The Travelers Companies (TRV) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential change.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.7B
Revenue reported for this quarter.
Quarter-over-quarter
+0.7%
Change from the immediately preceding quarter.
Year-over-year
+10.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$37.8B
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 |
|---|---|---|
| Jun 30, 2022 | $9.1B | +5.2% |
| Sep 30, 2022 | $9.3B | +5.7% |
| Dec 31, 2022 | $9.6B | +6.9% |
| Mar 31, 2023 | $9.7B | +10.2% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trend observed over recent quarters.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, and the year-over-year increase was larger than the sequential gain from the prior quarter.
What to watch
The filing context references potential changes to a capital adequacy model that could affect required capital levels.