PerpEquities

Equity · Financial services

Is Travelers Companies (The) (TRV) tradable as a perp? Not yet

The Travelers Companies provides commercial and personal property and casualty insurance, including auto, homeowners, workers' comp, and surety bonds.

Not yet listed on any perp exchange

No perpetual-futures venue lists TRV yet. We track it continuously; as soon as the first listing appears, this page becomes a full market page. Until then: fundamentals below and tradable alternatives.

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TradingView symbol NYSE:TRV

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Company data

Company fundamentals

Updated 1h ago
Market cap
$78.1B
Updated 1h ago
Revenue
$49B
Trailing 12 months
Revenue growth
-10%
Next fiscal year
Profit margin
+17.0%
P/E
9.9
Peer P/E 20.9
Free cash flow
$11B
Trailing 12 months
More metrics
Net income
$8.3B
Trailing 12 months
P/S
1.6
Peer P/E
20.9
Similar listed perps
Revenue estimate
$44B
Next fiscal year
Earnings
2026-10-16
Revenue est. $11.3B · Updated 1h ago
Dividend
$1.25
2026-09-10

Fundamental detail

Annual + quarterly
Latest revenue$48.8B
Net margin+12.9%
Free cash flow$10.6B
Net debt$8.6B
2020$32B
2021$34.8B
2022$36.9B
2023$41.4B
2024$46.4B
2025$48.8B
PeriodRevenueGrowthNet incomeFCF
2020$32B+1%$2.7B$6.5B
2021$34.8B+9%$3.7B$7.3B
2022$36.9B+6%$2.8B$6.5B
2023$41.4B+12%$3B$7.7B
2024$46.4B+12%$5B$9.1B
2025$48.8B+5%$6.3B$10.6B
PeriodGross marginOperating marginNet marginROEROA
2020+25.3%+10.1%+8.4%+9.2%+2.3%
2021+27.2%+12.8%+10.5%+12.7%+3.0%
2022+23.1%+9.1%+7.7%+13.2%+2.5%
2023+21.6%+8.1%+7.2%+12.0%+2.4%
2024+26.7%+13.3%+10.8%+17.9%+3.8%
2025+29.4%+16.0%+12.9%+19.1%+4.4%
PeriodCashDebtNet debtCurrent ratio
2020$721M$6.6B$5.8B0.00
2021$761M$7.3B$6.5B1.35
2022$799M$7.3B$6.5B1.22
2023$650M$8B$7.4B1.41
2024$568M$8B$7.5B1.26
2025$710M$9.3B$8.6B0.55
PeriodMarket capEnterprise valueP/SP/E
2020$35.6B$41.4B1.113.3
2021$38.9B$45.4B1.110.7
2022$44.4B$50.9B1.215.7
2023$44B$51.4B1.114.8
2024$54.9B$62.4B1.211.1
2025$65B$73.6B1.310.4
Q3 2024$11.9B
Q4 2024$12B
Q1 2025$11.8B
Q2 2025$12.1B
Q3 2025$12.5B
Q4 2025$12.4B
Q1 2026$11.9B
Q2 2026$12.2B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$11.9B+12%$1.3B$3.9B
Q4 2024$12B+10%$2.1B$2.1B
Q1 2025$11.8B+5%$395M$1.4B
Q2 2025$12.1B+7%$1.5B$2.3B
Q3 2025$12.5B+5%$1.9B$4.2B
Q4 2025$12.4B+3%$2.5B$2.7B
Q1 2026$11.9B+1%$1.7B$2.2B
Q2 2026$12.2B0%$2.2B$1.9B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+26.2%+13.1%+10.6%+4.5%+0.9%
Q4 2024+34.7%+21.6%+17.3%+7.5%+1.6%
Q1 2025+17.2%+4.0%+3.3%+1.4%+0.3%
Q2 2025+29.1%+15.5%+12.5%+5.1%+1.1%
Q3 2025+32.3%+18.8%+15.1%+6.0%+1.3%
Q4 2025+38.3%+25.0%+20.1%+7.6%+1.7%
Q1 2026+31.7%+17.8%+14.3%+5.3%+1.2%
Q2 2026+36.6%+23.7%+18.2%+6.7%+1.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$772M$8B$7.3B1.26
Q4 2024$568M$8B$7.5B1.26
Q1 2025$724M$8B$7.3B1.25
Q2 2025$521M$8B$7.5B1.26
Q3 2025$592M$9.3B$8.7B1.30
Q4 2025$710M$9.3B$8.6B0.55
Q1 2026$615M$9.3B$8.7B1.31
Q2 2026$621M$9.1B$8.4B0.20
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$53.2B$60.5B4.510.6
Q4 2024$54.7B$62.1B4.56.6
Q1 2025$60B$67.3B5.138.2
Q2 2025$60.4B$68B5.010.1
Q3 2025$62.6B$71.2B5.08.3
Q4 2025$63.9B$72.5B5.16.5
Q1 2026$62.8B$71.4B5.39.2
Q2 2026$69.5B$77.9B5.77.9

