The Hanover Insurance Group (THG)
Provides commercial, specialty and personal property-and-casualty coverage through independent agents.
$218.41
After hours+0.01 (+0.00%)
At close$218.40(−2.15%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,517 | 1,529 | 1,542 | 1,535 | 1,561 | 1,578 | 1,596 | 1,651 | 1,658 | 1,672 | 1,701 | 1,726 |
| Cost of revenue | 1,358 | 1,214 | 1,234 | 1,311 | 1,262 | 1,172 | 1,269 | 1,276 | 1,252 | 890 | 958 | 963 |
| Gross profit | 159 | 315 | 308 | 224 | 300 | 406 | 327 | 375 | 406 | 782 | 744 | 764 |
| 159 | 165 | 162 | 173 | 170 | 195 | 166 | 176 | 179 | 524 | 507 | 519 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 496 | 509 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 496 | 509 |
| Other expenses | 159 | 165 | 162 | 173 | 170 | 195 | 166 | 176 | 179 | 524 | 11 | 10 |
| Operating income | −1 | 150 | 145 | 51 | 130 | 212 | 160 | 199 | 227 | 258 | 237 | 245 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest expense | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 12 | 15 | 11 | 10 |
| Other non-operating income | −9 | −9 | −9 | −9 | −9 | −9 | −9 | −9 | −12 | −15 | −11 | −10 |
| Income before tax | −1 | 150 | 145 | 51 | 130 | 212 | 160 | 199 | 227 | 258 | 237 | 245 |
| Income tax expense | −9 | 43 | 30 | 11 | 28 | 44 | 32 | 42 | 49 | 61 | 50 | 53 |
| Net income from continuing operations | 8 | 107 | 116 | 40 | 102 | 167 | 128 | 157 | 179 | 197 | 187 | 191 |
| Discontinued operations | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 2 | 0 | 0 |
| Net income | 9 | 108 | 116 | 41 | 102 | 168 | 128 | 157 | 179 | 199 | 187 | 192 |
| EPS, basic | $0.24 | $2.98 | $3.18 | $1.12 | $2.80 | $4.59 | $3.50 | $4.38 | $4.98 | $5.59 | $5.26 | $5.40 |
| EPS, diluted | $0.24 | $2.98 | $3.18 | $1.12 | $2.80 | $4.59 | $3.50 | $4.30 | $4.91 | $5.47 | $5.15 | $5.28 |
| Weighted average shares, basic | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Weighted average shares, diluted | 36 | 36 | 36 | 36 | 37 | 37 | 36 | 36 | 36 | 36 | 36 | 36 |
| EBITDA | 9 | 160 | 155 | 61 | 139 | 219 | 168 | 206 | 238 | 271 | 246 | 254 |
| Depreciation & amortization | 2 | 1 | 1 | 1 | 1 | −1 | −1 | −1 | −1 | −1 | −2 | −1 |
| EBIT | 8 | 159 | 154 | 60 | 138 | 220 | 169 | 207 | 239 | 272 | 248 | 255 |
