Travel + Leisure Co (TNL)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 397,000 | 359,000 | 365,000 | 371,000 | 358,000 | 374,000 | 359,000 | 331,000 | 309,000 | 204,000 | 143,000 | -93,000 | -256,000 | -91,000 | 4,000 | 292,000 | 506,000 | 451,000 | 464,000 | 718,000 |
| Total assets | US$ in thousands | 6,738,000 | 6,655,000 | 6,602,000 | 6,477,000 | 6,757,000 | 6,380,000 | 6,477,000 | 6,600,000 | 6,588,000 | 6,601,000 | 6,639,000 | 6,728,000 | 7,613,000 | 7,822,000 | 7,597,000 | 7,776,000 | 7,453,000 | 7,563,000 | 7,466,000 | 7,370,000 |
| ROA | 5.89% | 5.39% | 5.53% | 5.73% | 5.30% | 5.86% | 5.54% | 5.02% | 4.69% | 3.09% | 2.15% | -1.38% | -3.36% | -1.16% | 0.05% | 3.76% | 6.79% | 5.96% | 6.21% | 9.74% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $397,000K ÷ $6,738,000K
= 5.89%
Travel+Leisure Co's return on assets (ROA) has shown consistency and stability over the past eight quarters, ranging from 5.03% to 5.88%. The company has maintained an average ROA of 5.52% over this period, indicating that it generates 5.52 cents of profit for every dollar of assets it owns. This suggests that Travel+Leisure Co effectively utilizes its assets to generate profits for its shareholders. The fluctuations in the ROA figures demonstrate the company's ability to adapt to changing economic conditions and manage its assets efficiently. Overall, Travel+Leisure Co's ROA performance reflects a solid operational efficiency and profitability.
Peer comparison
Dec 31, 2023