Travel & Leisure Co.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $230.0M | $411.0M | $396.0M | $357.0M | $308.0M | $-255.0M | $507.0M | $672.0M |
| Depreciation & Amortization | $124.0M | $115.0M | $112.0M | $119.0M | $124.0M | $126.0M | $121.0M | $138.0M |
| Depreciation | $114.0M | $105.0M | $102.0M | $110.0M | — | — | — | — |
| Amortization | $10.0M | $10.0M | $10.0M | $9.0M | $9.0M | $10.0M | $9.0M | $12.0M |
| Stock-Based Compensation | $57.0M | $41.0M | $38.0M | $45.0M | $32.0M | $20.0M | $24.0M | $129.0M |
| Net Cash from Operating Activities | $640.0M | $464.0M | $350.0M | $442.0M | $568.0M | $374.0M | $452.0M | $442.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $117.0M | $81.0M | $74.0M | $52.0M | $57.0M | $69.0M | $108.0M | $99.0M |
| Business Acquisitions | $1.0M | $44.0M | $6.0M | $2.0M | $37.0M | $0 | $51.0M | $5.0M |
| Net Cash from Investing Activities | $-107.0M | $-124.0M | $-80.0M | $-50.0M | $-93.0M | $-65.0M | $-66.0M | $-725.0M |
| Financing Activities | ||||||||
| Dividends Paid | $149.0M | $142.0M | $136.0M | $135.0M | $109.0M | $138.0M | $166.0M | $194.0M |
| Stock Repurchases | $301.0M | $234.0M | $309.0M | $351.0M | $25.0M | $128.0M | $340.0M | $330.0M |
| Net Cash from Financing Activities | $-443.0M | $-458.0M | $-500.0M | $-196.0M | $-1.29B | $502.0M | $-289.0M | $280.0M |
| Net Change in Cash | $97.0M | $-129.0M | $-230.0M | $191.0M | $-820.0M | $815.0M | $98.0M | $-12.0M |
| Free Cash Flow | $523.0M | $383.0M | $276.0M | $390.0M | $511.0M | $305.0M | $344.0M | $343.0M |