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Travelers Compan Financials

TRV
Trailing 12 months to June 30, 2026
Revenue $49.0B +2.4% YoY
Net Income $8.3B +58.3% YoY
EPS (Diluted) $37.26 +64.8% YoY
Free Cash Flow Not reported for the trailing 12 months
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Travelers Compan (TRV) reported $49.0B in revenue over the twelve months to Jun 30, 2026, up 2.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TRV FY2025

Earnings recovery converted into cash while lower leverage and repurchases reshaped the company’s capital structure.

The key shift is earnings quality: net margin rose from 7.2% to 12.9%, indicating a much larger share of revenue reached the bottom line. In the latest year, operating cash flow of $10.6B exceeded net income of $6.3B, showing that reported profitability was accompanied by strong cash realization rather than relying solely on accounting earnings.

Balance-sheet capacity improved as debt-to-equity declined from 4.1x to 3.4x, reducing the liabilities burden relative to shareholders’ capital. Equity also expanded from $24.9B to $32.9B, so the leverage improvement reflected both lower relative debt and a stronger capital base.

Capital allocation became more assertive: the latest year included $3.0B of share repurchases, alongside a share count of 216.2M. That combination directs part of the cash-generation improvement to per-share ownership while leaving the balance sheet less leveraged than in earlier periods.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Loss Ratio PremiumGrowth Capital Investment Yield CombinedRatio Stability 46 / 100
Financial Health Score 46/100
Scored as: Insurers peer group

Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Travelers Compan's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Loss Ratio
46
Premium Growth
43
Capital
46
Investment Yield
0

Not available for Travelers Compan, and counted as zero in the overall score.

Combined Ratio
66
Stability
74
Piotroski F-Score Partial
5/6

Travelers Compan passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.69x

For every $1 of reported earnings, Travelers Compan generates $1.69 in operating cash flow ($10.6B OCF vs $6.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$48.8B
YoY+5.2%
5Y CAGR+8.8%
10Y CAGR+6.2%

Travelers Compan generated $48.8B in revenue in fiscal year 2025. This represents an increase of 5.2% from the prior year.

Net Income
$6.3B
YoY+25.8%
5Y CAGR+18.4%
10Y CAGR+6.2%

Travelers Compan reported $6.3B in net income in fiscal year 2025. This represents an increase of 25.8% from the prior year.

EPS (Diluted)
$27.43
YoY+27.8%
5Y CAGR+21.1%
10Y CAGR+9.7%

Travelers Compan earned $27.43 per diluted share (EPS) in fiscal year 2025. This represents an increase of 27.8% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt
$842.0M
YoY+20.5%
5Y CAGR+3.2%
10Y CAGR+8.3%

Travelers Compan held $842.0M in cash as of fiscal year 2025; long-term debt is not reported for that period.

Shares Outstanding
216M
YoY-4.6%
5Y CAGR-3.0%
10Y CAGR-3.1%

Travelers Compan had 216M shares outstanding in fiscal year 2025. This represents a decrease of 4.6% from the prior year.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Net Margin
12.9%
YoY+2.1pp
5Y CAGR+4.5pp
10Y CAGR+0.1pp

Travelers Compan's net profit margin was 12.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.1 percentage points from the prior year.

Return on Equity
19.1%
YoY+1.2pp
5Y CAGR+9.9pp
10Y CAGR+4.6pp

Travelers Compan's ROE was 19.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks
$3.0B
YoY+199.5%
5Y CAGR+36.9%
10Y CAGR-0.5%

Travelers Compan spent $3.0B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 199.5% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

Capital Expenditures

Not reported for fiscal year 2025.

TRV Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TRV quarterly income statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Revenue$12.2B+1.9%$11.9B-4.1%$12.4B-0.3%$12.5B+2.9%$12.1B+2.6%$11.8B-1.6%$12.0B+0.9%$11.9B
SG&A Expenses$1.6B+1.6%$1.5B-0.2%$1.5B-1.8%$1.6B+1.7%$1.5B+5.9%$1.5B-1.1%$1.5B+1.0%$1.5B
Interest Expense$113.0M-2.6%$116.0M0.0%$116.0M+4.5%$111.0M+12.1%$99.0M0.0%$99.0M+1.0%$98.0M0.0%$98.0M
Income Tax$559.0M+37.0%$408.0M-32.8%$607.0M+33.1%$456.0M+22.6%$372.0M+409.6%$73.0M-85.7%$512.0M+70.7%$300.0M
Net Income$2.2B+29.0%$1.7B-31.5%$2.5B+32.2%$1.9B+25.1%$1.5B+282.0%$395.0M-81.0%$2.1B+65.2%$1.3B
EPS (Diluted)$10.26+31.9%$7.78-29.1%$10.98+33.3%$8.24+26.2%$6.53+284.1%$1.70-81.0%$8.96+65.3%$5.42

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.

