The Hanover Insurance Group, Inc. (THG)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 4,819 | 5,160 | 5,433 | 5,964 | 6,217 | 6,598 | 6,758 | 6,645 |
| Operating profit | $m | 844 | 967 | ||||||
| Net profit | $m | 359 | 423 | 116 | 35 | 426 | 663 | 756 | 727 |
| EPS reported | $ | 18.51 | 20.81 | ||||||
| Operating cashflow per share | $ | 33.00 | 35.60 | ||||||
| Capex per share | $ | 0.22 | 0.30 | ||||||
| FCF per share | $ | 32.78 | 35.30 | ||||||
| Free cash flow | $m | 1,170 | 1,253 | ||||||
| Net debt | $m | -1,778 | -1,178 | ||||||
| Book value equity | $m | 3,572 | 3,673 | ||||||
| Book value per share | $ | 100.0 | 101.2 | ||||||
| Number of shares | m | 35.7 | 36.3 | ||||||
| DPS (TTM paid) | $ | 3.65 | 3.80 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 9.87 | 10.45 | ||||||
| P/B LTM | x | 1.83 | 1.78 | ||||||
| P/S LTM | x | 0.99 | 0.97 | ||||||
| P/FCF LTM | x | 5.57 | 5.21 | ||||||
| EV/EBITDA LTM | x | 7.50 | 6.57 | ||||||
| EV/Sales LTM | x | 1.00 | 1.25 | ||||||
| Earnings Yield LTM | % | +10.13% | +9.57% | ||||||
| FCF Yield | % | +17.94% | +19.20% | ||||||
| Quality | |||||||||
| ROE | % | +18.55% | +21.22% | ||||||
| ROIC | % | +11.58% | +4.47% | ||||||
| Operating margin | % | +12.79% | +14.30% | ||||||
| Gross margin | % | +43.47% | +39.89% | ||||||
| FCF/Sales | % | +17.74% | +18.54% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +58.21% | +77.86% | ||||||
| Sales Growth YoY | % | +6.12% | +8.70% | ||||||
| Net Income Growth YoY | % | +55.52% | +77.37% | ||||||
| FCF Growth | % | +47.00% | +57.39% | ||||||
| Operating Profit Growth | % | +56.90% | +79.73% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +2.00% | +1.66% | ||||||
| Dividend Growth | % | +5.80% | +10.14% | ||||||
| Payout Ratio | % | +19.76% | +17.53% | ||||||
| FCF/Debt | x | 0.96 | 1.48 | ||||||
| Net Debt/EBITDA | x | 0.11 | 0.58 | ||||||
| EBIT/Net interest | x | 19.53 | 20.57 | ||||||
| Net debt/market cap | % | +18.67% | +10.74% | ||||||
| Net debt/Equity | x | -0.50 | -0.32 | ||||||
| Gross debt/equity | x | 0.34 | 0.23 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
The Hanover Insurance Group, Inc. (THG) is a U.S.-based insurer offering a wide array of property and casualty coverage through its various operating units. Its operations are organized into three main divisions: Commercial Lines, Personal Lines, and an "Other" segment. The Commercial Lines division delivers a comprehensive suite of business insurance solutions, including multi-peril, commercial auto, and workers' compensation policies. It also provides management and professional liability, marine, specialized industrial and commercial property, standalone general liability, surety bonds, umbrella liability, fidelity, crime, and additional commercial protection. Within Personal Lines, customers can access auto and homeowners' insurance, alongside other individual coverages like personal umbrella policies, inland marine, fire, personal watercraft, and personal cyber protection. The "Other" segment focuses on delivering investment management expertise to institutions, pension funds, and a range of other organizational clients. Distribution of Hanover's offerings is primarily facilitated by a network of independent agents and brokers. Originally incorporated as Allmerica Financial Corp., the company adopted its current name, The Hanover Insurance Group, Inc., in December 2005. Established in 1852, The Hanover Insurance Group, Inc. maintains its corporate headquarters in Worcester, Massachusetts.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
The Hanover Insurance Group, Inc. (THG)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
The Hanover Insurance Group, Inc. (THG) is a U.S.-based insurer offering a wide array of property and casualty coverage through its various operating units. Its operations are organized into three main divisions: Commercial Lines, Personal Lines, and an "Other" segment. The Commercial Lines division delivers a comprehensive suite of business insurance solutions, including multi-peril, commercial auto, and workers' compensation policies. It also provides management and professional liability, marine, specialized industrial and commercial property, standalone general liability, surety bonds, umbrella liability, fidelity, crime, and additional commercial protection. Within Personal Lines, customers can access auto and homeowners' insurance, alongside other individual coverages like personal umbrella policies, inland marine, fire, personal watercraft, and personal cyber protection. The "Other" segment focuses on delivering investment management expertise to institutions, pension funds, and a range of other organizational clients. Distribution of Hanover's offerings is primarily facilitated by a network of independent agents and brokers. Originally incorporated as Allmerica Financial Corp., the company adopted its current name, The Hanover Insurance Group, Inc., in December 2005. Established in 1852, The Hanover Insurance Group, Inc. maintains its corporate headquarters in Worcester, Massachusetts.
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