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| Date | Value |
|---|---|
| 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 |