10x Insights
Loading account…
Companies / Consumer Discretionary / Travel & Leisure Co.
TNL

Travel & Leisure Co.

Consumer DiscretionaryServices
Ticker TNLORLANDO, FLFiscal year ends DecemberBook value per share $-15.92Diluted shares 64.0M

Travel + Leisure Co. (NYSE: TNL) operates as a leading leisure travel company providing vacation experiences and travel inspiration to millions of owners, members, and subscribers worldwide. The company maintains its corporate headquarters and operates through two primary reportable segments: Vacation Ownership and… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.02B
+4.1% year over year
Last 12 mo $4.09B
13.75%
−5.2 percentage points
Last 12 mo 13.68%
$230.00M
−44.0% year over year
Last 12 mo $237.00M
-25.64%
+22.7 percentage points
Last 12 mo -23.26%
Cash & financing
$640.00M
+37.9% year over year
Last 12 mo $545.00M
$523.00M
+36.6% year over year
Last 12 mo $442.00M
-5.71
Was -6.35× a year earlier
Last 12 mo -5.60
66.9M
−5.4% year over year
Last 12 mo 64.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Travel & Leisure Co. does

In the company’s own words

Travel + Leisure Co. (NYSE: TNL) operates as a leading leisure travel company providing vacation experiences and travel inspiration to millions of owners, members, and subscribers worldwide. The company maintains its corporate headquarters and operates through two primary reportable segments: Vacation Ownership and Travel and Membership.

The Vacation Ownership segment represents the world's largest vacation ownership business by number of owners and resorts, serving 797,000 owner families across more than 280 vacation club resort locations. The company develops and acquires vacation ownership resorts, markets and sells vacation ownership interests, provides consumer financing for the majority of sales, and delivers property management services. Its vacation ownership brands include Club Wyndham, WorldMark, Margaritaville Vacation Club, Sports Illustrated Resorts, Eddie Bauer Adventure Club, and Accor Vacation Club. This segment generated 46 percent of total revenues from vacation ownership sales, with additional revenue from consumer financing and property management fees.

The Travel and Membership segment comprises Exchange and Travel Club business lines, generating 40 percent of revenues from fee-for-service streams and 3 percent from other ancillary services. RCI operates as the world's largest vacation exchange network with 3.3 million paid member families and relationships with 3,600 affiliated resorts across 101 countries. The Travel Club business line offers tailored travel products and services through Travel + Leisure GO, RCI, and Travel + Leisure For Business, a business-to-business private-label solution for associations and organizations.

The company employs approximately 19,300 associates globally, with 4,800 working outside the United States. Travel + Leisure Co. derives 88 percent of revenues domestically and 12 percent internationally. The company traces its corporate history to Hospitality Franchise Systems formation in 1990, with subsequent mergers and strategic transactions including the 2018 spin-off of Wyndham Hotels & Resorts and the 2021 acquisition of the Travel + Leisure brand. The company maintains exclusive license agreements and marketing arrangements with leading leisure and hospitality brands, leveraging relationships with Wyndham Hotels, which operates approximately 8,300 properties globally. Additional information is available at travelandleisureco.com.

Company details
Sector
Consumer Discretionary
Industry
Services
Headquarters
ORLANDO, FL
Fiscal year end
December
CIK
1361658
SIC
7011

Financial performance, year by year

Fiscal 2013–2025 · USD
$-834.10M$903.20M$2.64B$4.38B$6.12B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Travel & Leisure Co. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

391
funds hold it
0 of 35
superinvestors hold it
$1.84B
held by funds, at market
41.4%
of shares held by funds

Largest fund holders · Travel & Leisure Co.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.13%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD EQUITY INCOME FUND
VEIPX · VANGUARD FENWAY FUNDS
0.21%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.10%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Travel & Leisure Co. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Travel & Leisure Co.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Travel & Leisure Co.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.