Operating Expenses

SG&A

The Travelers Companies SG&A decreased by 0.2% to $1.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $1.46B to $1.54B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 7.0% CAGR. 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 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.17B$1.19B$1.15B$1.19B$1.22B$1.19B$1.20B$1.27B$1.31B$1.31B$1.29B$1.41B$1.48B$1.46B$1.48B$1.46B$1.55B$1.57B$1.54B$1.54B
QoQ Change+1.1%-2.9%+3.3%+2.7%-2.5%+0.8%+5.3%+3.2%+0.3%-1.8%+9.1%+5.1%-1.2%+1.0%-1.1%+5.9%+1.7%-1.8%-0.2%
YoY Change+4.2%+0.5%+4.3%+6.4%+7.0%+10.0%+7.1%+11.0%+13.0%+11.3%+14.4%+3.8%+4.5%+7.7%+4.7%+5.6%
Range$1.15B$1.57B
CAGR+5.9%
Avg YoY Growth+7.2%
Median YoY Growth+6.7%
Current Streak2 quarters decline

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Business Insurance$847.00M$875.00M$894.00M$866.00M$912.00M
Personal Insurance$396.00M$444.00M$458.00M$448.00M$397.00M
Bond & Specialty Insurance$205.00M$214.00M$207.00M$217.00M$219.00M
Total$1.46B$1.55B$1.57B$1.54B$1.54B

Frequently Asked Questions

What is The Travelers Companies's sg&a?
The Travelers Companies (TRV) reported sg&a of $1.54B in Q1 2026.
How has The Travelers Companies's sg&a changed year-over-year?
The Travelers Companies's sg&a increased by 5.6% year-over-year, from $1.46B to $1.54B.
What is the long-term trend for The Travelers Companies's sg&a?
Over 4 years (2021 to 2025), The Travelers Companies's sg&a has grown at a 7.0% compound annual growth rate (CAGR), from $4.68B to $6.12B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.