# Travel & Leisure Co.: financial statements, quarterly

TNL · NYSE · CIK 1361658 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/tnl.md) · [Financials](/companies/tnl/financials.md) · [Filings](/companies/tnl/filings.md) · [Insiders](/companies/tnl/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/tnl/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [986](/filings/0001361658-24-000179.md) | [936 d](/filings/0001361658-26-000009.md) | [916](/filings/0001361658-25-000185.md) | [985](/filings/0001361658-25-000258.md) | [993](/filings/0001361658-25-000315.md) | [971 d](/filings/0001361658-26-000009.md) | [934](/filings/0001361658-26-000027.md) | [1,018](/filings/0001361658-26-000053.md) | [1,044](/filings/0001361658-25-000315.md) | [1,025 d](/filings/0001361658-26-000009.md) | [961](/filings/0001361658-26-000027.md) | [1,063](/filings/0001361658-26-000053.md) |
| Cost of revenue | $m | [43.0](/filings/0001361658-24-000179.md) | [26.0 d](/filings/0001361658-26-000009.md) | [34.0](/filings/0001361658-25-000185.md) | [21.0](/filings/0001361658-25-000258.md) | [27.0](/filings/0001361658-25-000315.md) | [10.0 d](/filings/0001361658-26-000009.md) | [23.0](/filings/0001361658-26-000027.md) | [21.0](/filings/0001361658-26-000053.md) | [13.0](/filings/0001361658-25-000315.md) | [215 d](/filings/0001361658-26-000009.md) | [35.0](/filings/0001361658-26-000027.md) | [29.0](/filings/0001361658-26-000053.md) |
| Operating income | $m | [207](/filings/0001361658-24-000179.md) | [191 d](/filings/0001361658-26-000009.md) | [150](/filings/0001361658-25-000185.md) | [189](/filings/0001361658-25-000258.md) | [189](/filings/0001361658-25-000315.md) | [206 d](/filings/0001361658-26-000009.md) | [156](/filings/0001361658-26-000027.md) | [206](/filings/0001361658-26-000053.md) | [214](/filings/0001361658-25-000315.md) | [(23.0) d](/filings/0001361658-26-000009.md) | [159](/filings/0001361658-26-000027.md) | [210](/filings/0001361658-26-000053.md) |
| Interest expense | $m | [64.0](/filings/0001361658-23-000239.md) | [68.0 d](/filings/0001361658-24-000007.md) | [64.0](/filings/0001361658-24-000118.md) | [63.0](/filings/0001361658-24-000145.md) | [63.0](/filings/0001361658-24-000179.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [38.0](/filings/0001361658-24-000179.md) | [(2.0) d](/filings/0001361658-26-000009.md) | [26.0](/filings/0001361658-25-000185.md) | [36.0](/filings/0001361658-25-000258.md) | [33.0](/filings/0001361658-25-000315.md) | [39.0 d](/filings/0001361658-26-000009.md) | [28.0](/filings/0001361658-26-000027.md) | [44.0](/filings/0001361658-26-000053.md) | [47.0](/filings/0001361658-25-000315.md) | [(12.0) d](/filings/0001361658-26-000009.md) | [29.0](/filings/0001361658-26-000027.md) | [46.0](/filings/0001361658-26-000053.md) |
| Net income | $m | [110](/filings/0001361658-24-000179.md) | [129 d](/filings/0001361658-26-000009.md) | [66.0](/filings/0001361658-25-000185.md) | [129](/filings/0001361658-25-000258.md) | [97.0](/filings/0001361658-25-000315.md) | [119 d](/filings/0001361658-26-000009.md) | [73.0](/filings/0001361658-26-000027.md) | [108](/filings/0001361658-26-000053.md) | [111](/filings/0001361658-25-000315.md) | [(61.0) d](/filings/0001361658-26-000009.md) | [79.0](/filings/0001361658-26-000027.md) | [109](/filings/0001361658-26-000053.md) |
| Diluted EPS | $ per share | [1.49](/filings/0001361658-24-000179.md) | not reported | [0.92](/filings/0001361658-25-000185.md) | [1.81](/filings/0001361658-25-000258.md) | [1.39](/filings/0001361658-25-000315.md) | not reported | [1.07](/filings/0001361658-26-000027.md) | [1.62](/filings/0001361658-26-000053.md) | [1.67](/filings/0001361658-25-000315.md) | not reported | [1.22](/filings/0001361658-26-000027.md) | [1.72](/filings/0001361658-26-000053.md) |
| Basic EPS | $ per share | [1.50](/filings/0001361658-24-000179.md) | not reported | [0.93](/filings/0001361658-25-000185.md) | [1.82](/filings/0001361658-25-000258.md) | [1.40](/filings/0001361658-25-000315.md) | not reported | [1.09](/filings/0001361658-26-000027.md) | [1.63](/filings/0001361658-26-000053.md) | [1.70](/filings/0001361658-25-000315.md) | not reported | [1.25](/filings/0001361658-26-000027.md) | [1.75](/filings/0001361658-26-000053.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [238](/filings/0001361658-24-000179.md) | [282](/filings/0001361658-26-000009.md) | [479](/filings/0001361658-25-000185.md) | [166](/filings/0001361658-25-000258.md) | [194](/filings/0001361658-25-000315.md) | [167](/filings/0001361658-26-000009.md) | [188](/filings/0001361658-26-000027.md) | [212](/filings/0001361658-26-000053.md) | [240](/filings/0001361658-25-000315.md) | [253](/filings/0001361658-26-000009.md) | [254](/filings/0001361658-26-000027.md) | [282](/filings/0001361658-26-000053.md) |
| Current assets | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Total assets | $m | [6,655](/filings/0001361658-23-000239.md) | [6,738](/filings/0001361658-25-000012.md) | [7,023](/filings/0001361658-24-000118.md) | [6,693](/filings/0001361658-24-000145.md) | [6,698](/filings/0001361658-24-000179.md) | [6,735](/filings/0001361658-26-000009.md) | [6,764](/filings/0001361658-25-000185.md) | [6,809](/filings/0001361658-25-000258.md) | [6,892](/filings/0001361658-25-000315.md) | [6,760](/filings/0001361658-26-000053.md) | [6,840](/filings/0001361658-26-000027.md) | [6,896](/filings/0001361658-26-000053.md) |
| Current liabilities | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Total liabilities | $m | [7,652](/filings/0001361658-23-000239.md) | [7,655](/filings/0001361658-25-000012.md) | [7,948](/filings/0001361658-24-000118.md) | [7,577](/filings/0001361658-24-000145.md) | [7,559](/filings/0001361658-24-000179.md) | [7,615](/filings/0001361658-26-000009.md) | [7,667](/filings/0001361658-25-000185.md) | [7,662](/filings/0001361658-25-000258.md) | [7,713](/filings/0001361658-25-000315.md) | [7,742](/filings/0001361658-26-000053.md) | [7,863](/filings/0001361658-26-000027.md) | [7,916](/filings/0001361658-26-000053.md) |
| Long-term debt | $m | [5,622](/filings/0001361658-23-000239.md) | [5,646](/filings/0001361658-24-000007.md) | [5,924](/filings/0001361658-24-000118.md) | [5,577](/filings/0001361658-24-000145.md) | [5,577](/filings/0001361658-24-000179.md) | [5,591](/filings/0001361658-25-000012.md) | [5,658](/filings/0001361658-25-000185.md) | [5,587](/filings/0001361658-25-000258.md) | [5,578](/filings/0001361658-25-000315.md) | [5,598](/filings/0001361658-26-000009.md) | [5,754](/filings/0001361658-26-000027.md) | [5,710](/filings/0001361658-26-000053.md) |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Short-term borrowings | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Shareholders' equity | $m | [(1,008)](/filings/0001361658-23-000239.md) | [(918)](/filings/0001361658-25-000012.md) | [(926)](/filings/0001361658-24-000118.md) | [(885)](/filings/0001361658-24-000145.md) | [(862)](/filings/0001361658-24-000179.md) | [(881)](/filings/0001361658-26-000009.md) | [(903)](/filings/0001361658-25-000185.md) | [(852)](/filings/0001361658-25-000258.md) | [(821)](/filings/0001361658-25-000315.md) | [(981)](/filings/0001361658-26-000053.md) | [(1,022)](/filings/0001361658-26-000027.md) | [(1,019)](/filings/0001361658-26-000053.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: not reported
- Total assets: us-gaap:Assets
- Current liabilities: not reported
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Current portion of debt: not reported
- Short-term borrowings: not reported
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [88.0 d](/filings/0001361658-24-000179.md) | [152 d](/filings/0001361658-26-000009.md) | [47.0](/filings/0001361658-25-000185.md) | [174 d](/filings/0001361658-25-000258.md) | [145 d](/filings/0001361658-25-000315.md) | [98.0 d](/filings/0001361658-26-000009.md) | [121](/filings/0001361658-26-000027.md) | [232 d](/filings/0001361658-26-000053.md) | [163 d](/filings/0001361658-25-000315.md) | [124 d](/filings/0001361658-26-000009.md) | [38.0](/filings/0001361658-26-000027.md) | [220 d](/filings/0001361658-26-000053.md) |
| Capital expenditure | $m | [14.0 d](/filings/0001361658-24-000179.md) | [32.0 d](/filings/0001361658-26-000009.md) | [17.0](/filings/0001361658-25-000185.md) | [21.0 d](/filings/0001361658-25-000258.md) | [20.0 d](/filings/0001361658-25-000315.md) | [23.0 d](/filings/0001361658-26-000009.md) | [21.0](/filings/0001361658-26-000027.md) | [37.0 d](/filings/0001361658-26-000053.md) | [27.0 d](/filings/0001361658-25-000315.md) | [32.0 d](/filings/0001361658-26-000009.md) | [19.0](/filings/0001361658-26-000027.md) | [25.0 d](/filings/0001361658-26-000053.md) |
| Dividends paid | $m | [33.0](/filings/0001361658-24-000179.md) | [32.0 d](/filings/0001361658-26-000009.md) | [38.0](/filings/0001361658-25-000185.md) | [35.0](/filings/0001361658-25-000258.md) | [35.0](/filings/0001361658-25-000315.md) | [34.0 d](/filings/0001361658-26-000009.md) | [41.0](/filings/0001361658-26-000027.md) | [37.0](/filings/0001361658-26-000053.md) | [36.0](/filings/0001361658-25-000315.md) | [35.0 d](/filings/0001361658-26-000009.md) | [41.0](/filings/0001361658-26-000027.md) | [37.0](/filings/0001361658-26-000053.md) |
| Share repurchases | $m | [67.0 d](/filings/0001361658-24-000179.md) | [40.0 d](/filings/0001361658-26-000009.md) | [25.0](/filings/0001361658-25-000185.md) | [69.0 d](/filings/0001361658-25-000258.md) | [68.0 d](/filings/0001361658-25-000315.md) | [72.0 d](/filings/0001361658-26-000009.md) | [70.0](/filings/0001361658-26-000027.md) | [70.0 d](/filings/0001361658-26-000053.md) | [71.0 d](/filings/0001361658-25-000315.md) | [90.0 d](/filings/0001361658-26-000009.md) | [87.0](/filings/0001361658-26-000027.md) | [88.0 d](/filings/0001361658-26-000053.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [83.6](/filings/0001361658-23-000239.md) | [78.3](/filings/0001361658-24-000118.md) | [75.5](/filings/0001361658-24-000145.md) | [73.6](/filings/0001361658-24-000179.md) | [72.0](/filings/0001361658-25-000185.md) | [71.0](/filings/0001361658-25-000258.md) | [70.2](/filings/0001361658-25-000315.md) | [68.2](/filings/0001361658-26-000027.md) | [66.5](/filings/0001361658-26-000053.md) | [66.1](/filings/0001361658-25-000315.md) | [64.4](/filings/0001361658-26-000027.md) | [63.4](/filings/0001361658-26-000053.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 61,204,232 at 2026-06-30, from the cover of the [10-Q filed 2026-07-22](/filings/0001361658-26-000053.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:37 ET. No prices; not investment advice.