THG - NYSE

The Hanover Insurance Group, Inc.

THG·NYSE

$186.35

+0.68%

Financial ServicesInsurance - Property & Casualty

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$6.52B

EPS18.5100

P/E Ratio10.07

Earnings Date07/29/2026

16.95B

Assets

11%

3Y+21.0%

5Y+26.0%

10Y+19.0%

13.37B

Total Liabilities

3Y+15.0%

5Y+31.0%

10Y+18.0%

3.57B

Total Equity

26%

3Y+53.0%

5Y+12.0%

10Y+25.0%

The Hanover Insurance Group, Inc. Funding & Solvency Profile

THG · NYSE

Current Assets

Cash & Cash Equivalents1.12B

Net Receivables3.95B

Inventory0.00

Other Current Assets0.00

Total Current Assets7 B

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets881.80M

Long-Term Investments8.51B

Other Non-Current Assets522.90M

Total Non-Current Assets9 B

Total Assets

16.95B

Financial Health Analysis

Current Ratio

0.62x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

3.74x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-4291800000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

41% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

The Hanover Insurance Group, Inc. Balance Sheet

THG • NYSE

The Hanover Insurance Group, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	1.1B	435.5M	316.1M	305M	230.9M	120.6M	215.7M	1B	376.4M	282.6M	338.8M	373.3M	486.2M	564.8M	820.4M	290.4M	316.5M	397.7M	275.4M	372.7M
Short-Term Investments	1.9B	1.6B	8B	7.5B	7.7B	7.5B	6.7B	6.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	49.5M	0.0	0.0
Cash & Short-Term Investments	3B	2B	8.3B	7.8B	8B	7.6B	6.9B	7.2B	376.4M	282.6M	338.8M	373.3M	486.2M	564.8M	820.4M	290.4M	316.5M	416.9M	275.4M	372.7M
Net Receivables	4B	3.9B	3.8B	3.6B	3.4B	3.2B	3.1B	2.8B	1.6B	1.4B	4B	1.4B	3.7B	3.8B	1.2B	772M	590.8M	578.5M	626.7M	1.9B
Accounts Receivables	3.9B	3.8B	3.8B	3.6B	3.4B	3.2B	3.1B	2.8B	1.6B	1.4B	4B	1.4B	3.7B	3.8B	1.2B	772M	590.8M	578.5M	626.7M	584.7M
Other Receivables	80.1M	69.8M	58.2M	54.5M	49.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.4B
Other Current Assets	0.0	0.0	0.0	0.0	0.0	-10.8B	-10B	-3.7B	-1.6B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.8M	-1.4B
Total Current Assets	6.9B	5.9B	12.1B	11.4B	11.4B	0.0	0.0	6.3B	297.9M	1.7B	4.4B	1.7B	4.1B	4.4B	2B	1.1B	907.3M	995.4M	904.9M	957.4M
NON-CURRENT ASSETS
Goodwill	178.8M	178.8M	178.8M	178.8M	178.8M	178.8M	178.8M	178.8M	192.6M	184.8M	186M	184.6M	184.9M	184.9M	185.5M	179.2M	171.4M	169.9M	126M	121.4M
Intangible Assets	703M	662.8M	620.8M	604.8M	552M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	881.8M	841.6M	799.6M	783.6M	730.8M	178.8M	178.8M	178.8M	192.6M	184.8M	186M	184.6M	184.9M	184.9M	185.5M	179.2M	171.4M	169.9M	126M	121.4M
Long-Term Investments	8.5B	7.8B	927.8M	1B	1.4B	8.1B	7.3B	6.6B	6.3B	7.9B	7.6B	8B	7.4B	7.3B	6.5B	4.9B	4.7B	4.2B	4.6B	5.6B
Tax Assets	83.3M	174.2M	173.3M	199.2M	0.0	0.0	0.0	0.0	168.8M	0.0	0.0	0.0	0.0	267.6M	260M	177.4M	228.6M	0.0	330.5M	385M
Other Non-Current Assets	522.9M	548.3M	590.6M	577.1M	713.4M	-8.2B	-7.4B	0.0	1.9B	-7.8B	0.0	-7.8B	0.0	-267.6M	-260M	-177.4M	-4.7B	-3.9B	-4.6B	-5.6B
Total Non-Current Assets	10B	9.4B	2.5B	2.6B	2.9B	0.0	0.0	6.8B	8.5B	299.9M	7.7B	315.8M	7.6B	7.5B	6.7B	5.1B	400M	455.7M	456.5M	506.4M
Other Assets	0.0	0.0	0.0	0.0	0.0	13.4B	12.5B	-710.1M	6.6B	12.2B	1.7B	11.7B	1.6B	1.7B	3.9B	2.4B	6.7B	7.8B	8.5B	8.4B
Total Assets	16.9B	15.3B	14.6B	14B	14.3B	13.4B	12.5B	12.4B	15.5B	14.2B	13.8B	13.8B	13.4B	13.5B	12.6B	8.6B	8B	9.2B	9.8B	9.9B
LIABILITIES
CURRENT LIABILITIES
Total Payables	45.2M	795.5M	64.3M	802M	962.8M	735.9M	681.1M	37.3M	344.8M	979.9M	930.1M	922.2M	1B	1.2B	1B	576.1M	661.7M	683.6M	678.5M	980.7M
Accounts Payable	45.2M	37.7M	64.3M	70.3M	55.1M	48.4M	53.4M	37.3M	51.5M	251.9M	205.2M	226.8M	374.7M	466.2M	378.9M	34.4M	58.5M	61.3M	44.9M	0.0
Other Payables	0.0	757.8M	0.0	731.7M	907.7M	687.5M	627.7M	0.0	293.3M	728M	724.9M	695.4M	637.2M	775.8M	642.9M	541.7M	603.2M	622.3M	633.6M	980.7M
