Hanover Financial Statements From 2010 to 2024

THG Stock  USD 132.62  0.90  0.67%   
Hanover Insurance financial statements provide useful quarterly and yearly information to potential The Hanover Insurance investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hanover Insurance financial statements helps investors assess Hanover Insurance's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hanover Insurance's valuation are summarized below:
Gross Profit
752 M
Profit Margin
0.0059
Market Capitalization
4.8 B
Enterprise Value Revenue
0.8521
Revenue
B
There are over one hundred nineteen available fundamental trends for Hanover Insurance, which can be analyzed over time and compared to other ratios. Active traders should verify all of Hanover Insurance regular fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The Hanover Insurance's current Market Cap is estimated to increase to about 5.2 B. The Hanover Insurance's current Enterprise Value is estimated to increase to about 5.6 B

Hanover Insurance Total Revenue

4.31 Billion

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.

Hanover Insurance Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets13.4 B12.7 B13.8 B
Slightly volatile
Short and Long Term Debt Total634.8 M783.2 M758.8 M
Very volatile
Total Current Liabilities5.2 B6.1 B1.1 B
Slightly volatile
Total Stockholder Equity2.7 B2.5 B2.7 B
Slightly volatile
Retained Earnings1.5 B2.9 B1.9 B
Slightly volatile
Net Receivables2.7 B3.8 B3.2 B
Slightly volatile
Common Stock Shares Outstanding38.3 M32.5 M41.9 M
Slightly volatile
Liabilities And Stockholders Equity13.4 B12.7 B13.8 B
Slightly volatile
Non Current Liabilities Total7.5 B4.1 B6.6 B
Pretty Stable
Other Stockholder Equity69.2 M72.8 M682.9 M
Slightly volatile
Total Liabilities11.4 B10.2 B11.1 B
Slightly volatile
Total Current Assets2.3 B2.5 B2.7 B
Slightly volatile
Cash317.1 M316.1 M396.5 M
Slightly volatile
Non Current Assets Total10.7 B10.1 B4.6 B
Slightly volatile
Cash And Short Term Investments3.4 B3.3 B801.2 M
Slightly volatile
Common Stock Total Equity655.9 K690 K603.1 K
Slightly volatile
Short Term Investments445.2 M468.6 M4.4 B
Pretty Stable
Common Stock656.1 K690 K603.1 K
Slightly volatile
Other Liabilities66.4 M69.9 M2.2 B
Slightly volatile
Accounts Payable61.1 M64.3 M184 M
Slightly volatile
Long Term Debt697.6 M783.2 M760.7 M
Pretty Stable
Good Will183 M205.6 M181.1 M
Slightly volatile
Intangible Assets243.4 M205.6 M262.8 M
Very volatile
Net Tangible Assets2.9 B2.5 B2.6 B
Slightly volatile
Long Term Debt Total641.4 M704.2 M790.9 M
Slightly volatile
Capital SurpluseB2.2 B1.9 B
Slightly volatile
Long Term Investments8.9 B8.1 B8.1 B
Slightly volatile
Non Current Liabilities Other7.4 B9.1 B9.1 B
Pretty Stable
Short and Long Term Debt656 M708.2 M812.8 M
Slightly volatile
Cash And Equivalents291.6 M274.5 M320.9 M
Very volatile
Net Invested Capital2.3 B3.2 B3.2 B
Slightly volatile
Property Plant And Equipment Net8.5 B9.2 B7.4 B
Slightly volatile
Capital Stock480 K540 K588 K
Slightly volatile

Hanover Insurance Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue4.3 BB4.8 B
Slightly volatile
Gross Profit4.3 BB4.8 B
Slightly volatile
Other Operating ExpensesB5.9 B4.3 B
Slightly volatile
Operating Income1.7 M1.8 M297.5 M
Very volatile
EBITDA1.7 M1.8 M318.5 M
Very volatile
Income Before Tax39 M41.1 M327.9 M
Slightly volatile
Net Income33.5 M35.3 M214.3 M
Very volatile
Depreciation And AmortizationM6.3 M24.9 M
Slightly volatile
Net Income Applicable To Common Shares220.3 M133.4 M237.1 M
Slightly volatile
Minority Interest12.8 M14.4 M15.7 M
Slightly volatile
Net Income From Continuing Ops31.8 M33.5 M199.2 M
Pretty Stable
Tax Provision7.2 M7.6 M76.6 M
Slightly volatile
Interest Income61.3 M112 M61.3 M
Slightly volatile
Reconciled DepreciationM6.3 M23.2 M
Slightly volatile

Hanover Insurance Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Change In Working Capital287.1 M273.4 M291.6 M
Slightly volatile
Begin Period Cash Flow326.8 M305 M414.3 M
Slightly volatile
Dividends Paid68.6 M117.2 M97 M
Slightly volatile
Capital Expenditures11.3 M11.9 M127.9 M
Slightly volatile
Total Cash From Operating Activities334.3 M361.7 M512.8 M
Slightly volatile
Net Income31.8 M33.5 M214.6 M
Very volatile
End Period Cash Flow431.9 M316.1 M411.5 M
Slightly volatile
DepreciationM6.3 M24.9 M
Slightly volatile
Stock Based Compensation17.7 M31.1 M16.8 M
Slightly volatile
Change To Liabilities580.6 M906.2 M568.7 M
Slightly volatile
Change To Operating Activities485.4 M779.7 M446.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.60.72320.7298
Slightly volatile
Dividend Yield0.0140.0270.0247
Very volatile
PTB Ratio0.941.75811.3034
Slightly volatile
Days Sales Outstanding176229234
Pretty Stable
Book Value Per Share42.8769.064464.3802
Slightly volatile
Invested Capital0.180.31770.2761
Pretty Stable
Operating Cash Flow Per Share5.8210.131712.5607
Slightly volatile
Stock Based Compensation To Revenue0.00280.00520.0034
Slightly volatile
PB Ratio0.941.75811.3034
Slightly volatile
EV To Sales0.630.80120.803
Slightly volatile
ROIC4.0E-45.0E-40.0704
Slightly volatile
Inventory Turnover0.0020.00230.0025
Slightly volatile
Net Income Per Share0.940.98885.2624
Pretty Stable
Days Of Inventory On Hand114.1 K128.3 K139.7 K
Slightly volatile
Cash Per Share20.8821.9804115
Pretty Stable
POCF Ratio22.8711.98428.3502
Slightly volatile
Interest Coverage0.05010.05286.8391
Very volatile
Payout Ratio3.493.32010.8994
Slightly volatile
Income Quality11.3410.7974.1852
Slightly volatile
ROE0.01360.01430.0768
Very volatile
EV To Operating Cash Flow22.8913.27569.0938
Slightly volatile
PE Ratio12912333.7785
Slightly volatile
Return On Tangible Assets0.00270.00280.016
Pretty Stable
Earnings Yield0.00770.00810.0591
Slightly volatile
Intangibles To Total Assets0.01050.01410.0128
Pretty Stable
Current Ratio0.40.418339.336
Very volatile
Tangible Book Value Per Share41.7864.05660.1191
Slightly volatile
Receivables Turnover2.391.59331.9183
Slightly volatile
Graham Number55.7439.198784.5495
Slightly volatile
Shareholders Equity Per Share42.8769.064464.3802
Slightly volatile
Debt To Equity0.180.31770.2761
Pretty Stable
Revenue Per Share176168122
Slightly volatile
Interest Debt Per Share24.0422.893620.1102
Slightly volatile
Debt To Assets0.03420.06170.0551
Very volatile
Enterprise Value Over EBITDA2.8 K2.7 K375
Slightly volatile
Short Term Coverage Ratios6.786.466.8969
Slightly volatile
Price Earnings Ratio12912333.7785
Slightly volatile
Operating Cycle114.3 K128.5 K140 K
Slightly volatile
Price Book Value Ratio0.941.75811.3034
Slightly volatile
Dividend Payout Ratio3.493.32010.8994
Slightly volatile
Price To Operating Cash Flows Ratio22.8711.98428.3502
Slightly volatile
Pretax Profit Margin0.00650.00690.0748
Slightly volatile
Ebt Per Ebit23.9822.83334.1147
Slightly volatile
Operating Profit Margin3.0E-43.0E-40.062
Pretty Stable
Company Equity Multiplier7.845.14865.5136
Pretty Stable
Long Term Debt To Capitalization0.140.24110.2128
Pretty Stable
Total Debt To Capitalization0.140.24110.2138
Pretty Stable
Return On Capital Employed3.0E-43.0E-40.0223
Very volatile
Debt Equity Ratio0.180.31770.2761
Pretty Stable
Ebit Per Revenue3.0E-43.0E-40.062
Pretty Stable
Quick Ratio0.710.746365.1835
Pretty Stable
Net Income Per E B T0.470.85890.8905
Pretty Stable
Cash Ratio0.04930.05195.2542
Pretty Stable
Cash Conversion Cycle115.3 K129.7 K141.2 K
Slightly volatile
Operating Cash Flow Sales Ratio0.05460.06030.1031
Slightly volatile
Days Of Inventory Outstanding114.1 K128.3 K139.7 K
Slightly volatile
Days Of Sales Outstanding176229234
Pretty Stable
Cash Flow Coverage Ratios0.380.46180.6703
Slightly volatile
Price To Book Ratio0.941.75811.3034
Slightly volatile
Fixed Asset Turnover0.530.680.6548
Pretty Stable
Price Cash Flow Ratio22.8711.98428.3502
Slightly volatile
Enterprise Value Multiple2.8 K2.7 K375
Slightly volatile
Debt Ratio0.03420.06170.0551
Very volatile
Cash Flow To Debt Ratio0.380.46180.6703
Slightly volatile
Price Sales Ratio0.60.72320.7298
Slightly volatile
Return On Assets0.00260.00280.0158
Pretty Stable
Asset Turnover0.50.47210.3634
Slightly volatile
Net Profit Margin0.00560.00590.0444
Very volatile
Gross Profit Margin0.80.90.9826
Slightly volatile
Price Fair Value0.941.75811.3034
Slightly volatile
Return On Equity0.01360.01430.0768
Very volatile

Hanover Insurance Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.2 B4.9 B4.4 B
Slightly volatile
Enterprise Value5.6 B5.3 B4.8 B
Slightly volatile

Hanover Fundamental Market Drivers

Forward Price Earnings12.5471
Cash And Short Term Investments3.3 B

Hanover Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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 revenue or 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
Total RevenueB4.3 B
Cost Of Revenue-20.7 M-19.7 M
Stock Based Compensation To Revenue 0.01  0 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0)(0)
Revenue Per Share 167.89  176.28 
Ebit Per Revenue 0.0003  0.0003 

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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.
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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.