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The Travelers (The Travelers) Owner Earnings per Share (TTM) : 0.00 (As of Mar. 2024)


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What is The Travelers Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

The Travelers does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for The Travelers's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 13 years, the highest Price-to-Owner-Earnings ratio of The Travelers was 36.53. The lowest was 0.00. And the median was 0.00.


TRV's Price-to-Owner-Earnings is not ranked *
in the Insurance industry.
Industry Median: 9.32
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

The Travelers's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $4.80. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $13.46. It's PE Ratio ratio for today is 15.86.

The Travelers's EPS without NRI for the three months ended in Mar. 2024 was $4.80. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $13.48. It's PE Ratio without NRI ratio for today is 15.83.


The Travelers Owner Earnings per Share (TTM) Historical Data

The historical data trend for The Travelers's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Travelers Owner Earnings per Share (TTM) Chart

The Travelers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
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The Travelers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of The Travelers's Owner Earnings per Share (TTM)

For the Insurance - Property & Casualty subindustry, The Travelers's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Travelers's Price-to-Owner-Earnings Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Travelers's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where The Travelers's Price-to-Owner-Earnings falls into.



The Travelers Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

The Travelers does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


The Travelers Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of The Travelers's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


The Travelers (The Travelers) Business Description

Address
485 Lexington Avenue, New York, NY, USA, 10017
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.
Executives
Maria Olivo officer: Executive Vice President THE TRAVELERS COMPANIES, INC., 485 LEXINGTON AVENUE, NEW YORK NY 10017
William H Heyman officer: Vice Chairman & CIO THE TRAVELERS COMPANIES INC, 385 WASHINGTON STREET, ST PAUL MN 55102
Andy F Bessette officer: EVP and Chief Admin Officer THE TRAVELERS COMPANIES, INC., 385 WASHINGTON STREET, ST. PAUL MN 55102
Michael Frederick Klein officer: EVP & President, Personal Ins. 385 WASHINGTON STREET, ST. PAUL MN 55102
Paul E. Munson officer: SVP & Corp. Controller 385 WASHINGTON STREET, ST. PAUL MN 55102
Russell G. Golden director 385 WASHINGTON STREET, ST. PAUL MN 55102
David Donnay Rowland officer: EVP & Co-Chief Invest. Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Avrohom J. Kess officer: Vice Chmn & Chief Legal Off 385 WASHINGTON STREET, ST. PAUL MN 55102
Daniel S. Frey officer: Chief Financial Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Jeffrey P. Klenk officer: EVP & Pres., Bond & Spec. Ins. 385 WASHINGTON STREET, ST. PAUL MN 55102
Gregory C Toczydlowski officer: EVP & President, Business Ins. 385 WASHINGTON STREET, ST. PAUL MN 55102
Diane Kurtzman officer: EVP & Chief HR Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Alan D Schnitzer officer: Vice Chairman 385 WASHINGTON STREET, ST. PAUL MN 55102
Daniel Tei-hwa Yin officer: EVP & Co-Chief Invest. Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Douglas K Russel officer: Controller THE TRAVELERS COMPANIES INC, ONE TOWER SQ, HARTFORD CT 06183

The Travelers (The Travelers) Headlines

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