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) Return on invested capital
Travel + Leisure Co.'s return on invested capital over the twelve months to 30 September 2026 was 7.42%, down 0.8 percentage points from fiscal 2025 (8.25%). Over the past ten years it has ranged from −1.59% (fiscal 2020) to 10.6% (fiscal 2019); the current reading is higher than 45% of that period. That is above the Travel Services industry median of 5.65% and above the Consumer Cyclical sector median of 3.42%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 8.25% | (2.20) |
| FY2024 | 10.5% | (0.09) |
| FY2023 | 10.5% | 0.46 |
| FY2022 | 10.1% | 0.48 |
| FY2021 | 9.60% | 11.19 |
| FY2020 | −1.59% | (12.15) |
| FY2019 | 10.6% | 3.34 |
| FY2018 | 7.22% | 3.04 |
| FY2017 | 4.18% | (2.62) |
| FY2016 | 6.80% | (3.00) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| EXPE Expedia Group, Inc. compare | 138.1% |
| VIK Viking Holdings Ltd. compare | 26.5% |
| MMYT MakeMyTrip Limited compare | 17.6% |
| TNL Travel + Leisure Co. | 7.42% |
| LIND Lindblad Expeditions compare | 6.57% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 6.10% |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 5.65% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 4.89% |
| TRIP TripAdvisor, Inc. compare | 0.00% |
| Travel Services industry median | 5.65% |
| Consumer Cyclical sector median | 3.42% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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- P/E ratio
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