Hanover Insurance (THG) EV to FCF (2010 - 2026)
Hanover Insurance's (THG) EV to FCF was 5.58 for Q2 2026, down 16.8% from 6.70 a year earlier but up 23.6% from the prior quarter.
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Analysis
Hanover Insurance (THG) EV to FCF (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hanover Insurance's EV to FCF came in at 3.31, down 30.3% year-over-year; for FY2025, it came in at 4.37, down 29.9% from FY2024.
- By year, EV to FCF came in at 6.23 in FY2024 (-44.1%), 11.16 in FY2023 (+84.3%), 6.05 in FY2022 (+31.4%) and 4.61 in FY2021 (-9.7%).
- Five-year quarterly EV to FCF spans a low of 4.37 in Q4 2025 and a high of 11.48 in Q1 2024.
- Year over year, EV to FCF has now declined in each of the last eight quarters, with an average decline of 26.9% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q4 2023 (growth of 84.3%); the low point was Q4 2024 (a decline of 44.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.51 (Q1 2026), 4.37 (Q4 2025) and 5.34 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - |
| 10 | Hanover Insurance | 7.46 Bn | 4.15 Bn | 763.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.58 |
| Mar 31, 2026 | 4.51 |
| Dec 31, 2025 | 4.37 |
| Sep 30, 2025 | 5.34 |
| Jun 30, 2025 | 6.70 |
| Mar 31, 2025 | 7.43 |
| Dec 31, 2024 | 6.23 |
| Sep 30, 2024 | 7.04 |
| Jun 30, 2024 | 7.98 |
| Mar 31, 2024 | 11.48 |
| Dec 31, 2023 | 11.16 |
| Sep 30, 2023 | 7.82 |
| Jun 30, 2023 | 6.70 |
| Mar 31, 2023 | 7.97 |
| Dec 31, 2022 | 6.05 |
| Sep 30, 2022 | 5.43 |
| Jun 30, 2022 | 6.54 |
| Mar 31, 2022 | 5.10 |
| Dec 31, 2021 | 4.61 |
| Sep 30, 2021 | 5.11 |
API Access
Hanover Insurance EV to FCF 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-fcf&ticker=THG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();