Loews Corporation (L) vs The Travelers Companies, Inc. (TRV)

Loews Corporation 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 $22.2B — 3.6× the size. The Travelers Companies, Inc. trades at the lower P/E: 10.3× against 13.5×. Loews Corporation grew revenue faster over the last twelve months: 3.50% against 2.39%. The Travelers Companies, Inc. has the higher net margin (16.8% vs 9.02%) and the higher return on invested capital (16.2% vs 6.03%). Both pay a dividend; The Travelers Companies, Inc. yields more (1.21% vs 0.23%). Across the 21 metrics below, The Travelers Companies, Inc. leads on 17 and Loews Corporation on 4.

Valuation

Metric L TRV Insurance Property & Casualty median
P/E 13.53 10.28 10.75
P/S 1.21 1.67 1.21
P/B 1.13 2.48 1.99
Price to free cash flow 12.85 7.48 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.39% 9.73% 9.08%
Free cash flow yield 7.78% 13.38% 12.11%

Profitability

Metric L TRV Insurance Property & Casualty median
Gross margin 54.39% 49.51% 41.16%
Operating margin 14.69% 22.03% 15.09%
Net margin 9.02% 16.83% 11.51%
Free cash flow margin 9.45% 22.40% 17.46%
Return on equity 8.78% 26.32% 17.34%
Return on assets 1.96% 5.84% 3.74%
Return on invested capital 6.03% 16.22% 12.06%

Growth

Metric L TRV Insurance Property & Casualty median
Revenue growth (TTM) 3.50% 2.39% 8.02%
EPS growth (last fiscal year) 24.34% 27.76% 39.61%
Revenue growth, 5-year CAGR 7.96% 8.83% 9.23%
Net income growth, 5-year CAGR 0.00% 18.44% 10.09%

Health

Metric L TRV Insurance Property & Casualty median
Debt to equity 0.45 0.27 0.25
Current ratio 0.25 0.27 0.42
Net debt to EBITDA 2.88 0.52 0.08

Dividend

Metric L TRV Insurance Property & Casualty median
Dividend yield 0.23% 1.21% 1.50%
Payout ratio 0.03 0.13 0.14

Size

Metric L TRV Insurance Property & Casualty median
Market cap 22.24b 80.07b 2.67b

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