The Hanover Insurance Net Income

THG Stock  USD 174.05  0.45  0.26%   
As of the 3rd of February, Hanover Insurance retains the Risk Adjusted Performance of 0.0459, downside deviation of 1.27, and Market Risk Adjusted Performance of 0.3988. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of The Hanover Insurance, as well as the relationship between them. Please check out Hanover Insurance variance, as well as the relationship between the maximum drawdown and semi variance to decide if Hanover Insurance is priced fairly, providing market reflects its last-minute price of 174.05 per share. Given that The Hanover Insurance has jensen alpha of 0.048, we strongly advise you to confirm Hanover Insurance's regular market performance to make sure the company can sustain itself at a future point.

Hanover Insurance Total Revenue

4.25 Billion

Hanover Insurance's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Hanover Insurance's valuation are provided below:
Gross Profit
1.5 B
Profit Margin
0.0971
Market Capitalization
6.2 B
Enterprise Value Revenue
1.012
Revenue
6.5 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 2026 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 2.4 B. Enterprise Value is estimated to decrease to about 2.6 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income489.9 M514.4 M
Net Income Applicable To Common Shares489.9 M514.4 M
Net Income From Continuing Ops489.1 M278.4 M
Net Income Per Share 10.68  11.21 
Net Income Per E B T 0.71  0.46 
At this time, Hanover Insurance's Net Income Per Share is most likely to slightly grow in the upcoming years.
  
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The Net Income trend for The Hanover Insurance offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Hanover Insurance is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

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 426 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Hanover Net Income Regression Statistics

Arithmetic Mean271,264,412
Geometric Mean205,406,385
Coefficient Of Variation60.04
Mean Deviation141,178,270
Median282,000,000
Standard Deviation162,866,699
Sample Variance26525.6T
Range479.1M
R-Value0.58
Mean Square Error18820.1T
R-Squared0.33
Significance0.01
Slope18,662,892
Total Sum of Squares424409T

Hanover Net Income History

2026514.4 M
2025489.9 M
2024426 M
202335.3 M
2022116 M
2021422.8 M
2020358.7 M

Other Fundumenentals of Hanover Insurance

Hanover Insurance Net Income component correlations

Hanover Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Hanover Insurance is extremely important. It helps to project a fair market value of Hanover Stock properly, considering its historical fundamentals such as Net Income. Since Hanover Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hanover Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hanover Insurance's interrelated accounts and indicators.
Can Property & Casualty Insurance industry sustain growth momentum? Does Hanover have expansion opportunities? 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. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Hanover Insurance demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
0.751
Dividend Share
3.6
Earnings Share
17.29
Revenue Per Share
181.251
Quarterly Revenue Growth
0.064
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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. Meanwhile, Hanover Insurance's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Hanover Insurance 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hanover Insurance's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hanover Insurance.
0.00
11/05/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/03/2026
0.00
If you would invest  0.00  in Hanover Insurance on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding The Hanover Insurance or generate 0.0% return on investment in Hanover Insurance over 90 days. Hanover Insurance is related to or competes with Horace Mann, Kemper, RLI Corp, Global Indemnity, NI Holdings, Donegal Group, and Donegal Group. The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products a... More

Hanover Insurance Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hanover Insurance's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Hanover Insurance upside and downside potential and time the market with a certain degree of confidence.

Hanover Insurance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanover Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hanover Insurance's standard deviation. In reality, there are many statistical measures that can use Hanover Insurance historical prices to predict the future Hanover Insurance's volatility.
Hype
Prediction
LowEstimatedHigh
172.96174.05175.14
Details
Intrinsic
Valuation
LowRealHigh
156.65175.47176.56
Details
Naive
Forecast
LowNextHigh
180.80181.89182.98
Details
7 Analysts
Consensus
LowTargetHigh
182.39200.43222.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hanover Insurance. Your research has to be compared to or analyzed against Hanover Insurance's peers to derive any actionable benefits. When done correctly, Hanover Insurance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hanover Insurance.

Hanover Insurance February 3, 2026 Technical Indicators

Hanover Insurance Backtested Returns

Hanover Insurance holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. Hanover Insurance exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hanover Insurance's Risk Adjusted Performance of 0.0459, downside deviation of 1.27, and Market Risk Adjusted Performance of 0.3988 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hanover Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hanover Insurance is expected to be smaller as well. At this point, Hanover Insurance has a negative expected return of -0.0041%. Please make sure to check out Hanover Insurance's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Hanover Insurance performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.41  

Modest reverse predictability

The Hanover Insurance has modest reverse predictability. Overlapping area represents the amount of predictability between Hanover Insurance time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hanover Insurance price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Hanover Insurance price fluctuation can be explain by its past prices.
Correlation Coefficient-0.41
Spearman Rank Test-0.5
Residual Average0.0
Price Variance33.42
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Hanover Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(390.14 Million)

At this time, Hanover Insurance's Accumulated Other Comprehensive Income is most likely to decrease significantly in the upcoming years.
Based on the recorded statements, The Hanover Insurance reported net income of 426 M. This is 66.65% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 25.39% higher than that of the company.

Hanover Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hanover Insurance's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hanover Insurance could also be used in its relative valuation, which is a method of valuing Hanover Insurance by comparing valuation metrics of similar companies.
Hanover Insurance is currently under evaluation in net income category among its peers.

Hanover Insurance ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hanover Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hanover Insurance's managers, analysts, and investors.
Environmental
Governance
Social

Hanover Insurance Institutional Holders

Institutional Holdings refers to the ownership stake in Hanover Insurance that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Hanover Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hanover Insurance's value.
Shares
American Century Companies Inc2025-06-30
657.5 K
Victory Capital Management Inc.2025-06-30
600.3 K
Adage Capital Partners Gp Llc2025-06-30
558 K
Aqr Capital Management Llc2025-06-30
553.8 K
Ameriprise Financial Inc2025-06-30
551 K
First Trust Advisors L.p.2025-06-30
497.4 K
London Company Of Virginia2025-06-30
466.7 K
Vaughan Nelson Scarbrgh & Mccullough Lp2025-06-30
464.7 K
Macquarie Group Ltd2025-06-30
464.4 K
Vanguard Group Inc2025-06-30
3.7 M
Blackrock Inc2025-06-30
3.6 M

Hanover Fundamentals

About Hanover Insurance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The Hanover Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hanover Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Hanover Insurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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:
Can Property & Casualty Insurance industry sustain growth momentum? Does Hanover have expansion opportunities? 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. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Hanover Insurance demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
0.751
Dividend Share
3.6
Earnings Share
17.29
Revenue Per Share
181.251
Quarterly Revenue Growth
0.064
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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. Meanwhile, Hanover Insurance's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.