8-K Announcements
6Apr 16, 2026·SEC
Feb 17, 2026·SEC
Feb 6, 2026·SEC
The Travelers Companies, Inc. (TRV) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
The Travelers Companies, Inc. (TRV) stock price & volume — 10-year historical chart
The Travelers Companies, Inc. (TRV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
The Travelers Companies, Inc. (TRV) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 16, 2026 | $7.71vs $7.07+9.1% | $10.3Bvs $10.7B-3.5% |
| Q1 2026 | Jan 21, 2026 | $11.13vs $8.80+26.5% | $10.9Bvs $11.1B-2.4% |
| Q4 2025 | Oct 16, 2025 | $8.14vs $6.39+27.4% | $12.5Bvs $11.7B+6.7% |
| Q3 2025 | Jul 17, 2025 | $6.51vs $3.65+78.4% | $12.1Bvs $11.6B+4.3% |
The Travelers Companies, Inc. (TRV) competitors in Commercial lines and surety insurers — business model, growth, and fundamentals comparison
The Travelers Companies, Inc. (TRV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
The Travelers Companies, Inc. (TRV) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.9B | 30.28B | 31.58B | 31.98B | 34.82B | 36.9B | 41.37B | 46.43B | 48.83B |
| Revenue Growth % | 4.62% | 4.77% | 4.29% | 1.27% | 8.86% | 5.97% | 12.13% | 12.22% | 5.17% |
| Medical Costs & Claims | 21.63B | 22.67B | 23.73B | 23.9B | 25.34B | 28.37B | 32.44B | 34.03B | 27.22B |
| Medical Cost Ratio % | 74.85% | 74.87% | 75.15% | 74.72% | 72.79% | 76.89% | 78.41% | 73.3% | 55.75% |
| Gross Profit | 7.27B▲ 0% | 7.61B▲ 4.7% | 7.85B▲ 3.1% | 8.09B▲ 3.0% | 9.47B▲ 17.2% | 8.53B▼ 10.0% | 8.93B▲ 4.7% | 12.4B▲ 38.8% | 21.61B▲ 74.3% |
| Gross Margin % | 25.15% | 25.13% | 24.85% | 25.28% | 27.21% | 23.11% | 21.59% | 26.7% | 44.25% |
| Gross Profit Growth % | -15.18% | 4.69% | 3.11% | 3.03% | 17.19% | -10.01% | 4.75% | 38.78% | 74.31% |
| Operating Expenses | 4.54B | 4.65B | 4.71B | 4.85B | 5.02B | 5.17B | 5.56B | 6.22B | 13.81B |
| OpEx / Revenue % | 15.7% | 15.35% | 14.91% | 15.16% | 14.41% | 14.02% | 13.44% | 13.39% | 28.29% |
| Depreciation & Amortization | 813M | 803M | 763M | 789M | 870M | 826M | 722M | 715M | 680M |
| Combined Ratio % | 90.55% | 90.22% | 90.06% | 89.88% | 87.2% | 90.91% | 91.85% | 86.69% | 84.03% |
| Operating Income | 2.73B▲ 0% | 2.96B▲ 8.5% | 3.14B▲ 6.0% | 3.24B▲ 3.2% | 4.46B▲ 37.7% | 3.35B▼ 24.8% | 3.37B▲ 0.5% | 6.18B▲ 83.3% | 7.8B▲ 26.1% |
| Operating Margin % | 9.45% | 9.78% | 9.94% | 10.12% | 12.8% | 9.09% | 8.15% | 13.31% | 15.97% |
| Operating Income Growth % | -32.64% | 8.46% | 5.98% | 3.15% | 37.72% | -24.76% | 0.51% | 83.33% | 26.15% |
| EBITDA | 3.54B | 3.76B | 3.9B | 4.03B | 5.33B | 4.18B | 4.09B | 6.89B | 8.48B |
| EBITDA Margin % | 12.26% | 12.43% | 12.35% | 12.59% | 15.3% | 11.33% | 9.89% | 14.85% | 17.36% |
| Interest Expense | 369M | 352M | 344M | 339M | 340M | 351M | 376M | 392M | 425M |
| Non-Operating Income | -369M | -352M | -344M | -339M | -340M | -351M | -376M | -392M | -425M |
| Pretax Income | 2.73B▲ 0% | 2.96B▲ 8.5% | 3.14B▲ 6.0% | 3.24B▲ 3.2% | 4.46B▲ 37.7% | 3.35B▼ 24.8% | 3.37B▲ 0.5% | 6.18B▲ 83.3% | 7.8B▲ 26.1% |
