Hanover Insurance (THG) Net Margin (2009 - 2026)
Hanover Insurance (THG) reported Net Margin of 0.02% for Q1 2026, up 3.0% on a YoY basis from 0.02% in Q1 2025, and down 70.97% quarter-over-quarter from 0.07% in Q4 2025.
Hanover Insurance (THG) Net Margin (2009 - 2026) Analysis & Trends
Hanover Insurance has reported Net Margin for 18 years, with the latest figure at 0.02% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 3.0% year-over-year to 0.02%; the trailing twelve-month figure through Mar 2026 stood at 0.03% (up 2.0% YoY), and the FY2025 full-year result was 0.02%, up 1.0% from the prior year.
- Net Margin for Q1 2026 stood at 0.02%, down from 0.07% in the prior quarter.
- The five-year high for Net Margin was 0.1% in Q4 2023, with the low at 0.09% in Q4 2022.
- Historically, Net Margin has averaged 0.02% across 5 years, with a median of 0.01% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 51 bps — and 2023, when it climbed 20 bps.
- Hanover Insurance's Net Margin stood at 0.09% in 2022, then jumped by 210 bps to 0.1% in 2023, then sank by 70 bps to 0.03% in 2024, then surged by 107 bps to 0.07% in 2025, then slumped by 71 bps to 0.02% in 2026.
- The last three Net Margin figures came in at 0.02% (Q1 2026), 0.07% (Q4 2025), and 0.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 15.89% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 12.70% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 14.35% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 14.33% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 13.97% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 10.52% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -5.76% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 41.26% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 9.85% |
| 10 | Hanover Insurance | 6.80 Bn | 6.37 Bn | 613.00 Mn | 0.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.02% |
| Dec 31, 2025 | 0.07% |
| Sep 30, 2025 | 0.01% |
| Jun 30, 2025 | 0.01% |
| Mar 31, 2025 | -0.01% |
| Dec 31, 2024 | 0.03% |
| Jun 30, 2024 | 0.01% |
| Mar 31, 2024 | 0.01% |
| Dec 31, 2023 | 0.10% |
| Jun 30, 2023 | 0.06% |
| Dec 31, 2022 | -0.09% |
| Sep 30, 2022 | 0.02% |
| Jun 30, 2022 | 0.01% |
| Mar 31, 2022 | 0.01% |
| Dec 31, 2021 | 0.42% |
| Sep 30, 2021 | -0.06% |
| Jun 30, 2021 | -0.09% |
| Mar 31, 2021 | -0.01% |
| Dec 31, 2020 | 0.05% |
| Sep 30, 2020 | 0.01% |