Your Best Stock

The Travelers Companies TRV

US equityMarket cap rank #219Insurance - Property & Casualty
$365.29
+$4.90 (+1.36%)
Market open · Sep 24, 2:00 pm ET
After hours $360.39 0.00%
Open$362.31
Prev close$360.39
Day range$362.02 – $366.49
Volume363.7K
Market cap$76.19B
P/E (TTM)9.8
Dividend yield1.25%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$12.15B+0.3% YoY
Net profit$2.21B+46.3% YoY
Diluted EPS$10.26+57.1% YoY
Free cash flow$1.92B-17.9% YoY
Operating cash flow$1.92B

Revenue, last 8 quarters

$11.9BSep '24$12.0BDec '24$11.8BMar '25$12.1BJun '25$12.5BSep '25$12.4BDec '25$11.9BMar '26$12.2BJun '26

Net profit, last 8 quarters

$1.3BSep '24$2.1BDec '24$395.0MMar '25$1.5BJun '25$1.9BSep '25$2.5BDec '25$1.7BMar '26$2.2BJun '26

Diluted EPS by quarter

5.42Sep '248.96Dec '241.70Mar '256.53Jun '258.24Sep '2511.06Dec '257.78Mar '2610.26Jun '26

Free cash flow by quarter

$3.9BSep '24$2.1BDec '24$1.4BMar '25$2.3BJun '25$4.2BSep '25$2.7BDec '25$2.2BMar '26$1.9BJun '26

Annual revenue

$32.0BFY20$34.8BFY21$36.9BFY22$41.4BFY23$46.4BFY24$48.8BFY25

Profitability & balance sheet

Net margin16.8%
Return on equity26.3%
Return on assets5.8%
Liabilities / assets76.9%
Total debt$9.07B
Free cash flow / sales22.5%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Business insurance$6.54B 53.8%
  • Personal insurance$4.38B 36.0%
  • Bond & Specialty Insurance$1.18B 9.7%
  • Net realized investment gains (losses)$60.00M 0.5%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $12.15B $11.92B $48.83B $12.43B $12.47B
Total Operating Revenue $12.15B $11.92B $48.83B $12.43B $12.47B
Total Premiums Earned $10.75B $10.61B $43.91B $11.15B $11.14B
Fee Revenue and Other Income $270.00M $262.00M $1.00B $250.00M $275.00M
-Fees and Commissions $126.00M $121.00M $495.00M $125.00M $127.00M
-Other Income Expense $144.00M $141.00M $508.00M $125.00M $148.00M
Net Investment Income $1.06B $1.01B $3.96B $1.05B $1.03B
Net Realized Gain/Loss on Investments $69.00M $52.00M -$46.00M -$20.00M $27.00M
Total Expenses $9.39B $9.81B $41.03B $9.33B $10.13B
Loss Adjustment Expense $5.92B $6.38B $27.22B $5.83B $6.59B
Policy Acquisition Expense $1.79B $1.77B $7.27B $1.84B $1.85B
Selling and Admin Expenses $1.57B $1.54B $6.12B $1.54B $1.57B
-General & Admin Expense $1.57B $1.54B $6.12B $1.54B $1.57B
Net Non-Operating Interest Income (Expense) -$113.00M -$116.00M -$425.00M -$116.00M -$111.00M
-Interest Expense Non-Operating $113.00M $116.00M $425.00M $116.00M $111.00M
Pretax Profit $2.77B $2.12B $7.80B $3.10B $2.34B
Tax $559.00M $408.00M $1.51B $607.00M $456.00M
Net Profit $2.21B $1.71B $6.29B $2.50B $1.89B
Profit from Continuing Operations $2.21B $1.71B $6.29B $2.50B $1.89B
Net Income to Parent Company $2.21B $1.71B $6.29B $2.50B $1.89B
Other Preferred Stock Dividends $15.00M $12.00M $46.00M $19.00M $13.00M
Net Income to Common Stockholders $2.19B $1.70B $6.24B $2.48B $1.88B
Basic EPS $10.41 $7.89 $27.83 $11.24 $8.37
Diluted EPS $10.26 $7.78 $27.43 $11.06 $8.24
Dividend Per Share $1.25 $1.10 $4.35 $1.10 $1.10
-Net Premiums Written – – $44.39B – –
-Increase Decrease in Net Unearned Premium Reserves – – -$473.00M – –
Special Income (Charges) – – $0.00 – –
-Less:Impairment of Capital Assets – – $0.00 – –

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $143.58B $142.31B $143.71B $143.71B $143.68B
Cash and Cash Equivalents $482.00M $481.00M $710.00M $710.00M $592.00M
Restricted Cash and Cash Equivalents $139.00M $134.00M $132.00M $132.00M $137.00M
Total Investments $103.18B $102.98B $101.18B $101.18B $103.68B
-Short Term Investments $97.50B $97.40B $25.46B $25.46B $98.60B
-Equity Investments $652.00M $591.00M $70.71B $70.71B $692.00M
-Other Invested Assets $5.03B $4.99B $5.02B $5.02B $5.08B
Receivables $23.47B $22.46B $21.89B $21.89B $23.02B
-Accounts Receivable $23.47B $22.46B $21.89B $21.89B $23.02B
Accrued Investment Income $911.00M $801.00M $877.00M $877.00M $776.00M
Goodwill and Other Intangible Assets $4.39B $4.39B $4.40B $4.40B $4.61B
-Goodwill $4.06B $4.06B $4.07B $4.07B $4.27B
-Other Intangible Assets $325.00M $331.00M $336.00M $336.00M $342.00M
Prepaid Assets $1.67B $1.88B $1.28B $1.28B $1.68B
Deferred Policy Acquisition Costs $3.71B $3.59B $3.52B $3.52B $3.69B
Assets of Discontinued Operations $0.00 $0.00 $4.55B $4.55B –
Other Assets $4.59B $4.50B $4.28B $4.28B $4.45B
Total Liabilities $110.46B $110.32B $110.81B $110.81B $112.07B
Policy Holders Liabilities $90.55B $89.68B $88.17B $88.17B $91.30B
Short-Term Debt and Capital Lease Obligation $100.00M $300.00M $300.00M $300.00M $300.00M
-Current Debt $100.00M $300.00M $300.00M $300.00M $300.00M
Payables $4.11B $4.19B $3.56B $3.56B $4.06B
-Accounts Payable $4.11B $4.19B $3.56B $3.56B $4.06B
Long Term Debt and Capital Lease Obligation $8.97B $8.97B $8.97B $8.97B $8.97B
-Long Term Debt $8.97B $8.97B $8.97B $8.97B $8.97B
Other Liabilities $6.73B $7.18B $9.82B $9.82B $7.44B
Total Equity $33.12B $31.99B $32.89B $32.89B $31.61B
Stockholders' Equity $33.12B $31.99B $32.89B $32.89B $31.61B
Capital Stock $26.19B $26.09B $25.91B $25.91B $25.82B
-Common Stock $26.19B $26.09B $25.91B $25.91B $25.82B
Retained Earnings $58.35B $56.40B $54.93B $54.93B $52.68B
Less: Treasury Stock $48.74B $47.43B $45.45B $45.45B $43.79B
Gains/Losses Not Affecting Retained Earnings -$2.67B -$3.08B -$2.50B -$2.50B -$3.09B

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $1.92B $2.20B $10.61B $2.69B $4.23B
Net cash flow from continuing operations $1.92B $2.20B $10.61B $2.69B $4.23B
Net Income from Continuing Operations $2.21B $1.71B $6.29B $2.50B $1.89B
Gain/Loss from Continuing Operations -$135.00M -$72.00M -$178.00M -$37.00M -$101.00M
Deferred Tax -$58.00M $51.00M $210.00M -$58.00M $320.00M
Change in Working Capital -$1.38B -$1.45B -$3.74B -$2.00B -$539.00M
-Change in Receivables -$984.00M -$542.00M -$252.00M $502.00M $162.00M
-Change in Loss and Loss Adjustment Expense Reserves $319.00M $1.21B $3.30B -$88.00M $845.00M
-Change in Deferred Acquisition Costs -$1.91B -$1.84B -$7.37B -$1.76B -$1.88B
-Change in Unearned Premiums $559.00M $351.00M $584.00M -$661.00M $331.00M
Net cash flow from investing -$165.00M -$335.00M -$7.65B -$575.00M -$4.55B
Net Cash Flow from Continuing Investing Activities -$165.00M -$335.00M -$7.65B -$575.00M -$4.55B
Net Business Purchase and Sale $0.00 $2.38B $0.00 $0.00 $0.00
Net Investment Purchase and Sale -$35.00M -$2.59B -$7.07B -$415.00M -$4.39B
Net Other Investing Changes -$137.00M -$119.00M -$533.00M -$135.00M -$155.00M
Financing Cash Flow -$1.74B -$2.09B -$2.66B -$1.83B $402.00M
Net Cash Flow from Continuing Financing Activities -$1.74B -$2.09B -$2.66B -$1.83B $402.00M
Net Common Stock Issuance -$1.32B -$1.93B -$3.13B -$1.64B -$620.00M
Cash Dividends Paid -$263.00M -$237.00M -$979.00M -$242.00M -$247.00M
Proceeds from Stock Option Exercised $38.00M $86.00M $214.00M $51.00M $36.00M
Ending Cash Balance $621.00M $615.00M $842.00M $842.00M $729.00M
Net Change in Cash $8.00M -$222.00M $291.00M $282.00M $76.00M
Beginning Cash Balance $615.00M $842.00M $699.00M $729.00M $659.00M
Effect of Exchange Rate Changes -$2.00M -$5.00M $23.00M $2.00M -$6.00M
Free Cash Flow $1.92B $2.20B $10.61B $2.69B $4.23B
-Change in Other Working Capital – -$634.00M – – –
Other Non-Cash Items – – $81.00M $289.00M $644.00M
Net Issuance Payments of Debt – – $1.23B $0.00 $1.23B
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