TNL - NYSE
Travel + Leisure Co.
$69.87
-2.4%Travel + Leisure Co., together with its subsidiaries, provides hospitality services and products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts. The Travel and Membership segment operates various businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. As of January 26, 2022, it had approximately 245 vacation ownership resorts. It also offers private-label travel booking technology solutions. The company was formerly known as Wyndham Destinations, Inc. and changed its name to Travel + Leisure Co. in February 2021. Travel + Leisure Co. was founded in 1990 and is headquartered in Orlando, Florida.
At a Glance
Live SnapshotTravel + Leisure Co. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
Travel + Leisure Co. Cash Flow Statement
TNL • NYSE
| Travel + Leisure Co. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
230M | 378M | 391M | 356M | 313M | -253M | 489M | 266M | 872M | 612M | 612M | 529M | 433M | 399M | 417M | 379M | 293M | -1.1B | 403M | 287M | |
124M | 115M | 112M | 119M | 124M | 126M | 121M | 138M | 213M | 252M | 234M | 233M | 216M | 185M | 178M | 173M | 178M | 184M | 166M | 148M | |
-21M | 26M | 8M | -4M | -39M | -88M | 79M | 122M | -404M | 93M | 40M | 47M | 64M | 62M | 70M | 76M | 90M | 110M | 156M | 103M | |
57M | 41M | 38M | 45M | 32M | 20M | 24M | 129M | 70M | 68M | 58M | 57M | 53M | 41M | 42M | 39M | 37M | 35M | 26M | 0.0 | |
840M | 471M | 385M | 355M | 164M | 504M | 507M | 638M | 758M | 336M | 260M | 278M | 474M | 530M | 408M | 407M | 530M | 1.8B | 280M | 335M | |
-590M | -567M | -584M | -429M | -26M | 65M | -768M | -851M | -522M | -388M | -213M | -160M | -232M | -213M | -112M | -439M | -439M | -989M | -1B | -688M | |
640M | 464M | 350M | 442M | 568M | 374M | 452M | 442M | 987M | 973M | 991M | 984M | 1B | 1B | 1B | 635M | 689M | 109M | 10M | 165M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-117M | -81M | -74M | -52M | -57M | -69M | -108M | -99M | -153M | -191M | -222M | -235M | -238M | -208M | -239M | -167M | -135M | -187M | -194M | -191M | |
-1M | -44M | -6M | -2M | -37M | (0.0) | (55M) | -5M | -18M | -10M | (12M) | (3M) | -3M | -42M | -27M | -236M | (5M) | -135M | -16M | -105M | |
-19M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -1M | (0.0) | -3M | (0.0) | -10M | -10M | -13M | -48M | -50M | -24M | |
21M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6M | 6M | 0.0 | 3M | 0.0 | 31M | 20M | 22M | 42M | 30M | 0.0 | |
9M | 1M | 0.0 | 4M | 1M | 4M | -13M | -621M | -223M | -152M | -92M | -44M | -160M | -269M | -11M | -25M | 12M | 9M | -25M | -151M | |
-107M | -124M | -80M | -50M | -93M | -65M | -66M | -725M | -394M | -353M | -302M | -276M | -401M | -519M | -256M | -418M | -109M | -319M | -255M | -471M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-301M | -219M | -300M | -341M | -14M | -121M | -329M | -330M | -599M | -619M | -658M | -646M | -593M | -631M | -893M | -235M | 0.0 | -15M | -526M | -316M | |
-11M | -59M | -34M | 331M | -1.1B | 810M | 313M | -710M | 399M | 300M | 179M | 154M | 64M | 330M | 225M | 34M | -501M | 231M | 682M | 1.4B | |
-149M | -142M | -136M | -135M | -109M | -138M | -166M | -194M | -242M | -223M | -202M | -179M | -156M | -134M | -99M | -86M | -29M | -28M | -14M | -1.4B | |
-301M | -234M | -309M | -351M | -25M | -128M | -340M | -330M | -599M | -619M | -658M | -646M | -593M | -631M | -893M | -235M | (0.0) | -15M | -526M | -329M | |
18M | -38M | -30M | -51M | -59M | -49M | -107M | 1.5B | -116M | -44M | 6M | -30M | 80M | 4M | 14M | 68M | -31M | -27M | 35M | 792M | |
-443M | -458M | -500M | -196M | -1.3B | 502M | -289M | 280M | -559M | -586M | -675M | -701M | -605M | -431M | -753M | -219M | -561M | 166M | 177M | 473M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
7M | -11M | 0.0 | -5M | -7M | 4M | 1M | -9M | 14M | -20M | -26M | -18M | -3M | -1M | -8M | 3M | 0.0 | -30M | 9M | 3M | |
97M | -129M | -230M | 191M | -820M | 815M | 98M | -12M | 48M | 14M | -12M | -11M | -1M | 53M | -14M | 1M | 19M | -74M | -59M | 170M | |
329M | 458M | 688M | 497M | 1.3B | 502M | 404M | 416M | 185M | 171M | 183M | 194M | 195M | 142M | 156M | 155M | 136M | 210M | 269M | 99M | |
426M | 329M | 458M | 688M | 497M | 1.3B | 502M | 404M | 233M | 185M | 171M | 183M | 194M | 195M | 142M | 156M | 155M | 136M | 210M | 269M | |
523M | 383M | 276M | 390M | 511M | 305M | 344M | 343M | 834M | 782M | 769M | 749M | 770M | 796M | 764M | 468M | 554M | -78M | -184M | -26M |
SEC Filings
TNL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 20, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 22, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 10, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 10, 2026 | March 09, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 18, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 18, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 10, 2025 | December 10, 2025 | 2025 |
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