Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 11.9B | 5.5% |
| Gross Profit | -5.34B | 19.4% |
| Cost of Revenue | 17.2B | 3.7% |
| Operating expense | 1.46B | 1.2% |
| Net Income | 1.26B | 136% |
| EBITDA | 1.83B | 79.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 135B | 4.1% |
| Total Liabilities | 107B | 2.3% |
| Total Equity | 27.7B | 11.4% |
| Shares Outstanding | 227M | 0.4% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 3.88B | 131.1% |
| Cash from investing | -3.39B | 196.7% |
| Cash from financing | -454M | 3.8% |
EPS
Financial Highlights for Travelers Companies in Q3 '24
Travelers Companies reported a revenue of 11.9B, which is a 5.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at -5.34B, marking a 19.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 17.2B, a -3.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.46B, showing a -1.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.26B, showing a 136% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.83B, showing a -79.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Travelers Companies with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
