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Travel + Leisure TNL UNITED STATES — 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 UNITED STATES — net long-lived assets?
Travel + Leisure (TNL) reported UNITED STATES — net long-lived assets of $1.44B in Q4 2025.
How has Travel + Leisure's UNITED STATES — net long-lived assets changed year-over-year?
Travel + Leisure's UNITED STATES — net long-lived assets decreased by 4.6% year-over-year, from $1.51B to $1.44B.
What does UNITED STATES — net long-lived assets mean?
This metric measures the total book value of non-current, tangible, and intangible assets located within the United States, net of accumulated depreciation and amortization. It provides insight into the capital intensity of the company's domestic operations, including resort properties and infrastructure. Investors use this to evaluate the asset base supporting regional revenue generation and to assess capital allocation efficiency.