Hanover Insurance (THG) EBT Margin (2009 - 2026)
Hanover Insurance's (THG) quarterly EBT Margin came in at 14.17% in Q2 2026, up 217.0% YoY from 4.47% in Q2 2025, and up 1.82% on a QoQ basis from 13.92% in Q1 2026.
Hanover Insurance (THG) EBT Margin (2009 - 2026) Analysis & Trends
Hanover Insurance (THG) has 18 years of EBT Margin data on file, last reported at 14.17% in Q2 2026.
- Quarterly EBT Margin rose 217.0% year-over-year to 14.17% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.23% (up 342.0% YoY) and the FY2025 annual result came in at 12.71%, up 419.0% from the prior year.
- EBT Margin climbed to 14.17% in Q2 2026, from 13.92% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 15.27% in Q4 2025 to a low of 6.02% in Q2 2023.
- A 5-year average of 7.0% and a median of 9.51% in 2022 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin tumbled 1595 bps — and 2023, when it soared 1092 bps.
- Tracing THG's EBT Margin over 5 years: stood at 1.1% in 2022, then jumped by 995 bps to 9.82% in 2023, then jumped by 33 bps to 13.07% in 2024, then rose by 17 bps to 15.27% in 2025, then dropped by 7 bps to 14.17% in 2026.
- The last three EBT Margin figures came in at 14.17% (Q2 2026), 13.92% (Q1 2026), and 15.27% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.94 Bn | 121.18 Bn | 9.13 Bn | 22.91% |
| 2 | Progressive | 124.72 Bn | 119.71 Bn | 9.04 Bn | 17.83% |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn | 25.73% |
| 4 | Allstate | 67.68 Bn | 28.95 Bn | 16.28 Bn | 22.27% |
| 5 | Fairfax Financial Holdings | 35.33 Bn | 35.33 Bn | - | - |
| 6 | Cincinnati Financial | 26.77 Bn | 24.88 Bn | 2.39 Bn | 36.87% |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn | 12.93% |
| 8 | Markel | 23.25 Bn | 6.37 Bn | 2.83 Bn | 37.78% |
| 9 | Assurant | 14.12 Bn | 12.08 Bn | 2.71 Bn | 10.91% |
| 10 | Hanover Insurance | 7.87 Bn | 1.64 Bn | 763.70 Mn | 14.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.17% |
| Mar 31, 2026 | 13.92% |
| Dec 31, 2025 | 15.27% |
| Sep 30, 2025 | 13.57% |
| Jun 30, 2025 | 12.00% |
| Mar 31, 2025 | 9.88% |
| Dec 31, 2024 | 13.07% |
| Sep 30, 2024 | 8.22% |
| Jun 30, 2024 | 3.27% |
| Mar 31, 2024 | 9.37% |
| Dec 31, 2023 | 9.82% |
| Sep 30, 2023 | -0.06% |
| Jun 30, 2023 | -6.02% |
| Mar 31, 2023 | -1.19% |
| Dec 31, 2022 | -1.10% |
| Sep 30, 2022 | 0.04% |
| Jun 30, 2022 | 2.06% |
| Mar 31, 2022 | 9.65% |
| Dec 31, 2021 | 14.86% |
| Sep 30, 2021 | 3.33% |