Chubb (CB) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was lower than the year-over-year growth rate.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was lower than the year-over-year growth rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13.8B
Revenue reported for this quarter.
Quarter-over-quarter
+7.3%
Change from the immediately preceding quarter.
Year-over-year
+16.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$53.6B
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 |
|---|---|---|
| Sep 30, 2023 | $13.9B | +14.3% |
| Dec 31, 2023 | $13B | +13.5% |
| Mar 31, 2024 | $12.9B | +16.6% |
| Jun 30, 2024 | $13.8B | +16.9% |
Revenue performance
Revenue rose from the prior quarter, continuing an upward trend. The year-over-year comparison also showed a substantial increase.
Quarterly comparison
Compared with the preceding quarter, revenue improved by a single-digit percentage. Versus the same quarter last year, the increase was in the mid-teens percentage range.
What to watch
The sequential growth rate was less than half the year-over-year rate, which may warrant attention in future quarters.