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) Operating margin
The Hanover Insurance Group, Inc.'s operating margin over the twelve months to 30 September 2026 was 14.7%, up 1.3 percentage points from fiscal 2025 (13.5%). Over the past ten years it has ranged from 1.25% (fiscal 2023) to 13.5% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Insurance Property & Casualty industry median of 14.7% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 13.5% | 4.28 |
| FY2024 | 9.17% | 7.92 |
| FY2023 | 1.25% | (2.01) |
| FY2022 | 3.26% | (7.36) |
| FY2021 | 10.6% | 0.50 |
| FY2020 | 10.1% | (1.32) |
| FY2019 | 11.4% | 3.52 |
| FY2018 | 7.92% | 0.00 |
| FY2017 | 7.92% | 2.85 |
| FY2016 | 5.07% | (5.34) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 13.3% | (1.48) |
| Jun 2026 | 14.8% | 0.18 |
| Mar 2026 | 14.6% | (1.72) |
| Dec 2025 | 16.3% | 1.95 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| WTM White Mountains Insurance Group, Ltd. compare | 40.8% |
| KNSL Kinsale Capital Group, Inc. compare | 34.3% |
| RLI RLI Corp. compare | 26.4% |
| AFG American Financial Group, Inc. compare | 15.6% |
| ORI Old Republic International Corporation compare | 14.9% |
| THG The Hanover Insurance Group, Inc. | 14.7% |
| MCY Mercury General Corporation compare | 13.4% |
| SIGI Selective Insurance Group, Inc. compare | 12.8% |
| CNA CNA Financial Corporation compare | 9.38% |
| Insurance Property & Casualty industry median | 14.7% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on THG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow 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