Travel+Leisure Co (LTS:0M1K) Gross Margin %: 94.17% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0M1K Travel+Leisure Co LTS:0M1K
82 GF Score
Price $58.15
GF Value $45.20
! 9 Warning Signs
View Full Analysis

What is Travel+Leisure Co Gross Margin %?

Travel+Leisure Co LTS:0M1K 82 Gross Margin % is 94.17% as of Jun. 2026, which is 1% above its 10-year median of 93.43. GuruFocus rates LTS:0M1K with a GF Score™ of 82/100 and a GF Value™ of $45.20. The stock has 9 warning signs investors should review. Among 789 Travel & Leisure companies, Travel+Leisure Co ranks better than 93.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Travel+Leisure Co's Gross Profit for the three months ended in Jun. 2026 was $1,001 Mil. Travel+Leisure Co's Revenue for the three months ended in Jun. 2026 was $1,063 Mil. Therefore, Travel+Leisure Co's Gross Margin % for the quarter that ended in Jun. 2026 was 94.17%.


The historical rank and industry rank for Travel+Leisure Co's Gross Margin % or its related term are showing as below:

LTS:0M1K' s Gross Margin % Range Over the Past 10 Years
Min: 89.67   Med: 93.43   Max: 95.23
Current: 89.67


During the past 13 years, the highest Gross Margin % of Travel+Leisure Co was 95.23%. The lowest was 89.67%. And the median was 93.43%.

LTS:0M1K's Gross Margin % is ranked better than
93.66% of 789 companies
in the Travel & Leisure industry
Industry Median: 43.52 vs LTS:0M1K: 89.67

Travel+Leisure Co had a gross margin of 94.17% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Travel+Leisure Co was -0.70% per year.


Travel+Leisure Co  (LTS:0M1K) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Travel+Leisure Co had a gross margin of 94.17% for the quarter that ended in Jun. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Travel+Leisure Co Gross Margin % Related Terms


Travel+Leisure Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Travel+Leisure Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Travel+Leisure Co Gross Margin % Chart

Travel+Leisure Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.41 93.38 93.47 94.10 89.85

Travel+Leisure Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.60 95.59 75.71 92.92 94.17

LTS:0M1K vs GBTG, MMYT, LIND: Gross Margin % Comparison

For the Travel Services subindustry, Travel+Leisure Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Travel+Leisure Co Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Travel+Leisure Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Travel+Leisure Co's Gross Margin % falls into.


LTS:0M1K
82GF Score
Travel+Leisure Co LTS:0M1K
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Travel+Leisure Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Travel+Leisure Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=3613 / 4021
=(Revenue - Cost of Goods Sold) / Revenue
=(4021 - 408) / 4021
=89.85 %

Travel+Leisure Co's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=1001 / 1063
=(Revenue - Cost of Goods Sold) / Revenue
=(1063 - 62) / 1063
=94.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 94.17% mean?
Travel+Leisure Co (LTS:0M1K) has a Gross Margin % of 94.17% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Travel+Leisure Co and its competitors. This is near median its historical median of 93.43. Over the past decade, Travel+Leisure Co's Gross Margin % has ranged from 89.67 to 95.23. According to the industry distribution chart, Travel+Leisure Co ranks #50 out of 789 companies in the Travel & Leisure industry, placing it in the top 6.3%.
Is Travel+Leisure Co's Gross Margin % too high?
Travel+Leisure Co's current Gross Margin % of 94.17% is near median its 10-year median of 93.43. Over the past 10 years, this metric has ranged from a low of 89.67 to a high of 95.23. The Travel & Leisure industry median Gross Margin % is 43.52. Travel+Leisure Co's value of 94.17% is 116.4% above this industry median. Based on the distribution chart, Travel+Leisure Co ranks #50 out of 789 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Travel+Leisure Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Travel+Leisure Co's Gross Margin % compare to GBTG and MMYT?
According to the Travel & Leisure industry distribution chart, Travel+Leisure Co ranks #50 out of 789 companies for Gross Margin %. This places Travel+Leisure Co in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 43.52. Travel+Leisure Co's value of 94.17% is 116.4% above this benchmark. Historically, Travel+Leisure Co's own Gross Margin % has ranged from 89.67 to 95.23 over the past decade. While the company's 10-year median is 93.43 vs. the industry median of 43.52, Travel+Leisure Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.52, based on 789 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Travel+Leisure Co's current Gross Margin % of 94.17% is 116.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Travel+Leisure Co and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Travel+Leisure Co's current Gross Margin % is 94.17%, which is near median its own 10-year median of 93.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel+Leisure Co stock overvalued right now?
Travel+Leisure Co (LTS:0M1K) has a current Gross Margin % of 94.17%. The stock's GF Value™ is $45.20, compared to a current price of $58.15 — trading 28.7% above its estimated fair value. The current Gross Margin % is 94.17%, which is near median its 10-year median of 93.43 and 116.4% above the Travel & Leisure industry median of 43.52. Travel+Leisure Co's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Travel+Leisure Co (LTS:0M1K), the current Gross Margin % is 94.17% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Travel+Leisure Co (LTS:0M1K) Overvalued in 2026?

Based on GuruFocus' analysis, Travel+Leisure Co stock appears to be overvalued. The current stock price of $58.15 is trading 28.7% above its estimated GF Value™ of $45.20.

Key valuation signals for LTS:0M1K:

  • Gross Margin %: 94.17% (near median its 10-year median of 93.43)
  • GF Value™: $45.20 vs. price of $58.15 (28.7% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 116.4% above the Travel & Leisure median (#50 of 789)

No single metric tells the full story. See the LTS:0M1K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Travel+Leisure Co Business Description

Other Exchanges TNL:USAWD5A:Germany
Address 501 West Church Street, Orlando, FL, USA, 32805
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts, and Travel and Membership which operates a variety of travel businesses, including two vacation exchange brands, Vacation Ownership and Travel and Membership The majority of the revenue is earned from the United States.
82GF Score

Get the complete analysis for LTS:0M1K

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$58.15
Price
$45.20
GF Value