The Hanover Insurance Group, Inc.

The Hanover Insurance Group, Inc.

THG
The Hanover Insurance Group, Inc.US flagNew York Stock Exchange
185.32
USD
-1.73
- -
6.48BMarket Cap
The Hanover Insurance Group, Inc.
THG
(New York Stock Exchange)

Recent

price

185.32

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
68.08
88.15
103.63
109.7
115.44
117.07
94.72
100.42
106.25
126.85
127.54
145.34
150.5
167.04
173.17
183.44
187.13
Revenue per Share
3.34
0.82
1.26
5.74
6.42
7.71
3.62
4.38
9.24
11.07
9.51
11.91
3.21
0.99
11.87
18.51
20.26
Basic EPS, GAAP
-28.7
-33.25
9.21
8.78
12.86
10.34
17.37
16.58
13.03
15.7
18.77
23.2
20.01
10.13
22.46
32.91
35.34
Free Cash Flow per Basic Share
1.02
1.14
1.24
1.37
1.53
1.73
1.88
2.04
2.23
10.06
2.64
2.88
3.02
3.28
3.46
3.65
3.7
Dividend per Share
26.94
27.17
27.36
30.89
35.52
41.96
43.84
46.48
51.61
62.8
70.79
84.05
82.92
81.51
89.42
104.53
109.41
Book Value per Share
49.27
51.54
54.41
55.14
60.58
61.82
62.45
66.33
65.62
71.29
80.2
83.55
59.69
64.06
74.18
94.77
95.27
Tangible Book Value per Share
46
45
44
44
44
43
43
42
42
38
38
36
36
36
36
36
36
Basic Weighted Avg Shares
3,152
3,932
4,591
4,794
5,068
5,034
4,054
4,268
4,494
4,871
4,808
5,160
5,433
5,964
6,217
6,567
6,662
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
17
27
36
35
34
30
31
30
25
22
18
17
13
6
2
-5
-5
Depreciation Expense
155
37
56
251
282
332
155
186
391
425
359
423
116
35
426
662
721
Net Income, GAAP
27.43
- -
- -
25.34
25.32
24.72
- -
26.22
15.4
17.83
18.62
19.43
18.89
18.49
20.92
21.7
21.88
Effective Tax Rate (%)
4.91
0.93
1.22
5.24
5.56
6.59
3.83
4.36
8.7
8.73
7.46
8.19
2.14
0.59
6.85
10.09
10.82
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
606
911
849
904
904
803
786
787
778
653
781
782
782
783
722
1,218
844
LT Debt
2,460
2,484
2,595
2,594
2,844
2,844
2,858
2,998
2,955
2,916
3,202
3,145
2,334
2,466
2,842
3,572
3,570
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.9
- -
- -
13.89
14.04
14.88
- -
8.09
15
15.13
11.94
12.48
3.81
1.69
11.78
15.55
17.14
Return on Capital (%)
12.96
2.98
4.61
19.59
19.39
19.71
8.43
9.67
18.8
18.51
14.12
14.96
3.88
1.2
13.92
19.06
20.02
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
1,280
1,218
844
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
35
35
Market Capitalization
6,525
6,543
6,171

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
5,042
2,996
2,027
Accounts Receivable, Net
3,906
3,872
3,908
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
744
852
694
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.15%
3.8%
25.68%
Free Cash Flow
19.01%
24.64%
46.09%
Net Income, GAAP
110.8%
207.61%
55.52%
Sales/Revenue/Turnover
3.05%
6.45%
5.64%
Total Cash Common Dividend
28.83%
5.6%
5.24%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,542
1,535
1,561
1,578
6,217
2025
1,596
1,651
1,658
1,662
6,567
2026
1,690
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.23
1.12
2.84
4.66
11.87
2025
3.56
4.38
4.99
5.59
18.51
2026
5.31
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.85
0.85
0.85
0.9
3.46
2025
0.9
0.9
0.9
0.95
3.65
2026
0.95
- -
- -
- -
- -
Business
The Hanover Insurance Group, Inc. is a prominent holding company delivering an extensive array of property and casualty insurance offerings and related services throughout the United States. The organization structures its operations across four primary divisions: Core Commercial, Specialty, Personal Lines, and Other. Within its Core Commercial segment, the company furnishes solutions such as commercial multiple peril, commercial automotive, and workers' compensation policies, along with monoline general liability, umbrella coverage, and various other commercial protections. This segment primarily serves the insurance needs of small to mid-sized businesses across diverse sectors. The Specialty division focuses on specialized areas like professional and executive liability, marine, surety, and unique property and casualty programs, with a strategic emphasis on expanding this growth area. The Personal Lines segment provides essential coverage for individuals, including personal automobile and homeowners' insurance, alongside supplemental options such as personal umbrella, inland marine, personal watercraft, and personal cyber protection. This area targets the middle and emerging affluent markets, including high-value property. The Other segment notably includes investment management services. The company's distribution strategy relies exclusively on a network of independent agents and brokers. Established in 1852, The Hanover Insurance Group, Inc. maintains its headquarters in Worcester, Massachusetts, and was previously known as Allmerica Financial Corp., adopting its current name in December 2005. Recent financial performance in Q3 2025 demonstrated a significant increase in net income and growth in net premiums written. The company continues to enhance its offerings, including new solutions for complex industrial property risks and expanded services for the life sciences sector.

Company News

APIChat
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  • The Hanover Reports Record First Quarter Net Income and Operating Income of $5.20 and $5.25 per Diluted Share, Respectively; Record Net and Operating Return on Equity of 20.9% and 20.3%, Respectively

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