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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Hanover Insurance (THG) Gross Margin (2016 - 2025)

Historic Gross Margin for Hanover Insurance (THG) over the last 17 years, with Q3 2025 value amounting to 44.32%.

  • Hanover Insurance's Gross Margin rose 52700.0% to 44.32% in Q3 2025 from the same period last year, while for Sep 2025 it was 43.13%, marking a year-over-year increase of 48100.0%. This contributed to the annual value of 39.76% for FY2024, which is 87400.0% up from last year.
  • Latest data reveals that Hanover Insurance reported Gross Margin of 44.32% as of Q3 2025, which was up 52700.0% from 42.14% recorded in Q2 2025.
  • In the past 5 years, Hanover Insurance's Gross Margin registered a high of 45.68% during Q4 2024, and its lowest value of 24.23% during Q2 2023.
  • Over the past 5 years, Hanover Insurance's median Gross Margin value was 39.06% (recorded in 2021), while the average stood at 37.11%.
  • Per our database at Business Quant, Hanover Insurance's Gross Margin plummeted by -156500bps in 2022 and then surged by 111600bps in 2023.
  • Quarter analysis of 5 years shows Hanover Insurance's Gross Margin stood at 44.59% in 2021, then crashed by -35bps to 28.94% in 2022, then skyrocketed by 39bps to 40.1% in 2023, then rose by 14bps to 45.68% in 2024, then dropped by -3bps to 44.32% in 2025.
  • Its Gross Margin was 44.32% in Q3 2025, compared to 42.14% in Q2 2025 and 40.41% in Q1 2025.