The Hanover Insurance Group Inc

The Hanover Insurance Group Inc

THG · NYSE · Financial Services / Insurance - Property & Casualty

248.26USD+0.27 (+0.11%)

Price History

Full chart

Market Stats

Previous Close247.99
Open249.99
Day Range247.58 – 250.96
52-Week Range163.54 – 235.07
Volume155.60K
Market Cap7.58B
P/E (TTM)10.41
Forward P/E11.15
EPS20.90
Dividend Yield1.75%
Beta0.28
50-Day Avg224.62
200-Day Avg194.62

About

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other. The company offers commercial multiple peril, commercial automobile, workers' compensation, and other core commercial coverage; and professional and executive lines, marine, and surety and other, as well as specialty property and casualty products comprising Hanover program business, excess and surplus business, Hanover specialty industrial, and specialty general liability business coverage. It also provides personal automobile; and homeowners and other personal lines, including residences and personal property, liability claims, personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. In addition, the company offers insurance products for collector cars, motorcycles, off-road vehicles, condominiums, valuable items, business owners, international, and management and professional liability; and for the construction, cultural and educational institutions, financial intuitions, healthcare, human services, life sciences, manufacturing, professional services, real estate, retail, technology, and wholesale and distribution industries. It markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. John Conner Roche
  • Employees4.90K
  • Headquarters440 Lincoln Street, Worcester, MA, United States, 01653, USA
  • Websitehttps://www.hanover.com

Leadership

  • Mr. John Conner RochePresident, CEO & Director · b. 1964
  • Mr. Jeffrey Mark FarberExecutive VP & CFO · b. 1965
  • Mr. Richard William LaveyExecutive VP & COO · b. 1968
  • Mr. Dennis Francis Kerrigan Jr.Executive VP, Chief Legal Officer, Corporate Secretary & Interim Chief Human Resources Officer · b. 1965
  • Mr. Bryan James SalvatoreExecutive VP & President of Specialty · b. 1965
  • Ms. Lindsay France GreenfieldSenior VP & Chief investment Officer
  • Ms. Patricia Ann Norton-GattoSenior VP, Corporate Controller & Principal Accounting Officer · b. 1968
  • Ms. Oksana LukashevaSenior Vice President of Corporate Finance
  • Ms. Toni E. MitchellPresident of Technology & Life Sciences Business
  • Mr. Willard Ty-Lunn LeeExecutive VP and Chief Information & Innovation Officer · b. 1970

Financials

Income Statement

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.24B3.29B3.01B3.13B3.24B3.16B2.89B2.89B2.80B3.10B2.62B2.64B2.67B2.68B2.83B3.15B3.93B4.59B4.79B5.07B5.05B3.97B4.27B4.47B4.89B4.82B5.16B5.43B5.96B6.22B6.60B
Growth (%)-+1.43%-8.48%+3.94%+3.70%-2.43%-8.63%-0.02%-3.01%+10.73%-15.48%+0.77%+1.20%+0.24%+5.73%+11.22%+24.73%+16.76%+4.42%+5.71%-0.38%-21.45%+7.62%+4.64%+9.51%-1.47%+7.08%+5.30%+9.77%+4.25%+6.12%
Cost of Revenue15.90M2.41B2.41B2.35B2.29B2.44B2.43B2.40B2.25B2.37B2.17B1.95B1.98B2.18B2.60B2.53B3.33B3.91B3.73B3.97B3.92B3.35B3.42B3.62B3.79B3.80B4.12B4.72B5.31B4.98B3.73B
Gross Profit3.24B870.60M593.20M772.10M946.60M723.60M458.00M483.80M550.90M727.70M453.90M693.20M693.10M498.00M236.40M626.90M601.90M678.20M1.06B1.10B1.13B616.00M847.60M849.70M1.10B1.02B1.04B716.30M652.90M1.24B2.87B
Gross Margin100.00%26.50%19.73%24.71%29.21%22.88%15.85%16.75%19.66%23.46%17.31%26.23%25.92%18.58%8.34%19.89%15.31%14.77%22.15%21.71%22.40%15.53%19.86%19.03%22.46%21.22%20.21%13.18%10.95%19.91%43.47%
Operating Expense3.02B-1.96B-2.00B472.00M0505.00M0353.80M490.70M541.00M382.60M413.80M351.60M333.60M-34.50M415.80M580.30M649.50M732.50M722.00M691.60M550.00M554.70M567.20M576.40M577.60M521.40M572.30M611.80M699.90M2.02B
Operating Income216.60M2.83B2.60B300.10M946.60M218.60M458.00M130.00M60.20M186.70M71.30M279.40M341.50M164.40M270.90M211.10M21.60M28.70M329.10M378.00M439.40M66.00M292.90M282.50M522.10M444.80M521.30M144.00M41.10M537.80M843.80M
Operating Margin6.69%86.07%86.41%9.60%29.21%6.91%15.85%4.50%2.15%6.02%2.72%10.57%12.77%6.13%9.56%6.70%0.55%0.63%6.87%7.46%8.70%1.66%6.86%6.33%10.68%9.23%10.10%2.65%0.69%8.65%12.79%
EBITDA216.60M2.87B2.63B322.00M980.80M241.40M481.00M150.60M96.00M224.90M102.90M300.80M407.90M179.50M282.70M272.10M103.30M126.20M429.40M477.30M530.20M148.10M368.20M352.20M581.20M500.10M572.20M191.00M81.50M573.40M882.40M
EBITDA Margin6.69%87.43%87.46%10.30%30.27%7.63%16.65%5.21%3.43%7.25%3.92%11.38%15.25%6.70%9.97%8.63%2.63%2.75%8.96%9.42%10.50%3.73%8.63%7.89%11.88%10.38%11.09%3.52%1.37%9.22%13.37%
Net Income133.90M181.90M209.20M201.20M295.80M199.90M-3.10M-306.10M86.90M125.30M-325.20M170.30M253.10M20.60M197.20M154.80M36.70M55.90M251.00M282.00M331.50M155.10M186.20M391.00M425.10M358.70M422.80M116.00M35.30M426.00M662.50M
Net Income Margin4.13%5.54%6.96%6.44%9.13%6.32%-0.11%-10.60%3.10%4.04%-12.40%6.44%9.46%0.77%6.96%4.91%0.93%1.22%5.24%5.56%6.57%3.91%4.36%8.75%8.69%7.44%8.19%2.14%0.59%6.85%10.04%
R&D---------------000000000-------
R&D as % of Total Revenue---------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense00000000000040.60M0044.30M55.00M61.90M65.30M65.80M60.60M51.40M45.20M45.10M37.50M37.10M34.00M34.10M34.10M34.10M43.20M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.52%0.00%0.00%1.41%1.40%1.35%1.36%1.30%1.20%1.30%1.06%1.01%0.77%0.77%0.66%0.63%0.57%0.55%0.65%

Balance Sheet

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets17.76B18.97B22.55B27.65B30.77B31.59B30.34B26.63B25.51B23.72B10.63B9.86B9.82B9.23B8.04B8.57B12.60B13.48B13.38B13.76B13.79B14.22B15.47B12.40B12.49B13.44B14.25B14.00B14.61B15.27B16.95B
Total Liabilities15.43B16.46B19.71B24.89B28.25B28.88B27.64B24.25B23.29B21.38B8.68B7.86B7.52B7.34B5.68B6.11B10.11B10.89B10.78B10.92B10.95B11.36B12.47B9.45B9.57B10.24B11.11B11.66B12.15B12.43B13.37B
Total Equity1.57B1.72B2.38B2.46B2.24B2.41B2.39B2.07B2.22B2.34B1.95B2.00B2.30B1.89B2.36B2.46B2.48B2.60B2.59B2.84B2.84B2.86B3.00B2.95B2.92B3.20B3.14B2.33B2.47B2.84B3.57B
Cash-178.50M215.10M550.30M442.20M279.20M350.20M389.80M380.50M486.50M701.50M372.70M275.40M397.70M316.50M290.40M820.40M564.80M486.20M373.30M338.80M282.60M376.40M1.02B215.70M120.60M230.90M305.00M316.10M435.50M1.12B
Total Debt233.50M240.60M235.10M420.80M244.50M256.10M282.80M199.50M499.50M508.80M508.80M508.80M511.90M531.40M433.90M605.90M911.10M849.40M903.90M903.50M1.62B786.40M786.90M777.90M653.40M1.56B1.56B782.40M783.20M784.10M1.22B
Net Debt233.50M62.10M20.00M-129.50M-197.70M-23.10M-67.40M-190.30M119.00M22.30M-192.70M136.10M236.50M114.50M117.40M315.50M90.70M284.60M417.70M530.20M474.00M503.80M410.50M-242.80M437.70M660.20M550.70M477.40M467.10M348.60M95.60M

Cash Flow

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow128.70M156.00M-173.20M37.90M15.20M159.00M597.60M43.80M-174.30M142.40M153.10M41.80M73.30M209.50M91.60M83.60M221.70M408.20M383.90M564.70M444.70M743.40M704.60M551.30M602.90M707.60M823.70M722.30M361.70M806.40M1.18B
Investing Cash Flow-128.10M424.60M120.50M-617.10M794.90M-885.20M-979.80M1.47B354.30M41.30M811.50M97.90M-72.30M141.40M-42.60M-98.80M182.80M-562.80M-358.70M-600.70M-171.50M-495.40M-506.30M271.30M-311.90M-608.80M-460.20M-507.60M-228.50M-541.50M-666.20M
Financing Cash Flow-250.80M-685.10M89.30M898.70M-905.00M563.20M451.30M-1.47B-189.30M-475.30M-749.60M-468.50M-98.30M-144.60M-130.20M-8.60M127.30M-133.40M-105.50M-71.70M-301.00M-300.80M-111.70M-171.00M-1.10B-193.90M-253.20M-140.60M-122.10M-145.50M175.20M
Capital Expenditure14.10M12.80M15.30M700.00K30.10M13.70M32.10M13.10M5.40M7.80M8.30M8.80M9.50M9.50M10.40M10.90M16.50M21.30M22.90M11.20M19.50M15.70M18.60M13.10M13.30M14.90M8.00M17.80M11.90M10.20M7.70M
Free Cash Flow114.60M143.20M-188.50M37.20M-14.90M145.30M565.50M30.70M-179.70M134.60M144.80M33.00M63.80M200.00M81.20M72.70M205.20M386.90M361.00M553.50M418.90M721.90M686.00M538.20M589.60M692.70M815.70M704.50M349.80M796.20M1.17B
Dividends Paid4.10M13.90M13.70M9.90M13.50M13.40M13.30M---13.40M15.40M20.80M23.00M37.50M47.20M50.90M55.10M60.00M67.00M74.20M80.40M86.80M94.30M386.20M99.50M102.20M108.90M117.20M124.10M130.60M
FCF to OCF89.04%91.79%108.83%98.15%-98.03%91.38%94.63%70.09%103.10%94.52%94.58%78.95%87.04%95.47%88.65%86.96%92.56%94.78%94.03%98.02%94.20%97.11%97.36%97.62%97.79%97.89%99.03%97.54%96.71%98.74%99.35%
Dividend Paid to FCF3.58%9.71%-7.27%26.61%-90.60%9.22%2.35%---9.25%46.67%32.60%11.50%46.18%64.92%24.81%14.24%16.62%12.10%17.71%11.14%12.65%17.52%65.50%14.36%12.53%15.46%33.50%15.59%11.16%

Earnings

Report DateFeb 6, 1996May 3, 1996Aug 1, 1996Nov 4, 1996Feb 5, 1997Apr 30, 1997Jul 31, 1997Oct 30, 1997Feb 5, 1998Apr 30, 1998Jul 30, 1998Oct 29, 1998Feb 4, 1999Apr 29, 1999Jul 29, 1999Oct 28, 1999Feb 3, 2000Apr 27, 2000Jul 27, 2000Oct 26, 2000Feb 5, 2001Apr 30, 2001Jul 30, 2001Oct 29, 2001Feb 4, 2002Apr 29, 2002Jul 29, 2002Oct 28, 2002Feb 3, 2003Apr 28, 2003Jul 28, 2003Oct 27, 2003Jan 29, 2004Apr 26, 2004Jul 26, 2004Oct 25, 2004Jan 31, 2005Apr 28, 2005Jul 26, 2005Oct 25, 2005Jan 30, 2006May 1, 2006Jul 31, 2006Oct 30, 2006Jan 29, 2007Apr 30, 2007Jul 30, 2007Oct 29, 2007Jan 28, 2008Apr 28, 2008Jul 31, 2008Oct 30, 2008Feb 5, 2009May 7, 2009Jul 30, 2009Nov 2, 2009Feb 3, 2010May 6, 2010Aug 4, 2010Nov 3, 2010Feb 9, 2011May 2, 2011Aug 8, 2011Nov 2, 2011Feb 8, 2012Apr 30, 2012Aug 1, 2012Oct 31, 2012Feb 6, 2013Apr 29, 2013Jul 31, 2013Oct 30, 2013Feb 5, 2014Apr 29, 2014Jul 31, 2014Oct 29, 2014Feb 4, 2015Apr 30, 2015Jul 29, 2015Oct 28, 2015Feb 4, 2016May 4, 2016Jul 28, 2016Nov 3, 2016Feb 2, 2017May 3, 2017Aug 2, 2017Nov 1, 2017Jan 31, 2018May 2, 2018Aug 1, 2018Oct 31, 2018Jan 30, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 4, 2020Apr 28, 2020Jul 28, 2020Oct 27, 2020Feb 3, 2021Apr 29, 2021Jul 27, 2021Oct 27, 2021Feb 2, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 1, 2023May 2, 2023Aug 2, 2023Oct 18, 2023Jan 31, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 4, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 3, 2026Apr 29, 2026Jul 28, 2026Oct 28, 2026
EPS Estimate0.550.500.650.750.730.710.790.860.890.840.790.850.990.911.141.201.281.231.361.461.510.741.130.470.640.760.760.010.310.380.030.430.310.520.58-0.220.710.770.86-2.310.820.931.120.371.061.041.051.001.141.050.960.171.130.441.010.981.010.710.200.931.030.50-0.56-0.440.810.950.190.69-1.801.050.711.041.080.941.180.911.501.081.411.451.601.601.191.551.031.721.55-0.761.851.672.071.851.471.741.762.111.982.031.082.222.370.782.310.622.553.072.150.94-1.050.40-1.911.932.572.701.882.523.393.513.114.225.034.223.884.37
EPS Actual0.600.530.660.850.760.660.790.900.930.840.920.721.130.951.321.391.481.221.371.481.500.701.110.650.640.85-0.52-5.960.420.450.350.340.570.620.540.371.100.641.07-2.041.421.020.990.571.221.231.141.011.201.101.070.071.160.390.860.890.830.660.040.980.950.53-0.84-0.411.001.010.220.72-1.651.321.051.361.331.051.301.061.771.271.561.611.821.641.241.83-0.460.951.690.112.001.952.201.971.511.961.882.312.012.231.632.463.021.662.850.853.383.262.320.99-1.050.13-1.910.193.133.081.883.055.323.874.355.095.795.255.31-
Surprise9.09%6.00%1.54%13.33%4.11%-7.04%0.00%4.65%4.49%0.00%16.46%-15.29%14.14%4.40%15.79%15.83%15.63%-0.81%0.74%1.37%-0.66%-5.41%-1.77%38.30%0.00%11.84%-168.42%-59700.00%35.48%18.42%1066.67%-20.93%83.87%19.23%-6.90%268.18%54.93%-16.88%24.42%11.69%73.17%9.68%-11.61%54.05%15.09%18.27%8.57%1.00%5.26%4.76%11.46%-58.82%2.65%-11.36%-14.85%-9.18%-17.82%-7.04%-80.00%5.38%-7.77%6.00%-50.00%6.82%23.46%6.32%15.79%4.35%8.33%25.71%47.89%30.77%23.15%11.70%10.17%16.48%18.00%17.59%10.64%11.03%13.75%2.50%4.20%18.06%-144.66%-44.77%9.03%114.47%8.11%16.77%6.28%6.49%2.72%12.64%6.82%9.48%1.52%9.85%50.93%10.81%27.43%112.82%23.38%37.10%32.55%6.19%7.91%5.32%0.00%-67.50%0.00%-90.16%21.79%14.07%0.00%21.03%56.93%10.26%39.87%20.62%15.11%24.41%36.86%-
Timing-----Pre-marketPre-marketPre-marketPre-marketPre-market---------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap7.58B
Enterprise Value8.15B
Trailing P/E10.41
Forward P/E11.15
PEG Ratio0.34
Price / Sales1.12
Price / Book2.06
EPS20.90
Book Value105.23
Revenue (TTM)6.76B
Gross Profit (TTM)1.70B
EBITDA888.50M
Profit Margin11.17%
Operating Margin14.76%
Return on Equity21.89%
Return on Assets3.89%
Shares Outstanding34.82M
Shares Float34.46M
Beta0.28
Dividend Yield1.75%
Dividend Rate3.80
Payout Ratio17.72%

Analyst Ratings

Buy
Based on 7 analystsTarget 237.75
  • Strong Buy
    1
  • Buy
    3
  • Hold
    3

Ownership Breakdown

Institutions
93.25%
Insiders
0.95%
Retail / Other
5.80%

Top Institutional Holders

  • BlackRock Inc
    3.68M10.57%
  • Vanguard Portfolio Management, LLC
    1.93M5.55%
  • State Street Corp
    1.63M4.69%
  • Vanguard Capital Management, LLC
    1.45M4.17%
  • T. Rowe Price Associates, Inc.
    1.38M3.98%
  • American Century Companies Inc
    1.08M3.10%
  • Dimensional Fund Advisors, Inc.
    1.03M2.96%
  • AQR Capital Management LLC
    1.01M2.91%
  • Fuller & Thaler Asset Management Inc
    989.84K2.84%
  • AllianceBernstein L.P.
    831.54K2.39%
  • First Trust Advisors L.P.
    824.26K2.37%
  • Geode Capital Management, LLC
    728.17K2.09%
  • Ameriprise Financial Inc
    694.77K2.00%
  • Massachusetts Financial Services Company
    598.79K1.72%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    1.23M3.52%
  • FullerThaler Behavioral Sm-Cp Eq R6
    1.04M2.99%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.00M2.87%
  • Avantis US Small Cap Value ETF
    733.86K2.11%
  • Vanguard Small Cap Index
    724.78K2.08%
  • T. Rowe Price Mid-Cap Value
    526.16K1.51%

Dividends

20263×
0.95Sep 11, 20260.95Jun 12, 20260.95Mar 13, 2026
20254×
0.95Dec 12, 20250.90Sep 12, 20250.90Jun 13, 20250.90Mar 14, 2025
20244×
0.90Dec 13, 20240.85Sep 13, 20240.85Jun 14, 20240.85Mar 14, 2024
20234×
0.85Dec 14, 20230.81Sep 14, 20230.81Jun 15, 20230.81Mar 14, 2023
20224×
0.81Dec 14, 20220.75Sep 15, 20220.75Jun 9, 20220.75Mar 10, 2022
20214×
0.75Dec 15, 20210.70Sep 9, 20210.70Jun 10, 20210.70Mar 11, 2021
20201×
0.70Dec 17, 2020