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Travel + Leisure TNL Total costs & expenses

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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:CostsAndExpenses.

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 total costs & expenses?
Travel + Leisure (TNL) reported total costs & expenses of $802M in Q1 2026.
How has Travel + Leisure's total costs & expenses changed year-over-year?
Travel + Leisure's total costs & expenses increased by 3.1% year-over-year, from $778M to $802M.
What is the long-term trend for Travel + Leisure's total costs & expenses?
Over 4 years (2021 to 2025), Travel + Leisure's total costs & expenses has grown at a 8.4% compound annual growth rate (CAGR), from $2.52B to $3.47B.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the company during a reporting period, including cost of goods sold, marketing, administrative expenses, and depreciation. It serves as a comprehensive measure of the company's total expenditure required to generate its revenue and maintain its business operations. Monitoring this figure allows stakeholders to evaluate overall cost management efficiency and the impact of operating leverage on bottom-line profitability.