HANOVER INSURANCE GROUP, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that HANOVER INSURANCE GROUP, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.59B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $6.24B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $5.99B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $5.47B | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $5.23B | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $1.30B | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | $1.25B | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | $1.22B | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | $1.06B | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | $1.26B | Feb 24, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $662.50M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $426.00M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $35.30M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $116.00M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $422.80M | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $164.60M | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | $118.90M | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | $115.20M | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | ($40.00M) | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | $109.80M | Feb 24, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $933.00M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $650.10M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $105.60M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $285.10M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $432.30M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $484.70M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $453.60M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $406.50M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $327.30M | Feb 24, 2020 |
| FY2018 | Dec 31, 2016 | $192.90M | Feb 22, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.18B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $806.40M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $361.70M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $722.30M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $823.70M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $707.60M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $602.90M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $551.30M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $704.60M | Feb 24, 2020 |
| FY2018 | Dec 31, 2016 | $743.40M | Feb 22, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.70M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $10.20M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $11.90M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $17.80M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $8.00M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $14.90M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $13.30M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $13.10M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $18.60M | Feb 24, 2020 |
| FY2018 | Dec 31, 2016 | $15.70M | Feb 22, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $16.95B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $15.27B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $14.61B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $14.00B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $14.25B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $13.44B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $12.49B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $12.40B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $15.47B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $14.22B | Feb 27, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $13.37B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $12.43B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $12.15B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $11.66B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $11.11B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $10.24B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $9.57B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $9.45B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $12.47B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $11.36B | Feb 27, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.57B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $2.84B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $2.47B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $2.33B | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $3.14B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $3.20B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $2.92B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $2.95B | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $3.00B | Feb 24, 2020 |
| FY2018 | Dec 31, 2016 | $2.86B | Feb 22, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $178.80M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $178.80M | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $178.80M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $178.80M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $178.80M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $178.80M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $178.80M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $178.80M | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $178.80M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $184.80M | Feb 27, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.74B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $3.21B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $2.91B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $2.99B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $2.98B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $2.67B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $2.41B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $2.18B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $1.98B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $1.88B | Feb 27, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.12B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $435.50M | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $316.10M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $305.00M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $230.90M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $120.60M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $215.70M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $1.02B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $297.90M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $282.60M | Feb 27, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $843.30M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $722.30M | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $783.20M | Feb 24, 2025 |
| FY2019 | Dec 31, 2019 | $653.40M | Feb 24, 2020 |
| FY2019 | Dec 31, 2018 | $777.90M | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $786.90M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $786.40M | Feb 27, 2018 |
| FY2016 | Dec 31, 2015 | $803.10M | Feb 22, 2017 |
| FY2015 | Dec 31, 2014 | $903.50M | Feb 25, 2016 |
| FY2014 | Dec 31, 2013 | $903.90M | Feb 24, 2015 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 18 | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 11 | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | 11 | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | 4 | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | 3 | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | 3 | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | (1) | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | 2 | Feb 24, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 18 | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 11 | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | 11 | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | 4 | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | 3 | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | 3 | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | (1) | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | 2 | Feb 24, 2021 |