Hanover Insurance (THG) EV to CFO (2010 - 2026)
Hanover Insurance's EV to CFO came in at 5.53 for Q2 2026, down 16.6% from 6.63 a year earlier but up 23.5% from the prior quarter.
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Analysis
Hanover Insurance (THG) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hanover Insurance reported EV to CFO of 3.28, down 30.2% year-over-year; for FY2025, it came in at 4.34, down 29.4% from FY2024.
- Going back by year, EV to CFO was 6.15 in FY2024 (-43.0%), 10.79 in FY2023 (+82.7%), 5.90 in FY2022 (+29.4%) and 4.56 in FY2021 (-8.7%).
- The five-year range for quarterly EV to CFO is 4.34 (Q4 2025) to 11.17 (Q1 2024).
- Year-over-year, EV to CFO has declined for eight consecutive quarters, with an average decline of 26.2% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q4 2023 (growth of 82.7%), and the weakest in Q4 2024 (a decline of 43.0%).
- Business Quant data shows THG's EV to CFO at 4.48 (Q1 2026), 4.34 (Q4 2025) and 5.29 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn |
| 10 | Hanover Insurance | 7.57 Bn | 4.27 Bn | 763.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.53 |
| Mar 31, 2026 | 4.48 |
| Dec 31, 2025 | 4.34 |
| Sep 30, 2025 | 5.29 |
| Jun 30, 2025 | 6.63 |
| Mar 31, 2025 | 7.34 |
| Dec 31, 2024 | 6.15 |
| Sep 30, 2024 | 6.94 |
| Jun 30, 2024 | 7.83 |
| Mar 31, 2024 | 11.17 |
| Dec 31, 2023 | 10.79 |
| Sep 30, 2023 | 7.60 |
| Jun 30, 2023 | 6.53 |
| Mar 31, 2023 | 7.73 |
| Dec 31, 2022 | 5.90 |
| Sep 30, 2022 | 5.31 |
| Jun 30, 2022 | 6.41 |
| Mar 31, 2022 | 5.04 |
| Dec 31, 2021 | 4.56 |
| Sep 30, 2021 | 5.06 |
API Access
Hanover Insurance EV to CFO 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=ev-to-cfo&ticker=THG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();