Hanover Insurance (THG) EBIT Margin (2009 - 2026)
Hanover Insurance (THG) posted EBIT Margin of -41.59% for Q2 2026, up 4.03 percentage points from -45.62% a year earlier and up 0.57 percentage points from the prior quarter.
Hanover Insurance (THG) EBIT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT Margin at Hanover Insurance was -40.37%, up 5.34 percentage points year-over-year; for FY2025, it was -42.76%, up 7.04 percentage points from FY2024.
- Annual EBIT Margin shows a five-year change of +6.99 percentage points (FY2020 to FY2025).
- In prior years, Hanover Insurance's EBIT Margin was -49.80% in FY2024 (+17.59 pp), -67.39% in FY2023 (-3.77 pp), -63.63% in FY2022 (-13.64 pp) and -49.98% in FY2021 (-0.23 pp).
- Quarterly EBIT Margin has run from a low of -89.87% in Q4 2022 to a high of -36.43% in Q4 2025 over five years.
- On a year-over-year basis, EBIT Margin has increased in each of the last 11 quarters, with an average year-over-year change of +8.44 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q4 2023, with a gain of 39.86 percentage points; the weakest was Q4 2022, with a drop of 49.31 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was -42.16% (Q1 2026), -36.43% (Q4 2025) and -41.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | -29.67% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | -19.39% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | -43.89% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 25.65% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | -25.96% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 11.89% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | -53.77% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 14.54% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | -30.76% |
| 10 | Hanover Insurance | 7.57 Bn | 4.27 Bn | 763.70 Mn | -41.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.59% |
| Mar 31, 2026 | -42.16% |
| Dec 31, 2025 | -36.43% |
| Sep 30, 2025 | -41.28% |
| Jun 30, 2025 | -45.62% |
| Mar 31, 2025 | -47.96% |
| Dec 31, 2024 | -37.97% |
| Sep 30, 2024 | -51.46% |
| Jun 30, 2024 | -58.67% |
| Mar 31, 2024 | -50.93% |
| Dec 31, 2023 | -50.01% |
| Sep 30, 2023 | -69.37% |
| Jun 30, 2023 | -81.47% |
| Mar 31, 2023 | -68.99% |
| Dec 31, 2022 | -89.87% |
| Sep 30, 2022 | -63.36% |
| Jun 30, 2022 | -53.94% |
| Mar 31, 2022 | -47.65% |
| Dec 31, 2021 | -40.55% |
| Sep 30, 2021 | -62.87% |
Hanover Insurance EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=THG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "THG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();