Stocks Consumer discretionary TNL
NYSE · Consumer discretionaryTravel & Leisure Co. (TNL)
Travel & Leisure Co. brought in $4.2B of revenue over the twelve months to September 30, 2026, up 4.6% from a year earlier. Net income was $234M, a net margin of 5.6%. Operating cash flow minus capital spending left $523M of free cash flow in fiscal 2025. At September 30, 2026 it held $306M in cash against $6.1B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 27, 2026.
Key facts about Travel & Leisure Co.
- Net worth
- Travel & Leisure Co. has a market value (market cap) of $4.9B at the latest share price, and shareholders' equity of -$1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $4B (+4.1% year on year), with net income of $230M. Over the 12 months to September 30, 2026: revenue $4.2B, net income $234M.
- Cash flow
- In fiscal 2025 operations brought in $640M of cash; after $117M of capital spending, free cash flow was $523M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 27, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Travel & Leisure Co.'s next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Travel & Leisure Co. paid dividends of $2.24 per share in fiscal 2025, a yield of 2.79% at the current price.
What Travel & Leisure Co. does
Travel & Leisure Co. is registered with the SEC under industry code SIC 7011 (Hotels & Motels). Its shares trade on NYSE under the ticker TNL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $4B | $230M | $3.44 | $523M |
| 2024 | $3.9B | $411M | $5.82 | $383M |
| 2023 | $3.8B | $396M | $5.28 | $276M |
| 2022 | $3.6B | $357M | $4.24 | $390M |
| 2021 | $3.1B | $308M | $3.52 | $511M |
| 2020 | $2.2B | -$255M | -$2.97 | $305M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where TNL ranks in Consumer discretionary
Dividends
Travel & Leisure Co. paid $2.24 per share in fiscal 2025. At the current price that is a yield of 2.79%. It paid out $149M in cash dividends, 65% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.24 | $149M | 65% |
| 2024 | $2.00 | $142M | 35% |
| 2023 | $1.80 | $136M | 34% |
| 2022 | $1.60 | $135M | 38% |
| 2021 | $1.25 | $109M | 35% |
| 2020 | $1.60 | $138M | n/a |
Latest SEC filings
What Travel & Leisure Co. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- October 27, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 5.5% to $1.1B versus the same quarter last year; diluted EPS $1.73 versus $1.67.
- October 27, 2026
- August 19, 2026
- July 22, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 4.4% to $1.1B versus the same quarter last year; diluted EPS $1.72 versus $1.62.
- July 22, 2026
- July 14, 2026
- June 23, 2026Form NT 11-K filing NT 11-K
- May 22, 2026
- May 20, 2026
What is TNL worth? A DCF from its reported cash flow
Insider trades
What the people running Travel & Leisure Co. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $1.5M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 26, 2026 | Duncan Thomas MichaelSVP, Chief Accounting Officer | Sold | 20,000 | $1.5M |
| August 25, 2026 | Robin-Caplan AmandineSee remarks | Received as pay | 4,291 | - |
| August 25, 2026 | Robin-Caplan AmandineSee remarks | Shares withheld for tax | 1,689 | $124.4K |
| August 6, 2026 | Brown Michael DeanSee Remarks, Director | Exercised options | 200 | $8.9K |
| August 6, 2026 | Brown Michael DeanSee Remarks, Director | Soldpre-planned (10b5-1) | 200 | $15.8K |
| August 5, 2026 | Brown Michael DeanSee Remarks, Director | Exercised options | 4,150 | $184.2K |
| August 5, 2026 | Brown Michael DeanSee Remarks, Director | Soldpre-planned (10b5-1) | 4,150 | $328.8K |
| August 4, 2026 | Myers JeffreySee Remarks | Sold | 34,000 | $2.6M |
Who owns TNL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 9.68% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.11% | April 30, 2026 |
Largest institutional holders
Insiders
14 insiders reported holding 1,097,282 shares in total, about $88.2M at the last price.
| Holder | Shares |
|---|---|
| Brown Michael DeanSee Remarks, Director | 487,303 |
| Wargotz Michael HDirector | 135,521 |
| Buckman James EDirector | 134,870 |
| Brady Louise F.Director | 90,222 |
| Myers JeffreySee Remarks | 67,787 |
| Holmes Stephen PDirector | 54,211 |
| Rickles Ronald LDirector | 53,558 |
| Richards GeoffreySee Remarks | 39,5981,600 held indirectly |
| Hoag Erik DChief Financial Officer | 15,883 |
| Robin-Caplan AmandineSee remarks | 6,645 |
Questions about TNL
What does Travel & Leisure Co. do?
Travel & Leisure Co. is a company in the Consumer discretionary sector, listed on NYSE as TNL. Its shares trade on NYSE under the ticker TNL.
What is Travel & Leisure Co.'s net worth?
Travel & Leisure Co. has a market value (market cap) of $4.9B at the latest share price, and shareholders' equity of -$1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Travel & Leisure Co. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $234M on revenue of $4.2B, a net margin of 5.6%.
How much revenue does Travel & Leisure Co. make?
Over the twelve months to September 30, 2026 Travel & Leisure Co. reported revenue of $4.2B. That is 4.6% more than a year earlier.
When did Travel & Leisure Co. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 27, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the investor disclosure from November 9, 2026.
When is Travel & Leisure Co.'s next earnings report?
Travel & Leisure Co.'s next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Travel & Leisure Co. pay a dividend?
Yes. Travel & Leisure Co. paid dividends of $2.24 per share in fiscal 2025, a yield of 2.79% at the current price.
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Where the numbers come from
Financial figures are the values Travel & Leisure Co. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.