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.

  • For Q1 2026, Gross Margin fell 118.0% year-over-year to 96.36%; the TTM value through Mar 2026 reached 102.37%, down 100.0%, while the annual FY2025 figure was 93.21%, 441.0% down from the prior year.
  • Gross Margin for Q1 2026 was 96.36% 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.
  • A 5-year average of 99.26% and a median of 96.52% in 2023 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: surged 3625bps in 2024 and later plummeted -1737bps in 2025.
  • Year by year, Gross Margin stood at 96.44% in 2022, then grew by 1bps to 97.22% in 2023, then soared by 37bps to 133.47% in 2024, then fell by -13bps to 116.1% in 2025, then decreased by -17bps to 96.36% in 2026.
  • Business Quant data shows Gross Margin for TNL at 96.36% in Q1 2026, 116.1% in Q4 2025, and 98.75% in Q3 2025.