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Travel + Leisure TNL Non-US — Net long-lived assets

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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

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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

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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

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Gross margin93%-4.9pp
Operating margin14.3%-4.8pp
Net margin10.4%-0.6pp
FCF margin10.9%-0.7pp

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:NoncurrentAssets.

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

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Questions, answered.

What is Travel + Leisure's non-us — net long-lived assets?
Travel + Leisure (TNL) reported non-us — net long-lived assets of $265M in Q4 2025.
What does non-us — net long-lived assets mean?
This metric measures the total book value of tangible and intangible long-term assets held by the company within the specified international geographic segment, net of accumulated depreciation and amortization. It reflects the scale of the company's physical and operational footprint in foreign markets, including resort properties and regional infrastructure. Analyzing this figure provides insight into the capital intensity and asset allocation strategy required to support international business activities.