The Hanover Insurance Group, Inc.

The Hanover Insurance Group, Inc.

THGยทNYSE

$186.35

+0.61%
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.

At a Glance

Live Snapshot
Market Cap$6.52B
EPS18.5100
P/E Ratio10.07
Earnings Date07/29/2026
3Y+63.0%
5Y+66.0%
10Y+58.0%
3Y+31.0%
5Y+9.0%
10Y+34.0%
3Y-225.0%
5Y-190.0%
10Y-158.0%
THG

The Hanover Insurance Group, Inc. Cash Conversion Engine

THG ยท NYSE
Net Income662.50M
Depreciation & Amortization-4.60M
Stock-Based Compensation0.00
Change in Working Capital417.40M
Others102.80M
Capital Expenditures-7.70M
Free Cash Flow1.17B

Cash Flow Quality Analysis

FCF Conversion Rate

176.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

0.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+47.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$417.40M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

The Hanover Insurance Group, Inc. Cash Flow Statement

THG โ€ข NYSE

The Hanover Insurance Group, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
662.5M
426M
35.3M
116M
420M
358.7M
425.1M
391M
186.2M
155.1M
331.5M
282M
251M
46.1M
31.5M
153.2M
197.2M
20.6M
253.1M
170.3M
-4.6M
1.5M
6.3M
12.9M
16.9M
18.2M
21.6M
24.6M
30.1M
30.7M
30.2M
33.5M
35M
35.6M
26.7M
16.7M
11.8M
15.1M
18.9M
21.4M
0.0
-18.8M
-24.6M
-46.5M
25M
-23M
12.5M
-23.4M
39.8M
-13.2M
53.1M
68.6M
74.9M
-43M
-9.2M
52M
31.9M
53.7M
88.4M
65M
0.0
31M
31.1M
29M
22.9M
20.1M
17.4M
13.4M
12.3M
12M
12.3M
15.1M
12.4M
12.8M
12M
11.3M
11.7M
11.6M
15.5M
0.0
102.8M
145.8M
41.5M
49.6M
-281.1M
-17.6M
-111.1M
-102.6M
-37.4M
95.9M
-36.1M
-15.5M
-17.5M
-2.6M
-5.6M
-17.7M
-24.9M
167.6M
-10.2M
157.6M
(0.0)
(149M)
(0.0)
(107.8M)
(74M)
(97M)
(113.7M)
(57M)
(51.1M)
(29.7M)
(56.9M)
(8.4M)
(9.5M)
(0.0)
(3M)
(11.3M)
(47.9M)
(36.5M)
(61.4M)
(0.0)
417.4M
220.9M
272.1M
561.3M
620M
351.2M
237.4M
248.3M
473.6M
462.9M
53.7M
181M
28.1M
359.3M
166.3M
-131.9M
-136.1M
-59.1M
-292.4M
-372.5M
1.2B
806.4M
361.7M
722.3M
823.7M
707.6M
602.9M
551.3M
704.6M
743.4M
444.7M
564.7M
383.9M
408.2M
221.7M
83.6M
91.6M
209.5M
73.3M
41.8M
INVESTING ACTIVITIES
-7.7M
-10.2M
-11.9M
-17.8M
-8M
-14.9M
-13.3M
-13.1M
-18.6M
-15.7M
-19.5M
-11.2M
-22.9M
-21.3M
-1.7B
-10.9M
-10.4M
-9.5M
-9.5M
-8.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(34.7M)
(635.7M)
(0.0)
(0.0)
(44.3M)
(0.0)
(0.0)
(5.2M)
(287.7M)
-13.3M
-24.1M
-99.8M
-4.2M
(50.9M)
-78.4M
-3.3B
-1.1B
-2.1B
-2.3B
-2.1B
-1.9B
-1.6B
-1.9B
-2.4B
-2.2B
-2.1B
-1.9B
-2.4B
-1.8B
-184.9M
-2.4B
-1B
-1.3B
-1.9B
101.4M
2.8B
914M
1.6B
1.9B
1.5B
1.6B
1.3B
1.4B
1.9B
2B
1.5B
1.6B
1.9B
1.7B
1.5B
2.2B
1.3B
1.2B
2B
-681.5M
-600K
0.0
0.0
0.0
0.0
0.0
0.0
-9.5M
12.1M
-1.1M
2M
0.0
0.0
0.0
3M
108.3M
-226.7M
-481.4M
-399M
-666.2M
-541.5M
-228.5M
-507.6M
-460.2M
-608.8M
-311.9M
(271.3M)
-506.3M
-495.4M
-171.5M
-600.7M
-358.7M
-562.8M
(182.8M)
-98.8M
-42.6M
(141.4M)
-72.3M
(97.9M)
FINANCING ACTIVITIES
-113.8M
-26.7M
0.0
-30.8M
-162.6M
-212.8M
-563.6M
-57.7M
-37.2M
-105.6M
-127.3M
-20.4M
-78.2M
-20M
-21.7M
-134.7M
-148.1M
-58.5M
-1.6M
44.8M
433.2M
0.0
0.0
0.0
0.0
120.6M
-151.1M
-11.6M
0.0
-104.7M
-114.3M
-700K
28.7M
-65.7M
238.6M
161.3M
52.2M
-50.6M
-101M
-19.6M
-130.6M
-124.1M
-117.2M
-108.9M
-102.2M
-99.5M
-386.2M
-94.3M
-86.8M
-80.4M
-74.2M
-67M
-60M
-55.1M
-50.9M
-47.2M
-37.5M
-23M
-20.8M
-15.4M
-129.2M
-26.7M
(0.0)
-30.8M
-162.6M
-212.8M
-563.6M
-57.7M
-37.2M
-105.6M
-127.3M
-20.4M
-78.2M
-20M
-21.7M
-134.7M
-148.1M
-58.5M
-1.6M
-200.2M
-13.6M
5.3M
-4.9M
-900K
11.6M
-2.2M
1.6M
-7.4M
12.3M
-10.1M
14.8M
16.4M
4M
7.4M
-38.7M
12M
3.2M
-12.5M
25.1M
-478.3M
175.2M
-145.5M
-122.1M
-140.6M
-253.2M
-193.9M
-1.1B
-171M
-111.7M
-300.8M
-301M
-71.7M
-105.5M
-133.4M
127.3M
-8.6M
-130.2M
-144.6M
-98.3M
-468.5M
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
0.0
3.3M
-4M
7.2M
-3.4M
-6.7M
-5.2M
1.6M
32.1M
-3.9M
-2.3M
131.6M
-47.8M
0.0
0.0
687.2M
119.4M
11.1M
74.1M
110.3M
-95.1M
-805M
722.8M
150.6M
-56.2M
-34.5M
-112.9M
-78.6M
-255.6M
530M
-26.1M
-81.2M
187.1M
-97.3M
-328.8M
435.5M
316.1M
305M
230.9M
120.6M
215.7M
1B
297.9M
147.3M
338.8M
373.3M
486.2M
564.8M
820.4M
290.4M
316.5M
397.7M
210.6M
316.2M
701.5M
1.1B
435.5M
316.1M
305M
230.9M
120.6M
215.7M
1B
297.9M
282.6M
338.8M
373.3M
486.2M
564.8M
820.4M
290.4M
316.5M
397.7M
210.6M
372.7M
1.2B
796.2M
349.8M
704.5M
815.7M
692.7M
589.6M
538.2M
686M
721.9M
418.9M
553.5M
361M
386.9M
205.2M
72.7M
81.2M
200M
63.8M
33M

SEC Filings

THG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 13, 2026
May 12, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 26, 2026
May 12, 2026
2026
10-K

10-K 2025 FY

FY

February 20, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 04, 2026
February 03, 2026
2026
8-K

8-K 2025

N/A

December 16, 2025
December 16, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
8-K

8-K 2025

N/A

August 21, 2025
August 19, 2025
2025
Showing 1 to 10 of 449 filings