profit from every $100 of sales.
$0$100
Travel + Leisure
$78.29+3.93% today
+23.5% in 1 year
1-year low $61.251-year high $78.74
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $20.51 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Travel + Leisure sold, what it kept, and what it did with the cash.
Sales went from $3.57 billion in 2022 to $4.02 billion in 2025, with $230 million of profit last year.
SalesProfit
Travel + Leisure handed back 86% of the cash it generated last year.
Buybacks $301M$149M
Free cash flow 2025$523M
Bought back its own shares$301M
Paid as dividends$149M
Cash vs. debt$253M vs. $5.7B
Travel + Leisure vs. similar companies
Travel + Leisure grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Travel + Leisure | 20.5× · Fair price | ||
 Booking Holdings | 22.5× · Fair price | ||
 Airbnb | 45.2× · Expensive | ||
 Royal Caribbean Cruises | 21.1× · Fair price | ||
 Carnival | 15.0× · Fair price |
AI analysis
An AI analyst reads Travel + Leisure's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,160 | 3,134 | 3,567 | 3,750 | 3,864 | 4,021 | |
| 2,158 | 2,977 | 3,331 | 3,505 | 3,636 | 3,613 | |
| -105 | 618 | 679 | 748 | 752 | 582 | |
| 42 | 751 | 800 | 848 | 877 | 693 | |
| -255 | 308 | 357 | 396 | 411 | 230 | |
| -2.97 | 3.52 | 4.24 | 5.28 | 5.82 | 3.44 | |
| 99.9% | 95.0% | 93.4% | 93.5% | 94.1% | 89.9% | |
| -4.9% | 19.7% | 19.0% | 19.9% | 19.5% | 14.5% | |
| -11.8% | 9.8% | 10.0% | 10.6% | 10.6% | 5.7% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 7,613 | 6,588 | 6,757 | 6,738 | 6,735 | 6,760 |
| Cash | 1,196 | 369 | 550 | 282 | 167 | 253 |
| Total debt | 6,575 | 5,449 | 5,753 | 5,733 | 5,670 | 5,734 |
| Total liabilities | 8,581 | 7,382 | 7,661 | 7,655 | 7,615 | 7,742 |
| -975 | -801 | -913 | -918 | -881 | -981 | |
| 86 | 87 | 84 | 75 | 71 | 67 | |
| -1.2% | 10.7% | 11.1% | 12.1% | 12.6% | 9.5% | |
| 26.2% | -38.5% | -39.1% | -43.1% | -46.7% | -23.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 374 | 568 | 442 | 350 | 464 | 640 | |
| 69 | 57 | 52 | 74 | 81 | 117 | |
| 305 | 511 | 390 | 276 | 383 | 523 | |
| Dividends paid | 138 | 109 | 135 | 136 | 142 | 149 |
| 128 | 25 | 351 | 309 | 234 | 301 | |
| 20 | 32 | 45 | 38 | 41 | 57 |
Valuation
- 20.5×
- 10.6×
- –
- -3.9×
- 1.2×
- 9.0×
- 14.7×
- 11.1%
- 4.9%
- 3.6%
Profitability
- 89.9%
- 14.5%
- 5.7%
- 17.2%
- 16.1%
- 7.3%
- -25.8%
- 3.5%
- 11.3%
- –
Growth
- +13.2%
- –
- +36.6%
- +7.0%
- −6.7%
Financial health
- 7.9×
- -5.62
- 84.1%
- 1.7×
- 1.15
- 0.29
- 0.59
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 17%of 976
Top 24%of 991
Bottom 49%of 850
Top 30%of 991
Top 17%of 979
What analysts expect
- Average price target
- $84.89
- Range
- $71.00 – $107.00
- 8 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 22, 2026 | 1.45 | 1.31 | +10.7% |
| Feb 18, 2026 | 1.83 | 1.83 | +0.0% |
| Oct 22, 2025 | 1.80 | 1.72 | +4.7% |
| Jul 23, 2025 | 1.65 | 1.66 | −0.6% |
| Apr 23, 2025 | 1.11 | 1.10 | +0.9% |
| Feb 19, 2025 | 1.72 | 1.68 | +2.4% |
| Oct 23, 2024 | 1.57 | 1.49 | +5.4% |
| Jul 24, 2024 | 1.52 | 1.40 | +8.6% |
3.6%of the share price, paid each year
On $1,000 invested$36a year at today's yield, before tax
+7.0%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$0.76 in 2015 → $2.24 in 2025
How safe it looks
64.8% of its profit
Room to growStretchedMore than it earns: 28.5%
News
Travel+Leisure declares $0.60 dividendSeeking Alpha · Nov 5, 2026Is it dumb to take travel advice from influencers?MarketWatch · Oct 29, 2026TikTok parent ByteDance’s chatbot is now giving travel-booking sites a run for their money. And yours.MarketWatch · Oct 26, 2026The No. 1 mistake beginners make with travel cards, according to The Points GuyMarketWatch · Oct 3, 2026Alaska Airlines unveils massive premium cabin overhaul in high-end travel raceCNBC · Sep 29, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
53No pass
Benjamin Graham
62Pass
Philip Fisher
61Pass
Peter Lynch
51No pass
Joel Greenblatt
38No pass
Charlie Munger
47No pass
Terry Smith
51No pass
Questions about Travel + Leisure
Is Travel + Leisure a good stock to buy?
A business with weak numbers at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Travel + Leisure AI analysis
What does Travel + Leisure do?
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. It is in Travel Services, based in Orlando, FL, United States, with 19,300 employees.
Does Travel + Leisure pay a dividend?
Yes. At today's price the dividend is 3.6% a year, about 65% of its yearly profit. In 2025 it paid out $149 million in dividends.
Is Travel + Leisure stock halal?
No. Travel + Leisure does not pass our halal screen: its debt is 122% of its market value, at or above the 33% limit. How we check
How has Travel + Leisure stock done over the past year?
Up 23.5% over the past twelve months, to $78.29. It traded between $61.25 and $78.74, close to its high.
Who are Travel + Leisure's competitors?
The largest listed companies in the same industry are Booking Holdings, Airbnb, Royal Caribbean Cruises and Carnival. The peers table on this page compares their profit, growth and price with Travel + Leisure's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.