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Travel+Leisure Co (Travel+Leisure Co) Net Income : $399 Mil (TTM As of Mar. 2024)


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What is Travel+Leisure Co Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Travel+Leisure Co's Net Income for the three months ended in Mar. 2024 was $66 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $399 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Travel+Leisure Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.92.


Travel+Leisure Co Net Income Historical Data

The historical data trend for Travel+Leisure Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Travel+Leisure Co Net Income Chart

Travel+Leisure Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 507.00 -255.00 308.00 357.00 396.00

Travel+Leisure Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.00 94.00 110.00 129.00 66.00

Travel+Leisure Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Travel+Leisure Co's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=485+-94+5+0
=396

Travel+Leisure Co's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=92+-26+0+0
=66

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $399 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Travel+Leisure Co  (NYSE:TNL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Travel+Leisure Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Travel+Leisure Co Net Income Related Terms

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Travel+Leisure Co (Travel+Leisure Co) Business Description

Traded in Other Exchanges
Address
6277 Sea Harbor Drive, Orlando, FL, USA, 32821
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. Majority of the revenue is earned from United States.
Executives
Olivier Chavy officer: See remarks C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
George Herrera director HERRERA-CRISTINA GROUP, LTD., 4222 FORTUNA CENTER PLAZA, #621, MONTCLAIR VA 22025
Michael Dean Brown director, officer: See Remarks C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Amandine Robin-caplan officer: See remarks C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
Thomas Michael Duncan officer: SVP, Chief Accounting Officer C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
James J Savina officer: See Remarks ONE PPG PLACE, PITTSBURGH PA 15222
Geoffrey Richards officer: See Remarks C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Sy Esfahani officer: Chief Technology Officer C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
Lucinda Martinez director C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
Stephen P Holmes director C/O CENDANT, 9 WEST 57TH, NEW YORK NY 10019
Denny Marie Post director C/O BURGER KING HOLDINGS, INC., 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Noah Brodsky officer: Chief Brand Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Kimberly Marshall officer: Chief Human Resources Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Brad Dettmer officer: Chief Information Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Michael H Wargotz director AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022

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