNL	$4.15B	+4.6%	$235.00M	5.7%	$4.72B
MARMarriott International	$27.42B	+5.8%	$2.65B	9.7%	$107.42B
HLTHilton Worldwide Holdings Inc.	$12.69B	+8.1%	$1.70B	13.4%	$83.05B
IHGIntercontinental Hotels Group	$5.19B	+5.4%	$758.00M	14.6%	$26.54B
LVSLas Vegas Sands Corp.	$13.60B	+10.9%	$1.61B	11.8%	$25.19B
HHyatt Hotels Corporation	$7.11B	+2.8%	$188.00M	2.6%	$17.34B
HTHTH World Group Limited	CN¥25.31B	+5.9%	CN¥5.08B	20.1%	$15.44B
LTHLife Time Group Holdings Inc.	$3.29B	+13.0%	$418.95M	12.7%	$10.53B
WYNNWynn Resorts Limited	$7.27B	+2.2%	$377.87M	5.2%	$8.89B

TNL FAQ

9 questions

What is TNL revenue?
Travel Leisure Co. Common Stock (TNL) reported $4.15B of revenue for the twelve months ended Sep 30, 2026. That is up 4.6% from the year before. Revenue for fiscal 2025 was $4.02B.
Is TNL profitable?
Yes. Travel Leisure Co. Common Stock earned $235.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 5.7%.
How much cash and debt does TNL have?
Travel Leisure Co. Common Stock reported $306.00M in cash and cash equivalents and $6.07B of debt on its most recent balance sheet in SEC filings.
How fast is TNL revenue growing?
Travel Leisure Co. Common Stock's revenue changed +4.1% in fiscal 2025, to $4.02B. Its compound annual growth rate was +13.2% over 5 years and -1.9% over 10 years.
What is TNL gross margin?
Travel Leisure Co. Common Stock's gross profit was $3.85B on $4.15B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 92.7%.
What is TNL free cash flow?
Travel Leisure Co. Common Stock generated $417.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $512.00M less capital expenditures.
What is TNL earnings per share?
Diluted earnings per share were $3.75 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did TNL last report financial results?
The latest statements here come from Travel Leisure Co. Common Stock's 10-Q filed on Oct 27, 2026, covering the period ended Sep 30, 2026.
Where does this TNL financial data come from?
Quantisnow builds these statements from the structured XBRL data Travel Leisure Co. Common Stock files with the SEC. It is provided for information only and is not investment advice.