TR
TRV
Quarter ended Mar 31, 2025 · FY2025 Q1

The Travelers Companies (TRV) Revenue — Quarter Ended Mar 31, 2025

Revenue for the quarter increased compared with the same quarter one year earlier, but declined from the immediately preceding quarter. The sequential decrease followed a period of steady growth over the prior three quarters.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue for the quarter increased compared with the same quarter one year earlier, but declined from the immediately preceding quarter. The sequential decrease followed a period of steady growth over the prior three quarters.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$11.8B

Revenue reported for this quarter.

Quarter-over-quarter

-1.6%

Change from the immediately preceding quarter.

Year-over-year

+5.2%

Change from the comparable year-ago quarter.

Trailing four quarters

$47B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$11.3B+11.7%
Sep 30, 2024$11.9B+11.9%
Dec 31, 2024$12B+9.9%
Mar 31, 2025$11.8B+5.2%

Revenue performance

Total revenue rose relative to the same quarter last year, driven by higher premiums, net investment income, and fee income. However, net realized investment gains turned to losses, and claims and claim adjustment expenses increased substantially.

Quarterly comparison

Compared with the immediately preceding quarter, revenue decreased. The year-over-year comparison shows an increase, continuing the positive trend observed in each of the prior three quarters.

What to watch

The significant rise in claims and claim adjustment expenses warrants attention, as it outpaced the growth in premiums.

The Travelers Companies (TRV) Revenue — Quarter Ended Mar 31, 2025