Hanover Insurance THG
NYSE THG
$217.81 -0.15 (-0.07%)
As of: Sep 30, 2026 · 10:16 AM EDT

Hanover Insurance (THG) EBIT Margin (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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