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Travel + Leisure TNL Vacation Ownership — Other Expenses

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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:OtherExpenses.

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

(j)Includes $3 million of resort closure and employee related costs associated with the resort optimization initiative included within Operating expense on the Condensed Consolidated Statements of Income and $1 million of other items that meet the conditions of unusual and/or infrequent.

Item 1. Financial Statements (Unaudited).

FAQ

What is Travel + Leisure's vacation ownership — other expenses?
Travel + Leisure (TNL) reported vacation ownership — other expenses of $3M in Q2 2026.
How has Travel + Leisure's vacation ownership — other expenses changed year-over-year?
Travel + Leisure's vacation ownership — other expenses increased by 140.0% year-over-year, from $1.25M to $3M.
What does vacation ownership — other expenses mean?
Captures miscellaneous operating costs associated with the vacation ownership segment that do not fall into standard categories like marketing or administrative expenses. Monitoring these helps identify hidden operational inefficiencies or non-recurring costs impacting segment margins.

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