Hanover Insurance (THG) FCF Margin (2010 - 2026)
Hanover Insurance's FCF Margin came in at 12.13% for Q2 2026, down 0.24 percentage points from 12.37% a year earlier but up 5.36 percentage points from the prior quarter.
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Analysis
Hanover Insurance (THG) FCF Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hanover Insurance reported FCF Margin of 18.45%, up 5.40 percentage points year-over-year; for FY2025, it was 17.63%, up 5.01 percentage points from FY2024.
- FCF Margin carries a five-year change of +3.27 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 12.61% in FY2024 (+6.81 pp), 5.80% in FY2023 (-7.08 pp), 12.88% in FY2022 (-2.72 pp) and 15.60% in FY2021 (+1.25 pp).
- The five-year range for quarterly FCF Margin is 0.26% (Q2 2022) to 32.94% (Q3 2025).
- Year-over-year, FCF Margin increased in six of the last eight quarters, with an average year-over-year change of +5.17 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2024 (a gain of 10.30 percentage points), and the weakest in Q1 2023 (a drop of 13.50 percentage points).
- Business Quant data shows THG's FCF Margin at 6.77% (Q1 2026), 22.33% (Q4 2025) and 32.94% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 5.47% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 23.58% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 14.69% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 19.60% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 15.77% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 20.72% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 11.63% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | -1.02% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 13.93% |
| 10 | Hanover Insurance | 7.57 Bn | 4.27 Bn | 763.70 Mn | 12.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.13% |
| Mar 31, 2026 | 6.77% |
| Dec 31, 2025 | 22.33% |
| Sep 30, 2025 | 32.94% |
| Jun 30, 2025 | 12.37% |
| Mar 31, 2025 | 2.29% |
| Dec 31, 2024 | 13.00% |
| Sep 30, 2024 | 24.87% |
| Jun 30, 2024 | 8.74% |
| Mar 31, 2024 | 3.62% |
| Dec 31, 2023 | 5.92% |
| Sep 30, 2023 | 14.57% |
| Jun 30, 2023 | 1.52% |
| Mar 31, 2023 | 1.00% |
| Dec 31, 2022 | 14.52% |
| Sep 30, 2022 | 22.05% |
| Jun 30, 2022 | 0.26% |
| Mar 31, 2022 | 14.50% |
| Dec 31, 2021 | 16.39% |
| Sep 30, 2021 | 22.30% |
API Access
Hanover Insurance FCF Margin 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=fcf-margin&ticker=THG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();