Travel & Leisure annual net debt
2009
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2025
Travel & Leisure Net Debt Growth & History (TNL)
Travel & Leisure's net debt was $3.36B for fiscal 2025.
View full Travel & Leisure company overviewTravel & Leisure annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.36B | −$23.0M | −0.68% |
| 2024 | 2024-12-31 | $3.38B | $0 | 0.00% |
| 2023 | 2023-12-31 | $3.38B | $150.0M | +4.64% |
| 2022 | 2022-12-31 | $3.23B | $84.0M | +2.67% |
| 2021 | 2021-12-31 | $3.15B | $1.0M | +0.03% |
| 2020 | 2020-12-31 | $3.15B | $466.0M | +17.39% |
| 2019 | 2019-12-31 | $2.68B | — | — |
| 2017 | 2017-12-31 | $3.86B | $3.95B | — |
| 2016 | 2016-12-31 | −$91.0M | $36.0M | — |
| 2015 | 2015-12-31 | −$127.0M | $9.0M | — |
| 2014 | 2014-12-31 | −$136.0M | $9.0M | — |
| 2013 | 2013-12-31 | −$145.0M | −$276.0M | — |
| 2012 | 2012-12-31 | $131.0M | −$1.88B | −93.49% |
| 2011 | 2011-12-31 | $2.01B | $73.0M | +3.77% |
| 2010 | 2010-12-31 | $1.94B | $1.92B | +9590.00% |
| 2009 | 2009-12-31 | $20.0M | — | — |
Travel & Leisure quarterly net debt
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Q2.10
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.55B | $51.0M | +1.46% |
| Q1 2026 | 2026-03-31 | $3.53B | $150.0M | +4.44% |
| Q4 2025 | 2025-12-31 | $3.36B | −$23.0M | −0.68% |
| Q3 2025 | 2025-09-30 | $3.45B | $13.0M | +0.38% |
| Q2 2025 | 2025-06-30 | $3.50B | $3.0M | +0.09% |
| Q1 2025 | 2025-03-31 | $3.38B | −$91.0M | −2.62% |
| Q4 2024 | 2024-12-31 | $3.38B | $0 | 0.00% |
| Q3 2024 | 2024-09-30 | $3.44B | −$143.0M | −3.99% |
| Q2 2024 | 2024-06-30 | $3.50B | −$60.0M | −1.69% |
| Q1 2024 | 2024-03-31 | $3.47B | $77.0M | +2.27% |
| Q4 2023 | 2023-12-31 | $3.38B | $150.0M | +4.64% |
| Q3 2023 | 2023-09-30 | $3.58B | $247.0M | +7.40% |
| Q2 2023 | 2023-06-30 | $3.56B | $295.0M | +9.05% |
| Q1 2023 | 2023-03-31 | $3.39B | $267.0M | +8.54% |
| Q4 2022 | 2022-12-31 | $3.23B | $84.0M | +2.67% |
| Q3 2022 | 2022-09-30 | $3.34B | $155.0M | +4.87% |
| Q2 2022 | 2022-06-30 | $3.26B | $203.0M | +6.64% |
| Q1 2022 | 2022-03-31 | $3.13B | $62.0M | +2.02% |
| Q4 2021 | 2021-12-31 | $3.15B | $1.0M | +0.03% |
| Q3 2021 | 2021-09-30 | $3.18B | $273.0M | +9.39% |
| Q2 2021 | 2021-06-30 | $3.06B | $214.0M | +7.53% |
| Q1 2021 | 2021-03-31 | $3.06B | $101.0M | +3.41% |
| Q4 2020 | 2020-12-31 | $3.15B | $466.0M | +17.39% |
| Q3 2020 | 2020-09-30 | $2.91B | −$2.38B | −45.04% |
| Q2 2020 | 2020-06-30 | $2.84B | −$2.33B | −45.06% |
| Q1 2020 | 2020-03-31 | $2.96B | −$2.11B | −41.60% |
| Q4 2019 | 2019-12-31 | $2.68B | — | — |
| Q3 2019 | 2019-09-30 | $5.29B | $296.0M | +5.93% |
| Q2 2019 | 2019-06-30 | $5.17B | $2.35B | +83.19% |
| Q1 2019 | 2019-03-31 | $5.07B | $5.21B | — |
| Q3 2018 | 2018-09-30 | $5.00B | $5.24B | — |
| Q2 2018 | 2018-06-30 | $2.83B | $3.20B | — |
| Q1 2018 | 2018-03-31 | −$135.0M | $47.0M | — |
| Q4 2017 | 2017-12-31 | $3.86B | $3.95B | — |
| Q3 2017 | 2017-09-30 | −$247.0M | $52.0M | — |
| Q2 2017 | 2017-06-30 | −$374.0M | $58.0M | — |
| Q1 2017 | 2017-03-31 | −$182.0M | $91.0M | — |
| Q4 2016 | 2016-12-31 | −$91.0M | $36.0M | — |
| Q3 2016 | 2016-09-30 | −$299.0M | −$84.0M | — |
| Q2 2016 | 2016-06-30 | −$432.0M | −$74.0M | — |
| Q1 2016 | 2016-03-31 | −$273.0M | −$146.0M | — |
| Q4 2015 | 2015-12-31 | −$127.0M | $9.0M | — |
| Q3 2015 | 2015-09-30 | −$215.0M | −$12.0M | — |
| Q2 2015 | 2015-06-30 | −$358.0M | −$161.0M | — |
| Q1 2015 | 2015-03-31 | −$127.0M | $24.0M | — |
| Q4 2014 | 2014-12-31 | −$136.0M | $9.0M | — |
| Q3 2014 | 2014-09-30 | −$203.0M | $11.0M | — |
| Q2 2014 | 2014-06-30 | −$197.0M | $93.0M | — |
| Q1 2014 | 2014-03-31 | −$151.0M | −$188.0M | — |
| Q4 2013 | 2013-12-31 | −$145.0M | −$276.0M | — |
| Q3 2013 | 2013-09-30 | −$214.0M | −$46.0M | — |
| Q2 2013 | 2013-06-30 | −$290.0M | −$15.0M | — |
| Q1 2013 | 2013-03-31 | $37.0M | −$2.00B | −98.19% |
| Q4 2012 | 2012-12-31 | $131.0M | −$1.88B | −93.49% |
| Q3 2012 | 2012-09-30 | −$168.0M | −$2.09B | — |
| Q2 2012 | 2012-06-30 | −$275.0M | −$2.02B | — |
| Q1 2012 | 2012-03-31 | $2.04B | $2.20B | — |
| Q4 2011 | 2011-12-31 | $2.01B | $73.0M | +3.77% |
| Q3 2011 | 2011-09-30 | $1.92B | $2.06B | — |
| Q2 2011 | 2011-06-30 | $1.75B | $1.96B | — |
| Q1 2011 | 2011-03-31 | −$162.0M | — | — |
| Q4 2010 | 2010-12-31 | $1.94B | $1.92B | +9590.00% |
| Q3 2010 | 2010-09-30 | −$138.0M | — | — |
| Q2 2010 | 2010-06-30 | −$210.0M | — | — |
| Q4 2009 | 2009-12-31 | $20.0M | — | — |
Travel & Leisure net debt trends
Over the last five fiscal years, Travel & Leisure's net debt increased from $3.15B to $3.36B, a change of $212.0M. The latest reported quarter, Q2 2026, shows $3.55B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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