NYSE:TNL
Travel & Leisure Co.
Travel & Leisure Co.'s revenue grew 4.1% in fiscal 2025 to $4.0B while operating margin fell to 13.8%. Free cash flow was $523.0M, 13.0% of revenue, and the diluted share count fell 5.4%.Summary generated from Travel & Leisure Co.'s SEC filings. Latest annual report filed Feb 18, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$4.0B
Revenue growth+4.1%
Revenue, 5-yr CAGR+13.2%
Gross margin93.2%
Operating margin13.8%
Net margin5.7%
ROIC8.5%
Return on equityn/a
Debt / equityn/a
Free cash flow$523.0M
FCF margin13.0%
Share count change−5.4%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 3,134 | 3,567 | 3,750 | 3,864 | 4,021 |
| Operating income | 618 | 653 | 720 | 733 | 553 |
| Net income | 308 | 357 | 396 | 411 | 230 |
| Free cash flow | 511 | 390 | 276 | 383 | 523 |
Recent filings
- 4Insider transaction report
Aug 27, 2026 - 4Insider transaction report
Aug 27, 2026 - 8-KRegulation FD disclosure
Aug 19, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 22, 2026 - 8-KResults of operations and financial condition
Jul 22, 2026 - 8-KResults of a shareholder vote
May 22, 2026 - 8-KEntry into a material agreement
May 20, 2026 - 8-KOther events
May 11, 2026