Hanover Insurance (THG) Share-based Compensation (2010 - 2026)
Hanover Insurance (THG) recorded Share-based Compensation of $11.5 million in Q2 2026, up 2.7% from $11.2 million a year earlier and up 74.2% from the prior quarter.
Hanover Insurance (THG) Share-based Compensation (2010 - 2026) Analysis & Trends
On a TTM basis, Hanover Insurance's Share-based Compensation came in at $35.9 million as of Jun 30, 2026, up 5.6% year-over-year; for FY2025, it came in at $35.6 million, up 14.8% from FY2024.
- Annual Share-based Compensation has a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- Across earlier years, Share-based Compensation came in at $31 million in FY2024 (-0.3%), $31.1 million in FY2023 (+7.2%), $29 million in FY2022 (+26.6%) and $22.9 million in FY2021 (+13.9%).
- The Q2 2026 figure is the highest quarterly Share-based Compensation in data going back to Q1 2010.
- On a year-over-year basis, Share-based Compensation rose in six of the last eight quarters, with growth averaging 8.0%.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 38.3% in Q2 2025, against a decline of 5.6% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.6 million (Q1 2026), $7.8 million (Q4 2025) and $10 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | - |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 36.00 Mn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 96.00 Mn |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 24.00 Mn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | - |
| 10 | Hanover Insurance | 7.57 Bn | 4.27 Bn | 763.70 Mn | 11.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.50 Mn |
| Mar 31, 2026 | 6.60 Mn |
| Dec 31, 2025 | 7.80 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 11.20 Mn |
| Mar 31, 2025 | 6.60 Mn |
| Dec 31, 2024 | 7.50 Mn |
| Sep 30, 2024 | 8.70 Mn |
| Jun 30, 2024 | 8.10 Mn |
| Mar 31, 2024 | 6.70 Mn |
| Dec 31, 2023 | 7.20 Mn |
| Sep 30, 2023 | 8.60 Mn |
| Jun 30, 2023 | 8.20 Mn |
| Mar 31, 2023 | 7.10 Mn |
| Dec 31, 2022 | 7.20 Mn |
| Sep 30, 2022 | 7.70 Mn |
| Jun 30, 2022 | 7.40 Mn |
| Mar 31, 2022 | 6.70 Mn |
| Dec 31, 2021 | 6.10 Mn |
| Sep 30, 2021 | 5.80 Mn |
Hanover Insurance Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=THG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "THG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();