The Hanover Insurance Group, Inc.

NYSE THG

The Hanover Insurance Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 92.01%

The Hanover Insurance Group, Inc. Gross Profit Margin is 92.01% for the Trailing 12 Months (TTM) ending September 30, 2024, a -0.43% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

The Hanover Insurance Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 92.41%, a 3.84% change year over year.
The Hanover Insurance Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 88.99%, a -3.27% change year over year.
The Hanover Insurance Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 92.00%, a 0.29% change year over year.
The Hanover Insurance Group, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 91.73%, a 0.21% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NYSE: THG

The Hanover Insurance Group, Inc.

CEO	Mr. John Conner Roche
IPO Date	Oct. 11, 1995
Location	United States
Headquarters	440 Lincoln Street
Employees	4,800
Sector	Finance
Industries Insurance

Description

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

Key trends

Past 5 years