Operating margin · 2016–2025
Travel & Leisure operating margin
13.8%−27.5% · FY2025
Travel & Leisure (TNL) reported 13.8% in operating margin for fiscal 2025, −27.5% year on year.
| Fiscal year | Operating margin | Change | Filing |
|---|---|---|---|
| FY2025 | 13.8% | −27.5% | Derived |
| FY2024 | 19.0% | −1.2% | Derived |
| FY2023 | 19.2% | +4.9% | Derived |
| FY2022 | 18.3% | −7.2% | Derived |
| FY2021 | 19.7% | +24.6 pp | Derived |
| FY2020 | −4.9% | −24.9 pp | Derived |
| FY2019 | 20.1% | +51.0% | Derived |
| FY2018 | 13.3% | +15.3% | Derived |
| FY2017 | 11.5% | −35.3% | Derived |
| FY2016 | 17.8% | — | Derived |
Operating margin — Operating margin is operating income divided by revenue. Only companies with at least $1 billion in revenue are ranked here.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth −2.8%
Calculated from two reported figures, so it has no single filing of its own.
Operating margin at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Travel & Leisure operating margin |url=https://companiesranked.com/en/company/travel-and-leisure/operating-margin |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Travel & Leisure operating margin. CompaniesRanked. https://companiesranked.com/en/company/travel-and-leisure/operating-marginBibTeX
@misc{companiesranked-en-company-travel-and-leisure-operating-margin-2026,
author = {{CompaniesRanked}},
title = {{Travel \& Leisure operating margin}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/travel-and-leisure/operating-margin}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.