Travel & Leisure Co.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.81B | $3.69B | $4.88B | $5.28B | $5.01B | $4.53B | $4.25B | $3.85B |
| Cost of Revenue | $150.0M | — | — | — | — | — | — | — |
| Gross Profit | $3.66B | — | — | — | — | — | — | — |
| Gross Margin | 96.1% | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $580.0M | $568.0M | $685.0M | $755.0M | $720.0M | $666.0M | $593.0M | $540.0M |
| Operating Income | $439.0M | $658.0M | $935.0M | $941.0M | $910.0M | $852.0M | $767.0M | $718.0M |
| Operating Margin | 11.5% | 17.8% | 19.2% | 17.8% | 18.2% | 18.8% | 18.0% | 18.6% |
| Interest Expense | $155.0M | $133.0M | $122.0M | $113.0M | $131.0M | $132.0M | $140.0M | $137.0M |
| Pretax Income | $318.0M | $542.0M | $837.0M | $845.0M | $683.0M | $628.0M | $650.0M | $563.0M |
| Income Tax Expense | $-328.0M | $190.0M | $285.0M | $316.0M | $250.0M | $229.0M | $233.0M | $184.0M |
| Net Income | $854.0M | $611.0M | $612.0M | $529.0M | $432.0M | $400.0M | $417.0M | $379.0M |
| Net Margin | 22.4% | 16.5% | 12.5% | 10.0% | 8.6% | 8.8% | 9.8% | 9.8% |
| EPS (Basic) | $8.29 | $5.56 | $5.18 | $4.22 | $3.25 | $2.80 | $2.57 | $2.13 |
| EPS (Diluted) | $8.24 | $5.52 | $5.14 | $4.18 | $3.21 | $2.75 | $2.51 | $2.05 |
| Shares Outstanding (Basic) | 103.0M | 109.9M | 118.0M | 125.0M | 133.0M | 143.0M | 162.0M | 178.0M |
| Shares Outstanding (Diluted) | 103.7M | 110.6M | 119.0M | 127.0M | 135.0M | 145.0M | 166.0M | 185.0M |
| Dividends Per Share | $2.32 | $2.00 | $1.68 | $1.40 | $1.16 | $0.92 | $0.60 | $0.48 |