Travel + Leisure Co. (TNL)

In the past six months, Travel + Leisure Co. reported strong fourth-quarter and full-year 2025 financial results, surpassing analyst expectations with adjusted EPS of $1.83 and revenue of $1.026 billion. Despite positive results, the company recorded a $210 million one-time charge in inventory write-downs. The company increased its quarterly cash dividend by 7%, completed a $325 million term securitization transaction, repurchased 5.4 million shares for $300 million in 2025, and approved a new $750 million share repurchase authorization. Over the past year, TNL's stock has delivered a 45.30% change, with a 52-week range between $37.77 and $81.00.

Demand for Travel + Leisure Co.'s products and services is characterized by strong and sustained leisure travel demand. The company reported an 8% increase in gross VOI sales in 2025, driven by a 5% increase in sales tours and a 2% rise in volume per guest in Q4 2025. The company anticipates a 7% increase in owner room nights for the remainder of 2024 compared to the previous year, and expects double-digit tour growth for the full year 2024.

Travel + Leisure Co. is a global membership and leisure travel company based in Orlando, Florida, recognized as the world's largest vacation ownership company. It operates through Vacation Ownership, focusing on developing, marketing, and selling vacation ownership interests, and Travel and Membership, managing vacation exchange brands, travel technology platforms, travel memberships, and direct-to-consumer rentals.

Travel + Leisure Co. provides services in the United States and internationally, with over 270 properties and 25,000 units. It serves over 800,000 property owners across North America, the Caribbean, and the South Pacific, offering access to more than 4,000 resorts in 100 countries. In 2025, 88% of the company's revenues were from the United States, and 12% from international operations.

Travel + Leisure Co. has received positive recognition for its brand reputation, being named to Fortune's "World's Most Admired Companies" list for the fourth consecutive year in January 2026. In February 2026, Forbes recognized Travel + Leisure Co. as one of "America's Best Large Employers" for the fourth time. Additionally, in March 2026, Newsweek included Travel + Leisure Co. in its inaugural list of "America's Most Charitable Companies."

Travel + Leisure Co. has a diverse shareholder base, with institutional investors holding approximately 87.54% of the stock. As of March 27, 2026, there were 571 institutional owners and shareholders holding a total of 64,187,411 shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and Invesco Ltd. Insiders own about 4.35% of the shares.