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

Hanover Insurance (THG) reported EBT Margin of 15.1% for Q1 2026, up 511.0% on a YoY basis from 2.47% in Q1 2025, and down 2.1% quarter-over-quarter from 15.42% in Q4 2025.

Hanover Insurance (THG) EBT Margin (2009 - 2026) Analysis & Trends

Hanover Insurance has reported EBT Margin for 18 years, with the latest figure at 15.1% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 511.0% year-over-year to 15.1%; the trailing twelve-month figure through Mar 2026 stood at 14.53% (up 502.0% YoY), and the FY2025 full-year result was 12.8%, up 370.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 15.1%, down from 15.42% in the prior quarter.
  • The five-year high for EBT Margin was 16.79% in Q4 2024, with the low at 6.42% in Q2 2023.
  • Historically, EBT Margin has averaged 7.1% across 5 years, with a median of 9.82% in 2023.
  • Annual changes were most pronounced in 2022 — EBT Margin plunged 1298 bps — and 2024, when it jumped 1130 bps.
  • Hanover Insurance's EBT Margin stood at 0.93% in 2022, then soared by 1156 bps to 9.82% in 2023, then surged by 71 bps to 16.79% in 2024, then slipped by 8 bps to 15.42% in 2025, then retreated by 2 bps to 15.1% in 2026.
  • The last three EBT Margin figures came in at 15.1% (Q1 2026), 15.42% (Q4 2025), and 14.64% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 20.26%
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 16.07%
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 17.77%
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 18.35%
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 16.69%
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 12.52%
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -7.60%
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 53.96%
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 12.06%
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn 15.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.10%
Dec 31, 2025 15.42%
Sep 30, 2025 14.64%
Jun 30, 2025 12.86%
Mar 31, 2025 9.99%
Dec 31, 2024 16.79%
Sep 30, 2024 8.77%
Jun 30, 2024 3.48%
Mar 31, 2024 10.03%
Dec 31, 2023 9.82%
Sep 30, 2023 -0.06%
Jun 30, 2023 -6.42%
Mar 31, 2023 -1.27%
Dec 31, 2022 -0.93%
Sep 30, 2022 0.04%
Jun 30, 2022 2.18%
Mar 31, 2022 10.29%
Dec 31, 2021 12.05%
Sep 30, 2021 3.33%
Jun 30, 2021 13.55%