Hanover Insurance (THG) Gross Profit (2009 - 2026)

Hanover Insurance (THG) reported Gross Profit of $613.0 million for Q1 2026, down 57.37% on a YoY basis from $1.4 billion in Q1 2025, and down 58.84% quarter-over-quarter from $1.5 billion in Q4 2025.

Hanover Insurance (THG) Gross Profit (2009 - 2026) Analysis & Trends

Hanover Insurance has reported Gross Profit for 18 years, with the latest figure at $613.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit fell 57.37% year-over-year to $613.0 million; the trailing twelve-month figure through Mar 2026 stood at $4.1 billion (down 8.02% YoY), and the FY2025 full-year result was $5.9 billion, up 173.83% from the prior year.
  • Gross Profit for Q1 2026 stood at $613.0 million, down from $1.5 billion in the prior quarter.
  • The five-year high for Gross Profit was $4.1 billion in Q4 2023, with the low at $398.9 million in Q4 2024.
  • Historically, Gross Profit has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2023.
  • Annual changes were most pronounced in 2023 — Gross Profit surged 682.59% — and 2024, when it plunged 90.36%.
  • Hanover Insurance's Gross Profit stood at $529.0 million in 2022, then surged by 682.59% to $4.1 billion in 2023, then sank by 90.36% to $398.9 million in 2024, then jumped by 273.38% to $1.5 billion in 2025, then plunged by 58.84% to $613.0 million in 2026.
  • The last three Gross Profit figures came in at $613.0 million (Q1 2026), $1.5 billion (Q4 2025), and $623.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 613.00 Mn
Mar 31, 2026 613.00 Mn
Dec 31, 2025 1.49 Bn
Dec 31, 2025 1.49 Bn
Sep 30, 2025 623.60 Mn
Sep 30, 2025 623.60 Mn
Jun 30, 2025 1.37 Bn
Jun 30, 2025 1.37 Bn
Mar 31, 2025 1.44 Bn
Mar 31, 2025 1.44 Bn
Dec 31, 2024 398.90 Mn
Dec 31, 2024 398.90 Mn
Sep 30, 2024 1.31 Bn
Sep 30, 2024 1.31 Bn
Jun 30, 2024 1.31 Bn
Jun 30, 2024 1.31 Bn
Mar 31, 2024 513.40 Mn
Mar 31, 2024 513.40 Mn
Dec 31, 2023 4.14 Bn
Dec 31, 2023 4.14 Bn