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$12.2BQ2 2026
$3.1B$6.2B$9.4B$12.5BQ3 2023: $10.6BQ4 2023: $10.9BQ1 2024: $11.2BQ2 2024: $11.3BQ3 2024: $11.9BQ4 2024: $12BQ1 2025: $11.8BQ2 2025: $12.1BQ3 2025: $12.5BQ4 2025: $12.4BQ1 2026: $11.9BQ2 2026: $12.2BQ3 2023Q2 2026
Net income$2.2BQ2 2026
$624M$1.2B$1.9B$2.5BQ3 2023: $404MQ4 2023: $1.6BQ1 2024: $1.1BQ2 2024: $534MQ3 2024: $1.3BQ4 2024: $2.1BQ1 2025: $395MQ2 2025: $1.5BQ3 2025: $1.9BQ4 2025: $2.5BQ1 2026: $1.7BQ2 2026: $2.2BQ3 2023Q2 2026
EBITDA$2.9BQ2 2026
$845.3M$1.7B$2.5B$3.4BQ3 2023: $739MQ4 2023: $2.3BQ1 2024: $1.7BQ2 2024: $936MQ3 2024: $1.8BQ4 2024: $2.9BQ1 2025: $755MQ2 2025: $2.1BQ3 2025: $2.6BQ4 2025: $3.4BQ1 2026: $2.4BQ2 2026: $2.9BQ3 2023Q2 2026
Free cash flow$1.9BQ2 2026
$1.1B$2.1B$3.2B$4.2BQ3 2023: $3BQ4 2023: $2.1BQ1 2024: $1.5BQ2 2024: $1.7BQ3 2024: $3.9BQ4 2024: $2.1BQ1 2025: $1.4BQ2 2025: $2.3BQ3 2025: $4.2BQ4 2025: $2.7BQ1 2026: $2.2BQ2 2026: $1.9BQ3 2023Q2 2026
EPS$10.3Q2 2026
$2.77$5.53$8.3$11.1Q3 2023: $1.74Q4 2023: $6.98Q1 2024: $4.81Q2 2024: $2.29Q3 2024: $5.42Q4 2024: $8.96Q1 2025: $1.7Q2 2025: $6.53Q3 2025: $8.24Q4 2025: $11.1Q1 2026: $7.78Q2 2026: $10.3Q3 2023Q2 2026
Cash / Debt$621MQ2 2026
$2.3B$4.6B$7B$9.3BQ3 2023 · Cash: $593MQ3 2023 · Debt: $8BQ4 2023 · Cash: $650MQ4 2023 · Debt: $8BQ1 2024 · Cash: $667MQ1 2024 · Debt: $8BQ2 2024 · Cash: $729MQ2 2024 · Debt: $8.1BQ3 2024 · Cash: $772MQ3 2024 · Debt: $8BQ4 2024 · Cash: $568MQ4 2024 · Debt: $8BQ1 2025 · Cash: $724MQ1 2025 · Debt: $8BQ2 2025 · Cash: $521MQ2 2025 · Debt: $8BQ3 2025 · Cash: $592MQ3 2025 · Debt: $9.3BQ4 2025 · Cash: $710MQ4 2025 · Debt: $9.3BQ1 2026 · Cash: $615MQ1 2026 · Debt: $9.3BQ2 2026 · Cash: $621MQ2 2026 · Debt: $9.1BQ3 2023Q2 2026
CashDebt
Profitability+36.6%Q2 2026
+9.6%+19.2%+28.7%+38.3%Q3 2023 · Gross margin: +17.7%Q4 2023 · Gross margin: +31.2%Q1 2024 · Gross margin: +25.6%Q2 2024 · Gross margin: +19.8%Q3 2024 · Gross margin: +26.2%Q4 2024 · Gross margin: +34.7%Q1 2025 · Gross margin: +17.2%Q2 2025 · Gross margin: +29.1%Q3 2025 · Gross margin: +32.3%Q4 2025 · Gross margin: +38.3%Q1 2026 · Gross margin: +31.7%Q2 2026 · Gross margin: +36.6%Q3 2023 · Operating margin: +4.4%Q4 2023 · Operating margin: +18.5%Q1 2024 · Operating margin: +12.2%Q2 2024 · Operating margin: +5.8%Q3 2024 · Operating margin: +13.1%Q4 2024 · Operating margin: +21.6%Q1 2025 · Operating margin: +4.0%Q2 2025 · Operating margin: +15.5%Q3 2025 · Operating margin: +18.8%Q4 2025 · Operating margin: +25.0%Q1 2026 · Operating margin: +17.8%Q2 2026 · Operating margin: +23.7%Q3 2023 · Net margin: +3.8%Q4 2023 · Net margin: +14.9%Q1 2024 · Net margin: +10.0%Q2 2024 · Net margin: +4.7%Q3 2024 · Net margin: +10.6%Q4 2024 · Net margin: +17.3%Q1 2025 · Net margin: +3.3%Q2 2025 · Net margin: +12.5%Q3 2025 · Net margin: +15.1%Q4 2025 · Net margin: +20.1%Q1 2026 · Net margin: +14.3%Q2 2026 · Net margin: +18.2%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+0.3%Q2 2026
+3.0%+6.0%+8.9%+11.9%Q3 2024: +11.9%Q4 2024: +9.8%Q1 2025: +5.2%Q2 2025: +7.4%Q3 2025: +4.8%Q4 2025: +3.5%Q1 2026: +1.0%Q2 2026: +0.3%Q3 2023Q2 2026
Shares outstanding213.6MQ2 2026
58M116M174M232MQ3 2023: 231.1MQ4 2023: 231.1MQ1 2024: 232MQ2 2024: 231.5MQ3 2024: 230.6MQ4 2024: 230.7MQ1 2025: 230.4MQ2 2025: 229.3MQ3 2025: 227.5MQ4 2025: 224MQ1 2026: 218.4MQ2 2026: 213.6MQ3 2023Q2 2026
Valuation7.9Q2 2026
9.619.128.738.2Q3 2023 · P/E: 23.3Q4 2023 · P/E: 6.8Q1 2024 · P/E: 11.7Q2 2024 · P/E: 22.0Q3 2024 · P/E: 10.6Q4 2024 · P/E: 6.6Q1 2025 · P/E: 38.2Q2 2025 · P/E: 10.1Q3 2025 · P/E: 8.3Q4 2025 · P/E: 6.5Q1 2026 · P/E: 9.2Q2 2026 · P/E: 7.9Q3 2023 · P/S: 3.5Q4 2023 · P/S: 4.0Q1 2024 · P/S: 4.7Q2 2024 · P/S: 4.1Q3 2024 · P/S: 4.5Q4 2024 · P/S: 4.5Q1 2025 · P/S: 5.1Q2 2025 · P/S: 5.0Q3 2025 · P/S: 5.0Q4 2025 · P/S: 5.1Q1 2026 · P/S: 5.3Q2 2026 · P/S: 5.7Q3 2023Q2 2026
P/EP/S
Revenue$48.8B2025
$12.2B$24.4B$36.6B$48.8B2018: $30.3B2019: $31.6B2020: $32B2021: $34.8B2022: $36.9B2023: $41.4B2024: $46.4B2025: $48.8B20182025
Net income$6.3B2025
$1.6B$3.1B$4.7B$6.3B2018: $2.5B2019: $2.6B2020: $2.7B2021: $3.7B2022: $2.8B2023: $3B2024: $5B2025: $6.3B20182025
EBITDA$8.9B2025
