Growth Metrics

Travel & Leisure (TNL) Gross Margin (2016 - 2025)

Travel & Leisure (TNL) has 16 years of Gross Margin data on record, last reported at 116.1% in Q4 2025.

  • For Q4 2025, Gross Margin rose 1713.0% year-over-year to 116.1%; the TTM value through Dec 2025 reached 93.21%, down 759.0%, while the annual FY2025 figure was 93.21%, 441.0% down from the prior year.
  • Gross Margin reached 116.1% in Q4 2025 per TNL's latest filing, up from 84.48% in the prior quarter.
  • Across five years, Gross Margin topped out at 118.43% in Q3 2024 and bottomed at 84.48% in Q3 2025.
  • Average Gross Margin over 5 years is 96.15%, with a median of 95.74% recorded in 2022.
  • Peak YoY movement for Gross Margin: skyrocketed 2279bps in 2024, then crashed -3395bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 94.02% in 2021, then increased by 3bps to 96.44% in 2022, then increased by 1bps to 97.22% in 2023, then grew by 2bps to 98.97% in 2024, then grew by 17bps to 116.1% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 116.1% in Q4 2025, 84.48% in Q3 2025, and 85.07% in Q2 2025.