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The Hanover Insurance Group (THG) is a Financials company in the Russell 1000. Latest news and coverage below.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $4.05B | $4.27B | $4.49B | $4.89B | $4.82B | $5.23B | $5.47B | $5.99B | $6.24B | $6.59B |
| Growth (year over year) | −19.5% | +5.3% | +5.3% | +8.8% | −1.3% | +8.4% | +4.6% | +9.6% | +4.1% | +5.7% |
| Operating income | $192.9M | $327.3M | $406.5M | $453.6M | $484.7M | $432.3M | $285.1M | $105.6M | $650.1M | $933.0M |
| Operating margin | 4.8% | 7.7% | 9.0% | 9.3% | 10.0% | 8.3% | 5.2% | 1.8% | 10.4% | 14.1% |
| Net income | $155.1M | $186.2M | $391.0M | $425.1M | $358.7M | $422.8M | $116.0M | $35.3M | $426.0M | $662.5M |
| Net margin | 3.8% | 4.4% | 8.7% | 8.7% | 7.4% | 8.1% | 2.1% | 0.6% | 6.8% | 10.0% |
| EPS (diluted) | $3.59 | $4.33 | $9.09 | $10.46 | $9.42 | $11.60 | $3.21 | $0.98 | $11.70 | $18.16 |
| Balance sheet | ||||||||||
| Cash and equivalents | $147.3M | $297.9M | $1.02B | $215.7M | $120.6M | $230.9M | $305.0M | $316.1M | $435.5M | $1.12B |
| Total assets | $14.2B | $15.5B | $12.4B | $12.5B | $13.4B | $14.3B | $14.0B | $14.6B | $15.3B | $16.9B |
| Total liabilities | $11.4B | $12.5B | $9.45B | $9.57B | $10.2B | $11.1B | $11.7B | $12.1B | $12.4B | $13.4B |
| Long-term debt | $786.4M | $786.9M | $777.9M | $653.4M | — | — | — | $783.2M | $722.3M | $843.3M |
| Shareholders' equity | $2.86B | $3.00B | $2.95B | $2.92B | $3.20B | $3.14B | $2.33B | $2.47B | $2.84B | $3.57B |
| Cash flow | ||||||||||
| Operating cash flow | $743.4M | $704.6M | $551.3M | $602.9M | $707.6M | $823.7M | $722.3M | $361.7M | $806.4M | $1.18B |
| Capital expenditure | $15.7M | $18.6M | $13.1M | $13.3M | $14.9M | $8.00M | $17.8M | $11.9M | $10.2M | $7.70M |
| Free cash flow | $727.7M | $686.0M | $538.2M | $589.6M | $692.7M | $815.7M | $704.5M | $349.8M | $796.2M | $1.17B |
| Dividends paid | $80.4M | $86.8M | $94.3M | $386.2M | $99.5M | $102.2M | $108.9M | $117.2M | $124.1M | $130.6M |
| Share buybacks | $105.6M | $37.2M | $57.7M | $563.6M | $212.8M | $162.6M | $30.8M | $0 | $26.7M | $129.2M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.57B | $1.58B | $1.60B | $1.65B | $1.67B | $1.67B | $1.70B | $1.73B |
| Growth (year over year) | +3.2% | +3.6% | +3.4% | +7.7% | +6.4% | +5.5% | +6.1% | +4.3% |
| Operating income | $150.6M | $254.4M | $186.4M | $209.9M | $247.7M | $289.0M | $250.2M | $251.9M |
| Operating margin | 9.6% | 16.1% | 11.6% | 12.7% | 14.9% | 17.3% | 14.7% | 14.6% |
| Net income | $102.1M | $167.9M | $128.2M | $157.1M | $178.7M | $198.5M | $186.8M | $191.6M |
| Net margin | 6.5% | 10.6% | 8.0% | 9.5% | 10.7% | 11.9% | 11.0% | 11.1% |
| EPS (diluted) | $2.80 | $4.60 | $3.50 | $4.30 | $4.90 | $5.46 | $5.20 | $5.38 |
| Balance sheet | ||||||||
| Cash and equivalents | $427.1M | $435.5M | $315.1M | $244.1M | $915.7M | $1.12B | $243.5M | $266.1M |
| Total assets | $15.4B | $15.3B | $15.5B | $15.7B | $16.8B | $16.9B | $16.5B | $16.9B |
| Total liabilities | $12.5B | $12.4B | $12.4B | $12.5B | $13.3B | $13.4B | $13.0B | $13.2B |
| Long-term debt | — | $722.3M | $722.5M | $347.8M | $843.0M | $843.3M | $793.7M | $793.9M |
| Shareholders' equity | $2.88B | $2.84B | $3.04B | $3.22B | $3.43B | $3.57B | $3.57B | $3.67B |
| Cash flow | ||||||||
| Operating cash flow | $394.7M | $213.5M | $38.9M | $206.6M | $554.4M | $378.2M | $118.8M | $212.3M |
| Capital expenditure | $2.40M | $3.00M | $1.80M | $1.70M | $3.00M | $1.20M | $3.50M | $2.90M |
| Free cash flow | $392.3M | $210.5M | $37.1M | $204.9M | $551.4M | $377.0M | $115.3M | $209.4M |
| Dividends paid | $30.6M | $32.4M | $32.4M | $32.3M | $32.2M | $33.7M | $33.5M | $33.1M |
| Share buybacks | $0 | $26.7M | $11.0M | $27.6M | $36.0M | $54.6M | $86.9M | $55.0M |
From The Hanover Insurance Group's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.
Source: Wikipedia — Hanover Insurance
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