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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)

Hanover Insurance's Gross Margin history spans 17 years, with the latest figure at 90.83% for Q4 2025.

  • For Q4 2025, Gross Margin rose 19681.0% year-over-year to 90.83%; the TTM value through Dec 2025 reached 78.21%, up 5082.0%, while the annual FY2025 figure was 89.49%, 4973.0% up from the prior year.
  • Gross Margin reached 90.83% in Q4 2025 per THG's latest filing, up from 89.53% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 235.17% in Q4 2022 to a low of 105.98% in Q4 2024.
  • Average Gross Margin over 5 years is 79.26%, with a median of 89.18% recorded in 2024.
  • Peak YoY movement for Gross Margin: crashed -19512bps in 2024, then soared 19681bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 206.74% in 2021, then rose by 14bps to 235.17% in 2022, then plummeted by -62bps to 89.14% in 2023, then plummeted by -219bps to 105.98% in 2024, then surged by 186bps to 90.83% in 2025.
  • Per Business Quant, the three most recent readings for THG's Gross Margin are 90.83% (Q4 2025), 89.53% (Q3 2025), and 88.95% (Q2 2025).