| Pretax Margin % | 9.45% | 9.78% | 9.94% | 10.12% | 12.8% | 9.09% | 8.15% | 13.31% | 15.97% |
| Income Tax | 674M | 438M | 516M | 540M | 796M | 512M | 380M | 1.18B | 1.51B |
| Effective Tax Rate % | 24.69% | 14.79% | 16.44% | 16.68% | 17.86% | 15.27% | 11.27% | 19.11% | 19.34% |
| Net Income | 2.06B▲ 0% | 2.52B▲ 22.7% | 2.62B▲ 3.9% | 2.7B▲ 2.9% | 3.66B▲ 35.8% | 2.84B▼ 22.4% | 2.99B▲ 5.2% | 5B▲ 67.1% | 6.29B▲ 25.8% |
| Net Margin % | 7.11% | 8.33% | 8.3% | 8.43% | 10.52% | 7.7% | 7.23% | 10.77% | 12.88% |
| Net Income Growth % | -31.79% | 22.71% | 3.92% | 2.86% | 35.78% | -22.39% | 5.24% | 67.13% | 25.79% |
| EPS (Diluted) | 7.33▲ 0% | 9.35▲ 27.6% | 9.92▲ 6.1% | 10.52▲ 6.0% | 14.49▲ 37.7% | 11.77▼ 18.8% | 12.79▲ 8.7% | 21.47▲ 67.9% | 27.43▲ 27.8% |
| EPS Growth % | -28.7% | 27.56% | 6.1% | 6.05% | 37.74% | -18.77% | 8.67% | 67.87% | 27.76% |
| EPS (Basic) | 7.39 | 9.44 | 10.01 | 10.56 | 14.63 | 11.91 | 12.93 | 21.76 | 27.84 |
| Diluted Shares Outstanding | 278.6M | 269.8M | 262.3M | 254.6M | 250.8M | 239.7M | 232.2M | 231.1M | 227.6M |
The Travelers Companies, Inc. (TRV) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 103.48B | 104.23B | 110.12B | 116.76B | 120.47B | 115.72B | 125.98B | 133.19B | 143.71B |
| Asset Growth % | 3.23% | 0.72% | 5.65% | 6.03% | 3.17% | -3.94% | 8.87% | 5.72% | 7.9% |
| Total Investment Assets | 72.5B | 72.28B | 77.88B | 84.42B | 87.38B | 80.45B | 88.81B | 94.22B | 101.18B |
| Long-Term Investments | 68.04B | 67.82B | 73.5B | 80B | 82.54B | 75.44B | 83.55B | 89.12B | 95.47B |
| Short-Term Investments | 67.59B | 67.45B | 73.08B | 79.51B | 82.54B | 75.44B | 83.55B | 24.79B | 5.72B |
| Total Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.44B |
| Cash & Equivalents | 344M | 373M | 494M | 721M | 761M | 799M | 500M | 568M | 842M |
| Receivables | 20.23B | 20.66B | 20.74B | 20.42B | 20.43B | 20.56B | 21.67B | 22.28B | 14.88B |
| Other Current Assets | -88.71B | -89.06B | -95B | -101.43B | -104.63B | -97.82B | -106.88B | -48.84B | 0 |
| Goodwill & Intangibles | 4.29B | 4.28B | 4.29B | 4.29B | 4.31B | 4.24B | 4.25B | 4.59B | 4.4B |
| Goodwill | 3.95B | 3.94B | 3.96B | 3.98B | 4.01B | 3.95B | 3.98B | 4.23B | 4.07B |
| Intangible Assets | 342M | 345M | 330M | 317M | 306M | 287M | 277M | 360M | 336M |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | -72.33B | -72.1B | -77.79B | -84.29B | -86.85B | -79.68B | -87.81B | -93.71B | 21.52B |
| Total Liabilities | 79.75B | 81.34B | 84.18B | 87.56B | 91.58B | 94.16B | 101.06B | 105.33B | 110.81B |
| Total Debt | 6.57B | 6.56B | 6.56B | 6.55B | 7.29B | 7.29B | 8.03B | 8.03B | 9.27B |
| Net Debt | 6.23B | 6.19B | 6.06B | 5.83B | 6.53B | 6.49B | 7.53B | 7.46B | 8.43B |
| Long-Term Debt | 5.97B | 5.96B | 5.96B | 6.55B | 7.19B | 7.19B | 7.93B | 7.93B | 9.27B |
| Short-Term Debt | 600M | 600M | 600M | 0 | 100M | 100M | 100M | 100M | 0 |
| Total Current Liabilities | 5.65B | 5.67B | 0 | 4.62B | 4.39B | 4.12B | 3.89B | 3.84B | 91.72B |
| Accounts Payable | 5.05B | 5.07B | 4.98B | 4.62B | 4.29B | 4.01B | 3.79B | 3.74B | 3.56B |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | -5.58B | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 |
