TNL Q3 2023 Earnings — Travel + Leisure Co. Revenue & Financial Results | Market Cap Arena

TNLTravel + Leisure Co.

$4B

Q3 2023 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$986M+5.2% YoY

Gross Profit

$486M49.3% margin

Operating Income

$207M21.0% margin

Net Income

$110M11.2% margin

EPS (Diluted)

$1.49

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$88M

Free Cash Flow

$74M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$6.7B

Total Liabilities

$7.7B

Stockholders' Equity

-$1.0B

Cash & Equivalents

$238M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$986M	$937M	+5.2%
Gross Profit	$486M	$461M	+5.4%
Operating Income	$207M	$189M	+9.5%
Net Income	$110M	$116M	-5.2%

Revenue Segments

Vacation Ownership

$812M82%

Travel and Membership

$174M18%