What is Travel + Leisure's PP&E (net)?

Travel + Leisure (TNL) reported PP&E (net) of $523M in Q1 2026.

How has Travel + Leisure's PP&E (net) changed year-over-year?

Travel + Leisure's PP&E (net) decreased by 10.9% year-over-year, from $587M to $523M.

What is the long-term trend for Travel + Leisure's PP&E (net)?

Over 5 years (2020 to 2025), Travel + Leisure's PP&E (net) has grown at a -4.4% compound annual growth rate (CAGR), from $666M to $531M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Travel + Leisure TNL PP&E (Net)

PP&E (Net) at other companies

Expedia Group, Inc.EXPE

$2.43B+0.3%

Walt DisneyDIS

$44.26B+10.1%

Vail ResortsMTN

$2.37B-0.5%

Hyatt HotelsH

$1.57B-8.0%

Wyndham Hotels & Resorts, Inc.WH

$138M+45.3%

Hilton WorldwideHLT

$665M+58.3%

Segments

By geography

See full

UNITED STATES$1.58B—

Other financials

Income statement

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Revenue$961.0M+2.9%

Gross profit$926.0M+1.6%

Operating income$159.0M+1.9%

Net income$79.0M+8.2%

EPS (diluted)$1.22+14.0%

Balance sheet

See full

Cash & equivalents$456.0M+24.3%

Total debt$4.7B+11.9%

Total equity-$1.0B-13.2%

Total assets$6.8B+1.1%

Cash flow

See full

Operating cash flow$38.0M-68.6%

CapEx$19.0M-9.5%

Free cash flow$19.0M-81.0%

Valuation

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Market cap$4.79B+39.8%

Enterprise value$9.04B+23.7%

P/E12.9×+2.3×

P/S1.2×+0.3×

Profitability

See full

Gross margin93%-4.9pp

Operating margin14.3%-4.8pp

Net margin10.4%-0.6pp

FCF margin10.9%-0.7pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

The official record: Travel + Leisure’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Travel + Leisure's PP&E (net)?: Travel + Leisure (TNL) reported PP&E (net) of $523M in Q1 2026.
How has Travel + Leisure's PP&E (net) changed year-over-year?: Travel + Leisure's PP&E (net) decreased by 10.9% year-over-year, from $587M to $523M.
What is the long-term trend for Travel + Leisure's PP&E (net)?: Over 5 years (2020 to 2025), Travel + Leisure's PP&E (net) has grown at a -4.4% compound annual growth rate (CAGR), from $666M to $531M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.