Travel Leisure Financial Statements
NYSE: TNLConsumer DiscretionaryHotels/ResortsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Travel Leisure revenue and earnings
In fiscal 2025, Travel Leisure generated $4.02 billion in revenue, up 4.1% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $230.0 million (-44.0% year over year), for a net margin of 5.7% versus a median of 10.0% in the prior 5 years. Gross margin was 93.2% (down from 97.6%) and operating margin 13.8%.
Diluted earnings per share came in at $3.44, down from $5.82. Over the last 5 fiscal years, TNL's revenue has grown at a 13.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Travel Leisure income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.02B | 3.86B | 3.75B | 3.57B | 3.13B | 2.16B | 4.04B | 3.93B | 3.81B | 3.69B |
| Revenue growth (YoY) | +4.06% | +3.04% | +5.13% | +13.82% | +45.09% | -46.57% | +2.85% | +3.28% | +3.09% | -24.31% |
| 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 | — |
| Operating Expenses | 3.19B | 3.04B | 2.90B | 2.76B | 2.36B | 2.26B | 3.04B | 3.23B | 3.22B | — |
| Operating Income | 553.00M | 733.00M | 720.00M | 653.00M | 618.00M | -105.00M | 812.00M | 523.00M | 439.00M | 658.00M |
| Interest Expense | 232.00M | 249.00M | 251.00M | 195.00M | 198.00M | 192.00M | 162.00M | 170.00M | 155.00M | 133.00M |
| Other Income (Expense) | 7.00M | 15.00M | 3.00M | 22.00M | 6.00M | 14.00M | 23.00M | 38.00M | 28.00M | 21.00M |
| Pretax 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 |
| Net Income growth (YoY) | -44.04% | +3.79% | +10.92% | +15.91% | — | -150.30% | -24.55% | -21.31% | +39.77% | -0.16% |
| 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 |
| Shares Outstanding (Basic) | 65.60M | 70.10M | 74.50M | 83.40M | 86.50M | 86.10M | 92.10M | 98.90M | 103.00M | 109.90M |
| Shares Outstanding (Diluted) | 66.90M | 70.70M | 75.00M | 84.20M | 87.30M | 86.10M | 92.40M | 99.20M | 103.70M | 110.60M |
| EBITDA | 677.00M | 848.00M | 832.00M | 772.00M | 742.00M | 21.00M | 933.00M | 661.00M | 575.00M | 830.00M |
| Gross Margin | 93.21% | 97.62% | 96.45% | 95.60% | 94.99% | 99.91% | 95.40% | 95.34% | 96.06% | — |
| Operating Margin | 13.75% | 18.97% | 19.20% | 18.31% | 19.72% | -4.86% | 20.08% | 13.30% | 11.53% | 17.82% |
| Net Margin | 5.72% | 10.64% | 10.56% | 10.01% | 9.83% | -11.81% | 12.54% | 17.09% | 22.44% | 16.55% |
This table shows 10 annual periods of Travel Leisure's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TNL's reporting calendar. What is a income statement?