Hanover Insurance Group, Inc. (THG) stock
THGNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q/A on Nov 5, 2026Score 14/3015% above fair value
$248.26+0.27 (+0.11%)
Close on Nov 13, 2026Market cap $8.53BP/E 11.9Yield –
Hanover Insurance profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Hanover Insurance's profit margin for the twelve months ending Sep 30, 2026 was 11.0%. For fiscal 2025 it was 10.0%, against 6.8% the year before. The highest annual figure on record is 10.0% in fiscal 2025.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.0% | +3.2 |
| FY2024 | Dec 31, 2024 | 6.8% | +6.2 |
| FY2023 | Dec 31, 2023 | 0.6% | −1.5 |
| FY2022 | Dec 31, 2022 | 2.1% | −6.0 |
| FY2021 | Dec 31, 2021 | 8.1% | +0.7 |
| FY2020 | Dec 31, 2020 | 7.4% | −1.3 |
| FY2019 | Dec 31, 2019 | 8.7% | −0.0 |
| FY2018 | Dec 31, 2018 | 8.7% | +4.3 |
| FY2017 | Dec 31, 2017 | 4.4% | +0.5 |
| FY2016 | Dec 31, 2016 | 3.8% | −2.8 |
| FY2015 | Dec 31, 2015 | 6.6% | +1.0 |
| FY2014 | Dec 31, 2014 | 5.6% | +0.3 |
| FY2013 | Dec 31, 2013 | 5.2% | +4.0 |
| FY2012 | Dec 31, 2012 | 1.2% | +0.3 |
| FY2011 | Dec 31, 2011 | 0.9% | −3.9 |
| FY2010 | Dec 31, 2010 | 4.8% | −2.2 |
| FY2009 | Dec 31, 2009 | 7.0% | +6.2 |
| FY2008 | Dec 31, 2008 | 0.8% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 9.9% | −0.8 |
| Q2 FY2026 | Jun 30, 2026 | 11.1% | +1.6 |
| Q1 FY2026 | Mar 31, 2026 | 11.0% | +3.0 |
| Q4 FY2025 | Dec 31, 2025 | 11.9% | +1.3 |
| Q3 FY2025 | Sep 30, 2025 | 10.7% | +4.2 |
| Q2 FY2025 | Jun 30, 2025 | 9.5% | +6.9 |
| Q1 FY2025 | Mar 31, 2025 | 8.0% | +0.6 |
| Q4 FY2024 | Dec 31, 2024 | 10.6% | +3.5 |
| Q3 FY2024 | Sep 30, 2024 | 6.5% | +6.0 |
| Q2 FY2024 | Jun 30, 2024 | 2.6% | +7.2 |
| Q1 FY2024 | Mar 31, 2024 | 7.4% | +8.3 |
| Q4 FY2023 | Dec 31, 2023 | 7.1% | +7.9 |
| Q3 FY2023 | Sep 30, 2023 | 0.6% | +0.5 |
| Q2 FY2023 | Jun 30, 2023 | -4.6% | −6.4 |
| Q1 FY2023 | Mar 31, 2023 | -0.8% | −8.7 |
| Q4 FY2022 | Dec 31, 2022 | -0.8% | −13.0 |
| Q3 FY2022 | Sep 30, 2022 | 0.0% | −2.6 |
| Q2 FY2022 | Jun 30, 2022 | 1.8% | −8.2 |
| Q1 FY2022 | Mar 31, 2022 | 7.9% | +0.7 |
| Q4 FY2021 | Dec 31, 2021 | 12.2% | −0.5 |
| Q3 FY2021 | Sep 30, 2021 | 2.7% | −6.8 |
| Q2 FY2021 | Jun 30, 2021 | 9.9% | +0.5 |
| Q1 FY2021 | Mar 31, 2021 | 7.2% | +11.0 |
| Q4 FY2020 | Dec 31, 2020 | 12.7% | +4.0 |
| Q3 FY2020 | Sep 30, 2020 | 9.5% | −0.3 |
| Q2 FY2020 | Jun 30, 2020 | 9.4% | +3.2 |
| Q1 FY2020 | Mar 31, 2020 | -3.8% | −13.8 |
| Q4 FY2019 | Dec 31, 2019 | 8.7% | −2.5 |
| Q3 FY2019 | Sep 30, 2019 | 9.8% | +1.2 |
| Q2 FY2019 | Jun 30, 2019 | 6.2% | −2.6 |
| Q1 FY2019 | Mar 31, 2019 | 10.0% | +3.8 |
| Q4 FY2018 | Dec 31, 2018 | 11.2% | +6.5 |
| Q3 FY2018 | Sep 30, 2018 | 8.6% | +7.6 |
| Q2 FY2018 | Jun 30, 2018 | 8.8% | +1.3 |
| Q1 FY2018 | Mar 31, 2018 | 6.2% | +1.8 |
| Q4 FY2017 | Dec 31, 2017 | 4.7% | +5.8 |
| Q3 FY2017 | Sep 30, 2017 | 1.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 7.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 4.4% | – |
| Q4 FY2016 | Dec 31, 2016 | -1.1% | – |
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