The Travelers Companies balance sheet

At the end of fiscal 2025, The Travelers Companies had total assets of $143.71bn, total liabilities of $110.81bn and shareholders' equity of $32.89bn. It held $842m in cash against $9.27bn of debt: net debt of $8.43bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

The Travelers Companies: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	—	—	—	—	—	—	—	0.3	0.3	0.4	0.5	0.7	0.8	0.8	0.7	0.7	0.8	0.8
Goodwill	3.4	3.4	3.4	3.4	3.6	3.6	3.6	3.6	4.0	3.9	4.0	4.0	4.0	4.0	4.0	4.2	4.1	4.1
Total assets	109.6	105.7	104.6	104.9	103.8	103.1	100.2	100.2	103.5	104.2	110.1	116.8	120.5	115.7	126.0	133.2	143.7	142.1
Short-term debt	0.4	0.1	0.4	0.6	0.1	0.5	0.5	0.6	0.6	0.6	0.6	0.1	0.1	0.1	0.1	0.1	0.3	—
Long-term debt	6.2	6.5	6.3	5.8	6.3	5.9	—	—	—	—	—	—	—	—	—	—	—	—
Total debt	6.5	6.6	6.6	6.5	6.4	6.4	6.3	6.4	6.6	6.6	6.6	6.6	7.3	7.3	8.0	8.0	9.3	9.8
Total liabilities	82.1	80.2	80.1	79.5	79.0	78.2	76.6	77.0	79.8	81.3	84.2	87.6	91.6	94.2	101.1	105.3	110.8	113.1
Shareholders' equity	27.4	25.5	24.5	25.4	24.8	24.8	23.6	23.2	23.7	22.9	25.9	29.2	28.9	21.6	24.9	27.9	32.9	29.0
Net debt (negative = net cash)	—	—	—	—	—	—	—	6.1	6.2	6.2	6.1	5.8	6.5	6.5	7.4	7.3	8.4	9.0
Shares outstanding	520m	435m	393m	377m	354m	322m	296m	280m	271m	264m	256m	252m	241m	232m	228m	227m	218m	205m

US$ billions unless shown otherwise. Fiscal quarters.

The Travelers Companies: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Goodwill	4.2	4.2	4.3	4.3	4.1	4.1	4.1	4.1
Total assets	133.2	136.0	138.9	143.7	143.7	142.3	143.6	142.1
Short-term debt	0.1	—	—	—	0.3	—	—	—
Total debt	0.1	—	—	—	0.3	—	—	—
Total liabilities	105.3	107.8	109.4	112.1	110.8	110.3	110.5	113.1
Shareholders' equity	27.9	28.2	29.5	31.6	32.9	32.0	33.1	29.0
Shares outstanding	227m	227m	225m	223m	218m	213m	209m	205m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from The Travelers Companies's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to The Travelers Companies.