Travel + Leisure Co. (TNL)
NYSE: TNL · Hotels & Motels · Orlando, FL · filing with the SEC since 2006
Grade5.4
◀ Past 6.3● Present 4.9▶ Future 5.3
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 18, 2026 | Feb 19, 2025 | Feb 21, 2024 | Feb 22, 2023 | Feb 23, 2022 | Feb 24, 2021 | Feb 26, 2020 | Feb 26, 2019 | Feb 20, 2018 | Feb 17, 2017 |
| Revenue | 4,021 | 3,864 | 3,750 | 3,567 | 3,134 | 2,160 | 4,043 | 3,931 | 3,806 | 3,692 |
| For lenders | ||||||||||
| Provision for credit losses | 484 | 432 | 348 | 302 | 129 | 415 | 479 | 456 | 420 | 342 |
| Cost of revenue | 273 | 92 | 133 | 157 | 157 | 2 | 186 | 183 | 150 | · |
| General and administrative | 498 | 475 | 454 | 479 | 434 | 398 | 491 | 513 | 580r | 568r |
| Total costs and expenses | 3,468 | 3,131 | 3,028 | 2,914 | 2,516 | 2,265 | 3,299 | 3,408 | 3,367r | 3,034r |
| Operating income | 553 | 733 | 720 | 653 | 618 | -105 | 812 | 523 | 439r | 658r |
| Interest expense | 232 | 249 | 251 | 195 | 198 | 192 | 162 | 170 | 155r | 133r |
| Interest and investment income | · | · | 13 | 6 | 3 | 7 | 7 | 5 | 6r | 7r |
| Interest income (expense), net | 9 | 14 | 13 | 6 | · | · | · | · | · | · |
| Other income (expense), net | 7 | 15 | 3 | 22 | · | · | · | · | · | · |
| Income before income taxes | 337 | 513 | 485 | 486 | 429 | -276 | 680 | 396 | 318 | 542r |
| Income tax expense | 107 | 135 | 94 | 130 | 116 | -23 | 191 | 130 | -328r | 190r |
| Income from continuing operations | 230 | 378 | 391 | 356 | 313 | -253 | 489 | 266 | 646r | 352r |
| Income from discontinued operations | · | · | · | · | · | -2 | 18r | 406r | 209r | 260r |
| Net income including non-controlling interests | 230 | 411 | 396 | 357 | 308 | -255 | 507 | 672 | 855r | 612 |
| Net income to non-controlling interests | · | · | · | · | · | · | 0 | 0 | 1 | 1 |
| Net income | 230 | 411 | 396 | 357 | 308 | -255 | 507 | 672 | 854r | 611 |
| Earnings per share, basic | 3.51 | 5.87 | 5.31 | 4.28 | 3.56 | -2.97 | 5.50 | 6.80 | 8.29r | 5.56 |
| Earnings per share, diluted | 3.44 | 5.82 | 5.28 | 4.24 | 3.52 | -2.97 | 5.48 | 6.77 | 8.24r | 5.52r |
| Weighted average shares, basic | 65.6 | 70.1 | 74.5 | 83.4 | 86.5 | 86.1 | 92.1 | 98.9 | 103.0 | 109.9r |
| Weighted average shares, diluted | 66.9 | 70.7 | 75.0 | 84.2 | 87.3 | 86.1 | 92.4 | 99.2 | 103.7 | 110.6r |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLossesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenueGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseDebt
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeNonoperating
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding