The Travelers Companies (TRV) Revenue — Quarter Ended Sep 30, 2023
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth was supported by higher premiums and net investment income.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth was supported by higher premiums and net investment income.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.6B
Revenue reported for this quarter.
Quarter-over-quarter
+5.3%
Change from the immediately preceding quarter.
Year-over-year
+14.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$40.1B
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 |
|---|---|---|
| Dec 31, 2022 | $9.6B | +6.9% |
| Mar 31, 2023 | $9.7B | +10.2% |
| Jun 30, 2023 | $10.1B | +10.5% |
| Sep 30, 2023 | $10.6B | +14.3% |
Revenue performance
Total revenue for the quarter was higher than the preceding quarter, continuing an upward trend. The year-over-year comparison also showed a substantial increase.
Quarterly comparison
Revenue improved from the immediately preceding quarter and was well above the level reported one year earlier. The sequential and annual comparisons both reflect positive momentum.
What to watch
The company noted a potential change in a capital adequacy model that could affect its financial strength rating.