Hanover Insurance (THG) FCF Margin (2010 - 2026)
Hanover Insurance (THG) reported FCF Margin of 7.34% for Q1 2026, up 503.0% on a YoY basis from 1.22% in Q1 2025, and down 67.45% quarter-over-quarter from 22.55% in Q4 2025.
Hanover Insurance (THG) FCF Margin (2010 - 2026) Analysis & Trends
Hanover Insurance has reported FCF Margin for 17 years, with the latest figure at 7.34% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 503.0% year-over-year to 7.34%; the trailing twelve-month figure through Mar 2026 stood at 19.7% (up 633.0% YoY), and the FY2025 full-year result was 17.75%, up 428.0% from the prior year.
- FCF Margin for Q1 2026 stood at 7.34%, down from 22.55% in the prior quarter.
- The five-year high for FCF Margin was 35.56% in Q3 2025, with the low at 0.28% in Q2 2022.
- Historically, FCF Margin has averaged 12.49% across 5 years, with a median of 12.32% in 2022.
- Annual changes were most pronounced in 2023 — FCF Margin sank 1439 bps — and 2024, when it surged 1102 bps.
- Hanover Insurance's FCF Margin stood at 12.32% in 2022, then plunged by 52 bps to 5.92% in 2023, then jumped by 182 bps to 16.71% in 2024, then jumped by 35 bps to 22.55% in 2025, then sank by 67 bps to 7.34% in 2026.
- The last three FCF Margin figures came in at 7.34% (Q1 2026), 22.55% (Q4 2025), and 35.56% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 26.72% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 19.40% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 18.33% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 20.79% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 18.85% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 25.12% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -0.88% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | -15.38% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 6.92% |
| 10 | Hanover Insurance | 6.80 Bn | 6.37 Bn | 613.00 Mn | 7.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.34% |
| Dec 31, 2025 | 22.55% |
| Sep 30, 2025 | 35.56% |
| Jun 30, 2025 | 13.26% |
| Mar 31, 2025 | 2.31% |
| Dec 31, 2024 | 16.71% |
| Sep 30, 2024 | 26.52% |
| Jun 30, 2024 | 9.32% |
| Mar 31, 2024 | 3.87% |
| Dec 31, 2023 | 5.92% |
| Sep 30, 2023 | 15.50% |
| Jun 30, 2023 | 1.62% |
| Mar 31, 2023 | 1.06% |
| Dec 31, 2022 | 12.32% |
| Sep 30, 2022 | 22.77% |
| Jun 30, 2022 | 0.28% |
| Mar 31, 2022 | 15.45% |
| Dec 31, 2021 | 13.29% |
| Sep 30, 2021 | 22.30% |
| Jun 30, 2021 | 14.06% |