Travelers Q4 net income rises 20% to $2.496 billion; EPS up 23% to $11.06
Travelers reported fourth quarter 2025 net income of $2.496 billion, or $11.06 per diluted share, up from $2.082 billion, or $8.96, a year earlier. Core income was $2.511 billion, and the combined ratio improved 3.0 points to 80.2%. The board also authorized an additional $5.0 billion of share repurchases, adding to $2.015 billion remaining under earlier authorizations.
Key points
- Q4 2025 net income of $2.496 billion, or $11.06 per diluted share, vs. $2.082 billion, or $8.96, in Q4 2024
- Full-year 2025 net income of $6.288 billion, or $27.43 per diluted share, vs. $4.999 billion, or $21.47, in 2024
- Combined ratio of 80.2% improved 3.0 points; catastrophe losses, net of reinsurance, were $95 million pre-tax vs. $175 million a year earlier
- Board authorized $5.0 billion in additional share repurchases and declared a $1.10 per share dividend payable March 31, 2026
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.