Skip to content

Travel + Leisure TNL Exchange-related revenue — Managed property owner's association

Similar metrics at other companies

Rocket Companies logo
RKTReal Estate Exchange Revenue — Revenue
$15M
Intercontinental Exchange logo
ICEExchanges — Revenues, less transaction-based expenses:
$1.78B+30.3%
Erie Indemnity Company logo
ERIEManagement fee revenue — Total operating revenue
$805.87M+4.3%
Hilton Grand Vacations logo
HGVResort management — Revenue
$115M+3.6%
Erie Indemnity Company logo
ERIEManagement fee revenue - administrative services — Total operating revenue
$19.48M+10.4%
Erie Indemnity Company logo
ERIEManagement fee revenue - policy issuance and renewal services — Total operating revenue
$786.4M+4.2%

Other financials

Income statement

See full
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

See full
Market cap$4.79B+39.8%

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 tnl:ManagedPropertyOwnersAssociation.

The official record: Travel + Leisure’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

Ask your AI about Travel + Leisure's exchange-related revenue — managed property owner's association.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Travel + Leisure's exchange-related revenue — managed property owner's association?
Travel + Leisure (TNL) reported exchange-related revenue — managed property owner's association of 0.3 in Q4 2025.
How has Travel + Leisure's exchange-related revenue — managed property owner's association changed year-over-year?
Travel + Leisure's exchange-related revenue — managed property owner's association decreased by 0.0% year-over-year, from 0.3 to 0.3.
What is the long-term trend for Travel + Leisure's exchange-related revenue — managed property owner's association?
Over 3 years (2022 to 2025), Travel + Leisure's exchange-related revenue — managed property owner's association has grown at a 0.0% compound annual growth rate (CAGR), from 1 to 1.
What does exchange-related revenue — managed property owner's association mean?
Reflects the revenue generated from providing management and administrative services to property owner associations within the exchange network. This stream represents recurring service-based income derived from the oversight and maintenance of vacation properties. It highlights the company's role in operational stewardship and its ability to generate stable, fee-based cash flows from managed assets.