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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 - 2026)

Hanover Insurance filings provide 18 years of Gross Margin readings, the most recent being 39.03% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 5065.0% to 39.03% in Q1 2026 year-over-year; TTM through Mar 2026 was 64.69%, a 1197.0% decrease, with the full-year FY2025 number at 89.49%, up 5304.0% from a year prior.
  • Gross Margin hit 39.03% in Q1 2026 for Hanover Insurance, down from 89.09% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 270.79% in Q4 2023 to a low of 31.67% in Q4 2024.
  • Median Gross Margin over the past 5 years was 88.83% (2024), compared with a mean of 77.99%.
  • Biggest five-year swings in Gross Margin: surged 23731bps in 2023 and later plummeted -23912bps in 2024.
  • Hanover Insurance's Gross Margin stood at 33.49% in 2022, then skyrocketed by 709bps to 270.79% in 2023, then crashed by -88bps to 31.67% in 2024, then surged by 181bps to 89.09% in 2025, then crashed by -56bps to 39.03% in 2026.
  • The last three reported values for Gross Margin were 39.03% (Q1 2026), 89.09% (Q4 2025), and 40.21% (Q3 2025) per Business Quant data.