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Travel + Leisure TNL Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
$269M-15.1%
Hilton Grand Vacations logo
Hilton Grand VacationsHGV
$69M-18.8%
RLJ Lodging Trust logo
RLJ Lodging TrustRLJ
$122.79M-2.4%
Hyatt Hotels logo
Hyatt HotelsH
$310M-9.9%
Camping World Holdings logo
Camping World HoldingsCWH
$797.6M+6.5%
Vail Resorts logo
Vail ResortsMTN
$231.5M-7.1%

Other financials

Income statement

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Revenue$1.1B+4.4%
Gross profit$1.0B+3.7%
Operating income$210.0M+1.9%
Net income$109.0M+0.9%
EPS (diluted)$1.72+6.2%

Balance sheet

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Cash & equivalents$471.0M+21.7%
Total debt$4.5B+4.4%
Total equity-$1.0B-19.6%
Total assets$6.9B+1.3%

Cash flow

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Operating cash flow$220.0M-5.2%
CapEx$25.0M-32.4%
Free cash flow$195.0M0.0%

Valuation

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Market cap$4.74B+22.5%
Enterprise value$8.78B+12.5%
P/E11.6×+2.1×
P/S1.2×+0.2×

Profitability

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Gross margin92.9%-5.1pp
Operating margin14.2%-5.1pp
Net margin10.4%-0.6pp
FCF margin10.8%-1.8pp

Returns & leverage

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Return on equity122.1%
Debt / equity6.6×
Current ratio1.2×

Where this comes from

Reported directly by Travel + Leisure in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent.

The source filing: Travel + Leisure’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 11:22 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001361658-26-000053
Line itemBalance Sheet ClassificationJune 30,2026December 31, 2025
Finance lease assets (a)Property and equipment, net$24$19
Finance lease liabilitiesDebt$23$18
Weighted average remaining lease term:
Operating leases9.0 years9.6 years
Finance leases3.1 years2.4 years
Weighted average discount rate:
Operating leases (b)6.3%6.3%
Finance leases6.0%6.1%

Item 1. Financial Statements (Unaudited).

FAQ

What is Travel + Leisure's operating lease ROU assets?
Travel + Leisure (TNL) reported operating lease ROU assets of 6.3% in Q2 2026.
How has Travel + Leisure's operating lease ROU assets changed year-over-year?
Travel + Leisure's operating lease ROU assets increased by 1.6% year-over-year, from 6.2% to 6.3%.
What is the long-term trend for Travel + Leisure's operating lease ROU assets?
Over 5 years (2020 to 2025), Travel + Leisure's operating lease ROU assets has grown at a 1.3% compound annual growth rate (CAGR), from 5.9% to 6.3%.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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