OakChart

Travel+Leisure Co

TNLConsumer Cyclical·Travel Services·USA·Mid·NYSE·Nov 11 • 3:59 PM ET

80.05-0.30 (-0.37%)
2026-11-12 00:08 CET
Market cap
4,841.47 USD m
Revenue, TTM
4,151.00 USD m
Net income, TTM
235.00 USD m
Free cash flow, TTM
417.00 USD m
EPS diluted, TTM
3.72
P/E
21.52
Compare

Price

TNL against its 20, 50 and 200-day averages
2050200miss
60.0065.0070.0075.0080.00944K1.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26TNLclose 80.0520-day 71.1850-day 66.79200-day 70.6380.0552w high52w low

1.2% under the 52-week high of 81.00 on 18 Feb 2026. 52-week low 60.34 on 18 Nov 2025. Last 15 sessions, 27.2% high to low

Volume 1.13× normal · the line is the 50-bar volume average

Profile

TNL
52-week range, 95% of the way up
60.3481.00

Travel + Leisure Co. engages in the provision of hospitality services and travel products. It operates through the Vacation Ownership and Travel and Membership segments. The Vacation Ownership segment is involved in developing, marketing, and selling vacation ownership interests to individual consumers, providing consumer financing in connection with the sale of vacation ownership interests, and providing property management services at resorts. The Travel and Membership segment focuses on the operations of travel businesses, including three vacation exchange brands, travel technology platforms, travel memberships, and direct-to-consumer rentals. The company was founded in 1990 and is headquartered in Orlando, FL.

IndexRUI
Employees19300
IPOJul 19, 2006
Beta1.19
ATR, 14d2.34
Rel volume1.13
Short float11.35%
Insider own4.31%
Inst own105.43%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap4.82B
Enterprise Value10.52B
Income235.00M
Sales4.15B
Book/sh-16.71
Cash/sh8.28
Dividend Est.2.42 (3.03%)
Dividend TTM2.36 (2.95%)
Dividend Ex-DateDec 11, 2026
Dividend Gr. 3/5Y11.87% 6.96%
Payout65.15%
Employees19300
IPOJul 19, 2006

Ratios

P/E21.52
Forward P/E9.17
PEG0.54
P/S1.16
P/B-
P/C9.67
P/FCF11.57
EV/EBITDA12.48
EV/Sales2.53
Quick Ratio5.05
Current Ratio6.65
Debt/Eq-
LT Debt/Eq-
Option/ShortYes / Yes

Earnings

EPS (ttm)3.72
EPS next Y8.73
EPS next Q2.26
EPS this Y22.13%
EPS next Y12.72%
EPS next 5Y16.95%
EPS past 3/5Y-6.66% -
Sales past 3/5Y4.07% 11.20%
EPS Y/Y TTM-38.03%
Sales Y/Y TTM4.64%
EPS Q/Q2.73%
Sales Q/Q5.46%
EarningsOct 27 BMO
EPS/Sales Surpr.7.61% 1.49%

Ownership

Insider Own4.31%
Insider Trans-7.43%
Inst Own105.43%
Inst Trans3.58%
ROA3.31%
ROE-
ROIC5.17%
Gross Margin29.61%
Oper. Margin17.15%
Profit Margin5.66%
SMA2012.46%
SMA5019.85%
SMA20013.33%
Trades-

Technical

Shs Outstand60.26M
Shs Float57.66M
Short Float11.35%
Short Ratio8.73
Short Interest6.54M
52W High81.00 -1.17%
52W Low60.34 32.66%
Volatility3.82% 3.23%
ATR (14)2.34
RSI (14)75.23
Beta1.19
Rel Volume1.13
Avg Volume749.68K
Volume847,523

