Hanover Insurance Group (THG) Financials
Income statement, balance sheet, and financial data
Annual Financials
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 6.6B | 6.2B | 6B | 5.5B | 5.2B |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Operating Income | 933M | 650.1M | 105.6M | 285.1M | 432.3M |
| Net Income | 662.5M | 426M | 35.3M | 116M | 418.7M |
| EPS (Basic) | $18.50 | $11.85 | $0.99 | $3.26 | $11.67 |
| EPS (Diluted) | $18.16 | $11.70 | $0.98 | $3.21 | $11.49 |
| Balance Sheet | |||||
| Total Assets | 16.9B | 15.3B | 14.6B | 14B | 14.3B |
| Total Liabilities | 13.4B | 12.4B | 12.1B | 11.7B | 11.1B |
| Stockholders' Equity | 3.6B | 2.8B | 2.5B | 2.3B | 3.1B |
| Cash & Equivalents | 1.1B | 435.5M | 316.1M | 305M | 230.9M |
| Total Debt | 843.3M | 722.3M | 783.2M | — | — |
Quarterly Financials
| Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 4.9B | 3.3B | 1.6B | — | 4.7B | 3.1B | 1.6B | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Operating Income | 644M | 396.3M | 186.4M | — | 395.7M | 245.1M | 149.7M | — |
| Net Income | 464M | 285.3M | 128.2M | — | 258.1M | 156M | 115.5M | — |
| EPS (Basic) | $12.93 | $7.94 | $3.56 | — | $7.18 | $4.35 | $3.22 | — |
| EPS (Diluted) | $12.70 | $7.80 | $3.50 | — | $7.10 | $4.30 | $3.18 | — |
| Balance Sheet | ||||||||
| Total Assets | 16.8B | 15.7B | 15.5B | 15.3B | 15.4B | 14.9B | 14.6B | 14.6B |
| Total Liabilities | 13.3B | 12.5B | 12.4B | 12.4B | 12.5B | 12.3B | 12.1B | 12.1B |
| Stockholders' Equity | 3.4B | 3.2B | 3B | 2.8B | 2.9B | 2.6B | 2.5B | 2.5B |
| Cash & Equivalents | 915.7M | 244.1M | 315.1M | 435.5M | 427.1M | 337.6M | 264.6M | 316.1M |
| Total Debt | 843M | 347.8M | 722.5M | 722.3M | — | — | — | — |