$2.2B$4.5B$6.7B$8.9B2018: $4.1B2019: $4.2B2020: $4.4B2021: $5.7B2022: $4.5B2023: $4.5B2024: $7.3B2025: $8.9B20182025
Free cash flow$10.6B2025
$2.7B$5.3B$8B$10.6B2018: $4.4B2019: $5.2B2020: $6.5B2021: $7.3B2022: $6.5B2023: $7.7B2024: $9.1B2025: $10.6B20182025
EPS$27.42025
$6.86$13.7$20.6$27.42018: $9.352019: $9.922020: $10.52021: $14.52022: $11.82023: $12.82024: $21.52025: $27.420182025
Cash / Debt$710M2025
$2.3B$4.6B$7B$9.3B2018 · Cash: $373M2018 · Debt: $6.6B2019 · Cash: $494M2019 · Debt: $6.6B2020 · Cash: $721M2020 · Debt: $6.6B2021 · Cash: $761M2021 · Debt: $7.3B2022 · Cash: $799M2022 · Debt: $7.3B2023 · Cash: $650M2023 · Debt: $8B2024 · Cash: $568M2024 · Debt: $8B2025 · Cash: $710M2025 · Debt: $9.3B20182025
CashDebt
Profitability+29.4%2025
+7.3%+14.7%+22.0%+29.4%2018 · Gross margin: +25.1%2019 · Gross margin: +24.8%2020 · Gross margin: +25.3%2021 · Gross margin: +27.2%2022 · Gross margin: +23.1%2023 · Gross margin: +21.6%2024 · Gross margin: +26.7%2025 · Gross margin: +29.4%2018 · Operating margin: +9.8%2019 · Operating margin: +9.9%2020 · Operating margin: +10.1%2021 · Operating margin: +12.8%2022 · Operating margin: +9.1%2023 · Operating margin: +8.1%2024 · Operating margin: +13.3%2025 · Operating margin: +16.0%2018 · Net margin: +8.3%2019 · Net margin: +8.3%2020 · Net margin: +8.4%2021 · Net margin: +10.5%2022 · Net margin: +7.7%2023 · Net margin: +7.2%2024 · Net margin: +10.8%2025 · Net margin: +12.9%20182025
Gross marginOperating marginNet margin
Revenue growth+5.2%2025
+3.1%+6.1%+9.2%+12.2%2019: +4.3%2020: +1.3%2021: +8.9%2022: +6.0%2023: +12.1%2024: +12.2%2025: +5.2%20182025
Shares outstanding227.6M2025
67.5M134.9M202.4M269.8M2018: 269.8M2019: 262.3M2020: 254.6M2021: 250.8M2022: 239.7M2023: 232.2M2024: 231.1M2025: 227.6M20182025
Valuation10.42025
3.97.911.815.72018 · P/E: 12.72019 · P/E: 13.72020 · P/E: 13.32021 · P/E: 10.72022 · P/E: 15.72023 · P/E: 14.82024 · P/E: 11.12025 · P/E: 10.42018 · P/S: 1.12019 · P/S: 1.12020 · P/S: 1.12021 · P/S: 1.12022 · P/S: 1.22023 · P/S: 1.12024 · P/S: 1.22025 · P/S: 1.320182025
P/EP/S

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202634.08$44B-10%18
FY 202730.27$45.2B-7%17
FY 202830.59$46.7B-4%7
Q1 20277.73$10.7B-10%7
Q2 20275.84$11.7B-4%15
Q3 20276.87$11.6B-7%9

Company events

6
2026-10-16EarningsActual - / Estimate 6.77-
2026-09-10Dividend$1.25-
2026-07-17EarningsActual 10.04 / Estimate 5.41Beat
2026-06-10Dividend$1.25-
2026-04-16EarningsActual 7.71 / Estimate 7.07Beat
2026-03-10Dividend$1.1-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
LYG$84.3B1.013.5+26.7%1KKR$88.7B4.229.4+15.0%1NU$66.1B3.418.4+18.6%1CME$99.2B14.723.3+63.1%3HOOD$107.7B21.851.9+42.0%30PYPL$44.8B1.39.8+14.4%13SPGI$119.5B7.424.7+30.5%1HBAN$32.1B2.211.7+16.6%1

Analyst track record

How the analysts covering TRV have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings115316
Analysts2433
Buy / hold / sell43 / 51 / 21108 / 156 / 52
Upgrades / downgrades / initiations1 / 9 / 26 / 17 / 12
Price targets hit / missed101 / 6 (94%)287 / 6 (98%)
Avg. return after a rating (TipRanks)+19.7%+42.9%
Best / worst call+54.9% / -10.7%+120.6% / -10.7%

After buy calls on this stock: median 21-day move +3.8% vs S&P 500 +0.4% (n = 107)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. David MotemadenEvercore ISI100% hit rate on this stock · 9 targets measuredHoldtarget $338Jul 20, 2026
  2. Michael ZaremskiBMO Capital91% hit rate on this stock · 11 targets measuredHoldtarget $379Jul 21, 2026
  3. Joshua ShankerBank of America Securities90% hit rate on this stock · 10 targets measuredSelltarget $307Jul 20, 2026

Latest ratings

DateAnalystCallTarget
Sep 15, 2026Yaron KinarMizuho SecuritiesHoldMaintained$348article ↗
Sep 15, 2026Yaron KinarMizuho SecuritiesHoldMaintained$348
Jul 28, 2026Pablo SingzonJ.P. MorganHoldMaintained$348article ↗
Jul 24, 2026Yaron KinarMizuho SecuritiesHoldMaintained$343article ↗
Jul 22, 2026Mark HughesTruist FinancialBuyMaintained–article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$260$280$300$320$340$360$380Oct 25 · Buy 8 · Hold 9 · Sell 2Oct 25Nov 25 · Buy 8 · Hold 9 · Sell 2Dec 25 · Buy 8 · Hold 10 · Sell 2Dec 25Jan 26 · Buy 8 · Hold 9 · Sell 2Feb 26 · Buy 8 · Hold 9 · Sell 2Feb 26Mar 26 · Buy 8 · Hold 8 · Sell 3Apr 26 · Buy 7 · Hold 8 · Sell 3Apr 26May 26 · Buy 7 · Hold 9 · Sell 2Jun 26 · Buy 7 · Hold 8 · Sell 3Jun 26Jul 26 · Buy 6 · Hold 11 · Sell 6Aug 26 · Buy 6 · Hold 11 · Sell 6Aug 26Sep 26 · Buy 6 · Hold 11 · Sell 6Oct 25 · avg. target $298Nov 25 · avg. target $299Dec 25 · avg. target $300Jan 26 · avg. target $302Feb 26 · avg. target $304Mar 26 · avg. target $306Apr 26 · avg. target $314May 26 · avg. target $316Jun 26 · avg. target $313Jul 26 · avg. target $351Aug 26 · avg. target $351Sep 26 · avg. target $351Oct 25 · month-end close $269Nov 25 · month-end close $293Dec 25 · month-end close $290Jan 26 · month-end close $285Feb 26 · month-end close $309Mar 26 · month-end close $292Apr 26 · month-end close $305May 26 · month-end close $292Jun 26 · month-end close $330Jul 26 · month-end close $374Aug 26 · month-end close $366Sep 26 · month-end close $379

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 115 ratings