Chubb (CB) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter declined compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The sequential decrease followed a period of growth, while the year-over-year gain continued a positive trend.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter declined compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The sequential decrease followed a period of growth, while the year-over-year gain continued a positive trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.2B
Revenue reported for this quarter.
Quarter-over-quarter
-4.5%
Change from the immediately preceding quarter.
Year-over-year
+9.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$55.8B
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, 2024 | $12.9B | +16.6% |
| Jun 30, 2024 | $13.8B | +16.9% |
| Sep 30, 2024 | $14.8B | +7.2% |
| Dec 31, 2024 | $14.2B | +9.1% |
Revenue performance
The reported revenue for the quarter was lower than the prior quarter, reflecting a reversal from the previous upward trajectory. However, on an annual comparison basis, revenue remained higher.
Quarterly comparison
Compared to the prior quarter, revenue decreased, marking the first sequential decline in the reported periods. In contrast, revenue was up from the same quarter a year ago, extending the year-over-year growth.
What to watch
The company's risk factors highlight that climate change and economic conditions could affect claims and financial results, which may influence future revenue trends.