Performance

Perf Week3.13%
Perf Month27.08%
Perf Quarter7.03%
Perf Half Y26.74%
Perf YTD13.50%
Perf Year25.16%
Perf 3Y130.23%
Perf 5Y44.13%
Perf 10Y155.32%
Recom1.31
Target Price88.38
Prev Close80.35
Price80.05
Change %-0.37%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 08, 2026InitiatedJJP MorganNeutral$70-12.6%
Aug 18, 2026InitiatedSSusquehannaPositive$95+18.7%
Jun 01, 2026UpgradeGGoldmanNeutral → Buy$85+6.2%
Dec 17, 2025UpgradeBBarclaysUnderweight → Equal Weight$70-12.6%
Nov 18, 2025InitiatedWWells FargoOverweight$74-7.6%
Jul 24, 2025UpgradeMMizuhoNeutral → Outperform$72-10.1%
Jan 27, 2025UpgradeBBofA SecuritiesUnderperform → Buy$40 → $60-25.0%
Jan 06, 2025InitiatedMMorgan StanleyOverweight$67-16.3%
Sep 26, 2024DowngradeBBarclaysEqual Weight → Underweight$46 → $40-50.0%
Sep 18, 2024InitiatedGGoldmanNeutral$44-45.0%

Peers

Mkt cap
TickerCompanyMkt cap
HGVHilton Grand Vacations Inc3.44B
VACMarriott Vacations Worldwide Corp4.04B
WHWyndham Hotels & Resorts Inc5.89B
EXPEExpedia Group Inc31.18B
CHHChoice Hotels International Inc5.34B
RCLRoyal Caribbean Group89.65B
BKNGBooking Holdings Inc119.15B
MTNVail Resorts Inc5.52B
MARMarriott International Inc110.52B
HLTHilton Worldwide Holdings Inc83.86B

Insider trading

latest 14 of 58
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Brown Michael DeanOfficerNov 10 '26Proposed Sale79.8115,9431,272,379Nov 10 04:21 PM
Brown Michael DeanOfficerNov 09 '26Proposed Sale79.024,033318,698Nov 09 04:40 PM
Duncan Thomas MichaelSVP, Chief Accounting OfficerAug 26 '26Sale74.1620,0001,483,2005,307Aug 27 04:23 PM
Thomas Michael DuncanofficerAug 26 '26Proposed Sale74.1120,0001,482,187Aug 26 02:29 PM
Brown Michael DeanSee RemarksAug 06 '26Option Exercise44.382008,876487,503Aug 10 04:24 PM
Brown Michael DeanSee RemarksAug 06 '26Sale79.0020015,800487,303Aug 10 04:24 PM
Brown Michael DeanOfficerAug 06 '26Proposed Sale79.0020015,800Aug 06 04:44 PM
MYERS JEFFREYSee RemarksAug 04 '26Sale77.7634,0002,643,84067,787Aug 06 04:03 PM
Brown Michael DeanSee RemarksAug 05 '26Option Exercise44.384,150184,177491,453Aug 06 04:03 PM
Brown Michael DeanSee RemarksAug 05 '26Sale79.244,150328,846487,303Aug 06 04:03 PM
ESFAHANI SYChief Technology OfficerAug 04 '26Sale78.0052,6174,104,1260Aug 06 04:03 PM
Brown Michael DeanOfficerAug 05 '26Proposed Sale79.244,150328,834Aug 05 04:16 PM
ESFAHANI SYOfficerAug 04 '26Proposed Sale78.0052,6174,104,126Aug 04 04:10 PM
Jeffrey MyersOfficerAug 04 '26Proposed Sale77.6034,0002,638,346Aug 04 03:36 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
IJKiShares S&P Mid-Cap 400 Growth ETFAUM: 10.46B
SPMDState Street SPDR Portfolio S&P 400TM Mid Cap ETFAUM: 18.90B
SCHASchwab U.S. Small-Cap ETFAUM: 22.25B

