Superworth

Hanover Insurance profit margin THG

Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.

Net margin, 12 months
11.2%
Net margin on a year earlier
+2.5 pts
Peer median
15.5%

Over the twelve months to Jun 30, 2026, Hanover Insurance kept 11.2% of its revenue as net profit.

Five years earlier its net margin was 9.9%.

The median for 10 property and casualty insurers of a similar size is 15.5%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY202510.0%
FY20246.8%
FY20230.6%
FY20222.1%
FY20218.0%
FY20207.4%
FY20198.7%
FY20188.7%
FY20174.4%
FY20163.1%
FY20156.6%
FY20145.6%
FY20135.2%
FY20121.2%
FY20110.9%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY2611.2%+2.5 pts
Q1 FY2610.8%+3.8 pts
Q4 FY2510.0%+3.2 pts
Q3 FY259.7%+3.8 pts
Q2 FY258.7%+4.2 pts
Q1 FY257.0%+4.3 pts
Q4 FY246.8%+6.2 pts
Q3 FY245.9%+7.3 pts
Q2 FY244.4%+6.0 pts
Q1 FY242.7%+2.7 pts
Q4 FY230.6%−1.5 pts
Q3 FY23−1.4%−6.9 pts

Against its peers

Companies in Insurance - Property & Casualty nearest Hanover Insurance's size, closest first, today.

CompanyProfit margin
THGHanover Insurance11.2%
KNSLKinsale Capital28.5%
AXSAxis Capital16.2%
RLIRLI20.3%
SIGISelective Insurance9.4%
MCYMercury General14.8%
AFGAmerican Financial11.5%
WTMWhite Mountains Insurance29.3%
CNACNA Financial8.2%
RNRRenaissancere23.8%
EGEverest11.4%
Peer median15.5%

Where Hanover Insurance ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Hanover Insurance

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.