The Hanover Insurance Group, Inc. (THG)

THG Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	5,732	5,663	5,252	4,770	4,527	4,475
Total Interest & Dividend Income	309.2	302.1	260.6	242.5	248.4	261.6
Gain (Loss) on Sale of Investments	-4	-32.5	-106.5	123	5	109.4
Other Revenue	64	60.8	62.2	92.1	44	45.2
Total Revenue	6,101	5,994	5,469	5,228	4,825	4,891
Revenue Growth (YoY)	9.30%	9.60%	4.61%	8.35%	-1.35%	8.82%
Policy Benefits	4,052	4,135	3,623	3,134	2,845	2,866
Other Operating Expenses	624.3	607.7	573.9	555.6	540.5	538.9
Total Operating Expenses	5,863	5,918	5,291	4,673	4,337	4,331
Operating Income	238	75.2	178.1	555.3	488.1	559.6
Interest Expense	-34.1	-34.1	-34.1	-34	-37.1	-37.5
EBT Excluding Unusual Items	203.9	41.1	144	521.3	451	522.1
Other Unusual Items	-	-	-	-	-6.2	-
Pretax Income	203.9	41.1	144	521.3	444.8	522.1
Income Tax Expense	42.9	7.6	27.2	101.3	82.8	93.1
Earnings From Continuing Operations	161	33.5	116.8	420	362	429
Earnings From Discontinued Operations	1.8	1.8	-0.8	2.8	-3.3	-3.9
Net Income to Common Shareholders	162.8	35.3	116	422.8	358.7	425.1
Net Income Growth	-	-69.57%	-72.56%	17.87%	-15.62%	8.72%
Basic Shares Outstanding	36	36	36	36	38	40
Diluted Shares Outstanding	36	36	36	36	38	41
Shares Change (YoY)	1.82%	-	-0.82%	-4.46%	-6.16%	-5.58%
EPS (Basic)	4.55	0.99	3.26	11.78	9.51	10.63
EPS (Diluted)	4.49	0.98	3.21	11.60	9.42	10.46
EPS Growth	-	-69.45%	-72.34%	23.11%	-9.98%	15.05%
Dividend Per Share	3.320	3.280	3.060	2.850	2.650	2.450
Dividend Growth	6.41%	7.19%	7.37%	7.55%	8.16%	10.36%
EBITDA	242.9	81.5	191	572.2	506.3	581.2
Effective Tax Rate	21.04%	18.49%	18.89%	19.43%	18.62%	17.83%
Revenue as Reported	6,101	5,994	5,469	5,228	4,825	4,891

Source: S&P Capital IQ. Insurance template.