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TNL · NYSE · United States · Hotels & Motels
In shortTravel & Leisure Co. is profitable.
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 13.8% | 63/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 5.7% | 43/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | – | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.2% | 54/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | – | n/a |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 7.87× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.38× | 8/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 13.0% | 72/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.27× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 17.8% | 45/100 |
| Operating margin volatility | 2.4% | 87/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.1% | 39/100 |
|---|---|---|
| EPS growth, 3-year average | -6.7% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 3,134 | 3,567 | 3,750 | 3,864 | 4,021 |
| Cost of revenue | 157 | 157 | 133 | 92 | 273 |
| Gross profit | 2,977 | 3,410 | 3,617 | 3,772 | 3,748 |
| Operating income | 618 | 653 | 720 | 733 | 553 |
| Interest expense | 198 | 195 | 251 | 249 | 232 |
| Pre-tax income | 429 | 486 | 485 | 513 | 337 |
| Income tax | 116 | 130 | 94 | 135 | 107 |
| Net income | 308 | 357 | 396 | 411 | 230 |
| Diluted EPS | $3.52 | $4.24 | $5.28 | $5.82 | $3.44 |
| Diluted shares (millions) | 87 | 84 | 75 | 71 | 67 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 22, 2026