The Hanover Insurance Group THG Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 10.8%+3.8pp | 10%+3.2pp | 9.7%+3.8pp | 8.7%+4.2pp | 7%+4.3pp | |
| Returns | ||||||
| Return on equity | 21.8%+6.0pp | 20.7%+4.6pp | 20%+5.4pp | 19.3%+7.9pp | 15.8%+9.1pp | |
| Return on invested capital | 19.9%+4.1pp | 20.9%+5.0pp | 19.5%+4.9pp | 18%+6.8pp | 15.8%+9.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.2×0.0× | 0.3×+0.1× | 0.4×+0.1× | 0.2×-0.1× | 0.3×-0.1× | |
| Net debt / EBITDA | 0.6×— | 0.1×— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | $99.45+19.6% | $97.85+25.3% | $94.13+19.4% | $88.12+25.3% | $83.18+19.7% | |
| Valuation | ||||||
| Market capitalization | $6.1B-2.7% | $6.5B+16.7% | $6.5B+21.8% | $6.07B+35.1% | $6.27B+28.6% | |
| Price / earnings | 8.5×-5.8× | 9.8×-3.3× | 10.3×-4.3× | 10.9×-5.6× | 14.3×-15.7× | |
| Price / sales | 0.9×-0.1× | 1×+0.1× | 1×+0.1× | 0.9×+0.2× | 1×+0.2× | |
| Price / book | 1.7×-0.4× | 1.8×-0.1× | 1.9×0.0× | 1.9×+0.1× | 2.1×+0.1× | |
| EV / EBITDA | 6.9×— | 7.2×— | —— | —— | —— | |
| Dividend yield | 2.2%+0.1pp | 2%-0.2pp | 2%-0.3pp | 2.1%-0.6pp | 2%-0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do The Hanover Insurance Group's ratios come from?
- Every ratio is computed from The Hanover Insurance Group's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
