stockrowTravel + Leisure Co.
TNL Consumer Cyclical Travel Services
Travel + Leisure Co.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 4.06% from fiscal 2024.
- Revenue
- +5.46%
- EPS
- +4.12%
- Free cash flow
- −18.4%
- Total debt
- +8.75%
Quarter to September 2026, against a year earlier
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Travel + Leisure Co. (TNL) Free cash flow
Travel + Leisure Co.'s free cash flow for fiscal 2025 was $533.0M, up 38.8% from $384.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $427.0M. Over the past ten years it has ranged from $276.0M (fiscal 2023) to $879.0M (fiscal 2017); the current reading is higher than 73% of that period. Travel + Leisure Co. ranks 8th of 17 Travel Services companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $533.0M | 38.80% |
| FY2024 | $384.0M | 39.13% |
| FY2023 | $276.0M | (30.65%) |
| FY2022 | $398.0M | (22.11%) |
| FY2021 | $511.0M | 67.54% |
| FY2020 | $305.0M | (11.34%) |
| FY2019 | $344.0M | 0.29% |
| FY2018 | $343.0M | (60.98%) |
| FY2017 | $879.0M | 3.90% |
| FY2016 | $846.0M | 5.49% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $111.0M | (43.08%) |
| Jun 2026 | $195.0M | 926.32% |
| Mar 2026 | $19.0M | (81.37%) |
| Dec 2025 | $102.0M | (25.00%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| TCOM Trip.com Group Limited Sponsored ADR compare | $7.9B |
| EXPE Expedia Group, Inc. compare | $3.7B |
| VIK Viking Holdings Ltd. compare | $1.2B |
| TNL Travel + Leisure Co. | $427.0M |
| MMYT MakeMyTrip Limited compare | $169.3M |
| LIND Lindblad Expeditions compare | $96.0M |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | −$5.4M |
| TRIP TripAdvisor, Inc. compare | −$50.8M |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | −$564.2M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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