v3.25.2
Condensed Consolidated Statements Of Income/(Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net revenues        
Net revenues $ 1,018 $ 985 $ 1,951 $ 1,900
Expenses        
Operating 457 442 902 880
Marketing 152 144 276 265
General and administrative 116 128 236 239
Consumer financing interest 34 33 68 66
Depreciation and amortization 31 28 61 56
Cost of vacation ownership interests 21 21 45 55
Asset impairments, net 1 0 1 0
Total expenses 812 796 1,589 1,561
Operating income 206 189 362 339
Interest expense 57 63 115 127
Other (income), net (1) (4) (2) (5)
Interest (income) (2) (3) (4) (8)
Income before income taxes 152 133 253 225
Provision for income taxes 44 36 72 62
Net income from continuing operations 108 97 181 163
Gain on disposal of discontinued business, net of income taxes 0 32 0 32
Net income attributable to Travel + Leisure Co. shareholders $ 108 $ 129 $ 181 $ 195
Basic earnings per share        
Continuing operations [1] $ 1.63 $ 1.36 $ 2.71 $ 2.29
Discontinued operations [1] 0 0.46 0 0.45
Basic earnings per share [1] 1.63 1.82 2.71 2.74
Diluted earnings per share        
Continuing operations [1] 1.62 1.36 2.68 2.28
Discontinued operations [1] 0 0.45 0 0.45
Diluted earnings per share [1] $ 1.62 $ 1.81 $ 2.68 $ 2.73
Vacation ownership interest sales        
Net revenues        
Net revenues $ 474 $ 441 $ 858 $ 810
Service and membership fees        
Net revenues        
Net revenues 407 413 823 832
Consumer financing        
Net revenues        
Net revenues 112 111 224 221
Other        
Net revenues        
Net revenues $ 25 $ 20 $ 46 $ 37
[1] Earnings per share amounts are calculated using whole numbers.

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