Buyback yield (TTM)
7.27%
Shareholder yield (TTM)
8.83%
5Y share count change
-10.6%
Buyback spend (TTM)
$4.56B
Cumulative buybacks
$48.19B
Key takeaways
- Travelers Companies (TRV) repurchased about $4.56B of stock over the trailing twelve months.
- Diluted share count is down 10.6% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 16.66× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +36.0% per year over the latest 5-year window.
- TTM repurchases used about 44% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Travelers Companies (TRV)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Travelers Companies (TRV)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Travelers Companies (TRV)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Travelers Companies (TRV)
Latest: $3.13B
Overview
As of the 2025 fiscal year, Travelers Companies (TRV) reported buyback spend of $3.13B – surged 180.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Travelers Companies buyback spend compounded at +36.0% per year, sustaining 2 straight years of year-over-year growth.
Travelers Companies buyback spend plunged from $5.04B in 2010 to $3.13B in 2025, a 37.9% drawdown.
2010 marks the peak buyback spend at $5.04B, with the historical low of $0.00 recorded in 1989.
Travelers Companies Buyback Spend 2025: $3.13B
Travelers Companies buyback spend in 2025 was $3.13B, surged 180.3% from 2024.
Travelers Companies Buyback Spend 2024: $1.12B
2024's buyback spend for Travelers Companies came in at $1.12B, grew 9.3% from 2023.
Travelers Companies Buyback Spend 2023: $1.02B
Travelers Companies posted buyback spend of $1.02B in 2023, plunged 50.4% below 2022.
Travelers Companies Buyback Spend 2022: $2.06B
In 2022, Travelers Companies reported buyback spend of $2.06B, declined 6.3% below 2021.
Travelers Companies Buyback Spend 2021: $2.20B
Travelers Companies buyback spend in 2021 was $2.20B.
See more financial history for Travelers Companies (TRV).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $3.13B | $0.00 | $3.13B | 4.90% | 0.23B | -1.5% | |
| 2024 | $1.12B | $0.00 | $1.12B | 2.04% | 0.23B | -0.5% | |
| 2023 | $1.02B | $0.00 | $1.02B | 2.34% | 0.23B | -3.1% | |
| 2022 | $2.06B | $0.00 | $2.06B | 4.71% | 0.24B | -4.4% | |
| 2021 | $2.20B | $0.00 | $2.20B | 5.77% | 0.25B | -1.5% | |
| 2020 | $672.00M | $0.00 | $672.00M | 1.89% | 0.25B | -2.9% | |
| 2019 | $1.55B | $0.00 | $1.55B | 4.40% | 0.26B | -2.8% | |
| 2018 | $1.32B | $0.00 | $1.32B | 4.18% | 0.27B | -3.2% | |
| 2017 | $1.44B | $0.00 | $1.44B | 3.89% | 0.28B | -4.3% | |
| 2016 | $2.47B | $0.00 | $2.47B | 7.16% | 0.29B | -7.3% | |
| 2015 | $3.22B | $0.00 | $3.22B | 9.53% | 0.31B | -8.4% | |
| 2014 | $3.33B | $0.00 | $3.33B | 9.63% | 0.34B | -8.5% | |
| 2013 | $2.46B | $0.00 | $2.46B | 7.57% | 0.37B | -4.0% | |
| 2012 | $1.53B | $0.00 | $1.53B | 5.58% | 0.39B | -7.3% | |
| 2011 | $2.96B | $0.00 | $2.96B | 12.78% | 0.42B | -12.8% | |
| 2010 | $5.04B | $0.00 | $5.04B | 21.12% | 0.48B | -16.5% | |
| 2009 | $3.29B | $0.00 | $3.29B | 12.97% | 0.58B | -4.4% | |
| 2008 | $2.20B | $0.00 | $2.20B | 8.31% | 0.60B | -9.6% | |
| 2007 | $2.96B | $0.00 | $2.96B | 8.93% | 0.67B | -6.7% | |
| 2006 | $1.12B | $0.00 | $1.12B | 3.11% | 0.72B | +0.5% | |
| 2005 | $33.00M | $0.00 | $33.00M | 0.11% | 0.71B | +13.4% | |
| 2004 | $23.00M | $0.00 | $23.00M | 0.09% | 0.63B | +38.6% | |
| 2003 | $58.00M | $0.00 | $58.00M | 0.34% | 0.45B | +94.1% | |
| 2002 | $4.00M | $0.00 | $4.00M | 0.05% | 0.23B | +10.1% | |
| 2001 | $801.00M | $0.00 | $801.00M | 8.76% | 0.21B | -9.0% | |
| 2000 | $587.00M | $0.00 | $587.00M | — | 0.23B | -5.3% | |
| 1999 | $471.00M | $0.00 | $471.00M | — | 0.25B | -2.6% | |
| 1998 | $135.09M | $0.00 | $135.09M | — | 0.25B | +42.9% | |
| 1997 | $199.00M | $0.00 | $199.00M | — | 0.18B | -6.1% | |
| 1996 | $226.50M | $0.00 | $226.50M | — | 0.19B | — | |
| 1995 | $41.71M | $0.00 | $41.71M | — | — | — | |
| 1994 | $34.15M | $0.00 | $34.15M | — | — | — | |
| 1993 | $200.00K | $0.00 | $200.00K | — | — | — | |
| 1992 | $57.70M | $0.00 | $57.70M | — | — | — | |
| 1991 | $200.00K | $0.00 | $200.00K | — | — | — | |
| 1990 | $426.10M | $0.00 | $426.10M | — | — | — | |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$3.13B
- 2024$1.12B
- 2023$1.02B
- 2022$2.06B
- 2021$2.20B
- 2020$672.00M
- 2019$1.55B
- 2018$1.32B
- 2017$1.44B
- 2016$2.47B
- 2015$3.22B
- 2014$3.33B
- 2013$2.46B
- 2012$1.53B
- 2011$2.96B
- 2010$5.04B
- 2009$3.29B
- 2008$2.20B
- 2007$2.96B
- 2006$1.12B
- 2005$33.00M
- 2004$23.00M
- 2003$58.00M
- 2002$4.00M
- 2001$801.00M
- 2000$587.00M
- 1999$471.00M
- 1998$135.09M
- 1997$199.00M
- 1996$226.50M
- 1995$41.71M
- 1994$34.15M
- 1993$200.00K
- 1992$57.70M
- 1991$200.00K
- 1990$426.10M
- 1989$0.00
Buybacks vs stock-based compensation for Travelers Companies (TRV)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 16.66×.
Buybacks vs dividends (share of cash returned) for Travelers Companies (TRV)
How Travelers Companies splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Travelers Companies, ranked by their latest buyback spend.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $10.47B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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