Travel + Leisure Co (TNL)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,281,000 | 2,271,000 | 2,184,000 | 2,077,000 | 2,058,000 | 2,026,000 | 2,005,000 | 1,994,000 | 1,957,000 | 2,034,000 | 2,009,000 | 1,964,000 | 1,840,000 | 1,931,000 | 2,033,000 | 1,925,000 | 2,186,000 | 2,590,000 | 2,971,000 | 3,532,000 |
| Revenue (ttm) | US$ in thousands | 3,865,000 | 3,830,000 | 3,823,000 | 3,787,000 | 3,750,000 | 3,713,000 | 3,664,000 | 3,637,000 | 3,567,000 | 3,538,000 | 3,440,000 | 3,315,000 | 3,134,000 | 2,909,000 | 2,684,000 | 2,230,000 | 2,160,000 | 2,688,000 | 3,107,000 | 3,735,000 |
| Gross profit margin | 59.02% | 59.30% | 57.13% | 54.85% | 54.88% | 54.57% | 54.72% | 54.83% | 54.86% | 57.49% | 58.40% | 59.25% | 58.71% | 66.38% | 75.75% | 86.32% | 101.20% | 96.35% | 95.62% | 94.56% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,281,000K ÷ $3,865,000K
= 59.02%
Travel + Leisure Co's gross profit margin has shown some fluctuations over the analyzed period from March 31, 2020, to December 31, 2024.
The gross profit margin started at a high of 94.56% in March 2020 and gradually increased to a peak of 101.20% in December 2020. This indicates that the company was effectively managing its cost of goods sold relative to its sales during this period.
However, from March 31, 2021, the gross profit margin began to decline, hitting a low of 54.57% in September 30, 2023. This significant drop may suggest challenges in maintaining profitability, possibly due to increased costs, pricing pressures, or changes in the business environment.
Subsequently, the gross profit margin slightly increased from the low point in September 30, 2023, reaching 59.02% by December 31, 2024. This uptick indicates some improvement in managing costs or pricing strategies, but it still remains below the levels seen in the earlier periods of analysis.
Overall, the trend in Travel + Leisure Co's gross profit margin shows both periods of strength and challenges in maintaining profitability, emphasizing the importance of closely monitoring cost control measures and pricing strategies to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024