News

latest 14 of 200
  • Travel + Leisure Co. Introduces VOYA, Its AI-Powered Vacation Planning Experience (Business Wire)
  • Travel + Leisure Co. Declares Cash Dividend (Business Wire)
  • Club Wyndham Ocean Walk Named Best Vacation Ownership Resort for Families in 2026 Newsweek Readers' Choice Awards (Business Wire)
  • Travel + Leisure Beats On Buyback-Boosted EPS And Raises Guidance A Third Time, But Weak Cash Flow, Higher Leverage, And A Shrinking Exchange Business Cloud The Picture (Earnings Whispers)
  • Travel + Leisure Co. Reports Third Quarter 2026 Results (Business Wire)
  • Forget Streaming. Club Wyndham's Holiday Rewind Suite Brings Back the Holidays Like It's 1999 (Business Wire)
  • Eddie Bauer Adventure Club Expands to Texas Hill Country with First Outpost (Business Wire)
  • Travel + Leisure Co. Completes $300 Million Term Securitization (Business Wire)
  • Lodging Lowdown: IHG names global sales leader, Series by Marriott expands (Hotel Dive)
  • Sports Illustrated Resorts Taps Wyndham to Scale Hotel Brand (CRE Daily)
  • Wyndham, Travel + Leisure Co. team up to scale Sports Illustrated Resorts (Hotel Dive)
  • Travel + Leisure Co. Partners with Wyndham to Develop Hotels Under the Sports Illustrated Resorts Brand (Business Wire)
  • Travel + Leisure Co. Expands Eddie Bauer Adventure Club with New Trail Partner Network (Business Wire)
  • Travel + Leisure Co. to Report Third Quarter 2026 Financial Results on October 27, 2026 (Business Wire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-272.2102.0541.7301,1011,08513
2026Q22026-07-221.8801.8761.7191,0631,04210
2026Q12026-04-221.4501.3081.227961954.9112
2025Q42026-02-181.8301.809-0.9521,0261,00012
2025Q32025-10-221.8001.7121.6791,0441,03210
2025Q22025-07-231.6501.6511.6241,0181,00911
2025Q12025-04-231.1101.1101.070934929.9211
2024Q42025-02-191.7201.6271.705971957.2611
2024Q32024-10-231.5701.4681.3829931,01111
2024Q22024-07-241.5201.4051.366985987.1710
2024Q12024-04-240.9700.8590.917916904.5210
2023Q42024-02-211.9801.3691.774935943.999
2023Q32023-10-251.5401.4581.495986971.648
2023Q22023-07-261.3301.3171.179949952.778
2023Q12023-04-260.8900.7830.805879840.639
2022Q42023-02-221.3001.2171.118899908.738

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY5.5006.0388.2355,0765,814
2018FY4.8404.8172.1773,9313,953
2019FY5.6205.6045.2924,0434,089
2020FY-0.940-0.815-2.9382,1602,155
2021FY3.6503.4163.6193,1343,055
2022FY4.5204.4584.2283,5673,577
2023FY5.7005.0545.2133,7503,758
2024FY5.7505.6675.3473,8643,852
2025FY6.3406.3523.4404,0213,996
2026FY-7.743--4,206
2027FY-8.728--4,419
2028FY-10.142--4,572

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0611701,0831,0451,110
2026Q4S2026-10-3011601,0821,0451,110
2026Q4S2026-10-2711501,0791,0451,110
2026Q4S2026-10-1511101,0681,0361,090
2026Q4S2026-10-1411101,0671,0301,090
2026Q4S2026-10-1311101,0671,0301,090
2026Q4S2026-10-0711101,0671,0301,090
2026Q4S2026-10-0510101,0671,0301,090
2026Q4S2026-09-2510701,0671,0301,090
2026Q4S2026-09-0811901,0661,0301,090
2026Q4S2026-08-2310801,0651,0301,090
2026Q4S2026-08-1711801,0641,0301,090
2026Q4S2026-08-0310801,0631,0301,090
2026Q4S2026-07-2210701,0581,0061,090

