TRV financial statements
The full income statement, balance sheet, and cash-flow statement for The Travelers Companies Inc. (TRV), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 48.8B+5.2% | 46.4B+12.2% | 41.4B+12.1% | 36.9B+5.9% | 34.8B+8.9% | |
| Selling, general & administrative | 6.12B+5.2% | 5.82B+12.4% | 5.18B+7.6% | 4.81B+2.8% | 4.68B+3.7% | |
| Amortization of intangibles | 20.0M-4.8% | 21.0M+75.0% | 12.0M-7.7% | 13.0M-7.1% | 14.0M+0.0% | |
| Interest expense | 425M+8.4% | 392M+4.3% | 376M+7.1% | 351M+3.2% | 340M+0.3% | |
| Equity-method income | 226M-23.1% | 294M+87.3% | 157M-53.3% | 336M-66.2% | 993M+663.8% | |
| Gain (loss) on equity securities | 50.0M-43.8% | 89.0M+456.3% | 16.0M+126.2% | -61.0M-178.2% | 78.0M+188.9% | |
| Pre-tax income | 7.80B+26.1% | 6.18B+83.3% | 3.37B+0.5% | 3.35B-24.8% | 4.46B+37.7% | |
| Income tax | 1.51B+27.7% | 1.18B+210.8% | 380M-25.8% | 512M-35.7% | 796M+47.4% | |
| 6.29B+25.8% | 5.00B+67.1% | 2.99B+5.2% | 2.84B-22.4% | 3.66B+35.8% | ||
| Net income to common | 6.24B+25.8% | 4.96B+67.1% | 2.97B+5.2% | 2.82B-22.4% | 3.63B+35.7% | |
| $27.43+27.8% | $21.47+67.9% | $12.79+8.7% | $11.77-18.8% | $14.49+37.7% | ||
| EPS (basic) | $27.83+27.9% | $21.76+68.3% | $12.93+8.6% | $11.91-18.6% | $14.63+38.5% | |
| Weighted-avg shares (basic) | 224M-1.7% | 228M-0.7% | 230M-3.1% | 237M-4.6% | 249M-2.0% | |
| Weighted-avg shares (diluted) | 228M-1.5% | 231M-0.5% | 232M-3.1% | 240M-4.4% | 251M-1.5% | |
| Dividends per share | $4.53+7.9% | $4.19+5.8% | $3.96+5.1% | $3.77+4.8% | $3.60+5.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 842M+20.5% | 699M+7.5% | 650M-18.6% | 799M+5.0% | 761M+5.5% | |
| 144B+7.9% | 133B+5.7% | 126B+8.9% | 116B-3.9% | 120B+3.2% | ||
| Goodwill | 4.07B-3.9% | 4.23B+6.5% | 3.98B+0.6% | 3.95B-1.4% | 4.01B+0.8% | |
| Intangible assets | 336M-6.7% | 360M+30.0% | 277M-3.5% | 287M-6.2% | 306M-3.5% | |
| Deferred tax assets | 887M-49.7% | 1.76B+17.2% | 1.50B-19.9% | 1.88B | 0.00 | |
| Short-term & current debt | 300M+200.0% | 100M+0.0% | 100M+0.0% | 100M+0.0% | 100M+0.0% | |
| 111B+5.2% | 105B+4.2% | 101B+7.3% | 94.2B+2.8% | 91.6B+4.6% | ||
| Operating lease liability (total) | 245M-10.9% | 275M+13.2% | 243M-12.6% | 278M-16.0% | 331M-8.6% | |
| Deferred tax liabilities | — | — | — | 0.00-100.0% | 289M-48.2% | |
| 32.9B+18.1% | 27.9B+11.8% | 24.9B+15.6% | 21.6B-25.4% | 28.9B-1.1% | ||
| Retained earnings | 54.9B+10.7% | 49.6B+8.9% | 45.6B+4.8% | 43.5B+4.7% | 41.6B+7.2% | |
| Treasury stock | 45.4B+7.6% | 42.3B+2.8% | 41.1B+2.6% | 40.1B+5.4% | 38.0B+6.1% | |
| Accumulated other comprehensive income | -2.50B+49.7% | -4.97B-11.1% | -4.47B+30.6% | -6.45B-640.2% | 1.19B-52.3% | |
| Total liabilities & equity | 144B+7.9% | 133B+5.7% | 126B+8.9% | 116B-3.9% | 120B+3.2% | |
| Common shares outstanding | 218M-4.0% | 227M-0.7% | 228M-1.7% | 232M-3.8% | 241M-4.4% | |
| Shares outstanding (cover) | 216M-4.6% | 227M-1.0% | 229M-1.3% | 232M-3.9% | 242M-4.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 10.6B+16.9% | 9.07B+17.7% | 7.71B+19.3% | 6.46B-11.1% | 7.27B+11.6% | ||
| Depreciation & amortization | 680M-4.9% | 715M-1.0% | 722M-12.6% | 826M-5.1% | 870M+10.3% | |
| Intangible amortization | 20.0M-4.8% | 21.0M+75.0% | 12.0M-7.7% | 13.0M-7.1% | 14.0M+0.0% | |
| Deferred income taxes | 231M+249.0% | -155M-25.0% | -124M+45.9% | -229M-457.8% | 64.0M+306.5% | |
| Other operating activities | 81.0M-85.4% | 556M-14.1% | 647M+1337.8% | 45.0M-94.0% | 750M+481.4% | |
| -7.65B-5.3% | -7.26B-6.5% | -6.82B-83.0% | -3.73B+28.3% | -5.20B-6.2% | ||
| Acquisitions | 0.00-100.0% | 382M | 0.00-100.0% | 4.00M-89.5% | 38.0M | |
| Sales/maturities of investments | 11.7B+36.6% | 8.54B+34.0% | 6.37B-6.8% | 6.84B-22.8% | 8.85B+19.8% | |
| Other investing activities | 533M+30.6% | 408M-11.7% | 462M+20.0% | 385M+38.0% | 279M-15.5% | |
| -2.66B-52.4% | -1.75B-66.2% | -1.05B+60.6% | -2.67B-31.0% | -2.04B-43.9% | ||
| Long-term debt issued | 1.23B | 0.00-100.0% | 738M | 0.00-100.0% | 739M+50.8% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 3.00B+199.5% | 1.00B+4.7% | 958M-52.1% | 2.00B-7.2% | 2.16B+245.0% | |
| Dividends paid | 979M+2.9% | 951M+4.7% | 908M+3.8% | 875M+0.7% | 869M+0.9% | |
| FX effect on cash | — | — | — | -30.0M-2900.0% | -1.00M-106.3% | |
| Net change in cash | 314M+540.8% | 49.0M+132.9% | -149M-492.1% | 38.0M-5.0% | 40.0M-82.4% | |
| Interest paid | 393M+0.8% | 390M+5.4% | 370M+6.0% | 349M+3.6% | 337M-0.6% | |
| Income taxes paid | 1.27B-2.7% | 1.31B+551.7% | 201M-75.4% | 817M+15.6% | 707M+22.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 62.7B+14.8% | 54.6B+25.5% | 43.5B-1.0% | 43.9B+16.3% | 37.8B+6.7% | |
| P/E | 10.0×-8.7% | 10.9×-45.2% | 19.9×+52.2% | 13.1×+26.9% | 10.3×-21.4% | |
| P/S | 1.3×+9.2% | 1.2×+8.4% | 1.1×-10.4% | 1.2×+11.7% | 1.1×-2.0% | |
| P/B | 1.9×-2.7% | 2.0×-10.0% | 2.2×-1.3% | 2.2×+68.8% | 1.3×+7.9% | |
| Earnings yield | 10.0%+9.5% | 9.2%+82.3% | 5.0%-34.3% | 7.6%-21.2% | 9.7%+27.2% | |
| Dividend yield | 1.6%-10.4% | 1.7%-16.3% | 2.1%+3.5% | 2.0%-12.6% | 2.3%-5.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TRV’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TRV filings on SEC EDGAR → Not investment advice.