Hanover Insurance (THG) Gross Margin (2016 - 2025)
Hanover Insurance (THG) has disclosed Gross Margin for 17 consecutive years, with 88.95% as the latest value for Q2 2025.
- For the quarter ending Q2 2025, Gross Margin fell 27.0% year-over-year to 88.95%, compared with a TTM value of 38.04% through Jun 2025, up 2461.0%, and an annual FY2024 reading of 36.45%, up 946.0% over the prior year.
- Gross Margin was 88.95% for Q2 2025 at Hanover Insurance, down from 89.68% in the prior quarter.
- Across five years, Gross Margin topped out at 150.31% in Q4 2021 and bottomed at 125.35% in Q4 2024.
- Average Gross Margin over 5 years is 47.76%, with a median of 88.48% recorded in 2021.
- The sharpest move saw Gross Margin tumbled -18566bps in 2022, then surged 19275bps in 2024.
- Year by year, Gross Margin stood at 150.31% in 2021, then crashed by -124bps to 35.35% in 2022, then skyrocketed by 181bps to 28.67% in 2023, then tumbled by -537bps to 125.35% in 2024, then skyrocketed by 171bps to 88.95% in 2025.
- Business Quant data shows Gross Margin for THG at 88.95% in Q2 2025, 89.68% in Q1 2025, and 125.35% in Q4 2024.