The Hanover Insurance Group, Inc. (THG)

THG Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 15, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	6,156	5,573	4,342	4,806	4,663	4,257
Market Cap Growth	15.50%	28.34%	-9.64%	3.05%	9.54%	-20.93%
Enterprise Value	6,696	5,930	4,831	5,423	5,273	4,806
PE Ratio	11.34	13.08	123.01	41.43	11.03	11.87
PS Ratio	0.96	0.89	0.72	0.88	0.89	0.88
PB Ratio	1.92	1.96	1.76	2.06	1.48	1.33
P/FCF Ratio	7.26	7.01	12.41	6.82	5.72	6.15
P/OCF Ratio	7.18	6.92	12.01	6.65	5.66	6.02
EV/Sales Ratio	1.05	0.95	0.81	0.99	1.01	1.00
EV/EBITDA Ratio	9.11	10.34	59.27	28.39	9.22	9.49
EV/EBIT Ratio	9.12	10.37	64.24	30.45	9.50	9.85
EV/FCF Ratio	7.89	7.45	13.81	7.70	6.47	6.94
Debt / Equity Ratio	0.24	0.28	0.32	0.34	0.25	0.24
Debt / EBITDA Ratio	1.07	1.37	9.61	4.10	1.37	1.54
Debt / FCF Ratio	0.93	0.99	2.24	1.11	0.96	1.13
Quick Ratio	0.18	0.19	0.18	0.18	0.17	0.16
Current Ratio	0.35	0.38	0.37	0.37	0.37	0.37
Asset Turnover	0.42	0.42	0.42	0.39	0.38	0.37
Return on Equity (ROE)	19.23%	16.03%	1.40%	4.26%	13.23%	11.83%
Return on Assets (ROA)	3.00%	2.39%	0.33%	0.79%	2.51%	2.35%
Return on Capital (ROIC)	12.51%	10.40%	1.48%	3.16%	8.78%	8.08%
Earnings Yield	9.02%	7.64%	0.81%	2.41%	9.07%	8.43%
FCF Yield	13.78%	14.28%	8.06%	14.66%	17.49%	16.27%
Dividend Yield	2.09%	2.27%	2.81%	2.43%	2.38%	2.54%
Payout Ratio	23.69%	29.13%	332.01%	93.88%	24.17%	27.74%
Buyback Yield / Dilution	-0.41%	-0.83%	-0.28%	0.82%	4.46%	6.16%
Total Shareholder Return	1.68%	1.44%	2.53%	3.25%	6.84%	8.69%

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q