Financials in USD. Standardized financial statements.
A compact view of how The Hanover Insurance Group, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $6.60B | $6.22B | $5.96B | $5.43B | $5.16B | $4.82B | $4.89B | $4.47B | $4.27B | $3.97B |
| Revenue Growth? | +6.1% | +4.2% | +9.8% | +5.3% | +7.1% | -1.5% | +9.5% | +4.6% | +7.6% | 0.0% |
| Cost of Revenue? | $3.73B | $4.98B | $5.31B | $4.72B | $4.12B | $3.80B | $3.79B | $3.62B | $3.42B | $3.35B |
| Gross Profit? | $2.87B | $1.24B | $652.90M | $716.30M | $1.04B | $1.02B | $1.10B | $849.70M | $847.60M | $616.00M |
| Gross Margin? | +43.5% | +19.9% | +10.9% | +13.2% | +20.2% | +21.2% | +22.5% | +19.0% | +19.9% | +15.5% |
| Operating Expenses? | $2.02B | $699.90M | $611.80M | $572.30M | $521.40M | $577.60M | $576.40M | $567.20M | $554.70M | $550.00M |
| Operating Income? | $843.80M | $537.80M | $41.10M | $144.00M | $521.30M | $444.80M | $522.10M | $282.50M | $292.90M | $66.00M |
| EBITDA? | $887.00M | $573.40M | $81.50M | $191.00M | $572.20M | $500.10M | $581.20M | $352.20M | $368.20M | $148.10M |
| Income Before Tax | $843.80M | $537.80M | $41.10M | $144.00M | $521.30M | $444.80M | $522.10M | $282.50M | $292.90M | $66.00M |
| Income Tax Expense | $183.10M | $112.50M | $7.60M | $27.20M | $101.30M | $82.80M | $93.10M | $43.50M | $76.80M | -$1.00M |
| Net Income? | $662.50M | $426.00M | $35.30M | $116.00M | $422.80M | $358.70M | $425.10M | $391.00M | $186.20M | $155.10M |
| EPS? | $18.51 | $11.85 | $0.98 | $3.21 | $11.79 | $9.51 | $11.07 | $9.24 | $4.38 | $3.63 |
| Diluted EPS? | $18.51 | $11.70 | $0.98 | $3.21 | $11.49 | $9.42 | $10.46 | $9.09 | $4.33 | $3.59 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality