Last 47 quarters of trend data · Financial Services · Insurance - Property & Casualty
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
The Travelers Companies, Inc.'s quarterly P/E stands at 6.6x, down 2.5% year-over-year.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 10.90 | 6.56 | 8.47 | 10.24 | 38.89 | 6.72 | 10.80 | 22.20 | 11.96 | 6.82 | 23.46 | — | 10.38 |
| — | -2.5% | -21.6% | -53.9% | +225.1% | -1.5% | -54.0% | — | +15.3% | -49.9% | +17.0% | — | -5.1% | |
| P/S Ratio | 1.32 | 1.31 | 1.27 | 1.27 | 1.29 | 1.16 | 1.13 | 1.04 | 1.19 | 1.01 | 0.89 | 0.99 | 1.04 |
| — | +13.0% | +12.3% | +21.4% | +8.5% | +14.9% | +27.8% | +5.6% | +14.9% | -12.4% | -9.3% | -11.5% | -18.1% | |
| P/B Ratio | 2.07 | 1.98 | 2.01 | 2.08 | 2.16 | 1.99 | 1.95 | 1.89 | 2.13 | 1.77 | 1.89 | 1.83 | 1.74 |
| — | -1.0% | +3.1% | +9.8% | +1.3% | +12.9% | +3.2% | +3.7% | +22.4% | -14.0% | +3.2% | +2.4% | -0.1% | |
| P/FCF | — | — | 3.76 | 6.57 | 11.20 | 6.73 | 3.48 | 7.02 | 9.16 | 5.23 | 3.10 | 6.44 | 9.93 |
| — | — | +7.9% | -6.4% | +22.3% | +28.7% | +12.4% | +9.0% | -7.8% | -36.7% | -15.6% | -13.2% | +12.9% | |
| EV / EBITDA | 8.62 | 5.62 | 7.19 | 8.42 | 26.01 | 5.72 | 8.83 | 16.22 | 9.70 | 5.89 | 17.62 | 90.30 | 10.31 |
| — | -1.7% | -18.6% | -48.1% | +168.1% | -2.9% | -49.9% | -82.0% | -6.0% | -45.6% | +18.6% | +561.2% | +14.4% | |
| EV / EBIT | 9.37 | 5.70 | 7.35 | 8.69 | 30.09 | 5.85 | 9.24 | 18.03 | 10.35 | 6.09 | 19.82 | 268.84 | 11.49 |
| — | -2.6% | -20.4% | -51.8% | +190.8% | -3.8% | -53.4% | -93.3% | -10.0% | -48.5% | +13.6% | +1591.7% | +14.2% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
The Travelers Companies, Inc.'s operating margin was 25.0% in Q4 2025, up 6.2 pp QoQ and up 3.4 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 15.8% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 52.9% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.3% | 53.1% | 47.1% | 29.1% | 17.2% | 34.7% | 26.2% | 19.8% | 25.6% | 31.2% | 17.7% | 13.4% | 23.5% |
| — | +52.9% | +79.9% | +47.1% | -33.0% | +11.2% | +48.0% | +47.8% | +8.8% | +32.0% | -9.4% | -37.8% | -15.8% | |
| Operating Margin | 16.0% | 25.0% | 18.8% | 15.5% | 4.0% | 21.6% | 13.1% | 5.8% | 12.2% | 18.5% | 4.4% | -0.5% | 9.6% |
| — | +15.6% | +43.4% | +167.0% | -67.5% | +17.0% | +195.3% | +1323.2% | +27.6% | +80.3% | -21.7% | -106.6% | -28.7% | |
| Net Margin | 12.9% | 20.1% | 15.1% | 12.5% | 3.3% | 17.3% | 10.6% | 4.7% | 10.0% | 14.9% | 3.8% | -0.1% | 10.0% |
| — | +15.8% | +43.0% | +163.2% | -66.6% | +16.6% | +178.6% | +3514.7% | -0.5% | +75.0% | -22.1% | -102.3% | -13.1% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.7% | 7.7% | 6.2% | 5.2% | 1.4% | 7.5% | 4.8% | 2.1% | 4.5% | 7.2% | 1.9% | -0.1% | 4.4% |
| — | +3.3% | +28.8% | +144.3% | -68.7% | +3.5% | +148.2% | +3531.1% | +2.9% | +83.4% | -9.0% | -102.7% | +16.8% | |
| ROA | 4.5% | 1.7% | 1.3% | 1.1% | 0.3% | 1.6% | 1.0% | 0.4% | 0.9% | 1.3% | 0.3% | -0.0% | 0.8% |
| — | +11.7% | +40.0% | +164.0% | -66.9% | +18.3% | +186.0% | +3655.6% | +6.4% | +84.6% | -15.1% | -102.5% | -2.2% | |
| ROIC | 15.3% | 5.7% | 4.5% | 3.9% | 1.0% | 5.5% | 3.5% | 1.5% | 3.2% | 5.1% | 1.2% | -0.1% | 2.4% |
| — | +3.0% | +30.4% | +155.2% | -68.7% | +9.4% | +179.2% | +1346.4% | +31.2% | +86.1% | -11.9% | -107.6% | -8.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The Travelers Companies, Inc.'s Debt/EBITDA ratio is 2.8x, down from 3.7x last quarter — at a moderate level that warrants monitoring.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.28 | 0.28 | 0.29 | 0.27 | 0.28 | 0.29 | 0.29 | 0.32 | 0.32 | 0.32 | 0.40 | 0.37 | 0.32 |
| — | -2.3% | +1.1% | -15.8% | -11.2% | -10.5% | -27.8% | -12.1% | +1.5% | -4.7% | +9.8% | +15.3% | +10.8% | |
| Debt / EBITDA | 1.09 | 2.84 | 3.69 | 3.93 | 12.25 | 2.91 | 4.63 | 9.58 | 5.13 | 3.67 | 12.53 | 61.31 | 6.44 |
| — | -2.6% | -20.3% | -59.0% | +138.7% | -20.6% | -63.0% | -84.4% | -20.4% | -40.9% | +24.2% | +629.0% | +25.1% | |
| Current Ratio | 0.23 | 0.23 | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Quick Ratio | 0.23 | 0.23 | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Interest Coverage | 18.34 | 26.75 | 21.12 | 19.00 | 4.73 | 26.47 | 15.92 | 6.69 | 13.98 | 20.60 | 4.82 | -0.52 | 10.55 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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The Travelers Companies, Inc.'s current P/E is 10.9x. The average P/E over the last 4 quarters is 16.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
The Travelers Companies, Inc.'s current operating margin is 16.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking The Travelers Companies, Inc.'s business trajectory between earnings reports.