TNL · XBRL financial data

Travel & Leisure financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TNL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	2,160	3,134	3,567	3,750	3,864	4,021
Revenue from contracts with customers	2,160	3,134	3,567	3,750	3,864	4,021
Cost of goods and services sold	2	157	157	133	92	273
General and administrative	398	434	479	454	475	498
Other operating income (expense)	14	6	22	3	—	—
Operating income (loss)	(105)	618	653	720	733	553
Interest income	7	3	6	13	—	—
Interest expense	192	198	195	251	249	232
Other income (expense)	—	—	22	3	15	7
Income tax expense (benefit)	(23)	116	130	94	135	107
Net income (loss)	(255)	308	357	396	411	230
Earnings per share, basic USD per share	(2.97)	3.56	4.28	5.31	5.87	3.51
Earnings per share, diluted USD per share	(2.97)	3.52	4.24	5.28	5.82	3.44
Weighted average shares, basic millions of shares	86	87	83	75	70	66
Weighted average shares, diluted millions of shares	86	87	84	75	71	67

Fiscal years (TNL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,196	369	550	282	167	253
Short-term investments	26	21	18	19	18	18
Inventory	1,347	1,216	1,193	1,135	1,227	1,128
Property and equipment, net	666	689	658	655	591	531
Right-of-use asset	92	79	62	46	47	85
Goodwill	964	961	955	962	966	972
Total assets	7,613	6,588	6,757	6,738	6,735	6,760
Total deposits	—	—	7	17	31	42
Total liabilities	8,581	7,382	7,661	7,655	7,615	7,742
Retained earnings	1,390	1,587	1,808	2,067	2,334	2,412
Total stockholders' equity	(975)	(801)	(913)	(918)	(881)	(981)
Total liabilities and equity	7,613	6,588	6,757	6,738	6,735	6,760
Common shares outstanding (cover page) millions of shares	86	86	78	71	67	62

Fiscal years (TNL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(255)	308	357	396	411	230
Stock-based compensation	20	32	45	38	41	57
Depreciation and amortization	126	124	119	112	115	124
Net cash from operating activities	374	568	442	350	464	640
Purchases of property and equipment	69	57	52	74	81	117
Net cash from investing activities	(65)	(93)	(50)	(80)	(124)	(107)
Proceeds from issuing common stock	7	11	10	9	15	34
Share repurchases	128	25	351	309	234	301
Dividends paid	138	109	135	136	142	149
Net cash from financing activities	502	(1,288)	(196)	(500)	(458)	(443)
Net change in cash	815	(820)	191	(230)	(129)	97

SIC 7011 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7011 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Travel & Leisure	306	1,101	130*	60.3M	—	Q3 FY26 10-QSep 30, 2026
Choice Hotels International	171	458	55*	44.5M	—	Q3 FY26 10-QSep 30, 2026
Red Rock Resorts	128	489	131*	not reported	—	Q3 FY26 10-QSep 30, 2026
Boyd Gaming	297	990	203*	70.7M	—	Q3 FY26 10-QSep 30, 2026
PENN Entertainment	887	not reported	241*	134.1M	—	Q2 FY26 10-QJun 30, 2026
Park Hotels & Resorts	264	680	141*	201.3M	—	Q2 FY26 10-QJun 30, 2026
Caesars Entertainment	864	2,940	267*	203.8M	—	Q3 FY26 10-QSep 30, 2026
Hyatt Hotels	454	1,743	(135)*	not reported	28.6 quarters	Q3 FY26 10-QSep 30, 2026
MGM Resorts International	2,396	4,212	532*	253.0M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.