Free Trial
→ Warning: “DOGE Collapse” imminent (From Altimetry) (Ad) Buy THG Stock  Free THG Stock Alerts

The Hanover Insurance Group (THG) Financials

The Hanover Insurance Group logo
$161.63 +0.25 (+0.15%)
Closing price 03:59 PM Eastern
Extended Trading
$161.58 -0.05 (-0.03%)
As of 04:07 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for The Hanover Insurance Group

Annual Income Statements for The Hanover Insurance Group

This table shows The Hanover Insurance Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 332 155 186 391 425 359 423 116 35 426
Consolidated Net Income / (Loss)		 332 155 186 391 425 359 423 116 35 426
Net Income / (Loss) Continuing Operations		 331 67 216 239 429 362 420 117 34 425
Total Pre-Tax Income 		439 66 293 283 522 445 521 144 41 538
Total Revenue		 4,988 4,173 4,228 4,464 4,747 4,801 5,075 5,500 5,973 6,195
Net Interest Income / (Expense)		 -61 -51 -45 -45 -38 -37 -34 -34 -34 -34
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 61 51 45 45 38 37 34 34 34 34
Long-Term Debt Interest Expense		 61 51 45 45 38 37 34 34 34 34
Total Non-Interest Income		 5,048 4,225 4,274 4,510 4,784 4,838 5,109 5,534 6,007 6,229
Other Service Charges		 31 23 23 23 26 27 24 27 31 28
Net Realized & Unrealized Capital Gains on Investments		 313 413 271 237 286 283 315 255 313 288
Premiums Earned		 4,705 3,790 3,980 4,254 4,475 4,527 4,770 5,252 5,663 5,913
Total Non-Interest Expense		 4,548 4,107 3,935 4,139 4,331 4,353 4,672 5,292 5,926 5,675
Property & Liability Insurance Claims		 2,884 2,546 2,580 2,725 2,866 2,845 3,134 3,623 4,135 3,757
Other Operating Expenses		 631 730 510 522 539 557 555 574 608 690
Amortization Expense		 1,033 804 841 892 927 951 983 1,093 1,176 1,222
Impairment Charge		 - 27 5.60 - - - - 1.90 7.70 5.80
Nonoperating Income / (Expense), net		 - - - -43 107 - 119 -63 -5.60 14
Income Tax Expense		 109 -1.00 77 44 93 83 101 27 7.60 113
Net Income / (Loss) Discontinued Operations		 0.70 -1.00 -30 152 -3.90 -3.30 2.80 -0.80 1.80 0.70
Basic Earnings per Share		 $7.55 $3.63 $4.38 $9.21 $10.62 $9.52 $11.78 $3.26 $0.99 $11.85
Weighted Average Basic Shares Outstanding		 43.90M 42.80M 42.50M 42.40M 40M 37.70M 35.90M 35.60M 35.70M 35.90M
Diluted Earnings per Share		 $7.40 $3.59 $4.33 $9.09 $10.46 $9.42 $11.60 $3.21 $0.98 $11.70
Weighted Average Diluted Shares Outstanding		 44.80M 43.20M 43M 43M 40.60M 38.10M 36.40M 36.10M 36.10M 36.40M
Weighted Average Basic & Diluted Shares Outstanding		 43.90M 42.70M 42.50M 40.57M 38.45M 36.39M 35.48M 35.60M 35.82M 35.93M

Quarterly Income Statements for The Hanover Insurance Group

This table shows The Hanover Insurance Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders		 0.50 -12 -12 -69 8.60 108 116 41 102 168
Consolidated Net Income / (Loss)		 0.50 -12 -12 -69 8.60 108 116 41 102 168
Net Income / (Loss) Continuing Operations		 0.60 -12 -12 -70 8.20 107 116 40 102 167
Total Pre-Tax Income 		0.50 -15 -18 -91 -0.90 150 145 51 130 212
Total Revenue		 1,366 1,518 1,442 1,499 1,513 1,519 1,536 1,531 1,546 1,583
Net Interest Income / (Expense)		 -8.50 -8.60 -8.50 -8.60 -8.50 -8.50 -8.50 -8.60 -8.50 -8.50
Total Interest Expense		 8.50 8.60 8.50 8.60 8.50 8.50 8.50 8.60 8.50 8.50
Long-Term Debt Interest Expense		 8.50 8.60 8.50 8.60 8.50 8.50 8.50 8.60 8.50 8.50
Total Non-Interest Income		 1,395 1,456 1,451 1,507 1,522 1,527 1,545 1,539 1,554 1,591
Other Service Charges		 7.00 7.10 8.00 7.80 7.40 7.60 7.30 7.60 6.70 6.40
Net Realized & Unrealized Capital Gains on Investments		 73 70 78 88 83 64 88 58 68 73
Premiums Earned		 1,331 1,364 1,380 1,412 1,431 1,440 1,449 1,473 1,479 1,512
Total Non-Interest Expense		 1,357 1,486 1,453 1,588 1,509 1,376 1,397 1,480 1,428 1,370
Property & Liability Insurance Claims		 940 1,051 1,017 1,140 1,062 916 935 1,008 954 861
Other Operating Expenses		 141 150 147 154 151 156 163 166 165 196
Amortization Expense		 277 284 289 293 297 298 299 304 308 311
Nonoperating Income / (Expense), net		 -29 - -7.10 -1.10 -5.20 7.80 6.50 1.10 12 -5.10
Income Tax Expense		 -0.10 -2.80 -5.50 -21 -9.10 43 30 11 28 44
Basic Earnings per Share		 $0.01 ($0.34) ($0.34) ($1.94) $0.24 $3.03 $3.22 $1.13 $2.84 $4.66
Weighted Average Basic Shares Outstanding		 35.60M 35.60M 35.60M 35.70M 35.80M 35.70M 35.80M 36M 36M 35.90M
Diluted Earnings per Share		 $0.01 ($0.33) ($0.34) ($1.94) $0.24 $3.02 $3.18 $1.12 $2.80 $4.60
Weighted Average Diluted Shares Outstanding		 36.10M 36.10M 35.60M 35.70M 36.10M 36.10M 36.30M 36.30M 36.50M 36.40M
Weighted Average Basic & Diluted Shares Outstanding		 35.56M 35.60M 35.73M 35.75M 35.76M 35.82M 35.94M 35.98M 36.03M 35.93M