Estimate history

EPS, annual8.2352.1775.292-2.9383.6194.2285.2135.3473.4383.7196
Period201720182019202020212022202320242025TTM
EPS, quarterly1.3821.7051.071.6241.679-0.9521.2271.7191.725
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual3806393140432365304335673750386440214151
Period201720182019202020212022202320242025TTM
Sales, quarterly100997193410181044102696110631101
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual99.72394.46388.10385.93185.9378.39671.43167.12363.05860.256
Period201720182019202020212022202320242025MRQ
Shares, quarterly68.34267.12366.39265.00764.32963.05862.42561.28260.256
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue4,151.004,021.003,864.003,750.003,567.003,043.002,365.004,043.003,931.00
Total Expenses3,439.003,304.002,976.002,889.002,808.002,358.001,980.003,157.003,308.00
Operating Income712.00717.00888.00861.00759.00685.00385.00886.00623.00
Unusual Expense37.0029.0019.0027.0037.00-12.00389.0036.0012.00
Net Income Before Taxes336.00337.00513.00485.00486.00429.00-276.00680.00396.00
Income Taxes101.00107.00135.0094.00130.00116.00-23.00191.00130.00
Consolidated Net Income235.00230.00444.00401.00367.00310.00-250.00531.00727.00
Net Income From Continuing Operations235.00230.00444.00401.00358.00303.00-257.00525.00722.00
Net Income235.00230.00345.00386.00355.00318.00-251.00471.00216.00
EPS (Recurring)4.173.745.535.474.543.520.225.562.26
EPS (Basic, Before Extraordinaries)3.823.515.395.254.273.62-2.945.312.18
EPS (Diluted)3.723.445.355.214.233.62-2.945.292.18
Non-Operating Income (Expense)22.0016.0029.0014.00-6.009.0021.0098.0043.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense47.7145.0331.6028.4435.5532.0014.6017.52109.50
Price To Earnings Ratio21.6021.609.288.518.2515.24-9.7216.27
Price To Sales Ratio0.931.170.920.780.861.571.631.180.90
Gross Margin29.6130.2735.3035.0434.7136.7432.9835.1534.52
Operating Margin17.1517.8322.9822.9621.2822.5116.2821.9115.85
Net Margin5.665.728.9310.299.9510.45-10.6111.655.49
Shares Outstanding60.2663.0667.1271.4378.4085.9385.9388.1094.46
Market Capitalization4,841.474,841.473,451.042,830.902,958.614,769.663,851.744,688.493,492.72

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,101.001,063.00961.001,026.001,044.001,018.00934.00971.00
Total Expenses861.00820.00771.00987.00796.00777.00744.00727.00
Operating Income240.00243.00190.0039.00248.00241.00190.00244.00
Unusual Expense12.000.00-2.0027.001.001.000.003.00
Net Income Before Taxes146.00155.00108.00-73.00158.00152.00101.00158.00
Income Taxes38.0046.0029.00-12.0047.0044.0028.0040.00
Consolidated Net Income108.00109.0079.00-61.00111.00108.0073.00120.00
Net Income From Continuing Operations108.00109.0079.00-61.00111.00108.0073.00120.00
Net Income108.00109.0079.00-61.00111.00108.0073.00117.00
EPS (Recurring)1.861.721.20-0.661.691.631.071.74
EPS (Basic, Before Extraordinaries)1.761.751.26-0.951.701.631.091.73
EPS (Diluted)1.731.721.23-0.951.681.621.071.71
Non-Operating Income (Expense)7.004.005.006.004.003.002.0011.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense11.8511.859.0015.0112.0012.0010.009.48
Price To Earnings Ratio21.6021.3620.2211.6010.299.348.629.28
Price To Sales Ratio0.931.181.101.120.990.870.810.90
Gross Margin33.1535.0932.3617.5435.4435.0733.4038.00
Operating Margin21.8022.8619.773.8023.7523.6720.3425.13
Net Margin9.8110.258.22-5.9510.6310.617.8212.05
Shares Outstanding60.2661.2862.4263.0664.3365.0166.3967.12
Market Capitalization4,841.474,770.884,317.304,536.863,862.113,427.713,087.373,451.04

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments426.00329.00458.00688.00497.001,317.00502.00373.00219.00
Short Term Receivables311.00308.00341.00252.00215.00244.00285.00213.00301.00
Investments31.0035.0044.0042.0049.0038.0046.0026.0024.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Net Property, Plant & Equipment616.00638.00701.00720.00768.00758.00816.00712.00822.00
Deferred Tax Assets27.0023.0023.0023.0025.0027.0026.0029.0026.00
Other Intangible Assets5,376.005,429.005,197.005,056.005,056.005,261.005,803.005,828.009,080.00
Total Assets6,760.006,735.006,738.006,757.006,588.007,613.007,453.007,158.0010,450.00
Total Debt5,734.005,670.005,733.005,753.005,449.006,575.005,755.005,238.006,006.00
Long Term Debt4,789.005,067.005,158.005,087.004,981.005,912.005,456.005,005.006,006.00
Provision for Risks Charges7.005.006.005.004.005.004.004.005.00
Deferred Tax Liabilities716.00734.00700.00693.00701.00739.00815.00747.00622.00
Other Liabilities1,285.001,206.001,216.001,210.001,228.001,262.001,403.001,738.003,043.00
Total Liabilities7,742.007,615.007,655.007,661.007,382.008,581.007,977.007,727.009,676.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity-981.00-881.00-918.00-913.00-801.00-975.00-530.00-574.00769.00
Total Shareholders Equity-981.00-881.00-918.00-913.00-801.00-975.00-530.00-574.00769.00
Accumulated Minority Interest-1.001.001.009.007.007.006.005.005.00
Total Equity-982.00-880.00-917.00-904.00-794.00-968.00-524.00-569.00774.00
Total Liabilities & Stockholders Equity6,760.006,735.006,738.006,757.006,588.007,613.007,453.007,158.0010,450.00
Book Value Per Share-15.56-13.13-12.85-11.65-9.32-11.35-6.02-6.087.71
Tangible Book Value Per Share-34.16-30.63-29.11-26.47-23.05-24.09-18.65-16.99-2.86
Full-Time Employees19,30019,00019,00018,20016,80015,48322,50024,50039,200
Price to Book Ratio-4.81-4.00-2.81-3.24-5.93-3.95-8.59-5.908.48
Return on Assets3.416.595.945.374.27-3.417.198.226.36
Return on Equity-------475.0086.99
Return on Invested Capital6.049.039.228.537.49-5.129.9315.1712.61
Quick Ratio3.545.205.524.926.406.0112.0512.4014.89
Current Ratio4.697.117.366.628.847.9715.6516.4920.28

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations1,158.001,129.001,031.00934.00871.00594.00309.001,220.001,293.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-646.00-489.00-567.00-584.00-429.00-26.0065.00-768.00-851.00
Cash from Operating Activities512.00640.00464.00350.00442.00568.00374.00452.00442.00
Capital Expenditures-95.00-117.00-81.00-74.00-52.00-57.00-69.00-108.00-99.00
Net Assets From Acquisitions-290.00-1.00-44.00-6.00-2.00-37.000.00-51.00-5.00
Sale of Fixed Assets and Businesses10.0010.001.000.008.000.000.00112.0012.00
Purchase or Sale of Investments-6.002.000.000.000.000.000.000.000.00
Purchase of Investments-30.00-19.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments24.0021.000.000.000.000.000.000.000.00
Other Uses-1.00-1.00-1.000.00-5.00--5.00-22.00-633.00
Other Sources--1.000.001.001.009.003.00-
Cash from Investing Activities-382.00-107.00-124.00-80.00-50.00-93.00-65.00-66.00-725.00
Cash Dividends Paid-149.00-149.00-142.00-136.00-135.00-109.00-138.00-166.00-194.00
Change in Capital Stock-322.00-267.00-219.00-300.00-341.00-14.00-121.00-329.00-330.00
Repurchase of Common Pref Stock-340.00-301.00-234.00-309.00-351.00-25.00-128.00-340.00-330.00
Sale of Common Pref Stock18.0034.0015.009.0010.0011.007.0011.000.00
Proceedsfrom Stock Options18.0034.0015.009.0010.0011.007.0011.000.00
Issuance or Reduction of Debt, Net414.00-38.00-79.00-34.00312.00-1,126.00790.00291.00-710.00
Change in Long Term Debt414.00-38.00-79.00-34.00312.00-1,126.00790.00291.00-710.00
Issuance of Long Term Debt5,406.004,353.003,695.003,935.002,162.002,052.003,248.005,254.006,460.00
Reduction of Long Term Debt-4,992.00-4,391.00-3,774.00-3,969.00-1,850.00-3,178.00-2,458.00-4,963.00-7,170.00
Net Financing Active Other Cash Flow7.0011.00-18.00-30.00-32.00-39.00-29.00-85.001,514.00
Other Financing Activities Uses-17.00-14.00-9.00-10.00-----4.00
Cash from Financing Activities-50.00-443.00-458.00-500.00-196.00-1,288.00502.00-289.00280.00
Exchange Rate Effect5.007.00-11.000.00-5.00-7.004.001.00-9.00
Net Change in Cash85.0097.00-129.00-230.00191.00-820.00815.0098.00-12.00
Free Cash Flow417.00523.00383.00276.00390.00511.00305.00344.00343.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow14.4512.6214.8020.9412.0211.8923.1326.8323.86

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments499.00471.00456.00426.00414.00387.00
Short Term Receivables190.00171.00165.00311.00180.00182.00
Investments1.001.001.0031.001.001.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Net Property, Plant & Equipment691.00606.00608.00616.00683.00644.00
Deferred Tax Assets---27.00--
Other Intangible Assets5,920.005,647.005,610.005,376.005,614.005,595.00
Total Assets7,301.006,896.006,840.006,760.006,892.006,809.00
Total Debt6,197.005,841.005,889.005,734.005,717.005,669.00
Long Term Debt5,551.005,165.004,956.004,789.004,809.005,060.00
Provision for Risks Charges0.000.000.007.000.000.00
Deferred Tax Liabilities746.00728.00732.00716.00763.00745.00
Other Liabilities1,365.001,347.001,242.001,285.001,233.001,248.00
Total Liabilities8,308.007,916.007,863.007,742.007,713.007,662.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity-1,007.00-1,019.00-1,022.00-981.00-821.00-852.00
Total Shareholders Equity-1,007.00-1,019.00-1,022.00-981.00-821.00-852.00
Accumulated Minority Interest0.00-1.00-1.00-1.000.00-1.00
Total Equity-1,007.00-1,020.00-1,023.00-982.00-821.00-853.00
Total Liabilities & Stockholders Equity7,301.006,896.006,840.006,760.006,892.006,809.00
Book Value Per Share-16.71-16.63-16.37-15.56-12.76-13.11
Tangible Book Value Per Share-39.02-35.70-35.13-34.16-31.03-31.26
Full-Time Employees---19,300--
Price to Book Ratio-4.81-4.67-4.45-5.53-4.54-3.79
Return on Assets3.313.473.483.426.065.90
Return on Invested Capital2.382.632.01-1.602.782.57
Quick Ratio5.054.833.573.543.535.07
Current Ratio6.656.474.784.694.846.96

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations307.00307.00276.00268.00333.00286.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-177.00-87.00-238.00-144.00-170.00-54.00
Cash from Operating Activities130.00220.0038.00124.00163.00232.00
Capital Expenditures-19.00-25.00-19.00-32.00-27.00-37.00
Net Assets From Acquisitions-290.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.0010.000.000.00
Purchase or Sale of Investments0.00-1.001.00-6.00-3.0011.00
Purchase of Investments-8.00-5.00-8.00-9.00-6.00-4.00
Sale Or Maturity of Investments8.004.009.003.003.0015.00
Other Uses0.000.000.00-1.000.000.00
Other Sources0.000.000.00-0.000.00
Cash from Investing Activities-309.00-26.00-18.00-29.00-30.00-26.00
Cash Dividends Paid-36.00-37.00-41.00-35.00-36.00-37.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-75.00-81.00-83.00-83.00-51.00-65.00
Repurchase of Common Pref Stock-75.00-88.00-87.00-90.00-71.00-70.00
Sale of Common Pref Stock0.007.004.007.0020.005.00
Proceedsfrom Stock Options0.007.004.007.0020.005.00
Issuance or Reduction of Debt, Net317.00-60.00147.0010.00-18.00-91.00
Change in Long Term Debt317.00-60.00147.0010.00-18.00-91.00
Issuance of Long Term Debt1,381.001,688.001,342.00995.001,473.00756.00
Reduction of Long Term Debt-1,064.00-1,748.00-1,195.00-985.00-1,491.00-847.00
Net Financing Active Other Cash Flow-1.00-1.00-16.0025.000.001.00
Other Financing Activities Uses0.00-1.00-16.000.00-1.000.00
Cash from Financing Activities205.00-179.007.00-83.00-105.00-192.00
Exchange Rate Effect2.000.003.000.00-1.006.00
Net Change in Cash28.0015.0030.0012.0027.0020.00
Free Cash Flow111.00195.0019.0092.00136.00195.00
Price to Free Cash Flow14.4516.5415.2112.0910.989.86

