The Travelers Companies, Inc.

TRVNYSEFinancial Services● Active

$298.96

$-4.29(-1.41%)

Market Cap$63.6B

P/E Ratio—

52W High$313.12

52W Low$249.19

Avg Volume1.4M

Open$299.78

Beta0.49

Free Cash Flow Financials Revenue

The Travelers Companies, Inc. (TRV) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TRV · free cash flow · updated Jun 8, 2026

Core FCF metrics

TRV · FCF · TTM · margin & CAGR

Free cash flow was $10.61B for FY2025 (fiscal year ending 2025-12-31), up 16.9% year-over-year The FCF margin was 21.7%. Five-year CAGR stands at +10.2%.

FY2025 Free Cash Flow$10.61B▲ +16.9% YoY

Trailing 12M (TTM)$11.44Btrailing 4 quarters sum

FCF Margin21.7%$10.61B ÷ revenue

3-Year CAGR+17.9%FY2022 → FY2025

5-Year CAGR+10.2%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TRV · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$10.61B(0M)$10.61B▲ +16.9%21.7%

FY2024$9.07B(0M)$9.07B▲ +17.7%19.5%

FY2023$7.71B(0M)$7.71B▲ +19.3%18.6%

FY2022$6.46B(0M)$6.46B▼ 11.1%17.5%

FY2021$7.27B(0M)$7.27B▲ +11.6%20.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TRV · P/FCF · FCF yield · FCF per share

The Travelers Companies, Inc. (TRV) trades at a FCF yield of 17.99% and a price-to-free-cash-flow ratio of 5.9x. FCF per share stands at $51.04, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

17.99%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$51.04

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x6.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TRV · cash flow statement · operating / investing / financing

For FY2025, The Travelers Companies, Inc. generated $10.61B in operating cash flow and spent 0M in capital expenditures, yielding $10.61B in free cash flow.

Operating Activities

+$10.61B

Cash from core business operations

2025-12-31

Investing Activities

−$7.65B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.66B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($10.61B) − |CapEx| (0M) = FCF ($10.61B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

TRV vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Travelers Companies, Inc.YOU

TRV

$10.61B+16.9%21.7%

11%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Travelers Companies, Inc. (TRV) reported free cash flow of $10.61B for FY2025 (fiscal year ending 2025-12-31), up 16.9% year-over-year. The FCF margin was 21.7%.

Based on available data, The Travelers Companies, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $10.61B in FY2025. The 5-year CAGR stands at +10.2%.

The Travelers Companies, Inc.'s FCF yield is 17.99% and price-to-FCF ratio is 5.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TRV free cash flow · 8 questions

The Travelers Companies, Inc. free cash flow was $10.61B for FY2025, up 16.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $11.44B.

TRV free cash flowTRV FCFTRV FCF 2025TRV free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Travelers Companies, Inc. · The Travelers Companies, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026