The 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

249.73 2.42 +0.98%
Market cap
$8.5B
P/E
11.7×
Fwd P/E
11.6×
Dividend yield
1.53%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Hanover Insurance Group, Inc. (THG) P/E ratio

Alert me on P/E ratio

As of 3 November 2026, The Hanover Insurance Group, Inc. (THG) trades at a P/E ratio of 11.7×. Over the past ten years it has ranged from 0.0× (December 2023) to 141× (February 2024); the current reading is higher than 38% of that period. That is in line with the Insurance Property & Casualty industry median of 11.9× and below the Financial sector median of 12.5×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 10.1× (23.45%)
FY2024 13.1× (89.63%)
FY2023 127× 199.37%
FY2022 42.3× 271.49%
FY2021 11.4× (7.11%)
FY2020 12.3× (5.92%)
FY2019 13.0× 1.52%
FY2018 12.8× (47.75%)
FY2017 24.6× (3.23%)
FY2016 25.4× 131.17%

Quarterly newest first

Period P/E ratio Change
Sep 2026 10.1× (0.28%)
Jun 2026 10.1× 16.69%
Mar 2026 8.7× (13.75%)
Dec 2025 10.1× (3.86%)
43 more quarters

Against its own ten years

Low 0.0× High 141×
Ten-year median 12.8×
Current reading's percentile 28

P/E ratio against peers

Company P/E ratio
WTM White Mountains Insurance Group, Ltd. compare 5.2×
ORI Old Republic International Corporation compare 8.5×
MCY Mercury General Corporation compare 8.9×
THG The Hanover Insurance Group, Inc. 11.7×
SIGI Selective Insurance Group, Inc. compare 12.1×
CNA CNA Financial Corporation compare 12.4×
AFG American Financial Group, Inc. compare 13.4×
RLI RLI Corp. compare 15.6×
KNSL Kinsale Capital Group, Inc. compare 16.6×
Insurance Property & Casualty industry median 11.9×
Financial sector median 12.5×
Market median 18.3×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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