Travel & Leisure Co. (TNL) Operating margin 2016–2025
Travel & Leisure Co. (TNL) operating margin by fiscal year — reported operating income divided by reported revenue.
13.8%FY2025 · since FY2016: 17.8% → 13.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 13.8% | -5.2 pp |
| FY2024 | 19.0% | -0.2 pp |
| FY2023 | 19.2% | +0.9 pp |
| FY2022 | 18.3% | -1.4 pp |
| FY2021 | 19.7% | +24.6 pp |
| FY2020 | -4.9% | -24.9 pp |
| FY2019 | 20.1% | +6.8 pp |
| FY2018 | 13.3% | +1.8 pp |
| FY2017 | 11.5% | -6.3 pp |
| FY2016 | 17.8% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice