What does vacation ownership — restructuring liability mean?

Represents the outstanding financial obligations or provisions established for planned restructuring activities that have not yet been settled in cash. It serves as an indicator of future cash outflows related to organizational transformation efforts.

Travel + Leisure TNL Vacation Ownership — Restructuring liability

Similar metrics at other companies

IMORestructuring liability – non-current portion

$164M—

NXPIRestructuring liability – non-current portion

$76M+1,800%

SONRestructuring Reserve

$5M-12.3%

SUNBRestructuring Reserve

$42M—

RYANRestructuring Reserve

$160M—

CSTMRestructuring Reserve

$1M0.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$38.0M-68.6%

CapEx$19.0M-9.5%

Free cash flow$19.0M-81.0%

Valuation

See full

Market cap$4.79B+39.8%

Enterprise value$9.04B+23.7%

P/E12.9×+2.3×

P/S1.2×+0.3×

Profitability

See full

Gross margin93%-4.9pp

Operating margin14.3%-4.8pp

Net margin10.4%-0.6pp

FCF margin10.9%-0.7pp

Returns & leverage

See full

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:RestructuringReserve.

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 vacation ownership — restructuring liability.

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

Connect your AI

Claude

Questions, answered.

What is Travel + Leisure's vacation ownership — restructuring liability?: Travel + Leisure (TNL) reported vacation ownership — restructuring liability of $3M in Q1 2026.
What does vacation ownership — restructuring liability mean?: Represents the outstanding financial obligations or provisions established for planned restructuring activities that have not yet been settled in cash. It serves as an indicator of future cash outflows related to organizational transformation efforts.