Accrued Expenses	0.0	0.0	775.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	724.9M	0.0	637.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	0.0	61.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	757.8M	775.9M	731.7M	907.7M	687.5M	627.7M	909.8M	716.2M	728M	724.9M	695.4M	637.2M	775.8M	642.9M	541.7M	603.2M	630.8M	696.4M	928M
Deferred Revenue	3.4B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	7.8B	-37.7M	5.3B	-70.3M	-907.7M	-735.9M	-681.1M	0.0	0.0	-251.9M	-724.9M	-226.8M	-637.2M	-775.8M	3.5B	-541.7M	-58.5M	3.3B	3.3B	-52.7M
Total Current Liabilities	11.2B	819.6M	6.1B	731.7M	55.1M	0.0	0.0	37.3M	344.8M	728M	930.1M	695.4M	1B	466.2M	4.5B	34.4M	603.2M	3.9B	4B	928M
NON-CURRENT LIABILITIES
Long Term Debt	1.2B	722.3M	783.2M	782.4M	781.6M	780.8M	653.4M	777.9M	786.9M	786.4M	803.1M	903.5M	903.9M	849.4M	911.1M	605.9M	433.9M	531.4M	511.9M	508.8M
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	97.3M	51.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	915.3M	10.9B	11.4B	10.2B	10.3B	-878.1M	-705.2M	8.7B	11.7B	9.8B	10.1B	9.3B	9.9B	0.0	8.6B	5.6B	4.6B	2.9B	6.3B	6.4B
Total Non-Current Liabilities	2.1B	11.6B	12.1B	10.9B	11.1B	0.0	0.0	9.4B	12.5B	10.6B	10.9B	10.2B	10.8B	849.4M	9.5B	6.2B	5.1B	3.4B	6.8B	6.9B
Other Liabilities	0.0	0.0	-6.1B	-10.2M	-55.1M	10.2B	9.6B	-37.3M	-344.8M	0.0	-930.1M	0.0	-1B	9.6B	-3.9B	-98.6M	0.0	0.0	-3.3B	0.0
Total Liabilities	13.4B	12.4B	12.1B	11.7B	11.1B	10.2B	9.6B	9.4B	12.5B	11.4B	10.9B	10.9B	10.8B	10.9B	10.1B	6.1B	5.7B	7.3B	7.5B	7.9B
SHAREHOLDERS' EQUITY
Treasury Stock	-2B	-1.9B	-1.9B	-1.9B	-1.8B	-1.7B	-1.5B	-983.5M	-942.5M	-928.2M	-847.1M	-752.4M	-762.9M	-729.7M	-723.1M	-720.1M	-620.4M	-482.2M	-450.7M	-487.8M
Common Stock	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K	600K
Additional Paid-In Capital	2B	2B	1.9B	1.9B	1.9B	1.9B	1.8B	1.9B	1.9B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B
Retained Earnings	3.7B	3.2B	2.9B	3B	3B	2.7B	2.4B	2.2B	2B	1.9B	1.8B	1.6B	1.3B	1.2B	1.2B	1.2B	1.1B	949.8M	946.9M	712M
Accumulated Other Comprehensive Income/Loss	-171.4M	-456.3M	-517.2M	-701.5M	122.2M	372.5M	152.6M	-116.5M	107.6M	62.8M	53.9M	206.4M	177.6M	325.8M	210.4M	136.7M	28.8M	-384.8M	-20.4M	-39.9M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-25.8M	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	3.6B	2.8B	2.5B	2.3B	3.1B	3.2B	2.9B	3B	3B	2.9B	2.8B	2.8B	2.6B	2.6B	2.5B	2.5B	2.4B	1.9B	2.3B	2B
Total Equity	3.6B	2.8B	2.5B	2.3B	3.1B	3.2B	2.9B	3B	3B	2.9B	2.8B	2.8B	2.6B	2.6B	2.5B	2.5B	2.4B	1.9B	2.3B	2B
SUMMARY
Total Liabilities & Equity	16.9B	15.3B	14.6B	14B	14.3B	13.4B	12.5B	12.4B	15.5B	14.2B	13.8B	13.8B	13.4B	13.5B	12.6B	8.6B	8B	9.2B	9.8B	9.9B
Total Investments	10.4B	9.4B	8.9B	8.5B	9.2B	8.8B	8B	12.8B	6.3B	7.9B	7.6B	8B	7.4B	7.3B	6.5B	4.9B	4.7B	4.3B	4.6B	5.6B
Total Debt	1.2B	784.1M	783.2M	782.4M	781.6M	780.8M	653.4M	777.9M	786.9M	786.4M	803.1M	903.5M	903.9M	849.4M	911.1M	605.9M	433.9M	531.4M	511.9M	508.8M
Net Debt	95.6M	348.6M	467.1M	477.4M	550.7M	660.2M	437.7M	-242.8M	410.5M	503.8M	464.3M	530.2M	417.7M	284.6M	90.7M	315.5M	117.4M	114.5M	236.5M	136.1M
Shares Outstanding	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964	35,583,964

SEC Filings

THG - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 13, 2026	May 12, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 26, 2026	May 12, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 20, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 04, 2026	February 03, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 16, 2025	December 16, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	October 30, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 29, 2025	October 29, 2025	2025	View Filing
8-K 8-K 2025 N/A	August 21, 2025	August 19, 2025	2025	View Filing

Showing 1 to 10 of 449 filings

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