TRV Travelers Companies margins

Relative Growth: Rel. Growth: 84

Relative Strength: Rel. Strength: 85

Relative Valuation: Rel. Valuation: 91

Relative Profitability: Rel. Profitability: 81

Gross margin

49.7%

Operating margin

22.1%

EBITDA margin

22.1%

Net margin

17%

Recent Travelers Companies shows a gross margin of 49.7%, an operating margin of 22.1%, an EBITDA margin of 22.1%, and a net margin of 17%. All available margins expanded year over year, led by gross margin with an increase of 6.4 percentage points.

TRV margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Travelers Companies's margins averaged 42.57% gross, 15.08% operating, 15.08% EBITDA, and 11.53% net. All four current margins are above their three-year averages.

TRV margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 6.4 percentage points, operating margin by 6.2 percentage points, EBITDA margin by 6.2 percentage points, and net margin by 4.9 percentage points, led by gross margin with an increase of 6.4 percentage points.

Gross margin expansion

6.4pp

Operating margin expansion

6.2pp

EBITDA margin expansion

6.2pp

Net margin expansion

4.9pp

TRV Gross margin

Travelers Companies recorded an average gross margin of 42.57% across the last 3 years. Travelers Companies currently reports a gross margin of 49.7%, 7.1 percentage points above its three-year average. Over the last 3 years, Travelers Companies's gross margin peaked at 49.7% in Sep 2026 and reached a low of 36.6% in Dec 2023.

TRV Operating margin

Over the last 3 years, Travelers Companies's operating margin averaged 15.08%. The current operating margin of 22.1% is 7 percentage points above its three-year average. During this period, operating margin reached a high of 22.1% in Sep 2026 and a low of 9.1% in Dec 2023.

TRV EBITDA margin

In the last 3 years, Travelers Companies had an average EBITDA margin of 15.08%. Currently, Travelers Companies's current EBITDA margin is 22.1%, which is 7 percentage points above its three-year average. Looking back over the last 3 years, Travelers Companies's EBITDA margin reached 22.1% at its highest point in Sep 2026 and 9.1% at its lowest in Dec 2023.

TRV Net margin

Looking at the last 3 years, Travelers Companies had an average net margin of 11.53%. The current net margin stands at 17%, 5.5 percentage points above its three-year average. Looking back over the last 3 years, Travelers Companies's net margin reached 17% at its highest point in Sep 2026 and 7.2% at its lowest in Dec 2023.

TRV margin group comparison

Margins compared with peer-group, industry and sector averages

Travelers Companies's gross margin of 49.7% is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 83.4%, Travelers Companies's gross margin is 40% lower.

TRV margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Travelers Companies's gross margin?

As of Sep 30, 2026, TRV has a gross margin of 49.7%.

What is Travelers Companies's operating margin?

For the period ending Sep 30, 2026, TRV recorded an operating margin of 22.1%.

What is Travelers Companies's EBITDA margin?

For the period ending Sep 30, 2026, TRV recorded an EBITDA margin of 22.1%.

What is Travelers Companies's net margin?

As of Sep 30, 2026, TRV has a net margin of 17%.

What are the average margins of TRV?

Looking back over 3 years, TRV recorded average margins of 42.6% gross, 15.1% operating, 15.1% EBITDA, and 11.5% net.

What are the highest historical margins of TRV?

Over the last 5 years, Travelers Companies's highest margins were 49.7% gross in Sep 2026, 22.1% operating in Sep 2026, 22.1% EBITDA in Sep 2026, and 17% net in Sep 2026.

What are the lowest historical margins of TRV?

In the last 5 years, the lowest margins reported by TRV were 34.5% gross in Sep 2023, 6.8% operating in Sep 2023, 6.8% EBITDA in Sep 2023, and 5.5% net in Sep 2023.