Connect your AI

Travel + Leisure TNL Travel and Membership — Fee-for-Service expenses

Similar metrics at other companies

AXPFinancial Service, Other — Travel commissions and fees

$150M+10.3%

WEXService fees

$24.2M-5.8%

GBTGCost of revenue (excluding depreciation and amortization shown separately below)

$350M+51.5%

FHITravel And Entertainment Expense

$3.85M+8.4%

EVRInvestment Management — Travel and Related Expenses

$264K+27.5%

BGCFees to related parties

$8.07M-3.3%

Other financials

Income statement

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

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

Operating cash flow$38.0M-68.6%

CapEx$19.0M-9.5%

Free cash flow$19.0M-81.0%

Valuation

Market cap$4.79B+39.8%

Profitability

Gross margin93%-4.9pp

Operating margin14.3%-4.8pp

Net margin10.4%-0.6pp

FCF margin10.9%-0.7pp

Returns & leverage

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 wyn:FeeForServiceCommissions.

The official record: Travel + Leisure’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

Ask your AI about Travel + Leisure's travel and membership — fee-for-service expenses.

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

Connect your AI

Harbor at dusk

Questions, answered.

What is Travel + Leisure's travel and membership — fee-for-service expenses?: Travel + Leisure (TNL) reported travel and membership — fee-for-service expenses of $0 in Q1 2026.
What does travel and membership — fee-for-service expenses mean?: These are the operational costs incurred to provide fee-based services to members or third-party partners within the travel and membership segment. This metric captures the variable expenses tied to service delivery rather than asset ownership. It is a key indicator of the cost structure required to maintain service-based revenue streams.