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Travel + Leisure TNL Vacation Ownership — Other Restructuring Costs

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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%

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:OtherRestructuringCosts.

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

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Questions, answered.

What is Travel + Leisure's vacation ownership — other restructuring costs?
Travel + Leisure (TNL) reported vacation ownership — other restructuring costs of $2M in Q1 2026.
How has Travel + Leisure's vacation ownership — other restructuring costs changed year-over-year?
Travel + Leisure's vacation ownership — other restructuring costs decreased by 11.1% year-over-year, from $2.25M to $2M.
What does vacation ownership — other restructuring costs mean?
Captures secondary costs related to organizational changes, such as severance, facility closures, or contract terminations within the vacation ownership segment. These costs are typically excluded from core operating metrics to provide a clearer view of ongoing performance.