Travelers (TRV)
Underwriter of commercial, surety, auto, and homeowners insurance through agent-led distribution.
$362.44
vs last close−8.69 (−2.34%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,635 | 10,936 | 11,228 | 11,283 | 11,904 | 12,013 | 11,810 | 12,116 | 12,470 | 12,432 | 11,924 | 12,153 |
| Cost of revenue | 8,753 | 7,521 | 8,354 | 9,051 | 8,786 | 7,841 | 9,784 | 8,591 | 8,443 | 7,669 | 8,148 | 7,708 |
| Gross profit | 1,882 | 3,415 | 2,874 | 2,232 | 3,118 | 4,172 | 2,026 | 3,525 | 4,027 | 4,763 | 3,776 | 4,445 |
| 1,410 | 1,396 | 1,504 | 1,576 | 1,558 | 1,578 | 1,558 | 1,644 | 1,683 | 1,660 | 1,657 | 1,565 | |
| 1,312 | 1,289 | 1,406 | 1,478 | 1,460 | 1,475 | 1,459 | 1,545 | 1,572 | 1,544 | 1,541 | 1,565 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 0 | 0 | 0 |
| General & administrative | 1,312 | 1,289 | 1,406 | 1,478 | 1,460 | 1,475 | 1,459 | 1,545 | 1,555 | 1,544 | 1,541 | 1,565 |
| Other expenses | 98 | 107 | 98 | 98 | 98 | 103 | 99 | 99 | 111 | 116 | 116 | 0 |
| Operating income | 472 | 2,019 | 1,370 | 656 | 1,560 | 2,594 | 468 | 1,881 | 2,344 | 3,103 | 2,119 | 2,880 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −113 | |
| Interest expense | 98 | 98 | 98 | 98 | 98 | 98 | 99 | 99 | 111 | 116 | 116 | 113 |
| Other non-operating income | −98 | −98 | −98 | −98 | −98 | −98 | −99 | −99 | −111 | −116 | −116 | 0 |
| Income before tax | 472 | 2,019 | 1,370 | 656 | 1,560 | 2,594 | 468 | 1,881 | 2,344 | 3,103 | 2,119 | 2,767 |
| Income tax expense | 68 | 393 | 247 | 122 | 300 | 512 | 73 | 372 | 456 | 607 | 408 | 559 |
| Net income from continuing operations | 404 | 1,626 | 1,123 | 534 | 1,260 | 2,082 | 395 | 1,509 | 1,888 | 2,496 | 1,711 | 2,208 |
| Net income | 404 | 1,626 | 1,123 | 534 | 1,260 | 2,082 | 395 | 1,509 | 1,888 | 2,496 | 1,711 | 2,208 |
| EPS, basic | $1.75 | $7.07 | $4.87 | $2.31 | $5.50 | $9.11 | $1.73 | $6.63 | $8.37 | $11.24 | $7.89 | $10.41 |
| EPS, diluted | $1.74 | $6.98 | $4.81 | $2.29 | $5.42 | $8.96 | $1.70 | $6.53 | $8.24 | $11.06 | $7.78 | $10.26 |
| Weighted average shares, basic | 229 | 228 | 229 | 229 | 227 | 227 | 227 | 226 | 224 | 220 | 215 | 211 |
| Weighted average shares, diluted | 231 | 231 | 232 | 232 | 231 | 231 | 230 | 229 | 228 | 224 | 218 | 214 |
| EBITDA | 739 | 2,287 | 1,664 | 936 | 1,832 | 2,855 | 755 | 2,144 | 2,621 | 3,381 | 2,428 | 2,880 |
| Depreciation & amortization | 169 | 170 | 196 | 182 | 174 | 163 | 188 | 164 | 166 | 162 | 193 | 0 |
| EBIT | 570 | 2,117 | 1,468 | 754 | 1,658 | 2,692 | 567 | 1,980 | 2,455 | 3,219 | 2,235 | 2,880 |