Hanover Insurance Financials

THG Stock  USD 162.66  1.24  0.76%   
Based on the measurements of operating efficiency obtained from Hanover Insurance's historical financial statements, The Hanover Insurance is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in March. At this time, Hanover Insurance's Net Debt is most likely to increase significantly in the upcoming years. The Hanover Insurance's current Retained Earnings is estimated to increase to about 3.5 B, while Total Current Liabilities is projected to decrease to roughly 5.2 B. Key indicators impacting Hanover Insurance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0050.0053
Notably Down
Pretty Stable
Return On Assets0.00210.0022
Notably Down
Very volatile
Return On Equity0.01220.0129
Notably Down
Pretty Stable
Debt Equity Ratio0.180.29
Way Down
Pretty Stable
Operating Income52.4 M55.2 M
Notably Down
Pretty Stable
Current Ratio0.280.3
Significantly Down
Very volatile
The essential information of the day-to-day investment outlook for Hanover Insurance includes many different criteria found on its balance sheet. An individual investor should monitor Hanover Insurance's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Hanover Insurance.

Cash And Equivalents

291.65 Million

  

Hanover Insurance Stock Summary

Hanover Insurance competes with Horace Mann, Kemper, RLI Corp, Global Indemnity, and Argo Group. The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts. Hanover Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 4400 people.
Specialization
Financial Services, Insurance - Property & Casualty
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4108671052
CUSIP410867105 019754100
LocationMassachusetts; U.S.A
Business Address440 Lincoln Street,
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.hanover.com
Phone508 855 1000
CurrencyUSD - US Dollar

Hanover Insurance Key Financial Ratios

Hanover Insurance Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets13.4B14.3B14.0B14.6B13.2B13.5B
Other Current Liab(48.4M)(55.1M)(70.3M)5.3B4.7B6.8B
Net Debt660.2M550.7M477.4M467.1M537.2M564.0M
Retained Earnings2.7B3.0B3.0B2.9B3.3B3.5B
Net Receivables3.2B3.4B1.6B1.7B2.0B2.5B
Total Liab10.2B11.1B11.7B12.1B10.9B11.4B
Total Current Assets3.3B3.6B2.7B2.0B2.3B2.3B
Cash120.6M230.9M305M316.1M284.5M317.1M
Other Assets1.9B2.1B10.9B11.8B10.6B8.9B
Other Liab3.6B4.0B97.3M60.8M69.9M66.4M
Accounts Payable48.4M55.1M70.3M64.3M57.9M55.0M
Long Term Debt780.8M781.6M782.4M783.2M900.7M697.6M
Treasury Stock(1.5B)(1.7B)(1.8B)(1.9B)(1.7B)(1.6B)
Other Current Assets1.9B2.0B(2.0B)2.5B2.3B3.4B
Inventory(1.9B)(2.0B)786.1M(7.0B)(6.3B)(6.0B)
Net Tangible Assets2.7B3.0B3.0B2.1B2.5B2.9B
Long Term Debt Total653.4M780.8M781.6M782.4M704.2M641.4M
Capital Surpluse1.8B1.9B1.9B1.9B2.2B2.0B

Hanover Insurance Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense37.5M37.1M34M34.1M39.2M25.5M
Total Revenue4.8B5.2B5.5B6.0B6.9B4.3B
Gross Profit4.8B5.2B5.5B6.0B6.9B4.3B
Operating Income441.5M520M177.3M48M55.2M52.4M
Ebit481.9M538.4M165.2M68.9M79.2M75.3M
Ebitda500.1M555.3M178.1M75.2M86.5M82.2M
Income Before Tax444.8M521.3M144M41.1M37.0M35.1M
Net Income358.7M422.8M116M35.3M40.6M38.6M
Income Tax Expense82.8M101.3M27.2M7.6M8.7M8.3M
Extraordinary Items(3.9M)(3.3M)(1.3M)(800K)(920K)(874K)
Tax Provision82.8M101.3M27.2M7.6M6.8M6.5M
Interest Income37.5M23.7M85.1M97.4M112.0M61.3M
Net Interest Income(37.5M)(37.1M)(34M)(34.1M)(39.2M)(41.2M)

Hanover Insurance Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash(95.1M)110.3M74.1M11.1M12.8M13.4M
Free Cash Flow692.7M815.7M704.5M349.8M402.3M250.8M
Other Non Cash Items(17.6M)(283.9M)49.6M10.8M9.7M9.2M
Dividends Paid99.5M102.2M108.9M117.2M134.8M68.6M
Capital Expenditures14.9M8M17.8M11.9M13.7M13.0M
Net Income358.7M418.7M116M33.5M38.5M36.6M
End Period Cash Flow120.6M230.9M305M316.1M363.5M431.9M
Depreciation18.2M16.9M12.9M14.2M12.8M20.5M
Investments(511.6M)(548.3M)(853.9M)(228.5M)(205.7M)(215.9M)
Change Receivables(257.8M)(144M)(156.3M)(173.9M)(156.5M)(164.3M)
Change To Netincome31.1M(1.7M)(76.2M)89M80.1M84.1M

Hanover Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hanover Insurance's current stock value. Our valuation model uses many indicators to compare Hanover Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hanover Insurance competition to find correlations between indicators driving Hanover Insurance's intrinsic value. More Info.
The Hanover Insurance is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.15  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Hanover Insurance is roughly  6.71 . At this time, Hanover Insurance's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hanover Insurance by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Hanover Insurance Systematic Risk

Hanover Insurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hanover Insurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Hanover Insurance correlated with the market. If Beta is less than 0 Hanover Insurance generally moves in the opposite direction as compared to the market. If Hanover Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hanover Insurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hanover Insurance is generally in the same direction as the market. If Beta > 1 Hanover Insurance moves generally in the same direction as, but more than the movement of the benchmark.

Hanover Insurance Thematic Clasifications

The Hanover Insurance is part of several thematic ideas from Banks to Real Estate. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Hanover Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hanover Insurance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hanover Insurance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.93)

At this time, Hanover Insurance's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Hanover Insurance February 16, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hanover Insurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Hanover Insurance. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Hanover Insurance based on widely used predictive technical indicators. In general, we focus on analyzing Hanover Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanover Insurance's daily price indicators and compare them against related drivers.

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.
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