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Travel + Leisure TNL Travel and Membership — Consumer financing interest

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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:FinancingInterestExpense.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Operating457457898902
Marketing172152314276
General and administrative130116253236
Consumer financing interest33346568
Depreciation and amortization32316461
Cost of vacation ownership interests29216345
Restructuring(2)
Asset impairments, net11

Item 1. Financial Statements (Unaudited).

FAQ

What is Travel + Leisure's travel and membership — consumer financing interest?
Travel + Leisure (TNL) reported travel and membership — consumer financing interest of $0 in Q2 2026.
What does travel and membership — consumer financing interest mean?
Interest income or expense related to the financing provided to consumers for the purchase of travel products or memberships. This metric highlights the impact of credit-based sales models on the segment's financial performance. It provides insight into the risk profile and profitability of the company's consumer lending activities.

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