Operating Expenses

Operating Lease Cost

The Travelers Companies Operating Lease Cost decreased by 6.3% to $15.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.3%, from $16.00M to $15.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025

How to read this metric

Lower costs suggest a leaner physical footprint or more favorable lease terms.

Detailed definition

This metric represents the periodic expense recognized for operating leases, primarily reflecting the straight-line rent...

Peer comparison

Standard operating expense reported under ASC 842 or IFRS 16.

Metric ID: is_cat_operating_lease_cost

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$22.00M$22.00M$21.00M$21.00M$19.00M$19.00M$19.00M$19.00M$19.00M$19.00M$18.00M$16.00M$16.00M$16.00M$15.00M
QoQ Change+0.0%-4.5%+0.0%-9.5%+0.0%+0.0%+0.0%+0.0%+0.0%-5.3%-11.1%+0.0%+0.0%-6.3%
YoY Change-4.5%-13.6%-9.5%-9.5%+0.0%+0.0%+0.0%-5.3%-15.8%-15.8%-11.1%-6.3%
Range$15.00M$22.00M
CAGR-10.4%
Avg YoY Growth-7.6%
Median YoY Growth-7.9%

Frequently Asked Questions

What is The Travelers Companies's operating lease cost?
The Travelers Companies (TRV) reported operating lease cost of $15.00M in Q1 2026.
How has The Travelers Companies's operating lease cost changed year-over-year?
The Travelers Companies's operating lease cost decreased by 6.3% year-over-year, from $16.00M to $15.00M.
What does operating lease cost mean?
The recurring expense for operating leases recognized in the income statement.