The Hanover Insurance Group, Inc. (THG) Financials

NYSE:THG

Market Cap

4.01B

Total Revenue

5.47B

Gross Profit

5.47B

Operating Income

177.30M

Net Income

116.00M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	4,793,700,000	5,067,600,000	5,034,000,000	4,945,800,000	5,184,400,000	4,494,300,000	4,890,700,000	4,827,300,000	5,227,800,000	5,468,600,000
costOfRevenue	--	--	--	--	--	--	--	--	--	--
grossProfit	4,793,700,000	5,067,600,000	5,034,000,000	4,945,800,000	5,184,400,000	4,494,300,000	4,890,700,000	4,827,300,000	5,227,800,000	5,468,600,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
operatingExpenses	-4,394,000,000	-4,624,700,000	-4,533,800,000	-4,699,600,000	-4,851,200,000	-4,014,700,000	-4,372,500,000	-4,385,800,000	-4,707,800,000	573,900,000
operatingIncome	399,700,000	442,900,000	500,200,000	246,200,000	333,200,000	479,600,000	518,200,000	441,500,000	520,000,000	177,300,000
totalOtherIncomeExpensesNet	-70,600,000	-64,900,000	-60,800,000	-53,900,000	-31,700,000	-197,100,000	3,900,000	3,300,000	1,300,000	-33,300,000
ebitda	434,700,000	476,400,000	530,400,000	276,900,000	363,300,000	504,200,000	539,800,000	459,700,000	536,900,000	190,200,000
depreciationAndAmortization	35,000,000	33,500,000	30,200,000	30,700,000	30,100,000	24,600,000	21,600,000	18,200,000	16,900,000	12,900,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	65,300,000	65,200,000	60,100,000	54,900,000	48,500,000	45,100,000	37,500,000	37,100,000	34,000,000	34,100,000
incomeBeforeTax	329,100,000	378,000,000	439,400,000	192,300,000	301,500,000	282,500,000	522,100,000	444,800,000	521,300,000	144,000,000
incomeTaxExpense	83,400,000	95,700,000	108,600,000	36,200,000	98,500,000	43,500,000	93,100,000	82,800,000	101,300,000	27,200,000
netIncome	251,000,000	282,000,000	331,500,000	155,100,000	186,200,000	391,000,000	425,100,000	358,700,000	418,700,000	116,000,000
eps	5.74	6.42	7.71	3.63	4.38	9.24	11.07	9.51	11.79	3.26
epsdiluted	5.59	6.28	7.4	3.59	4.33	9.09	10.46	9.42	11.49	3.21
weightedAverageShsOut	43,700,000	43,900,000	43,000,000	42,800,000	42,500,000	42,300,000	38,400,000	37,700,000	35,500,000	35,600,000
weightedAverageShsOutDil	44,900,000	44,900,000	44,800,000	43,200,000	43,000,000	43,000,000	40,600,000	38,100,000	36,400,000	36,100,000
costAndExpenses	4,464,600,000	4,689,600,000	4,594,600,000	4,753,500,000	4,882,900,000	4,211,800,000	4,368,600,000	4,382,500,000	4,706,500,000	5,324,600,000
otherExpenses	-4,394,000,000	-4,624,700,000	-4,533,800,000	-4,699,600,000	-4,851,200,000	-4,014,700,000	-4,372,500,000	-4,385,800,000	-4,707,800,000	573,900,000

Key Facts

Industry

Insurance—Property & Casualty

Sector

Financial Services

Headquarters

Worcester, MA, US

Website

hanover.com

CEO

Mr. John Conner Roche

Employees

4600

About the Company

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.