Travel + Leisure Co (TNL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 734,000 | 719,000 | 737,000 | 731,000 | 719,000 | 690,000 | 672,000 | 674,000 | 653,000 | 686,000 | 683,000 | 649,000 | 619,000 | 509,000 | 387,000 | 122,000 | -106,000 | 68,000 | 218,000 | 530,000 |
| 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 |
| Operating profit margin | 18.99% | 18.77% | 19.28% | 19.30% | 19.17% | 18.58% | 18.34% | 18.53% | 18.31% | 19.39% | 19.85% | 19.58% | 19.75% | 17.50% | 14.42% | 5.47% | -4.91% | 2.53% | 7.02% | 14.19% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $734,000K ÷ $3,865,000K
= 18.99%
The operating profit margin of Travel + Leisure Co has shown fluctuations over the reported periods, ranging from negative territory to positive percentages. The margin started at 14.19% in March 2020, decreased to 2.53% in September 2020, and turned negative at -4.91% by December 2020. However, the company's performance improved in subsequent quarters, with the margin rebounding to 19.17% by December 2023 and maintaining levels around the high teens thereafter. These results suggest that the company has made efforts to enhance operational efficiency and control costs, ultimately leading to a healthier operating profit margin over time.
Peer comparison
Dec 31, 2024