Travelers Companies
TRV · NYSEFire, Marine & Casualty Insurance · Fiscal year ends Dec 31
Travelers Companies reported revenue of $48.8B in the fiscal year ended Dec 2025, up 5.2% from the year before. Net income was $6.3B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $34.8B | $36.9B | $41.4B | $46.4B | $48.8B |
| Selling, general & admin | $4.7B | $4.8B | $5.2B | $5.8B | $6.1B |
| Interest expense | $340M | $351M | $376M | $392M | $425M |
| Pre-tax income | $4.5B | $3.4B | $3.4B | $6.2B | $7.8B |
| Income tax | $796M | $512M | $380M | $1.2B | $1.5B |
| Net income | $3.7B | $2.8B | $3B | $5B | $6.3B |
| Diluted EPS | 14.49 | 11.77 | 12.79 | 21.47 | 27.43 |
| Diluted shares | 251M | 240M | 232M | 231M | 228M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $761M | $799M | $650M | $699M | $842M |
| Goodwill | $4B | $4B | $4B | $4.2B | $4.1B |
| Total assets | $120B | $116B | $126B | $133B | $144B |
| Short-term debt | $100M | $100M | $100M | $100M | $300M |
| Total liabilities | $91.6B | $94.2B | $101B | $105B | $111B |
| Shareholders' equity | $28.9B | $21.6B | $24.9B | $27.9B | $32.9B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $7.3B | $6.5B | $7.7B | $9.1B | $10.6B |
| Depreciation & amortisation | $870M | $826M | $722M | $715M | $680M |
| Stock-based compensation | $162M | $183M | $214M | $260M | $256M |
| Acquisitions | $38M | $4M | $0 | $382M | $0 |
| Share buybacks | $2.2B | $2B | $958M | $1B | $3B |
| Dividends paid | $869M | $875M | $908M | $951M | $979M |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 5.9% | 12.1% | 12.2% | 5.2% |
| EPS growth (YoY) | – | −18.8% | 8.7% | 67.9% | 27.8% |
| Net margin | 10.5% | 7.7% | 7.2% | 10.8% | 12.9% |
| Return on equityBlank when equity is negative | 12.7% | 13.2% | 12.0% | 17.9% | 19.1% |
| Cash conversion (CFO ÷ net income) | 1.99x | 2.27x | 2.58x | 1.82x | 1.69x |
Recent filings
More in Fire, Marine & Casualty Insurance
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.