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

Travelers Companies' Operating Margin history runs 18 years deep, the most recent figure standing at 8.45% for Q1 2026.

• In Q1 2026, Operating Margin rose 58.0% year-over-year to 8.45%; the TTM figure through Mar 2026 stood at 7.88% (down 13.0% YoY), while the FY2025 annual figure was 8.11%, down 45.0% from the prior year.
• Operating Margin was 8.45% for Q1 2026 at Travelers Companies, up from 6.56% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 9.28% in Q3 2025 to a low of 5.24% in Q4 2022.
• Historically, Operating Margin has averaged 7.64% across 5 years, with a median of 7.73% in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 402 bps in 2022, then surged 188 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 5.24% in 2022, then jumped by 36 bps to 7.12% in 2023, then climbed by 23 bps to 8.79% in 2024, then fell by 25 bps to 6.56% in 2025, then increased by 29 bps to 8.45% in 2026.
• The last three Operating Margin figures came in at 8.45% (Q1 2026), 6.56% (Q4 2025), and 9.28% (Q3 2025), per Business Quant data.