Travel + Leisure Co (TNL)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 411,000 | 421,000 | 434,000 | 399,000 | 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 |
| Total assets | US$ in thousands | 6,735,000 | 6,698,000 | 6,693,000 | 7,023,000 | 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 |
| ROA | 6.10% | 6.29% | 6.48% | 5.68% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $411,000K ÷ $6,735,000K
= 6.10%
Travel + Leisure Co's return on assets (ROA) has shown fluctuations over the recent quarters. The company's ROA started at a healthy level of 3.76% in March 2020 but declined significantly to 0.05% by June 2020. Subsequently, the ROA remained negative for the next three quarters, reaching its lowest point of -3.36% in December 2020.
However, there was a significant improvement in ROA starting from March 2021, with positive figures recorded in each subsequent quarter. The ROA increased steadily, reaching 6.48% by June 2024. This upward trend indicates that the company's assets are becoming more productive in generating profits.
Overall, Travel + Leisure Co's return on assets has shown a recovery and improvement in profitability, indicating that the company's management may have implemented effective strategies to enhance asset utilization and generate higher returns for shareholders.
Peer comparison
Dec 31, 2024