Travelers Companies (TRV) Operating Expenses (2009 - 2026)
Travelers Companies (TRV) recorded quarterly Operating Expenses of $9.8 billion in Q1 2026, up 5.1% quarter-over-quarter from $9.3 billion in Q4 2025, and down 13.55% on a YoY basis from $11.3 billion in Q1 2025.
Travelers Companies (TRV) Operating Expenses (2009 - 2026) Analysis & Trends
Travelers Companies' Operating Expenses history runs 18 years deep, the most recent figure standing at $9.8 billion for Q1 2026.
- In Q1 2026, Operating Expenses fell 13.55% year-over-year to $9.8 billion; the TTM figure through Mar 2026 stood at $39.5 billion (down 5.35% YoY), while the FY2025 annual figure was $41.0 billion, up 1.96% from the prior year.
- Operating Expenses was $9.8 billion for Q1 2026 at Travelers Companies, up from $9.3 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $11.3 billion in Q1 2025 to a low of $7.6 billion in Q1 2022.
- Historically, Operating Expenses has averaged $9.6 billion across 5 years, with a median of $9.8 billion in 2026.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses climbed 19.66% in 2023, then decreased 13.55% in 2026.
- A 5-year view of Operating Expenses shows it stood at $8.6 billion in 2022, then climbed by 2.99% to $8.9 billion in 2023, then gained by 5.68% to $9.4 billion in 2024, then retreated by 0.9% to $9.3 billion in 2025, then grew by 5.1% to $9.8 billion in 2026.
- The last three Operating Expenses figures came in at $9.8 billion (Q1 2026), $9.3 billion (Q4 2025), and $10.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.78 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 18.62 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 9.81 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 13.83 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 3.07 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 2.54 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 3.10 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 4.09 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 3.08 Bn |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 3.41 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.81 Bn |
| Dec 31, 2025 | 9.33 Bn |
| Sep 30, 2025 | 10.13 Bn |
| Jun 30, 2025 | 10.24 Bn |
| Mar 31, 2025 | 11.34 Bn |
| Dec 31, 2024 | 9.41 Bn |
| Sep 30, 2024 | 10.34 Bn |
| Jun 30, 2024 | 10.63 Bn |
| Mar 31, 2024 | 9.86 Bn |
| Dec 31, 2023 | 8.91 Bn |
| Sep 30, 2023 | 10.16 Bn |
| Jun 30, 2023 | 10.15 Bn |
| Mar 31, 2023 | 8.78 Bn |
| Dec 31, 2022 | 8.65 Bn |
| Sep 30, 2022 | 8.78 Bn |
| Jun 30, 2022 | 8.48 Bn |
| Mar 31, 2022 | 7.63 Bn |
| Dec 31, 2021 | 7.36 Bn |
| Sep 30, 2021 | 8.02 Bn |
| Jun 30, 2021 | 7.56 Bn |