Hanover Insurance (THG) Net Margin (2009 - 2026)
Hanover Insurance's (THG) quarterly Net Margin came in at 0.01% in Q2 2026, little changed YoY from 0.01% in Q2 2025, and down 34.2% on a QoQ basis from 0.02% in Q1 2026.
Analysis
Hanover Insurance (THG) Net Margin (2009 - 2026) Analysis & Trends
Hanover Insurance (THG) has 18 years of Net Margin data on file, last reported at 0.01% in Q2 2026.
- Quarterly Net Margin changed 0.0% year-over-year to 0.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.03% (up 1.0% YoY) and the FY2025 annual result came in at 0.02%, up 1.0% from the prior year.
- Net Margin declined to 0.01% in Q2 2026, from 0.02% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 0.07% in Q4 2025 to a low of 0.11% in Q4 2022.
- A 5-year average of 0.01% and a median of 0.02% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin sank 63 bps — and 2023, when it rose 14 bps.
- Tracing THG's Net Margin over 5 years: stood at 0.11% in 2022, then soared by 123 bps to 0.03% in 2023, then surged by 42 bps to 0.04% in 2024, then jumped by 92 bps to 0.07% in 2025, then slumped by 84 bps to 0.01% in 2026.
- The last three Net Margin figures came in at 0.01% (Q2 2026), 0.02% (Q1 2026), and 0.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 133.19 Bn | 119.42 Bn | 9.13 Bn | 18.22% |
| 2 | Progressive | 131.38 Bn | 126.38 Bn | 9.04 Bn | 14.02% |
| 3 | Travelers Companies | 78.15 Bn | 54.40 Bn | 6.23 Bn | 18.17% |
| 4 | Allstate | 67.34 Bn | 28.60 Bn | 16.28 Bn | 17.43% |
| 5 | Fairfax Financial Holdings | 49.72 Bn | 54.44 Bn | - | - |
| 6 | Cincinnati Financial | 26.82 Bn | 24.93 Bn | 2.39 Bn | 29.36% |
| 7 | Markel | 23.11 Bn | 6.23 Bn | 2.83 Bn | 29.09% |
| 8 | Loews | 22.59 Bn | 290.59 Mn | 2.57 Bn | 9.95% |
| 9 | Assurant | 14.24 Bn | 12.21 Bn | 2.71 Bn | 8.64% |
| 10 | Hanover Insurance | 8.07 Bn | 1.83 Bn | 763.70 Mn | 11.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.00% |
| Mar 31, 2026 | 10.91% |
| Dec 31, 2025 | 11.74% |
| Sep 30, 2025 | 10.68% |
| Jun 30, 2025 | 9.21% |
| Mar 31, 2025 | 7.93% |
| Dec 31, 2024 | 10.09% |
| Sep 30, 2024 | 5.89% |
| Jun 30, 2024 | 2.19% |
| Mar 31, 2024 | 7.47% |
| Dec 31, 2023 | 5.41% |
| Sep 30, 2023 | 0.56% |
| Jun 30, 2023 | -4.59% |
| Mar 31, 2023 | -1.57% |
| Dec 31, 2022 | -1.30% |
| Sep 30, 2022 | -0.86% |
| Jun 30, 2022 | -0.07% |
| Mar 31, 2022 | 7.38% |
| Dec 31, 2021 | 11.73% |
| Sep 30, 2021 | 2.49% |