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Travel + Leisure — Oct 22, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001361658-25-000313
Open on SEC.gov ↗
Showing in the filing
Adjusted EBITDA mid-point
“$975 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Adjusted EBITDA mid-point for FY2025
“$975 million”
Dividend for Q4 FY2025
“$0.56 per share”
Adjusted EBITDA for FY2025
“$965 million to $985 million”
Adjusted EBITDA for FY2025
“$965 million to $985 million”
Gross VOI sales for FY2025
“$2.45 billion to $2.50 billion”
VPG for FY2025
“$3,250 to $3,275”
Exhibit 99.1 · the passage around this item
… earlier in the release
Highlights and outlook include: • Net income of $111 million, $1.67 diluted earnings per share, on net revenue of $1.04 billion • Adjusted EBITDA of $266 million and Adjusted diluted earnings per share of $1.80 (1) • Vacation Ownership revenue of $876 million, up 6 percent year-over-year • Volume per guest (VPG) of $3,304, a 10 percent increase year-over-year • Increasing mid-point of full year Adjusted EBITDA guidance to $975 million, with a new range of $965 million to $985 million • Returned $106 million to shareholders through $36 million of dividends and $70 million of share repurchases “Travel + Leisure Co. delivered another exceptional quarter, exceeding the high end of our Adjusted EBITDA guidance and achieving our 18th consecutive quarter with a VPG above $3,000. Thanks to the incredible work of our associates, we continue to execute on our strategy and drive long-term value for our shareholders.” said Michael D. Brown, President and CEO of Travel + Leisure Co. “This quarter marked exciting progress in our multi-brand strategy with the launch of the Eddie Bauer Adventure Club and the announcement of a new Sports Illustrated Resort in Chicago. These partnerships expand our reach to new audiences, strengthen our brand portfolio, and reinforce our ability to deliver exceptional vacation experiences.” (1) This press release includes Adjusted EBITDA, Adjusted diluted EPS, Adjusted free cash flow, Gross VOI sales, Adjusted net income, Adjusted pre-tax income and Adjusted EBITDA margin, which are measures that are not calculated in accordance with Generally Accepted Accounting Principles in the U.S. (“GAAP”).
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.