The Hanover Insurance Group financials
$217.96+0.18%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.73B | $1.70B | $1.67B | $1.67B | $1.65B | $1.60B | $1.58B | $1.57B | $1.54B | $1.55B | $1.53B | $1.52B |
| Gross profit | $425.7M | $410.6M | $454.7M | $413.0M | $378.2M | $334.0M | $412.3M | $303.5M | $225.6M | $316.9M | $315.1M | $158.5M |
| Gross margin | 24.7% | 24.1% | 27.2% | 24.8% | 22.9% | 20.8% | 26.0% | 19.4% | 14.7% | 20.4% | 20.6% | 10.5% |
| Operating income | $254.7M | $247.9M | $272.3M | $238.7M | $207.4M | $168.6M | $220.0M | $138.2M | $59.9M | $153.8M | $158.7M | $7.6M |
| Net income | $191.6M | $186.8M | $198.5M | $178.7M | $157.1M | $128.2M | $167.9M | $102.1M | $40.5M | $115.5M | $107.9M | $8.6M |
| Net margin | 11.1% | 11.0% | 11.9% | 10.7% | 9.5% | 8.0% | 10.6% | 6.5% | 2.6% | 7.4% | 7.1% | 0.6% |
| Diluted EPS | $5.38 | $5.20 | $5.44 | $4.90 | $4.30 | $3.50 | $4.60 | $2.80 | $1.12 | $3.18 | $2.92 | $0.24 |
| EBITDA | $253.7M | $246.1M | $271.0M | $237.5M | $206.4M | $167.5M | $219.4M | $138.7M | $60.7M | $154.6M | $158.7M | $9.1M |
| Operating cash flow | $212.3M | $118.8M | $378.2M | $554.4M | $206.6M | $38.9M | $213.5M | $394.7M | $139.5M | $58.7M | $92.7M | $224.7M |
| Free cash flow | $209.4M | $115.3M | $377.0M | $551.4M | $204.9M | $37.1M | $210.5M | $392.3M | $137.3M | $56.1M | $90.5M | $221.8M |
| Diluted shares | 35.6M | 35.9M | 36.5M | 36.4M | 36.5M | 36.6M | 36.5M | 36.5M | 36.3M | 36.3M | 37.0M | 36.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $266.1M | $243.5M | $1.12B | $915.7M | $244.1M | $315.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $844.0M | $843.8M | $1.22B | $1.28B | $784.6M | $784.3M |
| Total assets | $16.86B | $16.53B | $16.95B | $16.77B | $15.73B | $15.47B |
| Total liabilities | $13.19B | $12.96B | $13.37B | $13.35B | $12.52B | $12.43B |
| Shareholders' equity | $3.67B | $3.57B | $3.57B | $3.43B | $3.22B | $3.04B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology