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Travel + Leisure TNL Q3 2024 earnings

Reported October 23, 2024 · Before market open

Revenue$993.0MBeat by $31.9M
EPS$1.57Beat by $0.08
Revenue estimate$961.1M
EPS estimate$1.49

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$1.1B
EPS estimate$2.07

Financials

Q3 2024

Income statement

See full
Revenue$993.0M+0.7%
Gross profit$966.0M+2.4%
Operating income$189.0M-8.7%
Net income$97.0M-11.8%
EPS (diluted)$1.39-6.7%

Balance sheet

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Cash & equivalents$349.0M-11.0%
Total debt$4.2B-4.6%
Total equity-$862.0M+14.5%
Total assets$6.7B+0.6%

Cash flow

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Operating cash flow$145.0M+64.8%
CapEx$20.0M+42.9%
Free cash flow$125.0M+68.9%

Valuation & ratios

Valuation

as of 09/30/24
See full
Market cap$3.26B+21.2%
Enterprise value$7.08B+6.2%
P/E7.7×+0.2×
P/S0.9×+0.1×

Profitability

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Gross margin97.2%+0.9pp
Operating margin18.8%+0.2pp
Net margin11%+1.3pp
FCF margin11.2%+2.7pp

Segments

By product

See full
Vacation ownership interest sales$455.0M+5.1%
Property management fees and reimbursable revenues$216.0M
Transaction revenues$116.0M
Consumer financing$114.0M+6.5%
Deferred subscription revenue$44.0M-4.3%

By segment

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Vacation Ownership$825.0M
Travel and Membership$168.0M

By geography

See full
UNITED STATES$851.0M+2.5%

Versus estimates

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Questions, answered.

When did Travel + Leisure report Q3 2024 earnings?
Travel + Leisure (TNL) reported Q3 2024 earnings on October 23, 2024 before market open.
What were Travel + Leisure's Q3 2024 revenue and EPS?
Travel + Leisure reported revenue of $993.0M and eps of $1.57 for Q3 2024.
Did Travel + Leisure beat estimates in Q3 2024?
Revenue beat the consensus estimate of $961.1M by $31.9M. EPS beat the consensus estimate of $1.49 by $0.08.
Where can I find Travel + Leisure's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0001361658-24-000179) directly on SEC EDGAR. The filing index links above go to sec.gov.