Travel + Leisure Co (TNL)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 411,000 | 396,000 | 357,000 | 308,000 | -255,000 |
Total stockholders’ equity | US$ in thousands | -881,000 | -918,000 | -913,000 | -801,000 | -975,000 |
ROE | — | — | — | — | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $411,000K ÷ $-881,000K
= —
Based on the provided data, Travel + Leisure Co's return on equity (ROE) for the years ending December 31, 2020 through December 31, 2024 is not available (denoted by "—"). Without specific ROE figures, it is challenging to assess the company's efficiency in generating profits from shareholders' equity over these years.
ROE is a key financial metric that indicates how well a company utilizes shareholder funds to generate profits. A higher ROE typically implies better performance and effective utilization of equity capital. Conversely, a lower ROE may signify inefficiencies or challenges in generating returns for shareholders.
Given the absence of the ROE data for the specified years, it is important for investors and stakeholders to await further information or perform a more detailed analysis to evaluate Travel + Leisure Co's financial performance and assess its strategic direction in leveraging equity to drive profitability.
Peer comparison
Dec 31, 2024