← Who reports today · Financials
How Travelers (TRV) makes money: Q2 2026 revenue breakdown
US GAAP · $M pre-tax flows · vs Q2 2025 · reported 07/17/2026
The Travelers Companies, Inc., commonly known as Travelers, is an American multinational insurance company. · Wikipedia
More about the company
It is the second-largest writer of U.S. commercial property and casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Travelers is incorporated in Minnesota, with headquarters in New York City, and its largest office in Hartford, Connecticut. It has been a component of the Dow Jones Industrial Average since June 8, 2009.
Key growth driver: Underwriting margin: renewal rate gains and lower catastrophe losses; higher investment income. · by the Q2 2026 report
How does Travelers make money?
Travelers brought in $12.2 billion of revenue in Q2 2026, up 0.3% year over year. The largest source was Earned Premiums: $10.8 billion, or 88% of the total, followed by Investment & Fee Income (≈$1.40B, 12%). Net income for the quarter was $2.21 billion, up 46% year over year.
Revenue by source, Q2 2026
- Earned Premiums$10.8B · 88% · −1.5%
- Investment & Fee Income≈$1.40B · 12%
Shares of $12.2B total revenue; changes are year over year, as reported. ≈ marks lines derived from disclosed totals. The same flows are drawn in the Sankey chart below.
When is TRV’s next earnings date?
Friday, October 16, 2026confirmed · before market open
Travelers (TRV) is scheduled to report results for the quarter ending Sep 2026 on Oct 16, 2026. Consensus EPS forecast: $6.80 (12 analysts), vs $8.14 in the same quarter last year.
What time does TRV report? Usually before market open: the last 4 results releases reached the SEC at 6:58 am, 6:58 am, 6:58 am, 6:58 am ET.
Last report: Jul 17, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$12,153
+0.3%
Net income
$2,208
+46%
EPS $10.26 · +57%
Verdict: a textbook underwriting quarter — combined ratio 83.6% (vs 90.3%) as claims fell 13% on light catastrophes and 5.4 points of favorable reserve development; premiums were flat, so the +46% net income ($2,208M) is margin, not growth, and buybacks (−7% share count) stretched EPS +57% to $10.26.
Core ROE 24.9%; book value per share +21% y/y to $158.81. Segment core income: Business $1,198M (+47%), Personal $827M (+55%), Bond & Specialty $234M.
Source and notation
≈ marks derived lines (full GAAP statement lives in the 10-Q; release discloses combined-ratio components). Source: Travelers press release 8-K (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
TRV earnings history: past report dates
| Jul 17, 2026 Fri | 6:58 ambefore market open | Jun 30, 2026 | $12.2B+0% y/y | $10.26+57% y/y |
| Apr 16, 2026 Thu | 6:58 ambefore market open | Mar 31, 2026 | $11.9B+1% y/y | $7.78+358% y/y |
| Jan 21, 2026 Wed | 6:58 ambefore market open | Dec 31, 2025 | ≈$12.4B+4% y/y | ≈$10.96+22% y/y |
| Oct 16, 2025 Thu | 6:58 ambefore market open | Sep 30, 2025 | $12.5B+5% y/y | $8.24+52% y/y |
| Jul 17, 2025 Thu | 6:58 ambefore market open | Jun 30, 2025 | $12.1B+7% y/y | $6.53+185% y/y |
| Apr 16, 2025 Wed | 6:58 ambefore market open | Mar 31, 2025 | $11.8B+5% y/y | $1.70−65% y/y |
| Jan 22, 2025 Wed | 6:59 ambefore market open | Dec 31, 2024 | ≈$12.0B+10% y/y | ≈$8.96+28% y/y |
| Oct 17, 2024 Thu | 6:59 ambefore market open | Sep 30, 2024 | $11.9B+12% y/y | $5.42+211% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Travelers: 5-year financials
| 2025 | 48,828 | 6,288 | 979 |
| 2024 | 46,423 | 4,999 | 951 |
| 2023 | 41,364 | 2,991 | 908 |
| 2022 | 36,884 | 2,842 | 875 |
| 2021 | 34,816 | 3,662 | 869 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Feb 202610-K FY2025 cover: a single class of common stock; Note 17 "Contingencies" covers asbestos and insurance disputes — no shareholder suits and no SEC cases. sec.gov ↗
- Feb 2026Shares outstanding of 216.2M vs. 252.2M in February 2021 (−14%); SBC 0.5% of revenue. data.sec.gov ↗
- Jan 2026The board declared a regular quarterly dividend of $1.10 per share; in 2025 the company paid $979M in dividends and bought back $3.0B of stock. sec.gov ↗
Scoring: 2.0, no deductions: single share class, share count −14% over 5 years, quarterly dividends paid without cuts, no shareholder suits or SEC cases = 2.0
- Share classes
- Single class — Common stock without par value (NYSE: TRV).
- Dilution
- Shares 252.2M (February 2021) → 216.2M (February 2026), −14.3%; SBC 0.5% of revenue; buybacks of $1–3B a year.
- Disclosure
- Full 10-K/10-Q reporting.
- Dividends
- Quarterly dividend with no cuts; $1.10 per share declared in January 2026; in 2025 the company paid $979M in dividends and bought back $3.0B of stock.
- Lawsuits & regulators
- Note 17 "Contingencies" covers asbestos and insurance claims; no shareholder disclosure suits and no SEC cases.
- Related parties
- 2026 proxy: related-party transactions are approved under policy by the nominating committee; no material transactions disclosed.
How the score works · checked as of Sep 2026
Travelers (TRV) earnings: FAQ
How does Travelers make money?
Travelers brought in $12.2 billion of revenue in Q2 2026, up 0.3% year over year. The largest source was Earned Premiums: $10.8 billion, or 88% of the total, followed by Investment & Fee Income (≈$1.40B, 12%). Net income for the quarter was $2.21 billion, up 46% year over year.
When is TRV's next earnings date?
Travelers (TRV) is scheduled to report on Oct 16, 2026, before market open.
What time does TRV report earnings?
Travelers is scheduled to report before market open on Oct 16, 2026. Its last results releases were filed before market open, most recently at 6:58 am ET on Jul 17, 2026.
When did TRV last report earnings?
Travelers reported Q2 2026 results on Jul 17, 2026.
What is the EPS estimate for TRV's next earnings?
The consensus EPS forecast is $6.80 (12 analysts), vs $8.14 in the same quarter last year.
Where can I find Travelers's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to TRV's filings; this page breaks the latest report down in a Sankey chart.
What was TRV's net income in Q2 2026?
Travelers reported net income of $2,208M for Q2 2026 (+46% year over year), under US GAAP.
Does Travelers pay dividends?
Yes. In 2025, Travelers paid $979M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing. How we make the breakdowns · Report an error
More reports: USB · Q2 2026 · V · Q3 2026 · WFC · Q2 2026 · AON · Q2 2026 · APO · Q2 2026 · AXP · Q2 2026 · BAC · Q2 2026 · BLK · Q2 2026 · BNY · Q2 2026 · BX · Q2 2026 · all reports