Travelers Companies (TRV) Operating Expenses (2009 - 2026)

Travelers Companies (TRV) posted quarterly Operating Expenses of $9.8 billion for Q1 2026, down 13.55% year-over-year from $11.3 billion in Q1 2025, and up 5.1% on a QoQ basis from $9.3 billion in Q4 2025.

Travelers Companies (TRV) Operating Expenses (2009 - 2026) Analysis & Trends

Travelers Companies (TRV) has reported Operating Expenses for 18 consecutive years, with $9.8 billion the latest figure, recorded in 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 came in at $9.8 billion for Q1 2026 at Travelers Companies, up from $9.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was $11.3 billion in Q1 2025, with the low at $7.6 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $9.6 billion, with a median of $9.8 billion recorded in 2026.
  • Across the five-year window, Operating Expenses rose 19.66% in 2023 and declined 13.55% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $8.6 billion in 2022, then rose by 2.99% to $8.9 billion in 2023, then grew by 5.68% to $9.4 billion in 2024, then dropped by 0.9% to $9.3 billion in 2025, then gained by 5.1% to $9.8 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $9.8 billion, $9.3 billion, and $10.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 3.10 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 18.62 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 11.78 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 2.54 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 9.81 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 13.83 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -108.20 Mn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 4.09 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 17.90 Mn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn 3.08 Bn

Historic Data

Download Data
DateValue
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