Travel & Leisure Co.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 17.8% | 16.5% |
| FY2017 | 96.1% | 11.5% | 22.4% |
| FY2018 | 95.3% | 13.3% | 17.1% |
| FY2019 | 95.4% | 20.1% | 12.5% |
| FY2020 | 99.9% | -4.9% | -11.8% |
| FY2021 | 95.0% | 19.7% | 9.8% |
| FY2022 | 95.6% | 18.3% | 10.0% |
| FY2023 | 96.5% | 19.2% | 10.6% |
| FY2024 | 97.6% | 19.0% | 10.6% |
| FY2025 | 93.2% | 13.8% | 5.7% |