---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-25-000008"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T10:47:28.799843+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Travel+Leisure posts Q4 EPS $1.72 (adj $1.72); FY25 EBITDA guidance $955-985M

## Summary
- Q4 net income $119M ($1.72 diluted EPS) on revenue $971M; FY net income $411M ($5.82 diluted EPS) on revenue $3.9B.
- Q4 Adjusted EBITDA $252M, FY $929M; FY25 guidance $955-985M, Q1 2025 guidance $195-205M.
- Vacation Ownership revenue up 5% Q4, Adjusted EBITDA up 7% to $222M; VPG up 7%, tours up 2%.
- Board to consider raising Q1 2025 dividend to $0.56/share from $0.50; $235M in share repurchases in 2024.
- Refinanced $282M debt, repriced term loans; year-end liquidity $970M including revolver.

## SEC filing metadata
- accession: 0001361658-25-000008
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000008/0001361658-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000008/wyn-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-25-000008
- JSON: https://secwatch.observer/filing/0001361658-25-000008.json
- Plain text: https://secwatch.observer/filing/0001361658-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.