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

Hanover Insurance (THG) has disclosed Operating Expenses for 17 consecutive years, with $1.4 billion as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses changed 0.16% year-over-year to $1.4 billion, compared with a TTM value of $4.3 billion through Dec 2025, down 23.91%, and an annual FY2024 reading of $5.7 billion, down 4.25% over the prior year.
  • Operating Expenses was $1.4 billion for Q3 2025 at Hanover Insurance, down from $1.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.6 billion in Q2 2023 and bottomed at -$3.8 billion in Q4 2022.
  • Average Operating Expenses over 5 years is $1.1 billion, with a median of $1.4 billion recorded in 2023.
  • The sharpest move saw Operating Expenses surged 136.09% in 2023, then decreased 6.88% in 2024.
  • Year by year, Operating Expenses stood at $1.2 billion in 2021, then plummeted by 409.95% to -$3.8 billion in 2022, then soared by 136.09% to $1.4 billion in 2023, then dropped by 0.42% to $1.4 billion in 2024, then increased by 4.74% to $1.4 billion in 2025.
  • Business Quant data shows Operating Expenses for THG at $1.4 billion in Q3 2025, $1.5 billion in Q2 2025, and $1.4 billion in Q1 2025.