Stocks · Financial Services · Insurance - Property & Casualty
The Travelers Companies, Inc. TRV
$360.70 +0.09% Close, Oct 5, 2026 · NYSE · Market cap $75.17B
Inexpensive vs sector
Next earnings report: Oct 16, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $37.34, up 65.1% year over year.
- The shares trade at 9.7× trailing earnings, lower than 95% of the company's own readings over the past five years.
- Earnings beat analyst estimates in each of the last 9 quarters (average surprise over the last four: +37.1%).
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
Growth36Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 33%
- EPS growth (TTM, YoY)Top 17%
- FCF growth (TTM, YoY)Bottom 47%
- Revenue growth, 3-year CAGRBottom 30%
- Revenue growth accelerationBottom 36%
Quality77Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 6%
- Gross marginBottom 13%
- Operating marginBottom 49%
- Cash conversion (OCF / net income)Top 38%
- Accruals (lower is better)Top 27%
- Net debt / EBITDA (lower is better)Top 43%
- Interest coverTop 7%
Value95Exceptional
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 15%
- Free-cash-flow yieldTop 19%
- EBITDA / enterprise valueTop 15%
- Sales / enterprise valueTop 21%
- P/E vs own 5-year history (lower is better)Top 7%
Momentum77Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 21%
- 6-month returnTop 16%
- 1-year return vs S&P 500Top 22%
- Distance from 52-week highTop 45%
- Trend checklist (0–4)Top 48%
Revisions55Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 7%
- Consecutive EPS beatsTop 11%
- Share of analysts rating BuyBottom 19%
- Upside to consensus price targetBottom 8%
Stability67Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 31%
- Maximum drawdown, 3 yearsTop 20%
- Beta vs S&P 500 (lower is better)Top 27%
- Net debt / EBITDA (lower is better)Top 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.1% | 2.4% | ↓ |
| EPS growth (YoY) | 83.0% | 65.1% | ↓ |
| Gross margin | 26.8% | 34.7% | ↑ |
| Operating margin | 13.6% | 21.3% | ↑ |
| FCF margin | 20.1% | 22.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 2.4% | 4.1% | ↓ | Bottom 33% |
| EPS growth (TTM, YoY) | 65.1% | 83.0% | ↓ | Top 17% |
| Gross margin | 34.7% | 26.8% | ↑ | Bottom 13% |
| Operating margin | 21.3% | 13.6% | ↑ | Bottom 49% |
| Net margin | 17.0% | 11.0% | ↑ | — |
| Free-cash-flow margin | 22.5% | 20.1% | ↑ | — |
| Return on invested capital | 19.9% | — | Top 6% | |
| Revenue growth, 3-year CAGR | 9.8% | — | Bottom 30% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.33×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- -0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -37.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.75×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 22.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.32%
- Net buyback yield (TTM)
- 6.85%
- Shareholder yield
- 8.17%
- Share count change, 1 year
- -6.8%
- Share count change, 3-year CAGR
- -2.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 17, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 9
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +37.1%
- Average 2-day reaction, last 8
- +3.0%
- Positive 20 days after report
- 7 of 8
Analysts
- Consensus price target
- $351.11
- Target vs current price
- -2.7%
- Analysts with a rating
- 44
- Share rating Buy or Strong Buy
- 25%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 17, 2026 | +85.6% | +9.2% | +11.4% | +9.5% | — |
| Apr 16, 2026 | +9.1% | -0.2% | +0.8% | -1.4% | +14.1% |
| Jan 21, 2026 | +26.5% | +1.1% | +4.3% | +10.7% | +10.8% |
| Oct 16, 2025 | +27.4% | -2.9% | -0.4% | +6.2% | +4.1% |
| Jul 17, 2025 | +78.4% | +3.8% | +5.0% | +6.8% | +8.8% |
| Apr 16, 2025 | +143.3% | +1.1% | +3.8% | +5.2% | +2.3% |
| Jan 22, 2025 | +36.6% | +3.2% | +3.9% | +1.3% | +5.6% |
| Oct 17, 2024 | +47.6% | +9.0% | +5.9% | +5.6% | -2.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 17, 2026 | $10.04 | $5.41 | +85.6% | $11.53B |
| Apr 16, 2026 | $7.71 | $7.07 | +9.1% | $10.34B |
| Jan 21, 2026 | $11.13 | $8.80 | +26.5% | $10.86B |
| Oct 16, 2025 | $8.14 | $6.39 | +27.4% | $12.47B |
| Jul 17, 2025 | $6.51 | $3.65 | +78.4% | $12.12B |
| Apr 16, 2025 | $1.91 | $0.79 | +143.3% | $11.81B |
| Jan 22, 2025 | $9.15 | $6.70 | +36.6% | $12.01B |
| Oct 17, 2024 | $5.24 | $3.55 | +47.6% | $11.90B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 9.7× | 11.8× | 5th | Top 15% |
| P/E (forward) | 10.5× | — | — | — |
| EV / EBITDA | 7.4× | — | — | Top 15% |
| EV / Sales | 1.71× | — | — | Top 21% |
| Free-cash-flow yield | 14.67% | — | — | Top 19% |
| Earnings yield | 10.35% | — | — | Top 15% |
P/E over the past five years
Range 8.9× – 18.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +28.8%
- Earnings per share growth (TTM)
- +65.1%
- Change in P/E multiple
- -14.7%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 178
- 50-day average slope (20 days)
- +2.2%
- 200-day average slope (20 days)
- +2.6%
- Distance from 50-day average
- -2.8%
- Distance from 200-day average
- +12.5%
- RSI (14)
- 43.0
- Relative volume
- 0.66×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 27.1%
- Volatility vs own 5-year history
- 87th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.34
- Correlation with S&P 500
- 0.23
- Current drawdown from 1-year high
- -9.2%
- Maximum drawdown, 3 years
- -12.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 25, 2022 | Sep 26, 2022 | -19.8% | 126 days | 42 days (Nov 23, 2022) |
| Jan 13, 2023 | Oct 24, 2023 | -18.6% | 195 days | 54 days (Jan 11, 2024) |
| Nov 27, 2024 | Jan 10, 2025 | -12.8% | 28 days | 77 days (May 2, 2025) |
| Apr 5, 2024 | Jul 5, 2024 | -12.6% | 62 days | 42 days (Sep 4, 2024) |
| Aug 25, 2021 | Dec 1, 2021 | -10.5% | 68 days | 26 days (Jan 7, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $75.17B
- P/E (TTM)
- 9.7
- EPS, diluted (TTM)
- $37.34
- Revenue (TTM)
- $48.98B
- Dividend yield
- 1.30%
- 52-week range
- $252.26 – $398.70
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $34.82B | $36.90B | $41.37B | $46.43B | $48.83B |
| Gross profit | $9.47B | $8.53B | $8.93B | $12.40B | $14.34B |
| Operating income | $4.46B | $3.35B | $3.37B | $6.18B | $7.80B |
| Net income | $3.66B | $2.84B | $2.99B | $5.00B | $6.29B |
| EPS (diluted) | $14.49 | $11.77 | $12.79 | $21.47 | $27.43 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.90B | $12.01B | $11.81B | $12.12B | $12.47B | $12.43B | $11.92B | $12.15B |
| Net income | $1.26B | $2.08B | $395.0M | $1.51B | $1.89B | $2.50B | $1.71B | $2.21B |
| EPS (diluted) | $5.42 | $8.96 | $1.70 | $6.53 | $8.24 | $11.06 | $7.78 | $10.26 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $7.27B | $6.46B | $7.71B | $9.07B | $10.61B |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | $7.27B | $6.46B | $7.71B | $9.07B | $10.61B |
| Dividends paid | -$869.0M | -$875.0M | -$908.0M | -$951.0M | -$979.0M |
| Net share buybacks | -$2.20B | -$2.06B | -$1.02B | -$1.12B | -$2.92B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $5.20B
- Total assets
- $143.58B
- Total liabilities
- $110.46B
- Total debt
- $9.07B
- Net debt
- $8.45B
- Shareholders’ equity
- $33.12B
As of Jun 30, 2026 (filed Jul 17, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 10, 2026 | $1.25 | Sep 30, 2026 |
| Jun 10, 2026 | $1.25 | Jun 30, 2026 |
| Mar 10, 2026 | $1.10 | Mar 31, 2026 |
| Dec 10, 2025 | $1.10 | Dec 31, 2025 |
| Sep 10, 2025 | $1.10 | Sep 30, 2025 |
| Jun 10, 2025 | $1.10 | Jun 30, 2025 |
| Mar 10, 2025 | $1.05 | Mar 31, 2025 |
| Dec 10, 2024 | $1.05 | Dec 31, 2024 |
Short interest
- Shares sold short
- 6,177,337
- Days to cover
- 4.48
- Change vs previous report
- +8.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 12, 1998
- 2-for-1
- Jun 7, 1994
- 2-for-1
- Jun 9, 1986
- 2-for-1