Financials in USD. Standardized financial statements.
A compact view of how Travel + Leisure Co. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.02B | $3.86B | $3.75B | $3.57B | $3.13B | $2.16B | $4.04B | $3.93B | $5.08B | $5.60B |
| Revenue Growth? | +4.1% | +3.0% | +5.1% | +13.8% | +45.1% | -46.6% | +2.8% | -22.6% | -9.3% | 0.0% |
| Cost of Revenue? | $2.93B | $1.97B | $1.93B | $1.84B | $1.56B | $1.23B | $1.94B | $1.91B | $1.86B | $1.83B |
| Gross Profit? | $1.09B | $1.89B | $1.82B | $1.73B | $1.57B | $932.00M | $2.10B | $2.02B | $1.95B | $1.86B |
| Gross Margin? | +27.2% | +49.0% | +48.6% | +48.4% | +50.1% | +43.1% | +52.0% | +51.3% | +38.3% | +33.3% |
| Operating Expenses? | $376.00M | $1.16B | $1.10B | $1.07B | $952.00M | $1.04B | $1.29B | $1.50B | $1.51B | $1.21B |
| Operating Income? | $717.00M | $733.00M | $720.00M | $653.00M | $618.00M | -$105.00M | $812.00M | $523.00M | $439.00M | $658.00M |
| EBITDA? | $828.00M | $877.00M | $848.00M | $800.00M | $751.00M | $42.00M | $963.00M | $704.00M | $609.00M | $802.00M |
| Income Before Tax | $337.00M | $513.00M | $485.00M | $486.00M | $429.00M | -$276.00M | $680.00M | $396.00M | $590.00M | $940.00M |
| Income Tax Expense | $107.00M | $135.00M | $94.00M | $130.00M | $116.00M | -$23.00M | $191.00M | $130.00M | -$229.00M | $328.00M |
| Net Income? | $230.00M | $411.00M | $396.00M | $357.00M | $308.00M | -$253.00M | $507.00M | $672.00M | $854.00M | $611.00M |
| EPS? | $3.51 | $5.39 | $5.32 | $4.27 | $3.62 | $-2.94 | $5.31 | $6.79 | $8.46 | $5.56 |
| Diluted EPS? | $3.44 | $5.35 | $5.28 | $4.23 | $3.62 | $-2.94 | $5.29 | $6.77 | $8.40 | $5.53 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality