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The Hanover Insurance Group THG Free cash flow margin

Free cash flow margin at other companies

Progressive logo
ProgressivePGR
18.4%-1.7pp
Allstate logo
AllstateALL
17.5%+4.6pp
Selective Insurance Group logo
Selective Insurance GroupSIGI
21.7%-0.4pp
United Fire Group logo
United Fire GroupUFCS
20.1%-5.4pp
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
19.6%-1.4pp
Cincinnati Financial logo
Cincinnati FinancialCINF
24.4%+2.2pp

Other financials

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

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Market cap$7.98B+28.5%
Enterprise value$8.56B+26.8%
P/E10.6×-0.6×
P/S1.2×+0.2×

Profitability

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Operating margin14.2%
Net margin11.2%+2.5pp

Returns & leverage

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

Where this comes from

Calculated from The Hanover Insurance Group’s reported figures.

Based on trailing twelve months.

The source filing: The Hanover Insurance Group’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 5:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000944695-26-000014

FAQ

What is The Hanover Insurance Group's free cash flow margin?
The Hanover Insurance Group (THG) reported free cash flow margin of 18.5% in Q2 2026.
How has The Hanover Insurance Group's free cash flow margin changed year-over-year?
The Hanover Insurance Group's free cash flow margin increased by 40.5% year-over-year, from 13.2% to 18.5%.
What is the long-term trend for The Hanover Insurance Group's free cash flow margin?
Over 5 years (2020 to 2025), The Hanover Insurance Group's free cash flow margin has grown at a 4.3% compound annual growth rate (CAGR), from 14.3% to 17.7%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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