| Other Liabilities | 68.13B | 69.7B | -6.09B | 75.84B | 79.7B | 82.85B | 89.24B | 93.55B | 9.82B |
| Total Equity | 23.73B▲ 0% | 22.89B▼ 3.5% | 25.94B▲ 13.3% | 29.2B▲ 12.6% | 28.89B▼ 1.1% | 21.56B▼ 25.4% | 24.92B▲ 15.6% | 27.86B▲ 11.8% | 32.89B▲ 18.1% |
| Equity Growth % | 2.2% | -3.53% | 13.32% | 12.56% | -1.08% | -25.36% | 15.59% | 11.81% | 18.05% |
| Shareholders Equity | 23.73B | 22.89B | 25.94B | 29.2B | 28.89B | 21.56B | 24.92B | 27.86B | 32.89B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 33.46B | 35.2B | 36.98B | 38.77B | 41.55B | 43.52B | 45.59B | 49.63B | 54.93B |
| Common Stock | 22.89B | 23.14B | 23.47B | 23.74B | 24.15B | 24.57B | 24.91B | 25.45B | 25.91B |
| Accumulated OCI | -343M | -1.86B | 640M | 2.5B | 1.19B | -6.45B | -4.47B | -4.97B | -2.5B |
| Return on Equity (ROE) | 8.76% | 10.82% | 10.74% | 9.78% | 12.61% | 11.27% | 12.87% | 18.94% | 20.7% |
| Return on Assets (ROA) | 2.02% | 2.43% | 2.45% | 2.38% | 3.09% | 2.41% | 2.48% | 3.86% | 4.54% |
| Equity / Assets | 22.93% | 21.96% | 23.56% | 25.01% | 23.98% | 18.63% | 19.78% | 20.92% | 22.89% |
| Debt / Equity | 0.28x | 0.29x | 0.25x | 0.22x | 0.25x | 0.34x | 0.32x | 0.29x | 0.28x |
| Book Value per Share | 85.18 | 84.86 | 98.91 | 114.69 | 115.18 | 89.95 | 107.33 | 120.57 | 144.53 |
| Tangible BV per Share | 69.77 | 68.98 | 82.55 | 97.83 | 97.98 | 72.26 | 89.01 | 100.70 | 125.18 |
The Travelers Companies, Inc. (TRV) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 4.15B | 4.38B | 5.21B | 6.52B | 7.27B | 6.46B | 7.71B | 9.07B | 10.61B |
| Operating CF Growth % | -7.18% | 5.59% | 18.84% | 25.25% | 11.58% | -11.12% | 19.27% | 17.68% | 16.88% |
| Operating CF / Revenue % | 14.35% | 14.46% | 16.48% | 20.38% | 20.89% | 17.52% | 18.64% | 19.54% | 21.72% |
| Net Income | 2.06B | 2.52B | 2.62B | 2.7B | 3.66B | 2.84B | 2.99B | 5B | 6.29B |
| Depreciation & Amortization | 813M | 803M | 763M | 789M | 870M | 826M | 722M | 715M | 680M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 337M | -13M | -33M | -29M | 62M | -186M | -163M | -152M | 0 |
| Other Non-Cash Items | 3.55B | 3.9B | 4.24B | 4.77B | 4.63B | 5.43B | 6.82B | 7.26B | -75M |
| Working Capital Changes | -2.61B | -2.83B | -2.38B | -1.71B | -1.95B | -2.44B | -2.66B | -3.75B | 3.71B |
| Cash from Investing | -2.2B | -2.33B | -2.9B | -4.89B | -5.2B | -3.73B | -6.82B | -7.26B | -7.65B |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | -439M | -4M | 0 | 0 | -38M | -4M | 0 | -382M | 0 |
| Purchase of Investments | -13.32B | -13.33B | -12.26B | -15.29B | -19.1B | -16.62B | -18.04B | -17.65B | -20.24B |
| Sale/Maturity of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Investing | -277M | -318M | -432M | -443M | -276M | -416M | -529M | -392M | -389M |
| Cash from Financing | -1.92B | -2.01B | -2.19B | -1.42B | -2.04B | -2.67B | -1.05B | -1.75B | -2.66B |
| Dividends Paid | -785M | -814M | -844M | -861M | -869M | -875M | -908M | -951M | -979M |
| Share Repurchases | -1.44B | -1.32B | -1.55B | -672M | -2.2B | -2.06B | -1.02B | -1.12B | -3.13B |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 214M |
| Debt Issuance (Net) | 1000K | -1000K | -1000K | -1000K | 1000K | 0 | 1000K | 0 | 1000K |
| Other Financing | 173M | 132M | 213M | 127M | 293M | 267M | 141M | 321M | 0 |
| Net Change in Cash | 37M▲ 0% | 29M▼ 21.6% | 121M▲ 317.2% | 227M▲ 87.6% | 40M▼ 82.4% | 38M▼ 5.0% | -149M▼ 492.1% | 49M▲ 132.9% | 143M▲ 191.8% |
| Exchange Rate Effect | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K |
| Cash at Beginning | 307M | 344M | 373M | 494M | 721M | 761M | 799M | 650M | 699M |
| Cash at End | 344M | 373M | 494M | 721M | 761M | 799M | 650M | 699M | 842M |
| Free Cash Flow | 4.15B▲ 0% | 4.38B▲ 5.6% | 5.21B▲ 18.8% | 6.52B▲ 25.2% | 7.27B▲ 11.6% | 6.46B▼ 11.1% | 7.71B▲ 19.3% | 9.07B▲ 17.7% | 0▼ 100.0% |
| FCF Growth % | -7.18% | 5.59% | 18.84% | 25.25% | 11.58% | -11.12% | 19.27% | 17.68% | -100% |
| FCF Margin % | 14.35% | 14.46% | 16.48% | 20.38% | 20.89% | 17.52% | 18.64% | 19.54% | 0% |
| FCF per Share | 14.89 | 16.23 | 19.84 | 25.6 | 29 | 26.97 | 33.21 | 39.26 | - |
The Travelers Companies, Inc. (TRV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 85.33% | 90.55% | 90.22% | 90.06% | 89.88% | 87.2% | 90.91% | 91.85% | 86.69% | 84.03% |
| Medical Cost Ratio | 68.98% | 74.85% | 74.87% | 75.15% | 74.72% | 72.79% | 76.89% | 78.41% | 73.3% | 55.75% |
| Return on Equity (ROE) | 12.88% | 8.76% | 10.82% | 10.74% | 9.78% | 12.61% | 11.27% | 12.87% | 18.94% | 20.7% |
| Return on Assets (ROA) | 3.01% | 2.02% | 2.43% | 2.45% | 2.38% | 3.09% | 2.41% | 2.48% | 3.86% | 4.54% |
| Equity / Assets | 23.16% | 22.93% | 21.96% | 23.56% | 25.01% | 23.98% | 18.63% | 19.78% | 20.92% | 22.89% |
| Book Value / Share | 79.8 | 85.18 | 84.86 | 98.91 | 114.69 | 115.18 | 89.95 | 107.33 | 120.57 | 144.53 |
| Debt / Equity | 0.28x | 0.28x | 0.29x | 0.25x | 0.22x | 0.25x | 0.34x | 0.32x | 0.29x | 0.28x |
| Revenue Growth | 3.02% | 4.62% | 4.77% | 4.29% | 1.27% | 8.86% | 5.97% | 12.13% | 12.22% | 5.17% |
The Travelers Companies, Inc. (TRV) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 16, 2026·SEC
Feb 17, 2026·SEC
Feb 6, 2026·SEC
The Travelers Companies, Inc. (TRV) stock FAQ — growth, dividends, profitability & financials explained
The Travelers Companies, Inc. (TRV) grew revenue by 5.2% over the past year. This is steady growth.
Yes, The Travelers Companies, Inc. (TRV) is profitable, generating $6.29B in net income for fiscal year 2025 (12.9% net margin).
Yes, The Travelers Companies, Inc. (TRV) pays a dividend with a yield of 1.43%. This makes it attractive for income-focused investors.
The Travelers Companies, Inc. (TRV) has a return on equity (ROE) of 20.7%. This is excellent, indicating efficient use of shareholder capital.
The Travelers Companies, Inc. (TRV) has a combined ratio of 84.0%. A ratio below 100% indicates underwriting profitability.
The Travelers Companies, Inc. (TRV) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates