Chubb Limited (CB) vs The Travelers Companies, Inc. (TRV)

Chubb Limited and The Travelers Companies, Inc. are both Insurance Property & Casualty companies. Chubb Limited is the larger, with a market value of $136.1B against $80.1B — 1.7× the size. The Travelers Companies, Inc. trades at the lower P/E: 10.3× against 12.6×. Chubb Limited grew revenue faster over the last twelve months: 8.02% against 2.39%. Chubb Limited has the higher net margin (18.1% vs 16.8%) and the lower return on invested capital (9.52% vs 16.2%). Both pay a dividend; The Travelers Companies, Inc. yields more (1.21% vs 1.11%). Across the 21 metrics below, The Travelers Companies, Inc. leads on 13 and Chubb Limited on 8.

Valuation

Metric CB TRV Insurance Property & Casualty median
P/E 12.60 10.28 10.75
P/S 2.25 1.67 1.21
P/B 1.72 2.48 1.99
Price to free cash flow 9.06 7.48 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.94% 9.73% 9.08%
Free cash flow yield 11.04% 13.38% 12.11%

Profitability

Metric CB TRV Insurance Property & Casualty median
Gross margin 31.02% 49.51% 41.16%
Operating margin 24.55% 22.03% 15.09%
Net margin 18.10% 16.83% 11.51%
Free cash flow margin 24.88% 22.40% 17.46%
Return on equity 14.41% 26.32% 17.34%
Return on assets 4.12% 5.84% 3.74%
Return on invested capital 9.52% 16.22% 12.06%

Growth

Metric CB TRV Insurance Property & Casualty median
Revenue growth (TTM) 8.02% 2.39% 8.02%
EPS growth (last fiscal year) 13.13% 27.76% 39.61%
Revenue growth, 5-year CAGR 10.54% 8.83% 9.23%
Net income growth, 5-year CAGR 23.89% 18.44% 10.09%

Health

Metric CB TRV Insurance Property & Casualty median
Debt to equity 0.27 0.27 0.25
Current ratio 0.25 0.27 0.42
Net debt to EBITDA 1.31 0.52 0.08

Dividend

Metric CB TRV Insurance Property & Casualty median
Dividend yield 1.11% 1.21% 1.50%
Payout ratio 0.14 0.13 0.14

Size

Metric CB TRV Insurance Property & Casualty median
Market cap 136.11b 80.07b 2.67b

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