Hanover Insurance (THG) FCF Margin (2010 - 2026)

Hanover Insurance (THG) posted FCF Margin of 7.34% for Q1 2026, down 67.45% quarter-over-quarter from 22.55% in Q4 2025, and up 503.0% year-on-year from 1.22% in Q1 2025.

Hanover Insurance (THG) FCF Margin (2010 - 2026) Analysis & Trends

Hanover Insurance (THG) has reported FCF Margin for 17 consecutive years, with 7.34% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 7.34%, up 503.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.7% (up 633.0% YoY), and the FY2025 annual result was 17.75%, up 428.0% from the prior year.
  • FCF Margin was 7.34% for Q1 2026 at Hanover Insurance, down from 22.55% in the prior quarter.
  • Over five years, FCF Margin peaked at 35.56% in Q3 2025 and troughed at 0.28% in Q2 2022.
  • Average FCF Margin over 5 years is 12.49%, with a median of 12.32% recorded in 2022.
  • Year-over-year, FCF Margin tumbled 1439 bps in 2023 and jumped 1102 bps in 2024.
  • Over 5 years, FCF Margin stood at 12.32% in 2022, then tumbled 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 plunged by 67 bps to 7.34% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 7.34% in Q1 2026, 22.55% in Q4 2025, and 35.56% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -0.88%
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 19.40%
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 26.72%
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 25.12%
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 18.33%
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 20.79%
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn -15.38%
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 15.49%
10 Hanover Insurance 130.06 Mn -301.64 Mn 613.00 Mn 7.34%

Historic Data

Download Data
DateValue
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%