TNL
$67.12+2.90%
Travel Leisure Co. Common StockStock · Consumer DiscretionaryRussell 3000 · 0.006% of IWVRussell 1000 · 0.006% of IWBUS Stock Market · 0.006% of VTI
TNL financial statements
The full income statement, balance sheet, and cash-flow statement for Travel Leisure Co. Common Stock (TNL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 69.8M2024-09 68.4M2024-12 66.7M2025-03 66.4M2025-06 64.9M2025-09 64.3M2025-12 62.4M2026-03 62.4M2026-06 61.2M-12.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.02B+4.1% | 3.86B+3.0% | 3.75B+5.1% | 3.57B+13.8% | 3.13B+45.1% | |
| Cost of revenue | 273M+196.7% | 92.0M-30.8% | 133M-15.3% | 157M+0.0% | 157M+7750.0% | |
| Selling, general & administrative | 498M+4.8% | 475M+4.6% | 454M-5.2% | 479M+10.4% | 434M+9.0% | |
| General & administrative | 498M+4.8% | 475M+4.6% | 454M-5.2% | 479M+10.4% | 434M+9.0% | |
| Restructuring | 19.0M+18.8% | 16.0M-38.5% | 26.0M+85.7% | 14.0M+1500.0% | -1.00M-102.6% | |
| Amortization of intangibles | 10.0M+0.0% | 10.0M+0.0% | 10.0M+11.1% | 9.00M+0.0% | 9.00M-10.0% | |
| Provision for credit losses | 484M+12.0% | 432M+24.1% | 348M+15.2% | 302M+134.1% | 129M-68.9% | |
| Operating income | 553M-24.6% | 733M+1.8% | 720M+10.3% | 653M+5.7% | 618M+688.6% | |
| Interest expense | 232M-6.8% | 249M-0.8% | 251M+28.7% | 195M-1.5% | 198M+3.1% | |
| Interest & investment income | — | — | 13.0M+116.7% | 6.00M+100.0% | 3.00M-57.1% | |
| Other non-operating income | 7.00M-53.3% | 15.0M+400.0% | 3.00M-86.4% | 22.0M | — | |
| Gain (loss) on equity securities | — | — | 0.00-100.0% | 5.00M+66.7% | 3.00M | |
| Pre-tax income | 337M-34.3% | 513M+5.8% | 485M-0.2% | 486M+13.3% | 429M+255.4% | |
| Income tax | 107M-20.7% | 135M+43.6% | 94.0M-27.7% | 130M+12.1% | 116M+604.3% | |
| 230M-44.0% | 411M+3.8% | 396M+10.9% | 357M+15.9% | 308M+220.8% | ||
| Income from continuing operations | 230M-39.2% | 378M-3.3% | 391M+9.8% | 356M+13.7% | 313M+223.7% | |
| $3.44-40.9% | $5.82+10.2% | $5.28+24.5% | $4.24+20.5% | $3.52+218.5% | ||
| EPS (basic) | $3.51-40.2% | $5.87+10.5% | $5.31+24.1% | $4.28+20.2% | $3.56+219.9% | |
| Weighted-avg shares (basic) | 65.6M-6.4% | 70.1M-5.9% | 74.5M-10.7% | 83.4M-3.6% | 86.5M+0.5% | |
| Weighted-avg shares (diluted) | 66.9M-5.4% | 70.7M-5.7% | 75.0M-10.9% | 84.2M-3.6% | 87.3M+1.4% | |
| Dividends per share | $2.24+12.0% | $2.00+11.1% | $1.80+12.5% | $1.60+28.0% | $1.25-21.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 253M+51.5% | 167M-40.8% | 282M-48.7% | 550M+49.1% | 369M-69.1% | |
| Short-term investments | 18.0M+0.0% | 18.0M-5.3% | 19.0M+5.6% | 18.0M-14.3% | 21.0M-19.2% | |
| Inventory | 1.13B-8.1% | 1.23B+8.1% | 1.14B-4.9% | 1.19B-1.9% | 1.22B-9.7% | |
| 6.76B+0.4% | 6.74B-0.0% | 6.74B-0.3% | 6.76B+2.6% | 6.59B-13.5% | ||
| Property, plant & equipment | 531M-10.2% | 591M-9.8% | 655M-0.5% | 658M-4.5% | 689M+3.5% | |
| Operating lease right-of-use | 85.0M+80.9% | 47.0M+2.2% | 46.0M-25.8% | 62.0M-21.5% | 79.0M-14.1% | |
| Goodwill | 972M+0.6% | 966M+0.4% | 962M+0.7% | 955M-0.6% | 961M-0.3% | |
| Intangible assets | 201M-3.8% | 209M+5.0% | 199M-3.9% | 207M-5.5% | 219M+67.2% | |
| 7.74B+1.7% | 7.62B-0.5% | 7.66B-0.1% | 7.66B+3.8% | 7.38B-14.0% | ||
| Long-term debt | 5.60B+0.1% | 5.59B-1.0% | 5.65B+0.1% | 5.64B+6.2% | 5.31B-17.2% | |
| Operating lease liability (total) | 136M+72.2% | 79.0M-9.2% | 87.0M-21.6% | 111M-18.4% | 136M-13.4% | |
| Finance lease liability (total) | 18.0M-14.3% | 21.0M+5.0% | 20.0M+81.8% | 11.0M+22.2% | 9.00M | |
| Deferred tax liabilities | 704M-2.5% | 722M+5.1% | 687M+1.2% | 679M-1.0% | 686M-5.4% | |
| -981M-11.4% | -881M+4.0% | -918M-0.5% | -913M-14.0% | -801M+17.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 3.00M+50.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | |
| Additional paid-in capital | 4.41B+1.8% | 4.33B+1.1% | 4.28B+0.9% | 4.24B+1.2% | 4.19B+0.8% | |
| Retained earnings | 2.41B+3.3% | 2.33B+12.9% | 2.07B+14.3% | 1.81B+13.9% | 1.59B+14.2% | |
| Treasury stock | 7.74B+4.1% | 7.43B+3.3% | 7.20B+4.5% | 6.89B+5.4% | 6.53B+0.4% | |
| Accumulated other comprehensive income | -66.0M+41.1% | -112M-60.0% | -70.0M+11.4% | -79.0M-64.6% | -48.0M-200.0% | |
| Non-controlling interest | -1.00M-200.0% | 1.00M+0.0% | 1.00M-88.9% | 9.00M+28.6% | 7.00M+0.0% | |
| Total equity incl. non-controlling | -982M-11.6% | -880M+4.0% | -917M-1.4% | -904M-13.9% | -794M+18.0% | |
| Total liabilities & equity | 6.76B+0.4% | 6.74B-0.0% | 6.74B-0.3% | 6.76B+2.6% | 6.59B-13.5% | |
| Common shares issued | 226M+0.6% | 225M+0.4% | 224M+0.4% | 223M+0.3% | 222M+0.2% | |
| Common shares outstanding | 63.1M-6.0% | 67.1M-6.0% | 71.4M-8.9% | 78.4M-8.7% | 85.9M+0.0% | |
| Shares outstanding (cover) | 62.4M-6.4% | 66.7M-6.1% | 71.0M-8.4% | 77.6M-9.5% | 85.7M-0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 640M+37.9% | 464M+32.6% | 350M-20.8% | 442M-22.2% | 568M+51.9% | ||
| Depreciation & amortization | 124M+7.8% | 115M+2.7% | 112M-5.9% | 119M-4.0% | 124M-1.6% | |
| Intangible amortization | 10.0M+0.0% | 10.0M+0.0% | 10.0M+11.1% | 9.00M+0.0% | 9.00M-10.0% | |
| Share-based compensation | 57.0M+39.0% | 41.0M+7.9% | 38.0M-15.6% | 45.0M+40.6% | 32.0M+60.0% | |
| Deferred income taxes | -21.0M-180.8% | 26.0M+225.0% | 8.00M+300.0% | -4.00M+89.7% | -39.0M+55.7% | |
| Change in receivables | -3.00M+91.4% | -35.0M-294.4% | 18.0M-35.7% | 28.0M+86.7% | 15.0M+150.0% | |
| Change in inventory | 68.0M+325.0% | 16.0M+164.0% | -25.0M+19.4% | -31.0M-616.7% | 6.00M-95.0% | |
| Other operating activities | -8.00M-700.0% | -1.00M+66.7% | -3.00M-137.5% | 8.00M+700.0% | 1.00M+111.1% | |
| -107M+13.7% | -124M-55.0% | -80.0M-60.0% | -50.0M+46.2% | -93.0M-43.1% | ||
| Capital expenditure | 117M+44.4% | 81.0M+9.5% | 74.0M+42.3% | 52.0M-8.8% | 57.0M-17.4% | |
| Free cash flow | 523M+36.6% | 383M+38.8% | 276M-29.2% | 390M-23.7% | 511M+67.5% | |
| Acquisitions | 1.00M-97.7% | 44.0M+633.3% | 6.00M+200.0% | 2.00M-94.6% | 37.0M | |
| Purchases of investments | 19.0M | 0.00 | 0.00 | — | — | |
| Other investing activities | 1.00M+0.0% | 1.00M | 0.00+100.0% | -1.00M+0.0% | -1.00M+88.9% | |
| -443M+3.3% | -458M+8.4% | -500M-155.1% | -196M+84.8% | -1.29B-356.6% | ||
| Long-term debt issued | 2.67B+39.9% | 1.91B-6.0% | 2.03B | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 34.0M+126.7% | 15.0M+66.7% | 9.00M-10.0% | 10.0M-9.1% | 11.0M+57.1% | |
| Common stock repurchased | 301M+28.6% | 234M-24.3% | 309M-12.0% | 351M+1304.0% | 25.0M-80.5% | |
| Dividends paid | 149M+4.9% | 142M+4.4% | 136M+0.7% | 135M+23.9% | 109M-21.0% | |
| Net change in cash | 97.0M+175.2% | -129M+43.9% | -230M-220.4% | 191M+123.3% | -820M-200.6% | |
| Income taxes paid | 87.0M-13.0% | 100M-30.6% | 144M-5.9% | 153M+39.1% | 110M+120.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.40B+30.8% | 3.36B+18.9% | 2.83B-4.3% | 2.96B-37.5% | 4.74B+22.9% | |
| P/E | 19.1×+133.7% | 8.2×+3.8% | 7.9×-0.3% | 7.9×-48.6% | 15.4× | |
| P/S | 1.1×+25.7% | 0.9×+14.2% | 0.8×-8.8% | 0.8×-44.7% | 1.5×-15.3% | |
| P/FCF | 8.4×-4.2% | 8.8×-2.2% | 9.0×+5.4% | 8.5×-8.0% | 9.3×-26.6% | |
| Earnings yield | 5.2%-57.2% | 12.2%-3.7% | 12.7%+0.3% | 12.6%+94.4% | 6.5% | |
| FCF yield | 11.9%+4.4% | 11.4%+2.3% | 11.1%-5.1% | 11.7%+8.7% | 10.8%+36.3% | |
| Dividend yield | 3.2%-19.9% | 4.0%-13.9% | 4.6%+4.8% | 4.4%+94.4% | 2.3%-36.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TNL’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TNL filings on SEC EDGAR → Not investment advice.