Revenue breakdown

Ancillary Revenues2024: 113.00M 2025: 130.00M
Consolidation, Policy2024: -2.00M 2025: -2.00M
Consumer Financing2024: 450.00M 2025: 454.00M
Fee-for-Service Commissions2024: 71.00M 2025: 78.00M
Property Management Fees and Reimbursable Revenues2024: 845.00M 2025: 879.00M
Subscription2024: 179.00M 2025: 172.00M
Transaction Revenues2024: 487.00M 2025: 463.00M
Vacation Ownership Interest Sales2024: 1.72B 2025: 1.85B
Non-US2024: 460.00M 2025: 476.00M
United States2024: 3.40B 2025: 3.55B
Consolidation, Policy2024: -2.00M 2025: -2.00M
Travel andship2024: 695.00M 2025: 662.00M
Vacation Ownership2024: 3.17B 2025: 3.36B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3011.35%6.5M57.7M714.01K
2026-10-1511.12%6.5M58.6M734.08K
2026-09-3012.22%7.2M58.6M731.94K
2026-09-1512.60%7.4M58.6M721.04K
2026-08-3112.47%7.3M58.6M779.43K
2026-08-1411.79%6.9M58.6M801.18K
2026-07-3111.98%7.0M58.5M846.57K
2026-07-1511.17%6.5M58.5M883.27K
2026-06-3011.07%6.6M59.6M885.92K
2026-06-158.36%5.0M59.6M872.39K
2026-05-296.56%3.9M59.6M811.66K
2026-05-155.77%3.4M59.6M810.58K
2026-04-305.04%3.0M59.6M769.54K
2026-04-154.69%2.8M59.5M652.50K
2026-03-314.14%2.5M59.8M634.53K
2026-03-134.14%2.5M59.8M612.13K
2026-02-274.77%2.9M59.8M596.67K
2026-02-134.48%2.7M59.8M570.53K
2026-01-304.13%2.5M61.6M567.20K
2026-01-154.24%2.6M61.6M626.73K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call35.0043.1046.200.003.8910.000.000.994-0.0200.002
call37.5040.6043.600.003.5310.000.000.994-0.0200.002
call40.0038.2041.2022.803.3445.000.000.993-0.0210.002
call42.5035.7038.600.003.0270.000.000.988-0.0370.004
call45.0033.2036.500.003.0440.000.000.987-0.0370.004
call47.5030.7034.000.002.8120.000.000.986-0.0370.004
call50.0028.1031.3025.902.48616.000.000.968-0.0870.009
call52.5025.7028.700.002.2280.000.000.965-0.0860.010
call55.0023.2025.8025.301.4564.002.000.961-0.0840.010
call57.5020.7023.708.781.8471.000.000.957-0.0820.011
call60.0018.3021.5018.401.79115.000.000.953-0.0800.012
call62.5015.7019.202.751.68019.000.000.947-0.0780.013
call65.0013.2015.9014.491.1999.000.000.940-0.0750.015
call67.5010.9014.1010.641.28131.000.000.931-0.0720.016
call70.008.6011.2011.300.98017513.000.847-0.1500.029
call72.506.408.904.500.86727.000.000.759-0.2220.039
call75.005.106.504.510.7131,4920.000.719-0.1920.042
call77.502.854.103.100.54413518.000.638-0.1800.047
call80.000.553.601.380.72430.000.000.523-0.2040.050
call82.500.101.250.350.4524460.000.367-0.1370.047
call85.000.150.800.150.4993500.000.248-0.1200.039
call87.500.002.700.000.6290.000.000.198-0.1250.035
call90.000.002.200.700.7463.000.000.170-0.1330.031
call95.000.000.750.000.9390.000.000.135-0.1440.027
call1000.001.350.451.1240.000.000.118-0.1560.025
call1050.001.350.651.2931.000.000.106-0.1660.023
call1100.002.150.001.4480.000.000.097-0.1750.021
call1150.000.950.001.5770.000.000.090-0.1800.020
put35.000.000.050.052.1171400.00-0.005-0.0210.002
put37.500.000.050.051.95440.000.00-0.006-0.0210.002
put40.000.000.050.051.80040.000.00-0.006-0.0200.002
put42.500.002.150.051.90440.000.00-0.011-0.0390.004
put45.000.002.150.111.7481.000.00-0.012-0.0390.004
put47.500.000.100.051.53025.000.00-0.013-0.0350.004
put50.000.000.950.021.7591,0760.00-0.032-0.0880.009
put52.500.000.750.051.6027.000.00-0.035-0.0860.010
put55.000.000.950.111.4526.000.00-0.038-0.0850.010
put57.500.001.350.301.3077.000.00-0.042-0.0820.011
put60.000.001.151.331.1666.000.00-0.047-0.0800.012
put62.500.001.350.241.0307.000.00-0.052-0.0770.013
put65.000.001.351.250.89617.000.00-0.059-0.0740.015
put67.500.000.300.550.7405.000.00-0.067-0.0640.017
put70.000.000.950.100.90115.000.00-0.153-0.1490.029
put72.500.002.450.001.0170.000.00-0.240-0.2210.039
put75.000.001.954.710.82510.000.00-0.281-0.1900.042
put77.500.052.551.000.75311.001.00-0.361-0.1780.047
put80.000.453.600.000.7280.000.00-0.476-0.2020.050
put82.502.304.600.000.6370.000.00-0.633-0.1350.047
put85.004.006.600.000.6990.000.00-0.751-0.1170.039
put87.506.309.500.000.9410.000.00-0.802-0.1220.035
put90.008.5011.900.001.0550.000.00-0.829-0.1300.031
put95.0013.6016.600.001.2180.000.00-0.864-0.1400.027
put10018.7021.800.001.4880.000.00-0.882-0.1520.025
put10523.4026.900.001.7120.000.00-0.894-0.1610.023
put11029.0031.900.001.8910.000.00-0.902-0.1690.021
put11533.4036.900.002.0570.000.00-0.909-0.1760.020

