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Travelers Companies

NYSE: TRV · USD

Travelers Companies debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$9,813M
Jun 30, 2009 through Sep 30, 2026

Cash & equivalents

USD millions

—

Cash and cash equivalents is unavailable in the extracted statements for this period.

Net debt

USD millions

—

Cash and cash equivalents is unavailable in the extracted statements for this period.

Debt / equity

×

0.34×

Debt / assets

%

6.91%

Net debt / EBITDA

× · TTM

—

Not applicable to banks and insurers: these ratios use an industrial-company capital model.

Debt / FCF

× · TTM

—

The reported inputs required for this metric are unavailable in the extracted statements for this period.

Interest coverage

× · TTM

—

Not applicable to banks and insurers: these ratios use an industrial-company capital model.

Current ratio

×

—

The reported inputs required for this metric are unavailable in the extracted statements for this period.

Diluted shares

Million shares

210.6M shares

Basic shares

Million shares

206.9M shares

Share count growth

%

-7.68%

Share repurchases

USD millions

$1,487M

Quarterly data

Travelers Companies capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedTotal debtUSD millionsCash & equivalentsUSD millionsNet debtUSD millionsDebt / equity×Debt / assets%Net debt / EBITDA×Debt / FCF×Interest coverage×Current ratio×Diluted sharesMillion sharesBasic sharesMillion sharesShare count growth%Share repurchasesUSD millions
FY 2026 Q3Sep 30, 20269,813——0.34×6.91%————210.6206.9-7.68%1,487
FY 2026 Q2Jun 30, 20269,068——0.27×6.32%————213.6210.5-6.82%1,313
FY 2026 Q1Mar 31, 20269,268——0.29×6.51%————218.4215.2-5.16%1,785
FY 2025 Q4Dec 31, 20259,267——0.28×6.45%————223.74220.05-3.11%1,635
FY 2025 Q3Sep 30, 20259,267——0.29×6.45%————227.5224.1-1.45%619
FY 2025 Q2Jun 30, 20258,034——0.27×5.79%————229.3225.9-1.18%500
FY 2025 Q1Mar 31, 20258,033——0.28×5.91%————230.4226.9-0.92%250
FY 2024 Q4Dec 31, 20248,033——0.29×6.03%————230.5227.11-0.74%256
FY 2024 Q3Sep 30, 20248,033——0.29×5.97%————230.6227.4-0.61%248
FY 2024 Q2Jun 30, 20248,032——0.32×6.21%————231.5228.6-0.48%249
FY 2024 Q1Mar 31, 20248,032——0.32×6.3%————232229-1.17%250
FY 2023 Q4Dec 31, 20238,031——0.32×6.37%————231.31228.81-1.86%64
FY 2023 Q3Sep 30, 20238,031——0.4×6.62%————231.1228.8-2.8%100
FY 2023 Q2Jun 30, 20238,031——0.37×6.66%————229.7229.7-3.65%396
FY 2023 Q1Mar 31, 20237,292——0.32×6.16%————234.4231.7-3.82%398
FY 2022 Q4Dec 31, 20227,292——0.34×6.3%————236.14233.14-4.35%500
FY 2022 Q3Sep 30, 20227,291——0.37×6.38%————237.9235.4-4.97%500
FY 2022 Q2Jun 30, 20227,291——0.32×6.25%————241.1238.4-4.91%500
FY 2022 Q1Mar 31, 20227,291——0.29×6.15%————243.7240.9-4.44%500
FY 2021 Q4Dec 31, 20217,290——0.25×6.05%————246.05243.75-3.85%800
FY 2021 Q3Sep 30, 20217,290——0.26×6.04%————250.1247.7-2.21%600
FY 2021 Q2Jun 30, 20217,290——0.25×6.09%————253.1250.7-0.36%400
FY 2021 Q1Mar 31, 20216,550——0.23×5.6%————254.1252.1-0.9%356
FY 2020 Q4Dec 31, 20206,550——0.22×5.61%————254.9253.5-1.26%200
FY 2020 Q3Sep 30, 20207,050——0.25×6.06%————254.3253.3-2.28%0
FY 2020 Q2Jun 30, 20207,049——0.26×6.22%————251.6251.6-3.71%0
FY 2020 Q1Mar 31, 20206,559——0.26×5.99%————255.9254.4-3.23%425
FY 2019 Q4Dec 31, 20196,558——0.25×5.96%————259.04256.74-2.69%375
FY 2019 Q3Sep 30, 20196,558——0.26×5.95%————261.8259.2-2.59%375
