SuperworthHanover Insurance THG
- Market cap
- $8.3B
- PE
- 11.4×
- 10y median 14.4×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 1.2×
- Revenue, 12 months
- $6.8B
- +6% on a year ago
- Net margin
- 11.2%
Hanover Insurance trades at 11.4× trailing earnings, cheaper than 80% of the last ten years. Revenue was $6.8B over the last twelve months, up 6% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.5B+11% | $1.5B+3% | $1.6B+7% | $1.5B+2% | $1.6B+3% | $1.6B+4% | $1.6B+3% | $1.7B+8% | $1.7B+6% | $1.7B+6% | $1.7B+6% | $1.7B+4% | |
| Interest expense | $8.5M+0% | $8.5M−1% | $8.5M+0% | $8.6M+0% | $8.5M+0% | $8.5M+0% | $8.5M+0% | $8.6M+0% | $11.6M+37% | $14.5M+71% | $10.8M+27% | $10.1M+17% |
| Pre-tax income | −$900K | $150.2M | $145.3M | $51.3M | $129.7M | $211.5M+41% | $160.1M+10% | $198.8M+288% | $227.1M+75% | $257.8M+22% | $237.1M+48% | $244.6M+23% |
| −$9.1M+9000% | $42.9M | $29.8M | $10.9M | $27.6M | $44.2M+3% | $31.9M+7% | $41.9M+284% | $48.5M+76% | $60.8M+38% | $50.3M+58% | $53.2M+27% | |
| Net income | $8.6M+1620% | $107.9M | $115.5M | $40.5M | $102.1M+1087% | $167.9M+56% | $128.2M+11% | $157.1M+288% | $178.7M+75% | $198.5M+18% | $186.8M+46% | $191.6M+22% |
| $0.24+2300% | $2.99 | $3.18 | $1.12 | $2.80+1067% | $4.61+54% | $3.50+10% | $4.30+284% | $4.90+75% | $5.44+18% | $5.20+49% | $5.38+25% | |
| 36.1M+0% | 36.1M+1% | 36.3M+2% | 36.3M+2% | 36.5M+1% | 36.4M+1% | 36.6M+1% | 36.5M+1% | 36.4M−0% | 36.5M+0% | 35.9M−2% | 35.6M−3% |
EPS, diluted: 8 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 12 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY11 and Q4 FY23: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. 3 periods, Q4 FY12 to Q4 FY22: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Insurance - Property & Casualty nearest Hanover Insurance's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| THGHanover Insurance | $8.3B | 11.4× | 14.4× | 1.2× | +6% | 11.2% | |
| KNSLKinsale Capital | $8.3B | 14.8× | 33.3× | 4.2× | +16% | 28.5% | |
| AXSAxis Capital | $7.5B | 7.3× | 12.5× | 1.1× | +9% | 16.2% | |
| RLIRLI | $5.9B | 15.1× | 21.6× | 3.1× | +5% | 20.3% | |
| SIGISelective Insurance | $5.7B | 11.6× | 18.3× | 1.0× | +4% | 9.4% | |
| MCYMercury General | $5.7B | 6.1× | 12.8× | 0.9× | +10% | 14.8% | |
| AFGAmerican Financial | $12.5B | 13.2× | 12.8× | 1.5× | −0% | 11.5% | |
| WTMWhite Mountains Insurance | $5.3B | 5.1× | 8.3× | 1.4× | +55% | 29.3% | |
| CNACNA Financial | $13.1B | 10.6× | 12.4× | 0.9× | +3% | 8.2% | |
| RNRRenaissancere | $14.7B | 6.0× | 11.5× | 1.3× | −14% | 23.8% | |
| EGEverest | $15.3B | 8.4× | 12.4× | 0.9× | −5% | 11.4% | |
| Peer median | $7.9B | 9.5× | 12.6× | 1.2× | +4% | 15.5% |
Investors who own it
Investors we follow who held Hanover Insurance at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group0.5% of portfolio
More on Hanover Insurance
Each number over time
Its groups
About
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .