The Travelers Companies, Inc.

TRV Financial Insurance Property & Casualty

The Travelers Companies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $48.8 billion, up 5.18% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 57.0%, free cash flow fell 18.1% and total debt rose 12.9%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.

389.54 5.65 +1.47%
Market cap
$80.1B
P/E
10.3×
Fwd P/E
10.8×
Dividend yield
1.21%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Travelers Companies, Inc. (TRV) Operating margin

Alert me on Operating margin

The Travelers Companies, Inc.'s operating margin over the twelve months to 30 June 2026 was 22.0%, up 5.2 percentage points from fiscal 2025 (16.8%). Over the past ten years it has ranged from 9.06% (fiscal 2023) to 19.1% (fiscal 2015); the current reading is higher than 91% of that period. That is above the Insurance Property & Casualty industry median of 15.1% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 16.8% 2.68
FY2024 14.2% 5.10
FY2023 9.06% (0.99)
FY2022 10.1% (3.73)
FY2021 13.8% 2.60
FY2020 11.2% 0.15
FY2019 11.0% 0.09
FY2018 10.9% 0.22
FY2017 10.7% (5.27)
FY2016 16.0% (3.08)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 23.7% 4.96
Mar 2026 18.7% (7.15)
Dec 2025 25.9% 6.20
Sep 2025 19.7% 3.35
42 more quarters

Against its own ten years

Low 9.06% High 19.1%
Ten-year median 11.2%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
PGR The Progressive Corporation compare 37.5%
CINF Cincinnati Financial Corporation compare 30.2%
CB Chubb Limited compare 24.6%
ALL The Allstate Corporation compare 23.8%
TRV The Travelers Companies, Inc. 22.0%
MKL Markel Group Inc. compare 18.6%
WRB W.R. Berkley Corporation compare 17.0%
L Loews Corporation compare 14.7%
AIZ Assurant, Inc. compare 10.7%
Insurance Property & Casualty industry median 15.1%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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