Assurant, Inc. (AIZ) vs The Travelers Companies, Inc. (TRV)

Assurant, Inc. and The Travelers Companies, Inc. are both Insurance Property & Casualty companies. The Travelers Companies, Inc. is the larger, with a market value of $80.1B against $13.9B — 5.8× the size. The Travelers Companies, Inc. trades at the lower P/E: 10.3× against 13.4×. Assurant, Inc. grew revenue faster over the last twelve months: 9.36% against 2.39%. The Travelers Companies, Inc. has the higher net margin (16.8% vs 7.84%) and the higher return on invested capital (16.2% vs 12.6%). Both pay a dividend; Assurant, Inc. yields more (1.24% vs 1.21%). Across the 21 metrics below, The Travelers Companies, Inc. leads on 14 and Assurant, Inc. on 7.

Valuation

Metric AIZ TRV Insurance Property & Casualty median
P/E 13.41 10.28 10.75
P/S 1.04 1.67 1.21
P/B 2.30 2.48 1.99
Price to free cash flow 8.47 7.48 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.46% 9.73% 9.08%
Free cash flow yield 11.80% 13.38% 12.11%

Profitability

Metric AIZ TRV Insurance Property & Casualty median
Gross margin 78.12% 49.51% 41.16%
Operating margin 10.70% 22.03% 15.09%
Net margin 7.84% 16.83% 11.51%
Free cash flow margin 12.30% 22.40% 17.46%
Return on equity 18.19% 26.32% 17.34%
Return on assets 2.95% 5.84% 3.74%
Return on invested capital 12.55% 16.22% 12.06%

Growth

Metric AIZ TRV Insurance Property & Casualty median
Revenue growth (TTM) 9.36% 2.39% 8.02%
EPS growth (last fiscal year) 17.08% 27.76% 39.61%
Revenue growth, 5-year CAGR 5.95% 8.83% 9.23%
Net income growth, 5-year CAGR 15.43% 18.44% 10.09%

Health

Metric AIZ TRV Insurance Property & Casualty median
Debt to equity 0.36 0.27 0.25
Current ratio 0.37 0.27 0.42
Net debt to EBITDA 0.26 0.52 0.08

Dividend

Metric AIZ TRV Insurance Property & Casualty median
Dividend yield 1.24% 1.21% 1.50%
Payout ratio 0.17 0.13 0.14

Size

Metric AIZ TRV Insurance Property & Casualty median
Market cap 13.90b 80.07b 2.67b

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