Chubb (CB) Revenue — Quarter Ended Dec 31, 2023
Revenue declined from the prior quarter but rose compared to the same quarter one year earlier. The sequential decrease followed three consecutive quarters of year-over-year growth.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined from the prior quarter but rose compared to the same quarter one year earlier. The sequential decrease followed three consecutive quarters of year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13B
Revenue reported for this quarter.
Quarter-over-quarter
-6.2%
Change from the immediately preceding quarter.
Year-over-year
+13.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$49.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $11.1B | +14.8% |
| Jun 30, 2023 | $11.8B | +19.5% |
| Sep 30, 2023 | $13.9B | +14.3% |
| Dec 31, 2023 | $13B | +13.5% |
Revenue performance
Revenue for the quarter decreased relative to the immediately preceding quarter.
Quarterly comparison
Compared to the prior quarter, revenue was lower. However, compared to the same quarter one year earlier, revenue was higher.
What to watch
The sequential decline contrasts with the year-over-year growth seen in each of the preceding three quarters.