TRV Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TRV quarterly balance sheet
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Total Assets$143.6B+0.9%$142.3B-1.0%$143.7B0.0%$143.7B+3.5%$138.9B+2.1%$136.0B+2.1%$133.2B-1.0%$134.6B
Cash & Equivalents$621.0M+1.0%$615.0M-27.0%$842.0M+15.5%$729.0M+10.6%$659.0M-9.0%$724.0M+3.6%$699.0M-9.5%$772.0M
Goodwill$4.1B0.0%$4.1B-0.1%$4.1B-4.8%$4.3B-0.3%$4.3B+0.9%$4.2B+0.3%$4.2B-0.9%$4.3B
Total Liabilities$110.5B+0.1%$110.3B-0.4%$110.8B-1.1%$112.1B+2.5%$109.4B+1.5%$107.8B+2.3%$105.3B-1.5%$106.9B
Total Equity$33.1B+3.5%$32.0B-2.8%$32.9B+4.1%$31.6B+7.1%$29.5B+4.7%$28.2B+1.2%$27.9B+0.6%$27.7B
Retained Earnings$58.3B+3.4%$56.4B+2.7%$54.9B+4.3%$52.7B+3.2%$51.0B+2.5%$49.8B+0.3%$49.6B+3.9%$47.8B

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.

TRV Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TRV quarterly cash flow statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Operating Cash Flow$1.9B-12.8%$2.2B-18.1%$2.7B-36.5%$4.2B+81.1%$2.3B+71.6%$1.4B-34.1%$2.1B-46.7%$3.9B
Investing Cash Flow-$165.0M+50.7%-$335.0M+41.7%-$575.0M+87.4%-$4.6B-165.3%-$1.7B-112.4%-$808.0M+52.3%-$1.7B+50.1%-$3.4B
Financing Cash Flow-$1.7B+16.4%-$2.1B-14.1%-$1.8B-554.7%$402.0M+157.3%-$702.0M-31.2%-$535.0M-26.8%-$422.0M+7.0%-$454.0M
Dividends Paid$263.0M+11.0%$237.0M-2.1%$242.0M-2.0%$247.0M-1.2%$250.0M+4.2%$240.0M0.0%$240.0M+0.8%$238.0M
Share Buybacks$1.3B-26.4%$1.8B+9.2%$1.6B+164.1%$619.0M+23.8%$500.0M+100.0%$250.0M-2.3%$256.0M+3.2%$248.0M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

TRV Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

TRV quarterly financial ratios
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Net Margin18.2%+3.8pp14.3%-5.7pp20.1%+4.9pp15.1%+2.7pp12.4%+9.1pp3.3%-14.0pp17.3%+6.8pp10.6%
Return on Equity6.7%+1.3pp5.3%-2.2pp7.6%+1.6pp6.0%+0.9pp5.1%+3.7pp1.4%-6.1pp7.5%+2.9pp4.5%
Return on Assets1.5%+0.3pp1.2%-0.5pp1.7%+0.4pp1.3%+0.2pp1.1%+0.8pp0.3%-1.3pp1.6%+0.6pp0.9%
Debt-to-Equity3.33-0.1x3.45+0.1x3.37-0.2x3.55-0.2x3.70-0.1x3.820.0x3.78-0.1x3.86

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

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Frequently Asked Questions

What is Travelers Compan's annual revenue?

Travelers Compan (TRV) reported $48.8B in total revenue for fiscal year 2025. This represents a 5.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Travelers Compan's revenue growing?

Travelers Compan (TRV) revenue grew by 5.2% year-over-year, from $46.4B to $48.8B in fiscal year 2025.

Is Travelers Compan profitable?

Yes, Travelers Compan (TRV) reported a net income of $6.3B in fiscal year 2025, with a net profit margin of 12.9%.

Travelers Compan (TRV) reported diluted earnings per share of $27.43 for fiscal year 2025. This represents a 27.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Travelers Compan (TRV) had a net profit margin of 12.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Travelers Compan (TRV) has a return on equity of 19.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Travelers Compan (TRV) generated $10.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Travelers Compan (TRV) had $143.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, Travelers Compan (TRV) spent $3.0B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Travelers Compan (TRV) had 216M shares outstanding as of fiscal year 2025.

Travelers Compan (TRV) had a debt-to-equity ratio of 3.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Travelers Compan (TRV) had a return on assets of 4.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Travelers Compan (TRV) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Travelers Compan (TRV) has an earnings quality ratio of 1.69x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Travelers Compan (TRV) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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