TNL Stock - Travel + Leisure Co.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $3.86B | $3.75B | $3.57B | $3.13B | $2.16B |
| Gross Profit | $1.89B | $1.82B | $1.73B | $1.57B | $932.00M |
| Gross Margin | 49.0% | 48.6% | 48.4% | 50.1% | 43.1% |
| Operating Income | $733.00M | $720.00M | $653.00M | $618.00M | $-105,000,000 |
| Net Income | $411.00M | $396.00M | $357.00M | $308.00M | $-253,000,000 |
| Net Margin | 10.6% | 10.6% | 10.0% | 9.8% | -11.7% |
| EPS | $5.39 | $5.32 | $4.27 | $3.62 | $-2.94 |
Travel + Leisure Co., together with its subsidiaries, provides hospitality services and products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts. The Travel and Membership segment operates various businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. As of January 26, 2022, it had approximately 245 vacation ownership resorts. It also offers private-label travel booking technology solutions. The company was formerly known as Wyndham Destinations, Inc. and changed its name to Travel + Leisure Co. in February 2021. Travel + Leisure Co. was founded in 1990 and is headquartered in Orlando, Florida.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 17th 2025 | Barclays | Upgrade | Equal Weight | $70 |
| November 18th 2025 | Wells Fargo | Initiation | Overweight | $74 |
| July 24th 2025 | Mizuho | Upgrade | Outperform | $72 |
| January 27th 2025 | BofA Securities | Upgrade | Buy | $60← $40 |
| January 6th 2025 | Morgan Stanley | Initiation | Overweight | $67 |
| September 26th 2024 | Barclays | Downgrade | Underweight | $40← $46 |
| September 18th 2024 | Goldman | Initiation | Neutral | $44 |
| March 26th 2024 | Mizuho | Initiation | Neutral | $55 |
| February 13th 2024 | JMP Securities | Initiation | Mkt Outperform | $50 |
| January 2nd 2024 | Jefferies | Upgrade | Buy | $57← $37 |
| August 24th 2023 | Tigress Financial | Initiation | Buy | $52 |
| April 17th 2023 | BofA Securities | Initiation | Underperform | $42 |
| February 3rd 2023 | Jefferies | Downgrade | Hold | $49← $71 |
| October 28th 2022 | Credit Suisse | Downgrade | Underperform | $31← $77 |
| June 29th 2022 | Barclays | Initiation | Equal Weight | $39 |
Earnings History & Surprises
TNLEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Feb 18, 2026 | $1.83 | — | — | — |
Q4 2025 | Oct 22, 2025 | $1.72 | $1.80 | +4.7% | ✓ BEAT |
Q3 2025 | Jul 23, 2025 | $1.66 | $1.65 | -0.6% | ✗ MISS |
Q2 2025 | Apr 23, 2025 | $1.10 | $1.11 | +0.9% | ✓ BEAT |
Q1 2025 | Feb 19, 2025 | $1.68 | $1.72 | +2.4% | ✓ BEAT |
Q4 2024 | Oct 23, 2024 | $1.49 | $1.57 | +5.4% | ✓ BEAT |
Q3 2024 | Jul 24, 2024 | $1.40 | $1.52 | +8.6% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $0.86 | $0.97 | +12.8% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $1.38 | $1.98 | +43.5% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $1.46 | $1.54 | +5.5% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $1.33 | $1.33 | 0.0% | = MET |
Q2 2023 | Apr 26, 2023 | $0.78 | $0.89 | +14.1% | ✓ BEAT |
Q1 2023 | Feb 22, 2023 | $1.22 | $1.30 | +6.6% | ✓ BEAT |
Q4 2022 | Oct 27, 2022 | $1.30 | $1.28 | -1.5% | ✗ MISS |
Q3 2022 | Jul 28, 2022 | $1.19 | $1.27 | +6.7% | ✓ BEAT |
Q2 2022 | Apr 28, 2022 | $0.72 | $0.69 | -4.2% | ✗ MISS |
Q1 2022 | Feb 23, 2022 | $0.96 | $1.19 | +24.0% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $1.03 | $1.19 | +15.5% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.74 | $0.88 | +18.9% | ✓ BEAT |
Latest News
Shares of travel companies are trading higher ahead of the Thanksgiving holiday. Estimates indicate that the travel period may be the busiest in 15 years.
📈 PositiveWells Fargo Initiates Coverage On Travel+Leisure with Overweight Rating, Announces Price Target of $74
📈 PositiveTruist Securities Maintains Buy on Travel+Leisure, Raises Price Target to $71
📈 PositiveJMP Securities Maintains Market Outperform on Travel+Leisure, Raises Price Target to $80
📈 PositiveGoldman Sachs Maintains Neutral on Travel+Leisure, Raises Price Target to $71
➖ NeutralTravel Leisure shares are trading higher after the company reported better-than-expected Q3 financial results.
📈 PositiveTravel+Leisure Q3 Adj. EPS $1.80 Beats $1.72 Estimate, Sales $1.044B Beat $1.034B Estimate
📈 PositiveShares of travel and leisure stocks are trading lower amid overall market weakness after President Trump, on a social media post, said that he is considering an increase in tariffs on Chinese products.
📉 NegativeFrequently Asked Questions about TNL
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