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The Hanover Insurance Group (The Hanover Insurance Group) Net Margin % : 7.07% (As of Dec. 2023)


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What is The Hanover Insurance Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. The Hanover Insurance Group's Net Income for the three months ended in Dec. 2023 was $108 Mil. The Hanover Insurance Group's Revenue for the three months ended in Dec. 2023 was $1,525 Mil. Therefore, The Hanover Insurance Group's net margin for the quarter that ended in Dec. 2023 was 7.07%.

The historical rank and industry rank for The Hanover Insurance Group's Net Margin % or its related term are showing as below:

THG' s Net Margin % Range Over the Past 10 Years
Min: 0.59   Med: 6.08   Max: 8.73
Current: 0.59


THG's Net Margin % is ranked worse than
84.74% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs THG: 0.59

The Hanover Insurance Group Net Margin % Historical Data

The historical data trend for The Hanover Insurance Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Hanover Insurance Group Net Margin % Chart

The Hanover Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.73 7.46 8.19 2.14 0.59

The Hanover Insurance Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.82 -0.83 -4.64 0.57 7.07

Competitive Comparison of The Hanover Insurance Group's Net Margin %

For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Hanover Insurance Group's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Hanover Insurance Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where The Hanover Insurance Group's Net Margin % falls into.



The Hanover Insurance Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

The Hanover Insurance Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=35.3/5963.5
=0.59 %

The Hanover Insurance Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=107.9/1525.3
=7.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Hanover Insurance Group  (NYSE:THG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


The Hanover Insurance Group Net Margin % Related Terms

Thank you for viewing the detailed overview of The Hanover Insurance Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Hanover Insurance Group (The Hanover Insurance Group) Business Description

Traded in Other Exchanges
Address
440 Lincoln Street, Worcester, MA, USA, 01653
The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines and Other. The company operates an investment portfolio that is primarily exposed to fixed-income securities.
Executives
Jane D Carlin director C/O PHH CORPORATION, 3000 LEADENHALL ROAD, MT. LAUREL NJ 08054
David John Lovely officer: Executive Vice President 440 LINCOLN STREET, WORCESTER MA 01653
Mark Joseph Welzenbach officer: Senior Vice President C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET (S-316), WORCESTER MA 01653
Elizabeth A Ward director 440 LINCOLN STREET, WORCESTER MA 01653
Francisco Aristeguieta director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
John C Roche officer: Vice President C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Warren E Barnes officer: Vice President of Subsidiary THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Richard W Lavey officer: Vice President of Subsidiary THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Jeffrey M Farber officer: Executive Vice President C/O THE HANOVER INSURANCE GROUP, 440 LINCOLN STREET, WORCESTER MA 01653
Willard T Lee officer: Senior Vice President 440 LINCOLN STREET, WORCESTER MA 01653
Bryan J Salvatore officer: Executive Vice President 440 LINCOLN STREET, N435, WORCESTER MA 01653
J Paul Condrin director 440 LINCOLN STREET, WORCESTER MA 01653
Bunting Theodore H Jr director P. O. BOX 61000, NEW ORLEANS LA 70161
Martin P Hughes director C/O HUB INTERNATIONAL LIMITED, 55 EAST JACKSON BLVD, CHICAGO IL 60604
Dennis Francis Kerrigan officer: Executive Vice President 440 LINCOLN STREET, E-10, WORCESTER MA 01653