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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$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:NoncurrentAssets.

The source filing: Travel + Leisure’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 10:08 AM EST
Fiscal year
FY2025
Accession
0001361658-26-000009
Line itemNet Revenues / Year Ended December 31, 2025Net Revenues / Year Ended December 31, 2024Net Revenues / Year Ended December 31, 2023Net Long-lived Assets / As of December 31, 2025Net Long-lived Assets / As of December 31, 2024
United States$3,545$3,404$3,320$1,439$1,508
All other countries476460430265258
Total$4,021$3,864$3,750$1,704$1,766

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

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.

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