stockrowThe Hanover Insurance Group, Inc.
THG Financial Insurance Property & Casualty
The Hanover Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, up 5.72% from fiscal 2024.
- Revenue
- +4.23%
- EPS
- +1.22%
- Free cash flow
- −6.06%
- Total debt
- −34.0%
Quarter to September 2026, against a year earlier
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The Hanover Insurance Group, Inc. (THG) Free cash flow margin
The Hanover Insurance Group, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 17.9%, up 0.1 percentage points from fiscal 2025 (17.8%). Over the past ten years it has ranged from 5.84% (fiscal 2023) to 18.0% (fiscal 2016); the current reading is higher than 91% of that period. That is in line with the Insurance Property & Casualty industry median of 17.5% and above the Financial sector median of 11.4%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 17.8% | 4.99 |
| FY2024 | 12.8% | 6.92 |
| FY2023 | 5.84% | (7.04) |
| FY2022 | 12.9% | (2.72) |
| FY2021 | 15.6% | 1.24 |
| FY2020 | 14.4% | 2.30 |
| FY2019 | 12.1% | 0.08 |
| FY2018 | 12.0% | (4.09) |
| FY2017 | 16.1% | (1.88) |
| FY2016 | 18.0% | 9.50 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| KNSL Kinsale Capital Group, Inc. compare | 49.8% |
| RLI RLI Corp. compare | 27.4% |
| SIGI Selective Insurance Group, Inc. compare | 20.9% |
| MCY Mercury General Corporation compare | 19.9% |
| THG The Hanover Insurance Group, Inc. | 17.9% |
| AFG American Financial Group, Inc. compare | 17.4% |
| CNA CNA Financial Corporation compare | 14.5% |
| ORI Old Republic International Corporation compare | 11.6% |
| WTM White Mountains Insurance Group, Ltd. compare | 10.1% |
| Insurance Property & Casualty industry median | 17.5% |
| Financial sector median | 11.4% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on THG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement