• Travelers average ebit margin for 2023 was 8.01%, a 35.25% increase from 2022.
• Travelers average ebit margin for 2022 was 12.37%, a 8.37% decline from 2021.
• Travelers average ebit margin for 2021 was 13.5%, a 39.18% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues