◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

Home › All stocks › T › THG

The Hanover Insurance Group Inc (THG) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · DATA UPDATED 2026-08-10

The Hanover Insurance Group Inc (THG) operates in the INSURANCE - PROPERTY & CASUALTY industry and is headquartered in Worcester, United States with about 4,900 employees. Its market capitalization is roughly $8 billion. In the fiscal year ended 2025-12-31, THG reported $6.6B in revenue and $662M in net income.

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other.

Interactive charts & full statements → Open the THG valuation workbench →

THG Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$6.8B	$6.6B	$6.2B	$6.0B	$5.4B	$5.2B	$4.8B	$4.9B	$4.5B	$4.3B	$4.0B	$5.0B	$5.1B	$4.8B	$4.6B	$3.9B	$3.2B	$2.8B	$2.7B	$2.7B	$2.6B
Gross Profit	$2.7B	$2.9B	$1.2B	$653M	$716M	$1.0B	$1.0B	$1.1B	$850M	$848M	$616M	$1.1B	$1.1B	$1.1B	$678M	$602M	$627M	$236M	$498M	$693M	$693M
Gross Margin %	39.9%	43.5%	19.9%	10.9%	13.2%	20.2%	21.2%	22.5%	19.0%	19.9%	15.5%	22.4%	21.7%	22.1%	14.8%	15.3%	19.9%	8.3%	18.6%	25.9%	26.2%
Operating Income (EBIT)	$967M	$844M	$538M	$41M	$144M	$521M	$445M	$522M	$282M	$293M	$66M	$439M	$378M	$329M	$29M	$22M	$211M	$271M	$164M	$342M	$279M
Operating Margin %	14.3%	12.8%	8.6%	0.7%	2.6%	10.1%	9.2%	10.7%	6.3%	6.9%	1.7%	8.7%	7.5%	6.9%	0.6%	0.5%	6.7%	9.6%	6.1%	12.8%	10.6%
Net Income	$756M	$662M	$426M	$35M	$116M	$423M	$359M	$425M	$391M	$186M	$155M	$332M	$282M	$251M	$56M	$37M	$155M	$197M	$21M	$253M	$170M
Net Margin %	11.2%	10.0%	6.9%	0.6%	2.1%	8.2%	7.4%	8.7%	8.8%	4.4%	3.9%	6.6%	5.6%	5.2%	1.2%	0.9%	4.9%	7.0%	0.8%	9.5%	6.4%
EBITDA	$999M	$882M	$573M	$82M	$191M	$572M	$500M	$581M	$352M	$368M	$148M	$530M	$477M	$429M	$126M	$103M	$272M	$283M	$180M	$408M	$301M
Earnings Per Share (EPS)	$20.80	$18.56	$11.70	$0.98	$3.21	$11.62	$9.41	$10.47	$9.09	$4.33	$3.59	$7.40	$6.28	$5.59	$1.23	$0.80	$3.34	$3.86	$0.40	$4.83	$3.26
Shares Outstanding (M)	36M	36M	36M	36M	36M	36M	38M	41M	43M	43M	43M	45M	45M	45M	45M	46M	46M	51M	52M	52M	52M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

THG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B	$1.6B	$1.6B	$1.6B
Gross Profit	$764M	$744M	$782M	$406M	$375M	$326M	$406M	$300M
Gross Margin %	44.2%	43.7%	46.8%	24.5%	22.7%	20.5%	25.7%	19.2%
Operating Income (EBIT)	$245M	$237M	$258M	$227M	$199M	$160M	$212M	$130M
Operating Margin %	14.2%	13.9%	15.4%	13.7%	12.0%	10.0%	13.4%	8.3%
Net Income	$192M	$187M	$198M	$179M	$157M	$128M	$168M	$102M
Net Margin %	11.1%	11.0%	11.9%	10.8%	9.5%	8.0%	10.6%	6.5%
EBITDA	$245M	$246M	$271M	$238M	$206M	$168M	$219M	$139M
Earnings Per Share (EPS)	$5.28	$5.15	$5.47	$4.91	$4.32	$3.52	$4.59	$2.80
Shares Outstanding (M)	36M	36M	36M	36M	36M	36M	37M	36M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

