The Travelers Companies, Inc.
Financial Performance
Travelers Revenue & Financials
Revenue
$48.8B (FY2025)
Market Cap
$77B
Net Income
$6.3B
Employees
32,500
What is Travelers's revenue?
Travelers had $48.8B in revenue for fiscal year 2025, up 5.2% from 2024. Net income was $6.3B.
- Latest revenue
- $48.8B (FY2025)
- Year-over-year
- +5.2%
- Growth rate (CAGR)
- 6.5% over 9 years
- Peak revenue
- $48.8B (FY2025)
- Years of data
- 10
- Employees
- 32,500
- How much profit does Travelers make?
- Travelers reported net income of $6.3B for fiscal year 2025. sec.gov
- How many employees does Travelers have?
- Travelers has about 32,500 employees.
Financial Analysis
Travelers reported $48.828 billion in total revenues and $6.288 billion in net income for 2025, up from $46.423 billion and $4.999 billion in 2024. Core income was about $6.3 billion, or $27.59 per diluted share, for a core return on equity of 19.4%, and net written premiums reached a record $44.4 billion. Results kept improving in 2026: second-quarter net income was $2.208 billion ($10.26 per diluted share) versus $1.509 billion a year earlier, with an 83.6% combined ratio, $518 million of catastrophe losses and $883 million of after-tax net investment income. The company returned $1.577 billion to shareholders in that quarter alone.
Revenue Trend Analysis
YoY Change
+5.2%
9-Year CAGR
+6.5%
Peak Year
2025
Trend
Consistent Growth
The Travelers Companies, Inc. has 10 full fiscal year figures on this page, compounding at +6.5% annually over 9 years. The most recent year saw a 5.2% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $48.8B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
Click any row to see year details.
The Travelers Companies, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row.
| Fiscal Year | Operating cash flow | Total assets | Total liabilities | Shareholders' equity | Source |
|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $10.6B | $143.7B | $110.8B | $32.9B | Form 10-K |
| FY2024ended Dec 31, 2024 | $9.1B | $133.2B | $105.3B | $27.9B | Form 10-K |
| FY2023ended Dec 31, 2023 | $7.7B | $126B | $101.1B | $24.9B | Form 10-K |
| FY2022ended Dec 31, 2022 | $6.5B | $115.7B | $94.2B | $21.6B | Form 10-K |
| FY2021ended Dec 31, 2021 | $7.3B | $120.5B | $91.6B | $28.9B | Form 10-K |
| FY2020ended Dec 31, 2020 | $6.5B | $116.8B | $87.6B | $29.2B | Form 10-K |
| FY2019ended Dec 31, 2019 | $5.2B | $110.1B | $84.2B | $25.9B | Form 10-K |
| FY2018ended Dec 31, 2018 | $4.4B | $104.2B | $81.3B | $22.9B | Form 10-K |
| FY2017ended Dec 31, 2017 | $4.1B | $103.5B | $79.8B | $23.7B | Form 10-K |
| FY2016ended Dec 31, 2016 | $4.5B | $100.2B | $77B | $23.2B | Form 10-K |
Keep researching Travelers
Travelers Revenue and Financial FAQ
What were Travelers' total revenues and net income for 2025?
Travelers reported record financial performance in 2025, generating $48.828 billion in total revenues and $6.288 billion in net income, driven by robust premium growth, disciplined underwriting, and higher investment yields.
How much did Travelers write in net written premiums in 2025?
Travelers wrote a record $44.4 billion in net written premiums in 2025, reflecting solid renewal rate gains and strong retention across commercial lines and personal insurance.
What was Travelers' consolidated combined ratio in 2025?
Travelers achieved an outstanding consolidated combined ratio of approximately 88.5% to 90.0% in 2025, reflecting disciplined pricing and strong underlying underwriting margins.
How much net investment income does Travelers generate annually?
Travelers generates over $3.0 billion to $3.5 billion in annual net investment income, benefiting from higher reinvestment yields across its fixed-income portfolio and steady private equity returns.
What is Travelers' Core Return on Equity (ROE)?
Travelers produced a core return on equity exceeding 15% to 17% in 2025, placing it among the highest-performing commercial property and casualty insurers in North America.
What is Travelers' dividend track record and payout policy?
Travelers has increased its cash dividend for more than 20 consecutive years, maintaining a conservative dividend payout ratio around 25–30% of earnings while returning additional excess capital through share repurchases.
How much capital does Travelers return to shareholders via share buybacks?
Travelers typically repurchases between $1.5 billion and $2.5 billion of its common shares annually, reducing share count and boosting adjusted book value per share over multi-year cycles.
What is the size and asset composition of Travelers' investment portfolio?
The investment portfolio exceeds $100 billion, with ~94% allocated to high-grade fixed-income bonds, US Treasuries, and municipal securities, and approximately 6% in private equity and real estate joint ventures.
How do severe weather catastrophe losses affect Travelers' quarterly financials?
Catastrophes like severe convective storms, hurricanes, and winter freezes create quarterly earnings volatility, but Travelers manages this through budgeted pre-tax catastrophe allowances and extensive reinsurance.
What are Travelers' financial strength and credit ratings?
Travelers maintains top-tier insurer financial strength ratings: "A++" (Superior) from AM Best, "AA" from Fitch Ratings, and "Aa2" from Moody's, reflecting exceptional capitalization and balance sheet stability.
How has adjusted book value per share grown over the last decade?
Travelers has compounded adjusted book value per share at an annualized rate of 8% to 10% over the past decade, driven by retained underwriting profits and disciplined share repurchases.
What is Travelers' financial leverage and debt-to-capital ratio?
Travelers operates with a conservative debt-to-total-capital ratio typically between 20% and 23%, well within the prudent parameters required to maintain top-tier investment-grade ratings.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Travelers Revenue & Financials." CorpDigest, https://corpdigest.com/company/travelers/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Travelers reported $48.8B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/travelers/financials" target="_blank" rel="noopener">CorpDigest — Travelers financials</a></div>Related Financial Audits
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