TNLTravel + Leisure Co.

$4B

Q3 2021 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$839M+36.6% YoY

Gross Profit

$433M51.6% margin

Operating Income

$186M22.2% margin

Net Income

$101M12.0% margin

EPS (Diluted)

$1.15

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$145M

Free Cash Flow

$130M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$7.5B

Stockholders' Equity

-$857M

Cash & Equivalents

$346M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$839M	$614M	+36.6%
Gross Profit	$433M	$313M	+38.3%
Operating Income	$186M	$64M	+190.6%
Net Income	$101M	$40M	+152.5%

Revenue Segments

Vacation Ownership

$660M78%

Travel and Membership

$185M22%

TNL Q3 2021 Earnings — Travel + Leisure Co. Revenue & Financial Results | Market Cap Arena