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Hanover Insurance (THG) Operating Expenses (2016 - 2025)

Hanover Insurance's Operating Expenses history spans 17 years, with the latest figure at -$4.3 billion for Q4 2025.

  • For Q4 2025, Operating Expenses fell 414.78% year-over-year to -$4.3 billion; the TTM value through Dec 2025 reached $15.3 million, down 99.73%, while the annual FY2025 figure was $15.3 million, 99.73% down from the prior year.
  • Operating Expenses reached -$4.3 billion in Q4 2025 per THG's latest filing, down from $1.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q2 2023 to a low of -$4.3 billion in Q4 2025.
  • Average Operating Expenses over 5 years is $850.1 million, with a median of $1.4 billion recorded in 2023.
  • Peak YoY movement for Operating Expenses: soared 142.4% in 2022, then tumbled 414.78% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$3.5 billion in 2021, then skyrocketed by 142.4% to $1.5 billion in 2022, then fell by 7.69% to $1.4 billion in 2023, then dropped by 0.42% to $1.4 billion in 2024, then crashed by 414.78% to -$4.3 billion in 2025.
  • Per Business Quant, the three most recent readings for THG's Operating Expenses are -$4.3 billion (Q4 2025), $1.4 billion (Q3 2025), and $1.5 billion (Q2 2025).