Travel + Leisure Co. (TNL)

From the record

Travel + Leisure Co.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Travel + Leisure Co.'s 10 filed years say what it did: revenue went from $3.7 billion in fiscal 2016 to $4.0 billion in fiscal 2025, up 1% a year; it rose in 8 of 9 years; the deepest fall was 47% from fiscal 2019 to fiscal 2020; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Travel + Leisure Co.'s diluted share count shrank about 7.4% a year, and dividends and buybacks returned about 87% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 30 sales (14 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-11-12, buying about $66 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Travel + Leisure Co.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 55 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 115 cents per dollar of assets, and net share issuance: its share count shrank 5.4% over the year (the filed statements).

From the record

Travel + Leisure Co.'s standing among 27 graded names in its industry family: revenue of $4.0 billion in fiscal 2025 ranks in the top 50% by size; a net margin of 5.7% ranks in the top 50%; revenue growth of 4.1% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

From the record

Travel + Leisure Co.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 17 officers and directors filing in the last fifteen months have been on the record a median of 8.5 years (bottom 35%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 22%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Travel + Leisure Co.'s room to grow, from the newest filed statements (fiscal 2025): cash of $253 million against debt of $5.6 billion leaves -79.1% of its assets as net cash, bottom 2% of its family; cash from operations less capital spending is 13% of revenue (bottom 48%); a gross margin of 93.2% (top 25%) (its annual report).

From the record

Travel + Leisure Co.'s growth drivers, from the filed years to fiscal 2025: revenue grew 4.1% a year over the last three filed years against 1% over all 10, speeding up (top 43% of its family); the newest year grew 4.1% (bottom 46%); capital spending grew 31% a year (top 23%) (its annual reports). Travel + Leisure Co. reported 4 product lines in fiscal 2025: Vacation Ownership Interest Sales at $1.8 billion (46%), Service and Membership Fees at $1.6 billion (40%), Consumer Financing Revenue at $454 million (11%), and 1 more; 4 of 4 grew against the year before (its annual report).

From the record

Travel + Leisure Co.'s newest year against its own record: revenue of $4.0 billion in fiscal 2025 came in 0% below the $4.0 billion its prior three years' pace pointed to (top 20% of its family); net income of $230 million against a prior three-year average of $388 million (bottom 35%); a net margin of 5.7% against 10.4% before (bottom 35%) (its annual reports).