Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The Travelers's Pre-Tax Income for the
three
months ended in Mar. 2024 was $1,370 Mil. The Travelers's Revenue for the
three
months ended in Mar. 2024 was $11,228 Mil. Therefore, The Travelers's pretax margin for the quarter that ended in Mar. 2024 was 12.20%.
The historical rank and industry rank for The Travelers's Pretax Margin % or its related term are showing as below:
TRV'
s Pretax Margin % Range Over the Past 10 Years
Min: 8.15 Med: 10.03 Max: 18.73
Current: 8.89
TRV's Pretax Margin % is ranked worse than 54.23% of 485
companies
in the Insurance industry
Industry Median: 9.8
vs TRV: 8.89
The Travelers Pretax Margin % Historical Data
The historical data trend for The Travelers's Pretax Margin % 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.
Competitive Comparison of The Travelers's Pretax Margin %
For the Insurance - Property & Casualty subindustry, The Travelers's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, The Travelers's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where The Travelers's Pretax Margin % falls into.
The Travelers Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
The Travelers's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The Travelers (NYSE:TRV) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
The Travelers Pretax Margin % Related Terms
Thank you for viewing the detailed overview of The Travelers's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Travelers (The Travelers) Business Description
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.
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