The Hanover Insurance Group, Inc. (THG)

NYSE: THG · Real-Time Price · USD

230.09

-2.25 (-0.97%)

At close: Jul 30, 2026, 4:00 PM EDT

230.00

-0.09 (-0.04%)

Pre-market: Jul 31, 2026, 5:58 AM EDT

THG Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	755.6	662.5	426	35.3	116	422.8
Depreciation & Amortization	-5.3	-4.6	1.5	6.3	12.9	16.9
Stock-Based Compensation	35.9	35.6	31	31.1	29	22.9
Other Adjustments	45.9	67.2	64.2	15.6	65.4	-95.1
Changes in Receivables	-60.2	-53	-121.7	-110.3	-116.7	-123.4
Changes in Reinsurance Contract Assets	-100	-16.6	61.6	-91.6	-57.2	-32.9
Changes in Deferred Acquisition Costs	-41.7	-40.2	-42	-16	-52.8	-74.5
Changes in Accrued Expenses	85.5	58.9	-8.7	48	3.3	179
Changes in Unearned Premiums	504.2	447.1	331.7	442	784.7	671.8
Changes in Other Operating Activities	43.8	21.2	62.8	1.3	-62.3	-163.8
Operating Cash Flow	1,264	1,178	806.4	361.7	722.3	823.7
Operating Cash Flow Growth	48.03%	46.09%	122.95%	-49.92%	-12.31%	16.41%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Capital Expenditures	-10.6	-7.7	-10.2	-11.9	-17.8	-8
Purchases of Investments	-3,367	-3,386	-3,313	-1,131	-2,085	-2,303
Proceeds from Sale of Investments	2,445	2,728	2,782	914	1,595	1,851
Investing Cash Flow	-931.8	-666.2	-540.9	-228.5	-507.6	-460.2

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Long-Term Debt Issued	-	495	-	-	-	-
Long-Term Debt Repaid	-436.8	-61.8	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-436.8	433.2	-	-	-	-
Issuance of Common Stock	15.3	15.4	16.7	6.5	13.3	20.5
Repurchase of Common Stock	-232.5	-129.2	-26.7	-	-30.8	-162.6
Net Common Stock Issued (Repurchased)	-217.2	-113.8	-10	6.5	-17.5	-142.1
Common Dividends Paid	-132.5	-130.6	-124.1	-117.2	-108.9	-102.2
Other Financing Activities	-18.2	-13.6	-11.4	-11.4	-14.2	-8.9
Financing Cash Flow	-309.7	175.2	-145.5	-122.1	-140.6	-253.2

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Cash Flow	22.2	687.1	120	11.1	74.1	110.3

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	1,253	1,170	796.2	349.8	704.5	815.7
Free Cash Flow Growth	48.33%	47.00%	127.62%	-50.35%	-13.63%	17.76%
FCF Margin	18.52%	17.75%	12.76%	5.84%	12.88%	15.60%
Free Cash Flow Per Share	34.76	32.07	21.87	9.69	19.52	22.41
Levered Free Cash Flow	794.7	1,554	822.7	413.4	726.8	1,011
Unlevered Free Cash Flow	1,322	1,153	848.97	439.39	755.26	1,036

SEC Filings: 10-K · 10-Q