THG Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$1.4B	$1.2B	$806M	$362M	$722M	$824M	$708M	$603M	$551M	$705M	$743M	$445M	$565M	$384M	$408M	$222M	$84M	$92M	$210M	$73M	$42M
Capital Expenditures (CapEx)	$14M	$8M	$10M	$12M	$18M	$8M	$15M	$13M	$13M	$19M	$16M	$20M	$11M	$23M	$21M	$16M	$11M	$10M	$10M	$10M	$9M
Free Cash Flow (FCF)	$1.4B	$1.2B	$796M	$350M	$704M	$816M	$693M	$590M	$538M	$686M	$728M	$425M	$554M	$361M	$387M	$205M	$73M	$81M	$200M	$64M	$33M
FCF Margin %	20.2%	17.7%	12.8%	5.9%	13.0%	15.8%	14.4%	12.1%	12.0%	16.1%	18.4%	8.4%	10.9%	7.5%	8.4%	5.2%	2.3%	2.9%	7.5%	2.4%	1.2%
Dividends Paid	$166M	$131M	$124M	$117M	$109M	$102M	$100M	$386M	$94M	$87M	$80M	$74M	$67M	$60M	$55M	$51M	$47M	$38M	$23M	$21M	$15M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

THG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Cash from Operations (CFO)	$331M	$119M	$378M	$554M	$207M	$39M	$214M	$395M
Capital Expenditures (CapEx)	$6M	$4M	$1M	$3M	$2M	$2M	$3M	$2M
Free Cash Flow (FCF)	$325M	$115M	$377M	$551M	$205M	$37M	$210M	$392M
FCF Margin %	18.8%	6.8%	22.6%	33.2%	12.4%	2.3%	13.3%	25.1%
Dividends Paid	$67M	$34M	$34M	$32M	$32M	$32M	$32M	$31M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

THG Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$16.9B	$16.9B	$15.3B	$14.6B	$14.0B	$14.3B	$13.4B	$12.5B	$12.4B	$15.5B	$14.2B	$13.8B	$13.8B	$13.4B	$13.5B	$12.6B	$8.6B	$8.0B	$9.2B	$9.8B	$9.9B
Cash & Cash Equivalents	$266M	$1.1B	$436M	$316M	$305M	$231M	$121M	$216M	$1.0B	$376M	$283M	$339M	$373M	$486M	$565M	$820M	$290M	$316M	$398M	$275M	$373M
Total Liabilities	$13.2B	$13.4B	$12.4B	$12.1B	$11.7B	$11.1B	$10.2B	$9.6B	$9.4B	$12.5B	$11.4B	$10.9B	$10.9B	$10.8B	$10.9B	$10.1B	$6.1B	$5.7B	$7.3B	$7.5B	$7.9B
Total Debt (Short + Long-Term)	$894M	$1.2B	$784M	$783M	$782M	$1.6B	$1.6B	$653M	$778M	$1.6B	$1.6B	$1.6B	$1.8B	$904M	$849M	$911M	$606M	$434M	$531M	$512M	$509M
Total Shareholders' Equity	$3.7B	$3.6B	$2.8B	$2.5B	$2.3B	$3.1B	$3.2B	$2.9B	$3.0B	$3.0B	$2.9B	$2.8B	$2.8B	$2.6B	$2.6B	$2.5B	$2.5B	$2.4B	$1.9B	$2.3B	$2.0B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive THG viewer.

Other Companies in INSURANCE - PROPERTY & CASUALTY

CNA · CNA Financial Corporation — $13 billion
AFG · American Financial Group, Inc. — $12 billion
ORI · Old Republic International Corp — $10 billion
KNSL · Kinsale Capital Group Inc — $8 billion
MCY · Mercury General Corporation — $6 billion
RLI · RLI Corp — $5 billion
SIGI · Selective Insurance Group, Inc. — $5 billion
WTM · White Mountains Insurance Group Ltd — $5 billion

← THFF All “T” companies THH →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.