Travelers Companies (TRV) stock
Financials · Property & Casualty Insurance
Travelers Companies (TRV) is a Property & Casualty Insurance company in the Financials sector, headquartered in New York City, New York. As of October 23, 2026, TRV closed at $398.28, a market capitalization of $81.61 billion, the 154th largest company in the S&P 500. Over the last twelve months it generated $48.92 billion in revenue (-0% year over year) and $11.03 billion in free cash flow. The stock trades at 10.5x trailing earnings and 12.8x forward earnings.
- 1-year total return: +50.3% (dividends reinvested)
- 5-year return: +22.0% a year
- 52-week range: $264.25 – $407.87
- Gross margin 34.9%, operating margin 20.0%
- Dividend yield: 1.26%, 20 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 28th largest of 76 Financials stocks in the S&P 500
TRV price chart
1Y price change: +48.0% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| TRV | +10.5% | +38.9% | +50.3% | +38.1% | +22.0% | +16.4% | +10.1% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1975.
TRV key statistics
- Market cap
- $81.6B
- #154 in S&P 500
- P/E (TTM)
- 10.5x
- Forward P/E
- 12.8x
- EPS (TTM)
- $38.03
- Revenue (TTM)
- $48.9B
- -1%
- Free cash flow
- $11.0B
- Gross margin
- 34.9%
- Operating margin
- 20.0%
- Return on equity
- 27.5%
- Dividend yield
- 1.26%
- 52-week range
- $264.25 – $407.87
- Beta
- 0.44
- Price / sales
- 1.7x
- EV / EBITDA
- 7.4x
- Debt / equity
- 0.34x
- Employees
- 34,000
TRV report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth-0.5%F
- Gross margin34.9%C
- Operating margin20.0%B
- FCF margin22.5%B
- Return on equity27.5%A
- Net debt / EBITDA0.3xB
- Forward P/E12.8xA
- PEG ratio2.4xD
- Shareholder yield4.9%B
- Share count change / yr-2.2%A
Travelers Companies financials
Revenue went from $27.6B in fiscal 2016 to $48.8B in fiscal 2025, growing 6.5% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.6B | $28.9B | $30.3B | $31.6B | $32.0B | $34.8B | $36.9B | $41.4B | $46.4B | $48.8B |
| Net income | $3.0B | $2.1B | $2.5B | $2.6B | $2.7B | $3.7B | $2.8B | $3.0B | $5.0B | $6.3B |
| EPS (diluted) | $10.28 | $7.33 | $9.28 | $9.92 | $10.52 | $14.49 | $11.77 | $12.79 | $21.47 | $27.43 |
| Buybacks | $2.4B | $1.4B | $1.3B | $1.5B | $625.0M | $2.2B | $2.0B | $958.0M | $1.0B | $3.0B |
| Dividends paid | $757.0M | $785.0M | $814.0M | $844.0M | $861.0M | $869.0M | $875.0M | $908.0M | $951.0M | $979.0M |
| Diluted shares | 291.0M | 278.6M | 269.8M | 262.3M | 254.6M | 250.8M | 239.7M | 232.2M | 231.1M | 227.6M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into TRV?
A reverse DCF asks what growth the current price requires. With an enterprise value of $85.2B and $11.0B of trailing free cash flow, Travelers Companies needs to grow free cash flow about -12.2% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 14.5x vs. median 12.5x (10th–90th percentile 8.5x–17.9x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
TRV dividend
- Dividend yield
- 1.26%
- Annual dividend
- $5.00
- Years of increases
- 20
- 5-yr dividend growth
- 5.2%
- per year
- Payout ratio
- 12%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
TRV earnings
Next report: January 20, 2027. Travelers Companies has beaten EPS estimates 8 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 16, 2026 | $7.43 | $9.18 | +23.5% |
| Jul 17, 2026 | $5.39 | $10.04 | +86.1% |
| Apr 16, 2026 | $7.08 | $7.71 | +8.9% |
| Jan 21, 2026 | $8.92 | $11.06 | +24.0% |
| Oct 16, 2025 | $6.38 | $8.14 | +27.6% |
| Jul 17, 2025 | $3.61 | $6.51 | +80.1% |
| Apr 16, 2025 | $0.77 | $1.91 | +147.7% |
| Jan 22, 2025 | $6.60 | $9.15 | +38.5% |
Stocks like TRV
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 CB Chubb | -2.43% | +27% | $137.0B | 12.4x | Compare |
 PGR Progressive | -0.68% | +10% | $132.2B | 11.5x | Compare |
 ALL Allstate | -2.28% | +33% | $64.0B | 5.1x | Compare |
 HIG Hartford Insurance Group, I | -1.93% | +11% | $37.0B | 9.7x | Compare |
 ACGL Arch Capital | -0.97% | +16% | $34.7B | 8.0x | Compare |
 WRB W.R. Berkley | -2.94% | +0% | $27.2B | 15.5x | Compare |
 CINF Cincinnati Financial Corporatio | -1.11% | +16% | $27.1B | 8.3x | Compare |
 BRK-B Berkshire Hathaway | -0.87% | +11% | $1.2T | 13.6x | Compare |
TRV news
- Here's Why Travelers (TRV) is a Great Momentum Stock to Buy · Oct 23, 2026
- Here's How Much You'd Have If You Invested $1000 in Travelers a Decade Ago · Oct 23, 2026
- 2 Insurance Stocks to Buy That Keep About 16 Cents of Every Premium Dollar as Underwriting Profit · Oct 22, 2026
- Travelers (TRV) Stock Sees Modest Fair Value Lift After Q3 Analyst Target Increases · Oct 21, 2026
- Travelers Institute Brings Insurance Availability and Affordability Conversation to Four New Cities · Oct 20, 2026
TRV stock FAQ
What is TRV's market cap?
Travelers Companies's market capitalization is $81.61 billion as of October 23, 2026, ranking 154th in the S&P 500.
What is TRV's P/E ratio?
TRV trades at a trailing price-to-earnings ratio of 10.5x and a forward P/E of 12.8x. Its median P/E over the period we track is 12.5x.
Does TRV pay a dividend?
Yes. Travelers Companies pays $5.00 per share a year, a 1.26% yield. It has raised its dividend 20 years in a row. Dividends grew 5.2% a year over the last five years.
How much has TRV stock returned?
Including reinvested dividends, TRV returned +50.3% over one year, +22.0% a year over five years, +16.4% a year over ten years through October 23, 2026.
Is TRV stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Travelers Companies must grow free cash flow about -12% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does TRV report earnings?
Travelers Companies is expected to report earnings on January 20, 2027. It has beaten EPS estimates 8 quarters in a row.
How many employees does Travelers Companies have?
Travelers Companies has about 34,000 full-time employees, or $1.4 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology