THGNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
HANOVER INSURANCE GROUP, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$230.75−2.22 (-0.95%)
Close on Oct 19, 2026
- Market cap
- $8.21B
- P/E (TTM)
- 11.0
- Dividend yield
- –
Hanover Insurance statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Fire, Marine & Casualty Insurance companies for comparison
Valuation
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Market Cap | $8.03B | $3.25B |
| Enterprise Value | $7.82B | $2.52B |
| PE Ratio | 11.03 | 10.38 |
| PS Ratio | 1.19 | 1.08 |
| PB Ratio | 2.19 | 1.48 |
| P/TBV Ratio | 2.30 | 1.56 |
| P/FCF Ratio | 6.41 | 7.95 |
| P/OCF Ratio | 6.36 | 7.31 |
Enterprise value
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| EV / Sales | 1.16 | 0.93 |
| EV / EBITDA | 7.57 | 6.38 |
| EV / EBIT | 7.53 | 8.98 |
| EV / FCF | 6.24 | 7.33 |
Income (trailing twelve months)
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Revenue | $6.76B | $4.57B |
| Operating Income | $1.04B | $617.20M |
| Pretax Income | $966.60M | $589.53M |
| Net Income | $755.60M | $470.80M |
| EBITDA | $1.03B | $657.96M |
| EPS (Diluted) | $20.92 | $4.71 |
Margins
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Operating Margin | 15.4% | 4.46% |
| Pretax Margin | 14.3% | 13.7% |
| Profit Margin | 11.2% | 10.7% |
| EBITDA Margin | 15.3% | 13.5% |
| FCF Margin | 18.5% | 17.5% |
Returns
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Return on Equity (ROE) | 21.9% | 13.9% |
| Return on Assets (ROA) | 4.64% | 3.31% |
| Return on Invested Capital (ROIC) | 23.6% | 19.7% |
Growth
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 5.57% | 8.06% |
| Net Income Growth (YoY) | 36.1% | 25.1% |
| EPS Growth (YoY) | 37.5% | 27.7% |
| FCF Growth (YoY) | 48.3% | 7.71% |
| Revenue Growth (3Y CAGR) | 6.44% | 9.53% |
| Revenue Growth (5Y CAGR) | 6.45% | 8.29% |
| EPS Growth (3Y CAGR) | 78.2% | 15.9% |
| EPS Growth (5Y CAGR) | 14.0% | 15.2% |
Balance sheet
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $266.10M | $482.49M |
| Total Debt | $50.10M | $859.00M |
| Net Cash (Debt) | $216.00M | $300.85M |
| Net Cash Per Share | $6.20 | $5.27 |
| Equity (Book Value) | $3.67B | $3.63B |
| Book Value Per Share | $105.47 | $41.34 |
| Tangible Book Value | $3.49B | $2.59B |
Financial position
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Debt / Equity | 0.01 | 0.27 |
| Debt / EBITDA | 0.05 | 2.36 |
| Debt / FCF | 0.04 | 2.10 |
| Net Debt / EBITDA | -0.21 | -0.40 |
| Interest Coverage | 22.10 | 4.13 |
Cash flow (trailing twelve months)
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Operating Cash Flow | $1.26B | $631.50M |
| Capital Expenditures | -$10.60M | -$11.90M |
| Free Cash Flow | $1.25B | $661.55M |
| FCF Per Share | $35.99 | $8.91 |
Efficiency
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Asset Turnover | 0.42 | 0.27 |
| Revenue Per Employee | $1.38M | $1.68M |
| Profits Per Employee | $154.20K | $188.96K |
| Employee Count | 4,900 | 1,400 |
Dividends and yields
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Earnings Yield | 9.40% | 9.43% |
| FCF Yield | 15.6% | 12.5% |
| Buyback Yield | 2.89% | 2.87% |
| Shareholder Yield | 2.89% | 4.57% |
| Payout Ratio | 17.5% | 20.2% |
| FCF Payout Ratio | 10.6% | 16.0% |
Shares
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Shares Outstanding | 34,820,200 | 65,596,200 |
| Shares Change (YoY) | -1.10% | -1.19% |
| Float | 34,406,200 | 56,719,400 |
| Shares Held by Insiders | 1.19% | 3.34% |
| Shares Held by Institutions | 92.0% | 85.3% |
Taxes
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Income Tax | $212.80M | $105.00M |
| Effective Tax Rate | 22.0% | 19.8% |
Scores
| Measure | Hanover Insurance | Industry median |
|---|---|---|
| Graham Number | $222.81 | $76.86 |
| Graham Upside | -3.44% | 18.9% |
| Altman Z-Score | 1.31 | 0.87 |
| Piotroski F-Score | 6 | 5 |
Calculated by StockData from Hanover Insurance's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.