Event-Driven Stocks

Travel & Leisure Co.

TNLNYSE

Consumer Discretionary · Hotels & Motels · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 4 good● 1 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$4.02B$3.86B$3.75B$3.57B$3.13B$2.16B
Operating income$553.0M$733.0M$720.0M$653.0M$618.0M−$105.0M
Net income$230.0M$411.0M$396.0M$357.0M$308.0M−$255.0M
Total assets$6.76B$6.74B$6.74B$6.76B$6.59B$7.61B
Total liabilities$7.74B$7.62B$7.66B$7.66B$7.38B$8.58B
Equity−$981.0M−$881.0M−$918.0M−$913.0M−$801.0M−$975.0M
EPS (diluted)$3.44$5.82$5.28$4.24$3.52$-2.97
Shares out.66.7M71.0M77.6M85.7M85.9M87.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
13.8%
Net margin
5.7%
Return on equity
−23.4%
Return on assets
3.4%
Return on capital (ROCE)
—
Liabilities / assets
114.5%
Debt / equity
—
Book value / share
$-14.71
Revenue growth (YoY)
4.1%
Net income growth (YoY)
−44.0%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
−6.1%clean
Piotroski F-Score
5/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
52
/ 100
Profitability 75Growth 50Catalyst 33Earnings quality 100Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 1 severe● 1 warning● 4 good
  • Negative shareholder equity
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20263.4M3.9+14.6%
Apr 30, 20263.0M2.4+7.6%
Apr 15, 20262.8M4.1+12.9%
Mar 31, 20262.5M3.9+0.0%
Mar 13, 20262.5M3.7-13.4%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.