Hanover Insurance Group Inc
Research Hanover Insurance Group Inc (THG) on Bullrun: valuation model: 2.1% undervalued, market cap USD 7.74B, P/E 10.6, dividend yield 1.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerTHG
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryInsurance-Property & Casualty
- CurrencyUSD
- Valuation signal2.1% undervalued
- Market capUSD 7.74B
- P/E10.6
- Dividend yield1.7%
- Financial periodQ2 2026
- RevenueUSD 1.72B
- Net incomeUSD 191.60M
- Free cash flowUSD 209.40M
Valuation Snapshot
Bullrun's latest valuation model marks Hanover Insurance Group Inc as 2.1% undervalued; latest market cap is USD 7.74B; P/E is 10.6; dividend yield is 1.7%.
Peer valuation comparison
Latest P/E is 10.57x versus a Financial Services sector median of 13.41x (21.2% below).
Latest dividend yield is 1.71% versus a Financial Services sector median of 3.66% (53.2% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 6.59B | USD 662.50M | USD 1.17B | n/a | 18.16 | USD 1.12B | USD 1.22B | USD 3.57B |
| FY2024 | USD 6.24B | USD 426.00M | USD 796.20M | n/a | 11.7 | USD 435.50M | USD 784.10M | USD 2.84B |
| FY2023 | USD 5.99B | USD 35.30M | USD 349.80M | n/a | 0.98 | USD 316.10M | USD 783.20M | USD 2.47B |
| FY2022 | USD 5.47B | USD 116.00M | USD 704.50M | n/a | 3.21 | USD 305.00M | USD 782.40M | USD 2.33B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 7.74B | 10.6 | 1.7% | 3.8 |
| 2025 | 2025-12-31 | USD 6.47B | 10.1 | 2.0% | 3.65 |
| 2024 | 2024-12-31 | USD 5.55B | 13.2 | 2.2% | 3.45 |
| 2023 | 2023-12-29 | USD 4.34B | n/a | 2.7% | 3.28 |
| 2022 | 2022-12-30 | USD 4.81B | 16.8 | 2.3% | 3.06 |
| 2021 | 2021-12-31 | USD 4.65B | 11.4 | 2.2% | 2.85 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.8 USD, yield 1.7%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.65 USD |
| FY2024 | 3.45 USD |
| FY2023 | 3.28 USD |
| FY2022 | 3.06 USD |
About Hanover Insurance Group Inc
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other. The company offers commercial multiple peril, commercial automobile, workers' compensation, and other core commercial coverage;
ETFs that hold Hanover Insurance Group Inc
Hanover Insurance Group Inc is one of the ten largest holdings of 2 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| First Trust SMID Rising Dividend Achievers UCITS ETF Class A USD Acc | 1.03% | 0.60% |
| First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation | 0.43% | 0.70% |
Related stock research
Other Financial Services stocks
Frequently asked questions
Is Hanover Insurance Group Inc overvalued or undervalued?
Bullrun's valuation model currently marks Hanover Insurance Group Inc as 2.1% undervalued.
What is Hanover Insurance Group Inc's market cap?
Hanover Insurance Group Inc's market capitalization is USD 7.74B.
What is Hanover Insurance Group Inc's P/E ratio?
Hanover Insurance Group Inc's price-to-earnings (P/E) ratio is 10.6.
Does Hanover Insurance Group Inc pay a dividend?
Hanover Insurance Group Inc has a dividend yield of 1.7%.
What does Hanover Insurance Group Inc do?
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other.