Other

Deferred tax assets, internally developed software

The Travelers Companies Deferred tax assets, internally developed software increased by 48.5% to $303.00M in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), Deferred tax assets, internally developed software shows an upward trend with a 115.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2024

How to read this metric

An increase indicates ongoing investment in technology and digital infrastructure, which is expected to provide future tax benefits.

Detailed definition

This represents the tax benefit associated with the capitalization of costs for internally developed software, where the...

Peer comparison

Reflects the scale of IT investment; comparable to other large financial institutions investing in digital transformation.

Metric ID: other_deferred_tax_assets_internally_developed_software

Historical Data

3 periods
 Q4 '22Q4 '23Q4 '24
Value$65.00M$204.00M$303.00M
QoQ Change—+213.8%+48.5%
YoY Change—+213.8%+48.5%
Range$65.00M – $303.00M
Avg YoY Growth+131.2%
Median YoY Growth+131.2%
Current Streak2+ quarters growth

Frequently Asked Questions

What is The Travelers Companies's deferred tax assets, internally developed software?
The Travelers Companies (TRV) reported deferred tax assets, internally developed software of $303.00M in Q4 2024.
What is the long-term trend for The Travelers Companies's deferred tax assets, internally developed software?
Over 2 years (2022 to 2024), The Travelers Companies's deferred tax assets, internally developed software has grown at a 115.9% compound annual growth rate (CAGR), from $65.00M to $303.00M.
What does deferred tax assets, internally developed software mean?
Future tax savings resulting from the capitalization and amortization of internal software development costs.