Growth Metrics

Travel & Leisure (TNL) Gross Margin (2016 - 2026)

Travel & Leisure has reported Gross Margin over the past 17 years, most recently at 96.36% for Q1 2026.

  • Quarterly Gross Margin fell 118.0% to 96.36% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 102.37% through Mar 2026, down 100.0% year-over-year, with the annual reading at 93.21% for FY2025, 441.0% down from the prior year.
  • Gross Margin was 96.36% for Q1 2026 at Travel & Leisure, down from 116.1% in the prior quarter.
  • Over five years, Gross Margin peaked at 133.47% in Q4 2024 and troughed at 85.38% in Q2 2024.
  • The 5-year median for Gross Margin is 96.52% (2023), against an average of 99.26%.
  • Biggest five-year swings in Gross Margin: soared 3625bps in 2024 and later tumbled -1737bps in 2025.
  • Tracing TNL's Gross Margin over 5 years: stood at 96.44% in 2022, then increased by 1bps to 97.22% in 2023, then skyrocketed by 37bps to 133.47% in 2024, then dropped by -13bps to 116.1% in 2025, then fell by -17bps to 96.36% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 96.36%, 116.1%, and 98.75% for Q1 2026, Q4 2025, and Q3 2025 respectively.