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

Historic Operating Expenses for Hanover Insurance (THG) over the last 17 years, with Q3 2025 value amounting to $1.4 billion.

  • Hanover Insurance's Operating Expenses rose 16.02% to $1.4 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $5.7 billion, marking a year-over-year increase of 7.01%. This contributed to the annual value of $5.7 billion for FY2024, which is 424.7% down from last year.
  • Latest data reveals that Hanover Insurance reported Operating Expenses of $1.4 billion as of Q3 2025, which was up 16.02% from $1.5 billion recorded in Q2 2025.
  • Over the past 5 years, Hanover Insurance's Operating Expenses peaked at $1.6 billion during Q2 2023, and registered a low of $1.1 billion during Q2 2021.
  • Over the past 5 years, Hanover Insurance's median Operating Expenses value was $1.4 billion (recorded in 2024), while the average stood at $1.4 billion.
  • As far as peak fluctuations go, Hanover Insurance's Operating Expenses soared by 2723.86% in 2022, and later crashed by 768.72% in 2023.
  • Quarter analysis of 5 years shows Hanover Insurance's Operating Expenses stood at $1.2 billion in 2021, then grew by 27.24% to $1.5 billion in 2022, then fell by 7.69% to $1.4 billion in 2023, then fell by 0.42% to $1.4 billion in 2024, then increased by 4.74% to $1.4 billion in 2025.
  • Its Operating Expenses was $1.4 billion in Q3 2025, compared to $1.5 billion in Q2 2025 and $1.4 billion in Q1 2025.