Travel + Leisure Co (TNL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 546,000 | 490,000 | 487,000 | 424,000 | -278,000 |
| Revenue | US$ in thousands | 3,864,000 | 3,750,000 | 3,567,000 | 3,134,000 | 2,160,000 |
| Pretax margin | 14.13% | 13.07% | 13.65% | 13.53% | -12.87% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $546,000K ÷ $3,864,000K
= 14.13%
Travel + Leisure Co's pretax margin has shown significant improvement over the years, increasing from -12.87% in December 2020 to 14.13% in December 2024. This indicates the company's ability to effectively manage its operating expenses and generate higher pre-tax profits relative to its total revenue. The positive trend in pretax margin reflects improved operational efficiency and profitability, which could be attributed to cost-cutting measures, strategic decision-making, or increased revenue generation. It suggests that Travel + Leisure Co has been successful in controlling costs and maximizing its profitability, which is a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024