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 $129.3B against $75.6B — 1.7× the size. The Travelers Companies, Inc. trades at the lower P/E: 9.6× against 11.7×. 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 (1.94% vs 1.46%). Across the 23 metrics below, The Travelers Companies, Inc. leads on 15 and Chubb Limited on 8.

Valuation

Metric CB TRV Insurance Property & Casualty median
P/E 11.68 9.58 10.29
P/S 2.09 1.56 1.17
P/B 1.60 2.31 1.83
Price to free cash flow 8.40 6.97 7.48
EV/EBITDA 9.83 4.53 7.49
EV/Sales 2.39 1.73 1.13
Earnings yield 8.56% 10.44% 9.50%
Free cash flow yield 11.91% 14.35% 13.29%

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% 17.59%
Return on equity 14.41% 26.32% 18.19%
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% 8.69%
EPS growth (last fiscal year) 13.13% 27.76% —
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 1.46% 1.94% 2.79%
Payout ratio 0.24 0.40 0.27

Size

Metric CB TRV Insurance Property & Casualty median
Market cap 129.34b 75.59b 2.44b

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