Hanover Net Income from 2010 to 2024

THG Stock  USD 132.62  0.90  0.67%   
Hanover Insurance's Net Income is increasing over the last several years with very volatile swings. Net Income is predicted to flatten to about 33.5 M. During the period from 2010 to 2024 The Hanover Insurance Net Income regressed destribution of quarterly values had coefficient of variationof  68.44 and r-value of  0.10. View All Fundamentals
 
Net Income  
First Reported
1995-03-31
Previous Quarter
8.6 M
Current Value
107.9 M
Quarterly Volatility
80.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hanover Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanover main balance sheet or income statement drivers, such as Interest Expense of 25.5 M, Total Revenue of 4.3 B or Gross Profit of 4.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.014 or PTB Ratio of 0.94. Hanover financial statements analysis is a perfect complement when working with Hanover Insurance Valuation or Volatility modules.
  
This module can also supplement Hanover Insurance's financial leverage analysis and stock options assessment as well as various Hanover Insurance Technical models . Check out the analysis of Hanover Insurance Correlation against competitors.

Latest Hanover Insurance's Net Income Growth Pattern

Below is the plot of the Net Income of The Hanover Insurance over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Hanover Insurance financial statement analysis. It represents the amount of money remaining after all of The Hanover Insurance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Hanover Insurance's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hanover Insurance's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 33.5 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

Hanover Net Income Regression Statistics

Arithmetic Mean214,342,333
Geometric Mean154,024,080
Coefficient Of Variation68.44
Mean Deviation128,227,156
Median186,200,000
Standard Deviation146,696,435
Sample Variance21519.8T
Range391.6M
R-Value0.10
Mean Square Error22938.9T
R-Squared0.01
Significance0.72
Slope3,312,661
Total Sum of Squares301277.8T

Hanover Net Income History

202433.5 M
202335.3 M
2022116 M
2021422.8 M
2020358.7 M
2019425.1 M
2018391 M

Other Fundumenentals of Hanover Insurance

Hanover Insurance Net Income component correlations

About Hanover Insurance Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hanover Insurance income statement, its balance sheet, and the statement of cash flows. Hanover Insurance investors use historical funamental indicators, such as Hanover Insurance's Net Income, to determine how well the company is positioned to perform in the future. Although Hanover Insurance investors may use each financial statement separately, they are all related. The changes in Hanover Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hanover Insurance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hanover Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hanover Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income33.5 M31.8 M
Net Income Applicable To Common Shares133.4 M220.3 M
Net Income From Continuing Ops33.5 M31.8 M
Net Income Per Share 0.99  0.94 
Net Income Per E B T 0.86  0.47 

Currently Active Assets on Macroaxis

When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:
Check out the analysis of Hanover Insurance Correlation against competitors.
Note that the Hanover Insurance information on this page should be used as a complementary analysis to other Hanover Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Hanover Stock analysis

When running Hanover Insurance's price analysis, check to measure Hanover Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Is Hanover Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
16.105
Dividend Share
3.28
Earnings Share
0.93
Revenue Per Share
167.885
Quarterly Revenue Growth
0.034
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.