Travel & Leisure Co. (TNL) Gross margin 2017–2025
Travel & Leisure Co. (TNL) gross margin by fiscal year — reported gross profit divided by reported revenue.
93.2%FY2025 · since FY2017: 96.1% → 93.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 93.2% | -4.4 pp |
| FY2024 | 97.6% | +1.2 pp |
| FY2023 | 96.5% | +0.9 pp |
| FY2022 | 95.6% | +0.6 pp |
| FY2021 | 95.0% | -4.9 pp |
| FY2020 | 99.9% | +4.5 pp |
| FY2019 | 95.4% | +0.1 pp |
| FY2018 | 95.3% | -0.7 pp |
| FY2017 | 96.1% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice