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The Hanover Insurance Group

THG

The Hanover Insurance Group, Inc. is a leading holding company that provides a diverse suite of property and casualty insurance products and services in the United States.

Market cap
$7.68B+29.4%
Revenue$6.8B+5.6%
Net income$755.6M+36.1%
Free cash flow$1.3B+48.3%
EPS (diluted)$20.94+37.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$1.7B+4.3%
Operating income$251.9M+20.0%
Net income$191.6M+22.0%
EPS (diluted)$5.38+25.1%

Balance sheet

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Cash & equivalents$266.1M+9.0%
Total debt$844.0M+7.6%
Total equity$3.7B+14.2%
Total assets$16.9B+7.2%

Cash flow

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Operating cash flow$212.3M+2.8%
CapEx$2.9M+70.6%
Free cash flow$209.4M+2.2%

Valuation & ratios

Valuation

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Market cap$7.68B+29.4%
Enterprise value$8.26B+27.6%
P/E10.2×-0.5×
P/S1.1×+0.2×

Profitability

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Net margin11.2%+2.5pp
FCF margin18.5%+5.3pp

Returns & leverage

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Return on equity21.9%+2.7pp
Debt / equity0.2×0.0×

Competitors

Profile

The Hanover Insurance Group, Inc. is a leading holding company that provides a diverse suite of property and casualty insurance products and services in the United States. The company operates through a specialized agency-centric strategy, delivering tailored coverage solutions for small and mid-sized businesses as well as individuals through a selective network of independent agents and brokers.

Competitive position

A prominent property and casualty insurer in the U.S. that differentiates itself through a localized field structure and a strong focus on the independent agency distribution channel.

GeographiesUnited States
Customer segmentsSmall and Medium Enterprises, Retail Consumers, Commercial Accounts
Business modelB2B2C, Underwriting, Brokerage Distribution
SuppliersReinsurance providers, Third-party investment managers, Actuarial data providers, Catastrophe modeling services
CustomersIndependent insurance agents, Wholesale insurance brokers, Managing general agents, Retail policyholders
Listed1995
Employees4.8K
CEOJohn Conner Roche
FilingsSEC EDGAR

Questions, answered.

What is The Hanover Insurance Group's market cap?
The Hanover Insurance Group (THG) has a market capitalization of $7.7B and trades on NYSE.
What is The Hanover Insurance Group's revenue and profitability?
The Hanover Insurance Group generated $6.8B in trailing twelve-month revenue with net income of $755.6M, representing a net margin of 11.2%, with free cash flow of $1.3B. These figures are based on the Q2 2026 filing.
Who are The Hanover Insurance Group's competitors?
The Hanover Insurance Group's key competitors include The Progressive Corporation, The Travelers Companies, Inc., The Allstate Corporation, and others. These companies compete in similar markets and product categories.
Who does The Hanover Insurance Group partner with?
The Hanover Insurance Group's notable partners include Commonwealth Re Ltd., HDI Group, Berkshire Hathaway Inc., and others.
What subsidiaries does The Hanover Insurance Group have?
The Hanover Insurance Group's subsidiaries include The Hanover Insurance Company, Citizens Insurance Company of America.
Where is The Hanover Insurance Group headquartered?
The Hanover Insurance Group is headquartered in United States of America and employs approximately 4,800 people. It has been publicly traded since 1995.