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10144Filing for proposed sale of securities under Rule 144.SEC
2026-11-098-KCurrent report2026-11-09SEC
2026-10-2710-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-278-KCurrent report2026-10-27SEC
2026-08-274Statement of changes in beneficial ownership of securities2026-08-25SEC
2026-08-274Statement of changes in beneficial ownership of securities2026-08-26SEC
2026-08-26144Filing for proposed sale of securities under Rule 144.SEC
2026-08-198-KCurrent report2026-08-19SEC
2026-08-104Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-06144Filing for proposed sale of securities under Rule 144.SEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-05SEC
2026-08-05144Filing for proposed sale of securities under Rule 144.SEC
2026-08-04144Filing for proposed sale of securities under Rule 144.SEC
2026-08-04144Filing for proposed sale of securities under Rule 144.SEC
2026-07-284Statement of changes in beneficial ownership of securities2026-07-27SEC
2026-07-27144Filing for proposed sale of securities under Rule 144.SEC
2026-07-244Statement of changes in beneficial ownership of securities2026-07-23SEC
2026-07-23144Filing for proposed sale of securities under Rule 144.SEC
2026-07-23144Filing for proposed sale of securities under Rule 144.SEC
2026-07-2210-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-228-KCurrent report2026-07-22SEC
2026-07-1411-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-23NT 11-K2025-12-31SEC
2026-06-174Statement of changes in beneficial ownership of securities2026-06-16SEC
2026-06-16144Filing for proposed sale of securities under Rule 144.SEC
2026-06-084Statement of changes in beneficial ownership of securities2026-06-04SEC
2026-06-04144Filing for proposed sale of securities under Rule 144.SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-25SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-08008.58M5
2026-07005.00M2
2026-06002.00M2
2026-0500159.58K1
2026-0465.67K11.75M4
2026-03002.43M3
2026-02007.18M3
2026-010000
2025-120000
2025-11004.73M4

Institutional holders

Manager% owned
BlackRock, Inc.11.40%
VANGUARD PORTFOLIO MANAGEMENT LLC9.71%
VANGUARD CAPITAL MANAGEMENT LLC4.33%
Invesco Ltd.3.95%
STATE STREET CORP3.46%
LSV ASSET MANAGEMENT3.00%
GEODE CAPITAL MANAGEMENT, LLC2.71%
CITADEL ADVISORS LLC2.44%
UBS Group AG2.37%
Quantinno Capital Management LP2.25%

Funds

Fund% owned
The Osterweis Strategic Income Fund74.85%
Core Fixed Income Fund43.30%
iShares iBonds 2026 Term High Yield and Income ETF36.84%
LORD ABBETT BOND DEBENTURE FUND INC36.42%
VanEck Fallen Angel High Yield Bond ETF29.96%
Income Fund of America29.44%
Goldman Sachs High Yield Fund29.28%
iShares Broad USD High Yield Corporate Bond ETF25.90%
AB GLOBAL BOND FUND, INC.21.42%
iShares Fallen Angels USD Bond ETF20.90%

OakChart. TNL. Cached 15 minutes.