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) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, The Hanover Insurance Group, Inc. (THG) trades at a price to free cash flow of 7.1×. Over the past ten years it has ranged from 4.9× (April 2026) to 13.9× (February 2024); the current reading is higher than 54% of that period. That is below the Insurance Property & Casualty industry median of 8.1× and below the Financial sector median of 9.8×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 5.6× (19.83%)
FY2024 7.0× (44.42%)
FY2023 12.5× 82.71%
FY2022 6.9× 19.06%
FY2021 5.8× (9.35%)
FY2020 6.4× (31.37%)
FY2019 9.3× 0.79%
FY2018 9.2× 39.15%
FY2017 6.6× 23.22%
FY2016 5.4× (36.11%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 6.1× 2.15%
Jun 2026 6.0× 22.38%
Mar 2026 4.9× (12.58%)
Dec 2025 5.6× (13.69%)
43 more quarters

Against its own ten years

Low 4.9× High 13.9×
Ten-year median 6.9×
Current reading's percentile 54

Price to free cash flow against peers

Company Price to free cash flow
MCY Mercury General Corporation compare 4.8×
SIGI Selective Insurance Group, Inc. compare 5.2×
CNA CNA Financial Corporation compare 5.8×
THG The Hanover Insurance Group, Inc. 7.1×
ORI Old Republic International Corporation compare 8.1×
AFG American Financial Group, Inc. compare 8.8×
KNSL Kinsale Capital Group, Inc. compare 8.9×
RLI RLI Corp. compare 11.5×
WTM White Mountains Insurance Group, Ltd. compare 14.2×
Insurance Property & Casualty industry median 8.1×
Financial sector median 9.8×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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