Annual Cash Flow Statements for The Hanover Insurance Group

This table details how cash moves in and out of The Hanover Insurance Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 -35 -56 94 648 -808 -95 110 74 11 120
Net Cash From Operating Activities		 445 743 705 551 603 708 824 722 362 806
Net Cash From Continuing Operating Activities		 445 743 705 188 603 708 824 722 362 806
Net Income / (Loss) Continuing Operations		 332 155 186 0.00 425 359 423 116 35 426
Consolidated Net Income / (Loss)		 332 155 186 - 425 359 423 116 35 426
Depreciation Expense		 30 31 30 -25 22 18 17 13 6.30 1.50
Amortization Expense		 13 9.90 14 9.70 11 6.00 3.40 5.50 7.90 6.80
Non-Cash Adjustments to Reconcile Net Income		 -21 92 -11 -224 -91 21 -100 135 63 107
Changes in Operating Assets and Liabilities, net		 91 456 486 790 235 304 481 453 249 265
Net Cash From Investing Activities		 -172 -495 -506 271 -312 -609 -460 -508 -229 -541
Net Cash From Continuing Investing Activities		 -172 -495 -506 271 -312 -609 -460 -508 -229 -541
Purchase of Property, Leasehold Improvements and Equipment		 -20 -16 -19 -13 -13 -15 -8.00 -18 -12 -10
Purchase of Investment Securities		 -2,222 -2,372 -1,878 -1,604 -1,921 -2,084 -2,303 -2,085 -1,131 -3,313
Divestitures		 44 - - 636 35 0.00 0.00 0.00 0.00 0.00
Sale and/or Maturity of Investments		 2,026 1,892 1,390 1,253 1,587 1,490 1,851 1,595 914 2,782
Net Cash From Financing Activities		 -301 -301 -112 -171 -1,099 -194 -253 -141 -122 -146
Net Cash From Continuing Financing Activities		 -301 -301 -112 -171 -1,099 -194 -253 -141 -122 -146
Repurchase of Common Equity		 -127 -106 -37 -58 -564 -213 -163 -31 0.00 -27
Payment of Dividends		 -74 -80 -87 -94 -386 -100 -102 -109 -117 -124
Other Financing Activities, Net		 15 -10 12 -7.40 1.60 -2.20 12 -0.90 -4.90 5.30
Other Net Changes in Cash		 - - - - 3.30 0.00 0.00 0.00 0.00 -0.60
Cash Interest Paid		 61 53 48 48 37 34 33 33 33 33
Cash Income Taxes Paid		 57 30 51 57 114 97 74 108 -22 149

Quarterly Cash Flow Statements for The Hanover Insurance Group

This table details how cash moves in and out of The Hanover Insurance Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents		 19 140 -124 -14 127 22 -52 77 86 8.60
Net Cash From Operating Activities		 315 199 18 26 225 93 59 140 395 214
Net Cash From Continuing Operating Activities		 315 199 18 26 225 93 59 140 395 214
Net Income / (Loss) Continuing Operations		 0.50 -12 -12 -69 8.60 108 116 41 102 168
Consolidated Net Income / (Loss)		 0.50 -12 -12 -69 8.60 108 116 41 102 168
Depreciation Expense		 3.80 2.90 2.20 1.80 1.50 0.80 0.80 0.80 0.50 -0.60
Amortization Expense		 1.40 1.40 2.00 2.00 1.90 2.00 1.70 1.70 1.70 1.70
Non-Cash Adjustments to Reconcile Net Income		 53 -25 30 11 15 7.90 1.20 43 21 42
Changes in Operating Assets and Liabilities, net		 257 232 -4.00 81 198 -26 -61 54 269 2.50
Net Cash From Investing Activities		 -259 -31 -107 -12 -68 -42 -75 -34 -282 -150
Net Cash From Continuing Investing Activities		 -259 -31 -107 -12 -68 -42 -75 -34 -282 -150
Purchase of Property, Leasehold Improvements and Equipment		 -4.00 -3.90 -3.50 -3.30 -2.90 -2.20 -2.60 -2.20 -2.40 -3.00
Purchase of Investment Securities		 -474 -563 -283 -206 -313 -329 -304 -935 -957 -1,118
Sale and/or Maturity of Investments		 219 536 180 198 248 289 232 903 677 970
Net Cash From Financing Activities		 -38 -27 -35 -29 -29 -29 -35 -29 -27 -55
Net Cash From Continuing Financing Activities		 -38 -27 -35 -29 -29 -29 -35 -29 -27 -55
Repurchase of Common Equity		 -10 - 0.00 - - - 0.00 - - -27
Payment of Dividends		 -27 -29 -29 -29 -29 -30 -31 -31 -31 -32
Other Financing Activities, Net		 -0.50 1.90 -6.20 0.40 -0.40 1.30 -4.90 2.00 3.90 4.30
Other Net Changes in Cash		 - - - - - - - - - -0.20

Annual Balance Sheets for The Hanover Insurance Group

This table presents The Hanover Insurance Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets		 13,781 14,220 15,470 12,400 12,491 13,444 14,254 13,995 14,613 15,275
Cash and Due from Banks		 339 283 298 1,021 216 121 231 305 316 436
Trading Account Securities		 7,560 7,916 6,326 6,626 7,263 8,053 8,385 7,724 8,116 8,700
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income		 63 62 48 53 53 51 50 55 58 70
Unearned Premiums Asset		 1,392 1,438 1,096 1,177 1,260 1,339 1,470 1,601 1,706 1,801
Deferred Acquisition Cost		 509 518 430 451 467 478 552 605 621 663
Goodwill		 186 185 179 179 179 179 179 179 179 179
Other Assets		 3,733 3,820 7,094 2,894 3,052 3,223 3,388 3,527 3,617 3,427
Total Liabilities & Shareholders' Equity		 13,781 14,220 15,470 12,400 12,491 13,444 14,254 13,995 14,613 15,275
Total Liabilities		 10,937 11,363 12,472 9,445 9,574 10,242 11,109 11,661 12,147 12,433
Short-Term Debt		 - - - - - - - - 0.00 62
Other Short-Term Payables		 725 728 - 910 628 688 908 732 776 758
Long-Term Debt		 803 786 787 778 653 781 782 782 783 722
Claims and Claim Expense		 6,574 6,949 5,059 5,304 5,654 6,024 6,448 7,013 7,308 7,461
Unearned Premiums Liability		 2,541 2,561 2,132 2,278 2,417 2,483 2,735 2,954 3,103 3,283
Other Long-Term Liabilities		 294 338 4,495 175 222 267 238 181 177 146
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,844 2,858 2,998 2,955 2,916 3,202 3,145 2,334 2,466 2,842
Total Preferred & Common Equity		 2,844 2,858 2,998 2,955 2,916 3,202 3,145 2,334 2,466 2,842
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 2,844 2,858 2,998 2,955 2,916 3,202 3,145 2,334 2,466 2,842
Common Stock		 1,834 1,847 1,858 1,872 1,838 1,858 1,888 1,914 1,940 1,974
Retained Earnings		 1,804 1,876 1,975 2,182 2,411 2,668 2,983 2,993 2,909 3,210
Treasury Stock		 -847 -928 -943 -984 -1,485 -1,696 -1,848 -1,871 -1,866 -1,886
Accumulated Other Comprehensive Income / (Loss)		 54 63 108 -117 153 373 122 -702 -517 -456

Quarterly Balance Sheets for The Hanover Insurance Group

This table presents The Hanover Insurance Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets		 13,746 14,092 14,187 14,315 14,594 14,872 15,367
Cash and Due from Banks		 165 182 168 295 265 338 427
Trading Account Securities		 7,600 7,913 7,831 7,742 8,153 8,198 8,770
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income		 50 54 56 56 58 62 64
Unearned Premiums Asset		 1,624 1,600 1,674 1,771 1,740 1,814 1,882
Deferred Acquisition Cost		 600 598 606 631 619 635 663
Goodwill		 179 179 179 179 179 179 179
Other Assets		 3,528 3,566 3,674 3,641 3,581 3,648 3,382
Total Liabilities & Shareholders' Equity		 13,746 14,092 14,187 14,315 14,594 14,872 15,367
Total Liabilities		 11,450 11,703 11,949 12,199 12,071 12,320 12,489
Other Short-Term Payables		 723 619 652 728 679 735 775
Long-Term Debt		 782 783 783 783 783 784 784
Claims and Claim Expense		 6,774 7,143 7,313 7,330 7,331 7,463 7,427
Unearned Premiums Liability		 2,972 2,969 3,021 3,188 3,105 3,168 3,339
Other Long-Term Liabilities		 199 189 180 170 173 170 164
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,296 2,389 2,238 2,116 2,523 2,552 2,878
Total Preferred & Common Equity		 2,296 2,389 2,238 2,116 2,523 2,552 2,878
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 2,296 2,389 2,238 2,116 2,523 2,552 2,878
Common Stock		 1,905 1,914 1,924 1,932 1,942 1,953 1,964
Retained Earnings		 3,030 2,952 2,853 2,832 2,994 3,003 3,075
Treasury Stock		 -1,873 -1,869 -1,868 -1,868 -1,864 -1,863 -1,861
Accumulated Other Comprehensive Income / (Loss)		 -766 -608 -671 -780 -549 -541 -300

Annual Metrics and Ratios for The Hanover Insurance Group

This table displays calculated financial ratios and metrics derived from The Hanover Insurance Group's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -0.28% -16.33% 1.32% 5.58% 6.32% 1.14% 5.71% 8.37% 8.60% 3.72%
EBITDA Growth		 11.23% -77.90% 216.14% -7.72% 44.24% 5.24% -10.44% -46.62% -73.02% 767.49%
EBIT Growth		 16.24% -84.98% 343.79% 11.27% 27.52% 7.77% -10.14% -48.50% -77.47% 1,013.49%
NOPAT Growth		 17.18% -79.75% 222.54% 27.59% 23.86% 6.01% -10.49% -48.11% -77.36% 987.81%
Net Income Growth		 17.55% -53.21% 20.05% 109.99% 8.72% -15.62% 17.87% -72.56% -69.57% 1,106.80%
EPS Growth		 17.83% -51.49% 20.61% 109.93% 15.07% -9.94% 23.14% -72.33% -69.47% 1,093.88%
Operating Cash Flow Growth		 -21.25% 67.17% -5.22% -21.76% 9.36% 17.37% 16.41% -12.31% -49.92% 122.95%
Free Cash Flow Firm Growth		 1,197.59% -83.61% 6.80% 334.64% 53.94% -110.19% 840.36% 157.14% -109.67% 139.07%
Invested Capital Growth		 -2.67% -0.10% 3.86% -1.37% -4.37% 11.58% -1.42% -20.64% 4.26% 11.61%
Revenue Q/Q Growth		 -1.85% -11.89% 0.92% 11.52% 2.30% 0.91% 0.59% 4.33% 0.04% 1.17%
EBITDA Q/Q Growth		 -6.95% -70.93% 148.53% -12.10% 29.39% 15.01% -8.80% -29.45% 227.41% 14.95%
EBIT Q/Q Growth		 -5.08% -79.66% 212.93% 3.49% 13.99% 16.52% -9.10% -31.02% 173.54% 15.66%
NOPAT Q/Q Growth		 -3.59% -72.78% 164.18% 2.16% 13.77% 14.13% -23.41% -42.32% 143.92% 20.19%
Net Income Q/Q Growth		 -3.58% -37.00% 53.63% 22.61% -3.14% 18.03% 0.71% -60.77% 141.68% 16.39%
EPS Q/Q Growth		 -3.14% -36.68% 53.55% 22.84% -1.32% 20.15% 2.75% -60.71% 141.35% 15.61%
Operating Cash Flow Q/Q Growth		 -12.97% 14.32% -1.54% -13.70% 18.49% -2.48% 8.90% -3.96% -22.63% 17.62%
Free Cash Flow Firm Q/Q Growth		 31.30% -23.92% -54.74% 21.96% 65.11% -137.69% -19.85% -10.81% -202.71% 108.85%
Invested Capital Q/Q Growth		 -1.16% -5.20% 0.69% -0.73% -4.93% 1.21% 1.10% 1.23% 12.05% -0.98%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 9.67% 2.55% 7.97% 6.97% 9.45% 9.83% 8.33% 4.10% 1.02% 8.53%
EBIT Margin		 8.81% 1.58% 6.93% 7.30% 8.76% 9.33% 7.93% 3.77% 0.78% 8.39%
Profit (Net Income) Margin		 6.65% 3.72% 4.40% 8.76% 8.96% 7.47% 8.33% 2.11% 0.59% 6.88%
Tax Burden Percent		 75.44% 235.00% 63.57% 138.41% 81.42% 80.64% 81.10% 80.56% 85.89% 79.21%
Interest Burden Percent		 100.00% 100.00% 100.00% 86.68% 125.63% 99.31% 129.52% 69.46% 88.01% 103.42%
Effective Tax Rate		 24.72% -1.52% 26.22% 15.40% 17.83% 18.62% 19.43% 18.89% 18.49% 20.92%
Return on Invested Capital (ROIC)		 8.95% 1.84% 5.82% 7.34% 9.35% 9.59% 8.19% 4.78% 1.20% 12.05%
ROIC Less NNEP Spread (ROIC-NNEP)		 9.03% 12.92% 2.02% 22.07% 21.04% 9.13% 20.84% -1.89% 0.84% 13.57%
Return on Net Nonoperating Assets (RNNOA)		 2.71% 3.60% 0.54% 5.80% 5.13% 2.14% 5.13% -0.54% 0.28% 4.01%
Return on Equity (ROE)		 11.66% 5.44% 6.36% 13.14% 14.48% 11.73% 13.32% 4.23% 1.47% 16.05%
Cash Return on Invested Capital (CROIC)		 11.65% 1.94% 2.03% 8.72% 13.82% -1.36% 9.62% 27.79% -2.97% 1.08%
Operating Return on Assets (OROA)		 3.19% 0.47% 1.97% 2.34% 3.34% 3.45% 2.91% 1.47% 0.33% 3.48%
Return on Assets (ROA)		 2.41% 1.11% 1.25% 2.81% 3.42% 2.77% 3.05% 0.82% 0.25% 2.85%
Return on Common Equity (ROCE)		 11.66% 5.44% 6.36% 13.14% 14.48% 11.73% 13.32% 4.23% 1.47% 16.05%
Return on Equity Simple (ROE_SIMPLE)		 11.65% 5.43% 6.21% 13.23% 14.58% 11.20% 13.44% 4.97% 1.43% 14.99%
Net Operating Profit after Tax (NOPAT)		 331 67 216 276 341 362 324 168 38 414
NOPAT Margin		 6.63% 1.61% 5.11% 6.18% 7.19% 7.54% 6.39% 3.06% 0.64% 6.68%
Net Nonoperating Expense Percent (NNEP)		 -0.08% -11.09% 3.80% -14.73% -11.68% 0.46% -12.64% 6.67% 0.35% -1.52%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 91.19% 98.42% 93.07% 92.70% 91.24% 90.67% 92.07% 96.23% 99.22% 91.61%
Earnings before Interest and Taxes (EBIT)		 439 66 293 326 416 448 403 207 47 520
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 482 107 337 311 449 472 423 226 61 528
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.96 1.08 1.24 1.39 1.66 1.25 1.39 1.95 1.72 1.96
Price to Tangible Book Value (P/TBV)		 1.03 1.15 1.32 1.47 1.76 1.32 1.48 2.12 1.85 2.09
Price to Revenue (P/Rev)		 0.55 0.74 0.88 0.92 1.02 0.83 0.86 0.83 0.71 0.90
Price to Earnings (P/E)		 8.24 19.83 20.02 10.47 11.35 11.16 10.35 39.29 119.96 13.08
Dividend Yield		 2.67% 2.60% 2.32% 2.30% 5.88% 2.47% 2.32% 2.39% 2.77% 2.23%
Earnings Yield		 12.13% 5.04% 4.99% 9.55% 8.81% 8.96% 9.66% 2.55% 0.83% 7.64%
Enterprise Value to Invested Capital (EV/IC)		 0.88 0.98 1.11 1.03 1.47 1.17 1.26 1.62 1.45 1.63
Enterprise Value to Revenue (EV/Rev)		 0.64 0.86 1.00 0.86 1.11 0.97 0.97 0.92 0.79 0.96
Enterprise Value to EBITDA (EV/EBITDA)		 6.63 33.58 12.51 12.38 11.73 9.88 11.66 22.31 77.20 11.21
Enterprise Value to EBIT (EV/EBIT)		 7.28 54.24 14.40 11.81 12.67 10.41 12.24 24.29 100.68 11.39
Enterprise Value to NOPAT (EV/NOPAT)		 9.66 53.43 19.52 13.96 15.42 12.88 15.21 29.95 123.52 14.30
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.19 4.82 5.99 6.98 8.73 6.59 5.98 6.97 13.00 7.34
Enterprise Value to Free Cash Flow (EV/FCFF)		 7.42 50.70 55.93 11.75 10.43 0.00 12.95 5.15 0.00 160.17
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.28 0.28 0.26 0.26 0.22 0.24 0.25 0.34 0.32 0.28
Long-Term Debt to Equity		 0.28 0.28 0.26 0.26 0.22 0.24 0.25 0.34 0.32 0.25
Financial Leverage		 0.30 0.28 0.27 0.26 0.24 0.23 0.25 0.29 0.33 0.30
Leverage Ratio		 4.84 4.91 5.07 4.68 4.24 4.24 4.36 5.16 5.96 5.63
Compound Leverage Factor		 4.84 4.91 5.07 4.06 5.33 4.21 5.65 3.58 5.25 5.82
Debt to Total Capital		 22.02% 21.58% 20.79% 20.84% 18.30% 19.60% 19.91% 25.11% 24.11% 21.63%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.70%
Long-Term Debt to Total Capital		 22.02% 21.58% 20.79% 20.84% 18.30% 19.60% 19.91% 25.11% 24.11% 19.92%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 77.98% 78.42% 79.21% 79.16% 81.70% 80.40% 80.09% 74.89% 75.89% 78.38%
Debt to EBITDA		 1.67 7.38 2.34 2.50 1.46 1.65 1.85 3.47 12.86 1.48
Net Debt to EBITDA		 0.96 4.73 1.45 -0.78 0.98 1.40 1.30 2.12 7.67 0.66
Long-Term Debt to EBITDA		 1.67 7.38 2.34 2.50 1.46 1.65 1.85 3.47 12.86 1.37
Debt to NOPAT		 2.43 11.74 3.64 2.82 1.91 2.16 2.41 4.65 20.58 1.89
Net Debt to NOPAT		 1.40 7.52 2.26 -0.88 1.28 1.82 1.70 2.84 12.27 0.84
Long-Term Debt to NOPAT		 2.43 11.74 3.64 2.82 1.91 2.16 2.41 4.65 20.58 1.74
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 431 71 75 328 504 -51 381 979 -95 37
Operating Cash Flow to CapEx		 2,280.51% 4,735.03% 3,788.17% 4,208.40% 4,533.08% 4,748.99% 10,296.25% 4,057.87% 3,039.50% 7,905.88%
Free Cash Flow to Firm to Interest Expense		 7.11 1.37 1.67 7.27 13.45 -1.39 11.19 28.70 -2.78 1.08
Operating Cash Flow to Interest Expense		 7.34 14.46 15.59 12.22 16.08 19.07 24.23 21.18 10.61 23.65
Operating Cash Flow Less CapEx to Interest Expense		 7.02 14.16 15.18 11.93 15.72 18.67 23.99 20.66 10.26 23.35
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.36 0.30 0.28 0.32 0.38 0.37 0.37 0.39 0.42 0.41
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 3,648 3,644 3,785 3,733 3,570 3,983 3,927 3,116 3,249 3,626
Invested Capital Turnover		 1.35 1.14 1.14 1.19 1.30 1.27 1.28 1.56 1.88 1.80
Increase / (Decrease) in Invested Capital		 -100 -3.60 141 -52 -163 413 -57 -810 133 377
Enterprise Value (EV)		 3,197 3,580 4,217 3,850 5,264 4,663 4,928 5,035 4,702 5,922
Market Capitalization		 2,732 3,076 3,728 4,093 4,827 4,002 4,377 4,558 4,235 5,573
Book Value per Share		 $65.77 $67.17 $70.58 $69.80 $74.03 $85.96 $88.39 $65.62 $68.94 $78.87
Tangible Book Value per Share		 $61.47 $62.82 $66.37 $65.57 $69.49 $81.16 $83.36 $60.60 $63.94 $73.90
Total Capital		 3,648 3,644 3,785 3,733 3,570 3,983 3,927 3,116 3,249 3,626
Total Debt		 803 786 787 778 653 781 782 782 783 784
Total Long-Term Debt		 803 786 787 778 653 781 782 782 783 722
Net Debt		 464 504 489 -243 438 660 551 477 467 349
Capital Expenditures (CapEx)		 20 16 19 13 13 15 8.00 18 12 10
Net Nonoperating Expense (NNE)		 -0.70 -88 30 -115 -84 3.30 -99 52 2.76 -12
Net Nonoperating Obligations (NNO)		 803 786 787 778 653 781 782 782 783 784
Total Depreciation and Amortization (D&A)		 43 41 44 -15 33 24 20 18 14 8.30
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $7.55 $3.63 $4.38 $9.21 $10.62 $9.52 $11.67 $3.26 $0.99 $11.85
Adjusted Weighted Average Basic Shares Outstanding		 43.90M 42.80M 42.50M 42.40M 40M 37.70M 35.90M 35.60M 35.70M 35.90M
Adjusted Diluted Earnings per Share		 $7.40 $3.59 $4.33 $9.09 $10.46 $9.42 $11.49 $3.21 $0.98 $11.70
Adjusted Weighted Average Diluted Shares Outstanding		 44.80M 43.20M 43M 43M 40.60M 38.10M 36.40M 36.10M 36.10M 36.40M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $10.62 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 42.82M 42.50M 42.50M 40.57M 38.45M 36.39M 35.48M 35.60M 35.82M 35.93M
Normalized Net Operating Profit after Tax (NOPAT)		 331 65 220 276 341 362 324 170 44 419
Normalized NOPAT Margin		 6.63% 1.57% 5.21% 6.18% 7.19% 7.54% 6.39% 3.09% 0.74% 6.76%
Pre Tax Income Margin		 8.81% 1.58% 6.93% 6.33% 11.00% 9.27% 10.27% 2.62% 0.69% 8.68%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 7.25 1.28 6.48 7.23 11.08 12.07 11.84 6.08 1.37 15.25
NOPAT to Interest Expense		 5.46 1.30 4.78 6.11 9.11 9.76 9.53 4.93 1.12 12.14
EBIT Less CapEx to Interest Expense		 6.93 0.98 6.07 6.94 10.73 11.67 11.60 5.56 1.02 14.95
NOPAT Less CapEx to Interest Expense		 5.14 1.00 4.37 5.82 8.75 9.36 9.30 4.41 0.77 11.84
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 22.38% 51.84% 46.62% 24.12% 90.85% 27.74% 24.17% 93.88% 332.01% 29.13%
Augmented Payout Ratio		 60.78% 119.92% 66.60% 38.87% 223.43% 87.06% 62.63% 120.43% 332.01% 35.40%

Quarterly Metrics and Ratios for The Hanover Insurance Group

This table displays calculated financial ratios and metrics derived from The Hanover Insurance Group's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 7.91% 17.67% 9.08% 15.91% 10.76% 0.01% 6.50% 2.13% 2.14% 4.22%
EBITDA Growth		 -69.98% -72.07% -104.62% -309.78% -45.77% 297.81% 2,383.87% 161.42% 1,459.74% 47.31%
EBIT Growth		 -78.67% -74.32% -108.04% -344.14% -52.22% 342.24% 1,437.50% 156.03% 2,641.86% 49.44%
NOPAT Growth		 2.79% -106.32% -106.91% -188.96% -91.53% 1,088.61% 1,615.56% 163.03% 2,986.04% 68.42%
Net Income Growth		 -98.53% -107.22% -111.44% -404.85% 1,620.00% 991.74% 1,062.50% 158.53% 1,087.21% 55.61%
EPS Growth		 -98.94% -107.13% -111.72% -407.94% 2,300.00% 1,015.15% 1,035.29% 157.73% 1,066.67% 52.32%
Operating Cash Flow Growth		 10.02% -13.05% -90.95% 204.65% -28.69% -53.30% 224.31% 432.44% 75.66% 130.31%
Free Cash Flow Firm Growth		 875.16% 264.85% 36.80% -58.52% -78.38% -103.87% -105.55% -201.96% -468.19% -564.36%
Invested Capital Growth		 -20.74% -20.64% -12.26% -9.93% -5.81% 4.26% 4.24% 10.43% 26.29% 11.61%
Revenue Q/Q Growth		 5.68% 11.12% -4.89% 3.90% 0.98% 0.34% 1.67% -0.36% 0.99% 2.39%
EBITDA Q/Q Growth		 -65.28% 157.04% -116.99% -1,283.87% 108.97% 1,785.71% -2.48% -62.78% 127.89% 78.10%
EBIT Q/Q Growth		 -75.48% 257.78% -132.30% -761.54% 104.80% 3,211.63% -2.32% -63.91% 134.86% 80.49%
NOPAT Q/Q Growth		 -49.62% -128.97% 29.25% -761.54% 104.80% 3,279.66% 8.46% -64.17% 134.96% 84.45%
Net Income Q/Q Growth		 -97.80% -2,520.00% 0.83% -476.67% 112.43% 1,154.65% 7.04% -64.94% 152.10% 64.45%
EPS Q/Q Growth		 -98.41% -3,400.00% -3.03% -470.59% 112.37% 1,158.33% 5.30% -64.78% 150.00% 64.29%
Operating Cash Flow Q/Q Growth		 3,563.95% -37.00% -90.88% 44.75% 757.63% -58.75% -36.68% 137.65% 182.94% -45.91%
Free Cash Flow Firm Q/Q Growth		 29.03% -4.88% -45.54% -37.95% -32.76% -117.04% 21.97% -1,040.68% -142.83% 69.26%
Invested Capital Q/Q Growth		 -8.22% 1.23% 1.78% -4.76% -4.02% 12.05% 1.76% 0.90% 9.76% -0.98%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 1.04% 2.40% -0.43% -5.73% 0.51% 9.56% 9.22% 3.44% 7.77% 13.52%
EBIT Margin		 0.66% 2.12% -0.72% -5.98% 0.28% 9.38% 9.06% 3.28% 7.63% 13.45%
Profit (Net Income) Margin		 0.04% -0.80% -0.83% -4.62% 0.57% 7.11% 7.52% 2.65% 6.61% 10.61%
Tax Burden Percent		 100.00% 82.31% 68.57% 76.30% -955.56% 71.84% 79.49% 78.95% 78.72% 79.39%
Interest Burden Percent		 5.56% -45.65% 168.27% 101.23% -20.93% 105.48% 104.46% 102.19% 110.01% 99.39%
Effective Tax Rate		 -20.00% 0.00% 0.00% 0.00% 0.00% 28.56% 20.51% 21.25% 21.28% 20.90%
Return on Invested Capital (ROIC)		 3.94% -1.06% -0.84% -7.65% 0.40% 12.57% 13.44% 4.95% 11.22% 19.51%
ROIC Less NNEP Spread (ROIC-NNEP)		 -0.54% -1.29% -1.44% -8.48% 1.11% 13.36% 14.10% 5.07% 12.39% 19.07%
Return on Net Nonoperating Assets (RNNOA)		 -0.16% -0.37% -0.43% -2.76% 0.39% 4.36% 4.49% 1.66% 3.89% 5.63%
Return on Equity (ROE)		 3.78% -1.43% -1.27% -10.40% 0.79% 16.93% 17.93% 6.61% 15.11% 25.14%
Cash Return on Invested Capital (CROIC)		 31.52% 27.79% 12.98% 7.76% 3.08% -2.97% 0.62% -1.63% -12.74% 1.08%
Operating Return on Assets (OROA)		 0.25% 0.83% -0.29% -2.51% 0.12% 3.92% 3.83% 1.38% 3.15% 5.57%
Return on Assets (ROA)		 0.01% -0.31% -0.33% -1.94% 0.24% 2.97% 3.18% 1.11% 2.73% 4.40%
Return on Common Equity (ROCE)		 3.78% -1.43% -1.27% -10.40% 0.79% 16.93% 17.93% 6.61% 15.11% 25.14%
Return on Equity Simple (ROE_SIMPLE)		 12.88% 0.00% -0.04% -4.15% -4.00% 0.00% 6.45% 10.68% 12.72% 0.00%
Net Operating Profit after Tax (NOPAT)		 36 -10 -7.28 -63 3.01 102 110 40 93 171
NOPAT Margin		 2.60% -0.68% -0.50% -4.19% 0.20% 6.70% 7.18% 2.58% 6.01% 10.83%
Net Nonoperating Expense Percent (NNEP)		 4.48% 0.23% 0.60% 0.83% -0.71% -0.79% -0.66% -0.12% -1.18% 0.44%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 99.34% 97.88% 100.72% 105.98% 99.72% 90.62% 90.94% 96.72% 92.37% 86.55%
Earnings before Interest and Taxes (EBIT)		 9.00 32 -10 -90 4.30 142 139 50 118 213
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 14 37 -6.20 -86 7.70 145 142 53 120 214
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.90 1.95 1.85 1.76 1.83 1.72 1.92 1.77 1.85 1.96
Price to Tangible Book Value (P/TBV)		 2.06 2.12 2.00 1.91 2.00 1.85 2.06 1.90 1.97 2.09
Price to Revenue (P/Rev)		 0.83 0.83 0.79 0.67 0.65 0.71 0.80 0.74 0.87 0.90
Price to Earnings (P/E)		 14.73 39.29 0.00 0.00 0.00 119.96 29.71 16.55 14.56 13.08
Dividend Yield		 2.45% 2.39% 2.51% 2.89% 3.00% 2.77% 2.46% 2.68% 2.30% 2.23%
Earnings Yield		 6.79% 2.55% 0.00% 0.00% 0.00% 0.83% 3.37% 6.04% 6.87% 7.64%
Enterprise Value to Invested Capital (EV/IC)		 1.62 1.62 1.58 1.50 1.50 1.45 1.62 1.49 1.55 1.63
Enterprise Value to Revenue (EV/Rev)		 0.94 0.92 0.89 0.78 0.73 0.79 0.88 0.81 0.93 0.96
Enterprise Value to EBITDA (EV/EBITDA)		 15.55 22.31 58.78 0.00 0.00 77.20 25.66 14.27 12.37 11.21
Enterprise Value to EBIT (EV/EBIT)		 16.55 24.29 74.37 0.00 0.00 100.68 27.29 14.75 12.65 11.39
Enterprise Value to NOPAT (EV/NOPAT)		 17.06 29.95 0.00 0.00 0.00 123.52 34.62 18.81 16.50 14.30
Enterprise Value to Operating Cash Flow (EV/OCF)		 6.61 6.97 9.29 8.14 9.31 13.00 13.31 9.61 8.29 7.34
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.53 5.15 11.39 18.36 47.26 0.00 265.32 0.00 0.00 160.17
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.34 0.34 0.33 0.35 0.37 0.32 0.31 0.31 0.27 0.28
Long-Term Debt to Equity		 0.34 0.34 0.33 0.35 0.37 0.32 0.31 0.31 0.27 0.25
Financial Leverage		 0.29 0.29 0.30 0.33 0.35 0.33 0.32 0.33 0.31 0.30
Leverage Ratio		 5.16 5.16 5.35 5.78 6.36 5.96 5.84 6.07 5.94 5.63
Compound Leverage Factor		 0.29 -2.35 9.00 5.85 -1.33 6.29 6.10 6.20 6.54 5.60
Debt to Total Capital		 25.41% 25.11% 24.68% 25.91% 27.01% 24.11% 23.70% 23.49% 21.41% 21.63%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.70%
Long-Term Debt to Total Capital		 25.41% 25.11% 24.68% 25.91% 27.01% 24.11% 23.70% 23.49% 21.41% 19.92%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 74.59% 74.89% 75.32% 74.09% 72.99% 75.89% 76.30% 76.51% 78.59% 78.38%
Debt to EBITDA		 2.45 3.47 9.16 -18.95 -16.38 12.86 3.75 2.26 1.71 1.48
Net Debt to EBITDA		 1.93 2.12 7.04 -14.90 -10.22 7.67 2.49 1.28 0.78 0.66
Long-Term Debt to EBITDA		 2.45 3.47 9.16 -18.95 -16.38 12.86 3.75 2.26 1.71 1.37
Debt to NOPAT		 2.68 4.65 -319.43 -9.14 -9.04 20.58 5.06 2.98 2.28 1.89
Net Debt to NOPAT		 2.12 2.84 -245.35 -7.18 -5.64 12.27 3.35 1.69 1.04 0.84
Long-Term Debt to NOPAT		 2.68 4.65 -319.43 -9.14 -9.04 20.58 5.06 2.98 2.28 1.74
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 841 800 436 270 182 -31 -24 -276 -669 -206
Operating Cash Flow to CapEx		 7,877.50% 5,089.74% 517.14% 793.94% 7,748.28% 4,213.64% 2,257.69% 6,340.91% 16,445.83% 7,116.67%
Free Cash Flow to Firm to Interest Expense		 98.96 93.04 51.26 31.44 21.39 -3.64 -2.84 -32.05 -78.75 -24.21
Operating Cash Flow to Interest Expense		 37.07 23.08 2.13 3.05 26.44 10.91 6.91 16.22 46.44 25.12
Operating Cash Flow Less CapEx to Interest Expense		 36.60 22.63 1.72 2.66 26.09 10.65 6.60 15.97 46.15 24.76
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.38 0.39 0.40 0.42 0.43 0.42 0.42 0.42 0.41 0.41
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 3,078 3,116 3,172 3,021 2,899 3,249 3,306 3,336 3,662 3,626
Invested Capital Turnover		 1.51 1.56 1.66 1.83 2.00 1.88 1.87 1.92 1.87 1.80
Increase / (Decrease) in Invested Capital		 -806 -810 -443 -333 -179 133 135 315 762 377
Enterprise Value (EV)		 4,974 5,035 5,020 4,543 4,354 4,702 5,355 4,955 5,686 5,922
Market Capitalization		 4,356 4,558 4,419 3,928 3,866 4,235 4,836 4,509 5,330 5,573
Book Value per Share		 $64.43 $65.62 $67.10 $62.64 $59.19 $68.94 $70.47 $71.01 $79.97 $78.87
Tangible Book Value per Share		 $59.41 $60.60 $62.08 $57.64 $54.19 $63.94 $65.47 $66.03 $75.00 $73.90
Total Capital		 3,078 3,116 3,172 3,021 2,899 3,249 3,306 3,336 3,662 3,626
Total Debt		 782 782 783 783 783 783 783 784 784 784
Total Long-Term Debt		 782 782 783 783 783 783 783 784 784 722
Net Debt		 617 477 601 615 489 467 519 446 357 349
Capital Expenditures (CapEx)		 4.00 3.90 3.50 3.30 2.90 2.20 2.60 2.20 2.40 3.00
Net Nonoperating Expense (NNE)		 35 1.81 4.72 6.48 -5.59 -6.17 -5.17 -0.97 -9.21 3.43
Net Nonoperating Obligations (NNO)		 782 782 783 783 783 783 783 784 784 784
Total Depreciation and Amortization (D&A)		 5.20 4.30 4.20 3.80 3.40 2.80 2.50 2.50 2.20 1.10
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.01 ($0.34) ($0.34) ($1.94) $0.24 $3.03 $3.22 $1.13 $2.84 $4.66
Adjusted Weighted Average Basic Shares Outstanding		 35.60M 35.60M 35.60M 35.70M 35.80M 35.70M 35.80M 36M 36M 35.90M
Adjusted Diluted Earnings per Share		 $0.01 ($0.33) ($0.34) ($1.94) $0.24 $3.02 $3.18 $1.12 $2.80 $4.60
Adjusted Weighted Average Diluted Shares Outstanding		 36.10M 36.10M 35.60M 35.70M 36.10M 36.10M 36.30M 36.30M 36.50M 36.40M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 35.56M 35.60M 35.73M 35.75M 35.76M 35.82M 35.94M 35.98M 36.03M 35.93M
Normalized Net Operating Profit after Tax (NOPAT)		 21 -10 -7.28 -62 3.01 102 110 42 93 171
Normalized NOPAT Margin		 1.52% -0.68% -0.50% -4.11% 0.20% 6.70% 7.18% 2.76% 6.04% 10.83%
Pre Tax Income Margin		 0.04% -0.97% -1.21% -6.05% -0.06% 9.89% 9.46% 3.35% 8.39% 13.36%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 1.06 3.74 -1.22 -10.42 0.51 16.75 16.36 5.84 13.87 25.04
NOPAT to Interest Expense		 4.18 -1.20 -0.86 -7.29 0.35 11.97 12.98 4.60 10.93 20.16
EBIT Less CapEx to Interest Expense		 0.59 3.29 -1.64 -10.80 0.16 16.49 16.06 5.58 13.59 24.68
NOPAT Less CapEx to Interest Expense		 3.71 -1.65 -1.27 -7.68 0.01 11.71 12.67 4.34 10.65 19.80
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 36.08% 93.88% -12,344.44% -122.20% -136.60% 332.01% 72.97% 44.18% 33.33% 29.13%
Augmented Payout Ratio		 53.26% 120.43% -13,955.56% -133.41% -136.60% 332.01% 72.97% 44.18% 33.33% 35.40%

Frequently Asked Questions About The Hanover Insurance Group's Financials

When does The Hanover Insurance Group's fiscal year end?

According to the most recent income statement we have on file, The Hanover Insurance Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has The Hanover Insurance Group's net income changed over the last 9 years?
The last 5 years of The Hanover Insurance Group's net income performance:
  • 2020: $358.70 million
  • 2021: $422.80 million
  • 2022: $116 million
  • 2023: $35.30 million
  • 2024: $426 million
How has The Hanover Insurance Group revenue changed over the last 9 years?

Over the last 9 years, The Hanover Insurance Group's total revenue changed from $4.99 billion in 2015 to $6.19 billion in 2024, a change of 24.2%.

How much debt does The Hanover Insurance Group have?

The Hanover Insurance Group's total liabilities were at $12.43 billion at the end of 2024, a 2.4% increase from 2023, and a 13.7% increase since 2015.

How much cash does The Hanover Insurance Group have?

In the past 9 years, The Hanover Insurance Group's cash and equivalents has ranged from $120.60 million in 2020 to $1.02 billion in 2018, and is currently $435.50 million as of their latest financial filing in 2024.

How has The Hanover Insurance Group's book value per share changed over the last 9 years?

Over the last 9 years, The Hanover Insurance Group's book value per share changed from 65.77 in 2015 to 78.87 in 2024, a change of 19.9%.

Remove Ads

Related Companies

This page (NYSE:THG) was last updated on 4/17/2025 by MarketBeat.com Staff
From Our Partners
Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank ac...
Weiss Ratings | Sponsored
Elon Musk Confirms: Tesla’s Optimus is Replacing Workers… and Heading to Mars
Elon Musk just confirmed Tesla’s robot will go to Mars. But on Earth, it may trigger a trillion-dollar tech sh...
InvestorPlace | Sponsored
Collect $7k per month from Tesla’s SECRET dividend
Tesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...
Investors Alley | Sponsored
Trump to redistribute trillions of dollars
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
DOGE Social Security bombshell?
Elon Musk just dropped another bombshell... He revealed his DOGE organization has been taking aim at Social...
Altimetry | Sponsored
Amazon Shocker
Jeff Bezos quietly backing world-changing tech (not AI) The Amazon founder is quietly advancing a radical t...
Stansberry Research | Sponsored
Caught on Camera: Elon Musk’s “Area 51”
You won’t believe what tech legend Jeff Brown found in what he calls Elon Musk’s “Area 51.” (Click here to see...
Brownstone Research | Sponsored
🥾⛏️👷‍♂️ What I Learned From Numerous Mine Visits...
Twenty years ago, I made a decision that changed my life. Instead of sitting behind a desk analyzing mining...
Golden Portfolio | Sponsored