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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Net margin10.8%+0.7pp10%+0.3pp9.7%+1.0pp8.7%+1.7pp7%+0.1pp
Free cash flow margin18.7%+0.9pp17.7%+2.3pp15.4%+2.2pp13.2%+0.8pp12.4%-0.4pp
Returns
Return on equity21.8%+1.1pp20.7%+0.6pp20%+0.8pp19.3%+3.5pp15.8%-0.3pp
Return on assets4.5%+0.4pp4.1%+0.2pp3.9%+0.3pp3.6%+0.7pp2.9%+0.1pp
Return on invested capital19.9%-1.0pp20.9%+1.5pp19.5%+1.5pp18%+2.2pp15.8%-0.1pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Leverage
Debt-to-equity0.2×-0.1×0.3×0.0×0.4×+0.1×0.2×0.0×0.3×0.0×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.0×0.1×0.0×
Interest coverage21.5×+0.3×21.2×-2.0×23.2×+0.7×22.5×+3.4×19.1×+1.1×
Per Share
Book value per share$99.45+1.6%$97.85+4.0%$94.13+6.8%$88.12+5.9%$83.18+6.5%
Valuation
Market capitalization$6.1B-6.2%$6.5B+0.1%$6.5B+7.1%$6.07B-3.2%$6.27B+12.5%
Enterprise value$6.7B+1.5%$6.6B-3.8%$6.86B+3.8%$6.61B-1.9%$6.74B+13.8%
Price / earnings8.5×-1.4×9.8×-0.5×10.3×-0.6×10.9×-3.4×14.3×+1.2×
Price / sales0.9×-0.1×0.0×+0.1×0.9×0.0×+0.1×
Price / book1.7×-0.1×1.8×-0.1×1.9×0.0×1.9×-0.2×2.1×+0.1×
EV / sales0.0×-0.1×1.1×0.0×0.0×1.1×+0.1×
Free cash flow yield20.5%+2.5pp18%+2.5pp15.5%+1.5pp13.9%+1.5pp12.4%-1.9pp
Earnings yield11.8%+1.6pp10.2%+0.5pp9.7%+0.6pp9.2%+2.2pp7%-0.6pp
Dividend yield2.2%+0.2pp2%0.0pp2%-0.1pp2.1%+0.1pp2%-0.2pp
PEG ratio0.1×0.0×0.2×0.0×0.1×

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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.