TRV (The Travelers Companies, Inc.) Stock Financials & Earnings | Market Cap Arena

TRV (The Travelers Companies, Inc.) Stock Financials & Earnings | Market Cap Arena

TRVThe Travelers Companies, Inc.

Mkt Cap$68B

Financial Services·Insurance - Property & Casualty·🇺🇸 United States·NYSE

Revenue (TTM)$48.8B

Net Income (TTM)$6.3B

EPS (TTM)$27.53

Free Cash Flow (TTM)$7.9B

Gross Margin36.9%

Op. Margin16.0%

Net Margin12.9%

FCF Margin16.2%

P/S Ratio (TTM)1.4x

P/E Ratio (TTM)10.8x

YoY Rev Growth+5.2%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$9.7B	$2.3B	$928M
Q2 23	$10.1B	$1.4B	-$48M
Q3 23	$10.6B	$1.9B	$472M
Q4 23	$10.9B	$3.4B	$2.0B
Q1 24	$11.2B	$2.9B	$1.4B
Q2 24	$11.3B	$2.2B	$656M
Q3 24	$11.9B	$3.1B	$1.6B
Q4 24	$12.0B	$4.2B	$2.6B
Q1 25	$11.8B	$2.0B	$468M
Q2 25	$12.1B	$3.5B	$1.9B
Q3 25	$12.5B	$5.9B	$2.3B
Q4 25	$12.4B	$6.6B	$3.1B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.8x	24.3x
Q2 23	1.8x	30.4x
Q3 23	1.7x	31.1x
Q4 23	1.6x	22.7x
Q1 24	1.6x	21.6x
Q2 24	1.5x	18.4x
Q3 24	1.5x	15.0x
Q4 24	1.5x	13.6x
Q1 25	1.4x	15.9x
Q2 25	1.4x	13.0x
Q3 25	1.4x	11.6x
Q4 25	1.4x	10.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1.0B	$1.0B
Q2 23	$1.5B	$1.5B
Q3 23	$3.0B	$3.0B
Q4 23	$2.1B	$2.1B
Q1 24	$1.5B	$1.5B
Q2 24	$1.7B	$1.7B
Q3 24	$3.9B	$3.9B
Q4 24	$2.1B	$2.1B
Q1 25	$1.4B	$1.4B
Q2 25	$2.3B	$2.3B
Q3 25	$4.2B	$4.2B
Q4 25	$2.7B	$0

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$2.7B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+10.2%	+15.1%
Q2 23	+10.5%	+19.7%
Q3 23	+14.2%	+15.7%
Q4 23	+13.5%	+3.1%
Q1 24	+15.7%	+12.3%
Q2 24	+11.7%	+4.7%
Q3 24	+11.9%	+1.8%
Q4 24	+9.8%	+5.6%
Q1 25	+5.2%	+15.1%
Q2 25	+7.4%	-3.7%
Q3 25	+4.8%	-2.1%
Q4 25	+3.5%	-1.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	-$125M	-1.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$1.3B	—
Q2 23	$1.3B	—
Q3 23	$1.3B	—
Q4 23	$1.3B	—
Q1 24	$1.4B	—
Q2 24	$1.5B	—
Q3 24	$1.5B	—
Q4 24	$1.5B	—
Q1 25	$1.5B	—
Q2 25	$1.5B	—
Q3 25	$1.6B	$17M
Q4 25	$1.5B	—

Revenue Segments

Quarter	Bond & Specialty Insurance	Business Insurance	Personal Insurance
Q1 23	$953M	$5.1B	$3.6B
Q2 23	$996M	$5.3B	$3.8B
Q3 23	$1.0B	$5.7B	$4.0B
Q4 23	$1.0B	$5.8B	$4.1B
Q1 24	$1.1B	$5.9B	$4.2B
Q2 24	$1.1B	$6.0B	$4.3B
Q3 24	$1.1B	$6.3B	$4.4B
Q1 25	$1.1B	$6.3B	$4.5B
Q2 25	$1.1B	$6.4B	$4.6B
Q3 25	$1.2B	$6.7B	$4.6B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$767M	$76.2B	$76.9B
Q2 23	$605M	$77.1B	$77.7B
Q3 23	$593M	$77.1B	$77.7B
Q4 23	$500M	$82.9B	$83.4B
Q1 24	$667M	$82.7B	$83.3B
Q2 24	$729M	$83.5B	$84.3B
Q3 24	$772M	$90.2B	$90.9B
Q4 24	$568M	$24.8B	$25.4B
Q1 25	$724M	$90.6B	$91.3B
Q2 25	$521M	$93.0B	$93.5B
Q3 25	$592M	$98.6B	$99.2B
Q4 25	$842M	$5.7B	$6.6B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	234M	-0.8%
Q2 23	230M	-2.0%
Q3 23	231M	+0.6%
Q4 23	231M	+0.0%
Q1 24	232M	+0.4%
Q2 24	232M	-0.2%
Q3 24	231M	-0.4%
Q4 24	231M	+0.0%
Q1 25	230M	-0.1%
Q2 25	229M	-0.5%
Q3 25	228M	-0.8%
Q4 25	224M	-1.5%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$900K	30K
FY 15	$868K	31K
FY 16	$894K	31K
FY 17	$938K	31K
FY 18	$996K	30K
FY 19	$1M	31K
FY 20	$1M	31K
FY 21	$1M	31K
FY 22	$1M	33K
FY 23	$1M	33K
FY 24	$1M	34K
FY 25	$1M	34K