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Travel + Leisure TNL Stock-Based Comp

Stock-Based Comp at other companies

Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
$114M+8.6%
Marriott Vacations Worldwide logo
Marriott Vacations WorldwideVAC
$12M0.0%
Airbnb logo
AirbnbABNB
$487M+14.9%
Hilton Grand Vacations logo
Hilton Grand VacationsHGV
$11M-8.3%
Walt Disney logo
Walt DisneyDIS
$423M+18.5%
RLJ Lodging Trust logo
RLJ Lodging TrustRLJ
$4.04M+40.0%

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:ShareBasedCompensation.

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 itemSix Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses241219
Depreciation and amortization6461
Stock-based compensation2826
Inventory write-downs and impairments25
Deferred income taxes2423
Non-cash interest1212
Non-cash lease expense67

Item 1. Financial Statements (Unaudited).

FAQ

What is Travel + Leisure's stock-based comp?
Travel + Leisure (TNL) reported stock-based comp of $15M in Q2 2026.
How has Travel + Leisure's stock-based comp changed year-over-year?
Travel + Leisure's stock-based comp increased by 25.0% year-over-year, from $12M to $15M.
What is the long-term trend for Travel + Leisure's stock-based comp?
Over 4 years (2021 to 2025), Travel + Leisure's stock-based comp has grown at a 15.5% compound annual growth rate (CAGR), from $32M to $57M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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