FY 2019 Q2Jun 30, 20196,558——0.26×6.04%————263.7261.3-2.75%375
FY 2019 Q1Mar 31, 20197,057——0.29×6.58%————264.8262.9-2.99%375
FY 2018 Q4Dec 31, 20186,564——0.29×6.3%————265.94263.84-3.26%170
FY 2018 Q3Sep 30, 20186,564——0.29×6.29%————268.4266.1-2.92%400
FY 2018 Q2Jun 30, 20186,464——0.29×6.24%————271.1268.7-3.17%350
FY 2018 Q1Mar 31, 20186,963——0.3×6.72%————273.9271-3.11%350
FY 2017 Q4Dec 31, 20176,571——0.28×6.35%————275.63272.74-3.44%350
FY 2017 Q3Sep 30, 20176,921——0.29×6.63%————276.6274.1-4.16%328
FY 2017 Q2Jun 30, 20176,920——0.29×6.74%————280277.5-4.34%475
FY 2017 Q1Mar 31, 20176,438——0.27×6.36%————282.4279.7-4.93%225
FY 2016 Q4Dec 31, 20166,437——0.28×6.42%————283.26282.44-5.73%750
FY 2016 Q3Sep 30, 20166,436——0.26×6.26%————289.8286-7.02%550
FY 2016 Q2Jun 30, 20166,436——0.26×6.28%————293.6290.1-7.85%550
FY 2016 Q1Mar 31, 20166,344——0.26×6.24%————297.9294.2-8.29%550
FY 2015 Q4Dec 31, 20156,344——0.27×6.33%————302.62299.62-8.27%1,000
FY 2015 Q3Sep 30, 20156,743——0.28×6.6%————311307.6-8.21%750
FY 2015 Q2Jun 30, 20156,350——0.26×6.25%————318314.8-8.22%800
FY 2015 Q1Mar 31, 20156,349——0.26×6.18%————324.5320.8-8.58%600
FY 2014 Q4Dec 31, 20146,361——0.26×6.17%————330.63326.63-9.02%—
FY 2014 Q3Sep 30, 20146,348——0.25×6.07%————338.9335.1-9.16%—
FY 2014 Q2Jun 30, 20146,347——0.25×6.06%————346.7343-8.75%—
FY 2014 Q1Mar 31, 20146,347——0.25×6.1%————354.6350.9-7.1%—
FY 2013 Q4Dec 31, 20136,361——0.26×6.13%————363.02359.02-5.73%—
FY 2013 Q3Sep 30, 20136,346——0.26×6.18%————372.9368.9-3.93%—
FY 2013 Q2Jun 30, 20135,852——0.24×5.74%————379.9375.9-3.12%—
FY 2013 Q1Mar 31, 20135,851——0.23×5.63%————381.9377.7-3.65%—
FY 2012 Q4Dec 31, 20126,461——0.25×6.16%————384.74380.84-5.3%—
FY 2012 Q3Sep 30, 20126,350——0.25×6.02%————387.9384-7.47%—
FY 2012 Q2Jun 30, 20126,349——0.25×6.09%————391.6388-7.31%—
FY 2012 Q1Mar 31, 20126,606——0.27×6.3%————395.8392-8.45%—
FY 2011 Q4Dec 31, 20116,619——0.27×6.33%————405.37402.15-10.24%—
FY 2011 Q3Sep 30, 20116,604——0.26×6.18%————418.5415-10.93%—
FY 2011 Q2Jun 30, 20116,604——0.26×6.2%————418.6418.6-13.6%—
FY 2011 Q1Mar 31, 20116,611——0.26×6.28%————434.4428.2-15.77%—
FY 2010 Q4Dec 31, 20106,628——0.26×6.3%————453.42448.01-16.21%—
FY 2010 Q3Sep 30, 20106,252——0.23×5.78%————472465.9-16.57%—
FY 2010 Q2Jun 30, 20106,276——0.24×5.86%————490.8484.5-15.86%—
FY 2010 Q1Mar 31, 20106,525——0.24×6%————515.1508.4——
FY 2009 Q4Dec 31, 20096,538——0.24×5.97%————542.19534.71——
FY 2009 Q3Sep 30, 20096,528——0.23×5.8%————564.1558.4——
FY 2009 Q2Jun 30, 20096,532——0.24×5.87%————579.8575.8——
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · TRV, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt
Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents
Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt
Total debt − cash and equivalents. Negative means net cash.
Debt / equity
Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets
Total debt / total assets × 100.
Net debt / EBITDA
Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF
Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage
TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio
Current assets / positive current liabilities.
Diluted shares
Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares
Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth
Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases
Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.