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Travel + Leisure TNL Shares (Diluted)

Shares (Diluted) at other companies

Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
122.6M-7.7%
Airbnb logo
AirbnbABNB
597M-4.6%
Hilton Grand Vacations logo
Hilton Grand VacationsHGV
83.7M-12.4%
Walt Disney logo
Walt DisneyDIS
1.7B-3.4%
RLJ Lodging Trust logo
RLJ Lodging TrustRLJ
150.9M+0.9%
Wyndham Hotels & Resorts, Inc. logo
Wyndham Hotels & Resorts, Inc.WH
75.2M-2.8%

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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Earnings per share (a)
Basic$1.75$1.63$3.00$2.71
Diluted$1.72$1.62$2.94$2.68
Basic weighted average shares outstanding62.366.162.666.6
RSUs,(b) PSUs (c) and NQs (d)1.10.41.40.7
Diluted weighted average shares outstanding (e)63.466.564.067.3
Dividends:
Aggregate dividends paid to shareholders (f)$37$37$78$78

Item 1. Financial Statements (Unaudited).

FAQ

What is Travel + Leisure's shares (diluted)?
Travel + Leisure (TNL) reported shares (diluted) of 63.4M in Q2 2026.
How has Travel + Leisure's shares (diluted) changed year-over-year?
Travel + Leisure's shares (diluted) decreased by 4.7% year-over-year, from 66.5M to 63.4M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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