The Hanover Insurance Group, Inc. (THG)
NYSE: THG · Real-Time Price · USD
171.22
+2.38 (1.41%)
Mar 23, 2026, 4:00 PM EDT - Market closed

THG Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
662.542635.3116422.8
Depreciation & Amortization
-4.61.56.312.916.9
Stock-Based Compensation
35.63131.12922.9
Other Adjustments
67.264.215.665.4-95.1
Changes in Receivables
-53-121.7-110.3-116.7-123.4
Changes in Reinsurance Contract Assets
-16.661.6-91.6-57.2-32.9
Changes in Deferred Acquisition Costs
-40.2-42-16-52.8-74.5
Changes in Accrued Expenses
58.9-8.7483.3179
Changes in Unearned Premiums
447.1331.7442784.7671.8
Changes in Other Operating Activities
21.262.81.3-62.3-163.8
Operating Cash Flow
1,178806.4361.7722.3823.7
Operating Cash Flow Growth
46.09%122.95%-49.92%-12.31%16.41%
Capital Expenditures
-7.7-10.2-11.9-17.8-8
Purchases of Investments
-3,386-3,313-1,131-2,085-2,303
Proceeds from Sale of Investments
2,7282,7829141,5951,851
Investing Cash Flow
-666.2-540.9-228.5-507.6-460.2
Long-Term Debt Issued
495----
Long-Term Debt Repaid
-61.8----
Net Long-Term Debt Issued (Repaid)
433.2----
Issuance of Common Stock
15.416.76.513.320.5
Repurchase of Common Stock
-129.2-26.7--30.8-162.6
Net Common Stock Issued (Repurchased)
-113.8-106.5-17.5-142.1
Common Dividends Paid
-130.6-124.1-117.2-108.9-102.2
Other Financing Activities
-13.6-11.4-11.4-14.2-8.9
Financing Cash Flow
175.2-145.5-122.1-140.6-253.2
Net Cash Flow
687.112011.174.1110.3
Free Cash Flow
1,170796.2349.8704.5815.7
Free Cash Flow Growth
47.00%127.62%-50.35%-13.63%17.76%
FCF Margin
17.75%12.76%5.84%12.88%15.60%
Free Cash Flow Per Share
32.0721.879.6919.5222.41
Levered Free Cash Flow
1,554822.7413.4726.81,011
Unlevered Free Cash Flow
1,153848.97439.39755.261,036
Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.
SEC Filings: 10-K · 10-Q