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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$8.06B+29.8%
Enterprise value$8.64B+28.0%
P/E10.7×-0.5×
P/S1.2×+0.2×

Profitability

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Operating margin14.2%
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×

Where this comes from

Reported directly by The Hanover Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

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

Filed
Jul 29, 2026, 5:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000944695-26-000014
(In millions)Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Adjustments to reconcile net income to net cash provided by operating activities:
Net realized and unrealized investment (gains) losses(0.3)20.6
Net amortization and depreciation(2.8)(2.1)
Stock-based compensation expense18.117.8
Amortization of defined benefit plan costs3.43.3
Deferred income tax benefit(3.0)(2.5)
Change in deferred acquisition costs(13.2)(11.7)
Change in premiums receivable, net of reinsurance premiums payable(88.9)(81.7)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is The Hanover Insurance Group's stock-based comp?
The Hanover Insurance Group (THG) reported stock-based comp of $11.5M in Q2 2026.
How has The Hanover Insurance Group's stock-based comp changed year-over-year?
The Hanover Insurance Group's stock-based comp increased by 2.7% year-over-year, from $11.2M to $11.5M.
What is the long-term trend for The Hanover Insurance Group's stock-based comp?
Over 4 years (2021 to 2025), The Hanover Insurance Group's stock-based comp has grown at a 11.7% compound annual growth rate (CAGR), from $22.9M to $35.6M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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