AI brief of an SEC Form 8-K · Travel + Leisure (TNL)

Travel + Leisure Q4 net income falls 8% as revenue rises 4%

Mixed Impact 3 of 5 earnings Written later

Travel + Leisure Co. reported fourth-quarter 2024 net income of $119 million, or $1.72 per diluted share, down from $129 million, or $1.77, a year earlier, while net revenue rose to $971 million from $935 million. For full-year 2024, net income rose 4% to $411 million and diluted EPS rose to $5.82, and the company issued 2025 Adjusted EBITDA guidance of $955 million to $985 million, which shareholders will weigh against the lower fourth-quarter profit.

Key points

  • Q4 2024 net income $119 million and diluted EPS $1.72, versus $129 million and $1.77 in Q4 2023; net revenue $971 million, up from $935 million
  • Full-year 2024 net income $411 million and diluted EPS $5.82, versus $396 million and $5.28 in 2023; full-year net revenue $3.9 billion
  • 2025 full-year Adjusted EBITDA guidance $955 million to $985 million; first-quarter 2025 guidance $195 million to $205 million
  • Management will recommend a first-quarter 2025 dividend of $0.56 per share to the Board in March 2025; the company repurchased $235 million of stock in 2024

The filing

CompanyTravel + Leisure (TNL)
Form8-K, current report
Filed with the SECFeb 19, 2025, 6:31 AM ET
Accession number0001361658-25-000008

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.