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Travelers Companies (TRV) operating margin by quarter

Travelers Companies' operating margin was 19.1% in Q3 2026 (third quarter 2026), -3.7 pts from Q2 2026. Over the last 7 quarters it ranged from 4.0% (Q1 2025) to 25.0% (Q4 2025).

Travelers Companies operating margin by quarterTravelers Companies operating margin by quarter4.0%Q1 202515.5%Q2 202518.8%Q3 202525.0%Q4 202517.8%Q1 202622.8%Q2 202619.1%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202619.1%-3.7 pts+0.3 pts
Q2 202622.8%+5.0 pts+7.2 pts
Q1 202617.8%-7.2 pts+13.8 pts
Q4 202525.0%+6.2 pts—
Q3 202518.8%+3.3 pts—
Q2 202515.5%+11.6 pts—
Q1 20254.0%——

Q3 2026 at a glance

Travelers Companies, Q3 2026: revenue $12.4B (-0.5% year over year), operating margin 19.1%, net earnings $1.9B, operating cash flow $3.9B. The chart follows the revenue to costs, profit and cash.

Questions

What is Travelers Companies' operating margin?

Travelers Companies' operating margin was 19.1% in Q3 2026 (third quarter 2026), -3.7 pts from Q2 2026.

How has Travelers Companies' operating margin changed?

Over the last 7 quarters it ranged from 4.0% (Q1 2025) to 25.0% (Q4 2025).

Q3 2026 results → · How Travelers Companies makes money →