Travel + Leisure Co
Travel + Leisure Co., together with its subsidiaries, provides hospitality services and travel products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers, as well as offers consumer financing in connect… Read more
Travel + Leisure Co (TNL) - Net Assets
Latest net assets as of September 2025: $-821.00 Million USD
Based on the latest financial reports, Travel + Leisure Co (TNL) has net assets worth $-821.00 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.89 Billion) and total liabilities ($7.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-821.00 Million |
| % of Total Assets | -11.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -192.34% |
| Growth Volatility | 43.55 |
Travel + Leisure Co - Net Assets Trend (2001–2024)
This chart illustrates how Travel + Leisure Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Travel + Leisure Co (2001–2024)
The table below shows the annual net assets of Travel + Leisure Co from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-880.00 Million | +4.03% |
| 2023-12-31 | $-917.00 Million | -1.44% |
| 2022-12-31 | $-904.00 Million | -13.85% |
| 2021-12-31 | $-794.00 Million | +17.98% |
| 2020-12-31 | $-968.00 Million | -84.73% |
| 2019-12-31 | $-524.00 Million | +7.91% |
| 2018-12-31 | $-569.00 Million | -164.44% |
| 2017-12-31 | $883.00 Million | +22.98% |
| 2016-12-31 | $718.00 Million | -24.66% |
| 2015-12-31 | $953.00 Million | -24.18% |
| 2014-12-31 | $1.26 Billion | -22.65% |
| 2013-12-31 | $1.62 Billion | -15.85% |
| 2012-12-31 | $1.93 Billion | -13.49% |
| 2011-12-31 | $2.23 Billion | -23.48% |
| 2010-12-31 | $2.92 Billion | +8.52% |
| 2009-12-31 | $2.69 Billion | +14.77% |
| 2008-12-31 | $2.34 Billion | -33.39% |
| 2007-12-31 | $3.52 Billion | -1.21% |
| 2006-12-31 | $3.56 Billion | -29.29% |
| 2005-12-31 | $5.03 Billion | +7.57% |
| 2004-12-31 | $4.68 Billion | +9.25% |
| 2003-12-31 | $4.28 Billion | +10.96% |
| 2002-12-31 | $3.86 Billion | +50.25% |
| 2001-12-31 | $2.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Travel + Leisure Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 233400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.33 Billion | % |
| Common Stock | $2.00 Million | % |
| Other Comprehensive Income | $-112.00 Million | % |
| Total Equity | $-881.00 Million | 100.00% |
Travel + Leisure Co Competitors by Market Cap
The table below lists competitors of Travel + Leisure Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercury Systems Inc
NASDAQ:MRCY
|
$4.45 Billion |
|
3SBio Inc
F:83B
|
$4.45 Billion |
|
WASHINGTON H.SOUL PAT.+CO
F:WD3
|
$4.45 Billion |
|
SUMITOMO FORESTRY
F:5F6
|
$4.46 Billion |
|
Informatica Inc
NYSE:INFA
|
$4.44 Billion |
|
FPT Corp
VN:FPT
|
$4.44 Billion |
|
Radian Group Inc
NYSE:RDN
|
$4.44 Billion |
|
Option Care Health Inc
NASDAQ:OPCH
|
$4.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Travel + Leisure Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -918,000,000 to -881,000,000, a change of 37,000,000.
- Net income of 411,000,000 contributed positively to equity growth.
- Dividend payments of 142,000,000 reduced retained earnings.
- Share repurchases of 234,000,000 reduced equity.
- New share issuances of 15,000,000 increased equity.
- Other comprehensive income decreased equity by 42,000,000.
- Other factors increased equity by 29,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $411.00 Million | +46.65% |
| Dividends Paid | $142.00 Million | -16.12% |
| Share Repurchases | $234.00 Million | -26.56% |
| Share Issuances | $15.00 Million | +1.7% |
| Other Comprehensive Income | $-42.00 Million | -4.77% |
| Other Changes | $29.00 Million | +3.29% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Travel + Leisure Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $12.72 | $70.46 | x |
| 2002-12-31 | $19.30 | $70.46 | x |
| 2003-12-31 | $21.34 | $70.46 | x |
| 2004-12-31 | $23.33 | $70.46 | x |
| 2005-12-31 | $25.11 | $70.46 | x |
| 2006-12-31 | $17.86 | $70.46 | x |
| 2007-12-31 | $19.21 | $70.46 | x |
| 2008-12-31 | $13.16 | $70.46 | x |
| 2009-12-31 | $14.77 | $70.46 | x |
| 2010-12-31 | $15.77 | $70.46 | x |
| 2011-12-31 | $13.45 | $70.46 | x |
| 2012-12-31 | $13.31 | $70.46 | x |
| 2013-12-31 | $12.02 | $70.46 | x |
| 2014-12-31 | $9.88 | $70.46 | x |
| 2015-12-31 | $7.98 | $70.46 | x |
| 2016-12-31 | $6.43 | $70.46 | x |
| 2017-12-31 | $8.44 | $70.46 | x |
| 2018-12-31 | $-5.79 | $70.46 | x |
| 2019-12-31 | $-5.74 | $70.46 | x |
| 2020-12-31 | $-11.32 | $70.46 | x |
| 2021-12-31 | $-9.26 | $70.46 | x |
| 2022-12-31 | $-10.84 | $70.46 | x |
| 2023-12-31 | $-12.24 | $70.46 | x |
| 2024-12-31 | $-12.46 | $70.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Travel + Leisure Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.64%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (16.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 11.76% | 19.41% | 0.43x | 1.40x | $45.10 Million |
| 2002 | 7.98% | 13.74% | 0.41x | 1.43x | $-78.00 Million |
| 2003 | 6.98% | 11.27% | 0.38x | 1.64x | $-129.30 Million |
| 2004 | 7.46% | 11.58% | 0.36x | 1.78x | $-118.90 Million |
| 2005 | 8.56% | 12.92% | 0.36x | 1.82x | $-72.30 Million |
| 2006 | 8.06% | 7.47% | 0.40x | 2.67x | $-68.90 Million |
| 2007 | 11.46% | 9.24% | 0.42x | 2.97x | $51.40 Million |
| 2008 | -45.86% | -25.09% | 0.45x | 4.09x | $-1.31 Billion |
| 2009 | 10.90% | 7.81% | 0.40x | 3.48x | $24.20 Million |
| 2010 | 12.99% | 9.84% | 0.41x | 3.23x | $87.30 Million |
| 2011 | 18.68% | 9.80% | 0.47x | 4.04x | $193.80 Million |
| 2012 | 20.73% | 8.82% | 0.48x | 4.90x | $207.00 Million |
| 2013 | 26.62% | 8.62% | 0.51x | 6.00x | $269.70 Million |
| 2014 | 42.15% | 10.02% | 0.55x | 7.71x | $403.50 Million |
| 2015 | 64.42% | 11.05% | 0.57x | 10.23x | $517.00 Million |
| 2016 | 85.57% | 10.91% | 0.57x | 13.75x | $539.60 Million |
| 2017 | 97.27% | 16.82% | 0.49x | 11.85x | $766.20 Million |
| 2018 | 0.00% | 17.09% | 0.55x | 0.00x | $729.40 Million |
| 2019 | 0.00% | 12.54% | 0.54x | 0.00x | $560.00 Million |
| 2020 | 0.00% | -11.71% | 0.28x | 0.00x | $-155.50 Million |
| 2021 | 0.00% | 9.83% | 0.48x | 0.00x | $388.10 Million |
| 2022 | 0.00% | 10.01% | 0.53x | 0.00x | $448.30 Million |
| 2023 | 0.00% | 10.56% | 0.56x | 0.00x | $487.80 Million |
| 2024 | 0.00% | 10.64% | 0.57x | 0.00x | $499.10 Million |
Industry Comparison
This section compares Travel + Leisure Co's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,526,974,464
- Average return on equity (ROE) among peers: -30.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Travel + Leisure Co (TNL) | $-821.00 Million | 11.76% | N/A | $4.44 Billion |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Booking Holdings Inc (BKNG) | $402.60 Million | -262.07% | 0.10x | $140.30 Billion |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |