Hanover Insurance Group Return on Equity (ROE) Growth & History (THG)
Hanover Insurance Group's return on equity was 20.66% for fiscal 2025.
View full Hanover Insurance Group company overviewHanover Insurance Group annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.66% | +4.61 pp |
| 2024 | 2024-12-31 | 16.05% | +14.58 pp |
| 2023 | 2023-12-31 | 1.47% | −2.77 pp |
| 2022 | 2022-12-31 | 4.24% | −9.10 pp |
| 2021 | 2021-12-31 | 13.34% | +1.62 pp |
| 2020 | 2020-12-31 | 11.73% | −2.76 pp |
| 2019 | 2019-12-31 | 14.48% | +1.34 pp |
| 2018 | 2018-12-31 | 13.14% | +6.78 pp |
| 2017 | 2017-12-31 | 6.36% | +0.92 pp |
| 2016 | 2016-12-31 | 5.44% | −6.22 pp |
| 2015 | 2015-12-31 | 11.66% | +1.28 pp |
| 2014 | 2014-12-31 | 10.37% | +0.70 pp |
| 2013 | 2013-12-31 | 9.67% | +7.47 pp |
| 2012 | 2012-12-31 | 2.20% | +0.71 pp |
| 2011 | 2011-12-31 | 1.49% | −4.81 pp |
| 2010 | 2010-12-31 | 6.31% | −2.98 pp |
| 2009 | 2009-12-31 | 9.29% | — |
Hanover Insurance Group quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.29% | +0.27 pp |
| Q1 2026 | 2026-03-31 | 5.23% | +0.88 pp |
| Q4 2025 | 2025-12-31 | 5.67% | −0.20 pp |
| Q3 2025 | 2025-09-30 | 5.38% | +1.62 pp |
| Q2 2025 | 2025-06-30 | 5.02% | +3.42 pp |
| Q1 2025 | 2025-03-31 | 4.36% | −0.27 pp |
| Q4 2024 | 2024-12-31 | 5.87% | +1.16 pp |
| Q3 2024 | 2024-09-30 | 3.76% | +3.37 pp |
| Q2 2024 | 2024-06-30 | 1.60% | +4.59 pp |
| Q1 2024 | 2024-03-31 | 4.63% | +5.14 pp |
| Q4 2023 | 2023-12-31 | 4.71% | +5.23 pp |
| Q3 2023 | 2023-09-30 | 0.40% | +0.37 pp |
| Q2 2023 | 2023-06-30 | −2.99% | −3.83 pp |
| Q1 2023 | 2023-03-31 | −0.51% | −4.02 pp |
| Q4 2022 | 2022-12-31 | −0.52% | −5.89 pp |
| Q3 2022 | 2022-09-30 | 0.02% | −1.07 pp |
| Q2 2022 | 2022-06-30 | 0.84% | −3.30 pp |
| Q1 2022 | 2022-03-31 | 3.52% | +0.55 pp |
| Q4 2021 | 2021-12-31 | 5.37% | +0.19 pp |
| Q3 2021 | 2021-09-30 | 1.09% | −2.73 pp |
| Q2 2021 | 2021-06-30 | 4.14% | +0.18 pp |
| Q1 2021 | 2021-03-31 | 2.97% | +4.38 pp |
| Q4 2020 | 2020-12-31 | 5.18% | +1.52 pp |
| Q3 2020 | 2020-09-30 | 3.82% | −0.13 pp |
| Q2 2020 | 2020-06-30 | 3.97% | +1.44 pp |
| Q1 2020 | 2020-03-31 | −1.42% | −5.58 pp |
| Q4 2019 | 2019-12-31 | 3.66% | −0.51 pp |
| Q3 2019 | 2019-09-30 | 3.94% | +0.55 pp |
| Q2 2019 | 2019-06-30 | 2.52% | −0.87 pp |
| Q1 2019 | 2019-03-31 | 4.16% | +1.87 pp |
| Q4 2018 | 2018-12-31 | 4.16% | +2.44 pp |
| Q3 2018 | 2018-09-30 | 3.39% | +3.02 pp |
| Q2 2018 | 2018-06-30 | 3.39% | +0.73 pp |
| Q1 2018 | 2018-03-31 | 2.29% | +0.72 pp |
| Q4 2017 | 2017-12-31 | 1.73% | +2.18 pp |
| Q3 2017 | 2017-09-30 | 0.37% | −2.55 pp |
| Q2 2017 | 2017-06-30 | 2.66% | +2.60 pp |
| Q1 2017 | 2017-03-31 | 1.57% | −1.13 pp |
| Q4 2016 | 2016-12-31 | −0.46% | −3.17 pp |
| Q3 2016 | 2016-09-30 | 2.92% | +0.21 pp |
| Q2 2016 | 2016-06-30 | 0.07% | −4.09 pp |
| Q1 2016 | 2016-03-31 | 2.70% | +0.78 pp |
| Q4 2015 | 2015-12-31 | 2.71% | −0.49 pp |
| Q3 2015 | 2015-09-30 | 2.71% | +0.73 pp |
| Q2 2015 | 2015-06-30 | 4.16% | +1.14 pp |
| Q1 2015 | 2015-03-31 | 1.91% | −0.16 pp |
| Q4 2014 | 2014-12-31 | 3.20% | +0.47 pp |
| Q3 2014 | 2014-09-30 | 1.97% | −0.46 pp |
| Q2 2014 | 2014-06-30 | 3.02% | +0.93 pp |
| Q1 2014 | 2014-03-31 | 2.07% | −0.47 pp |
| Q4 2013 | 2013-12-31 | 2.73% | +4.81 pp |
| Q3 2013 | 2013-09-30 | 2.43% | +0.91 pp |
| Q2 2013 | 2013-06-30 | 2.09% | +1.29 pp |
| Q1 2013 | 2013-03-31 | 2.54% | +0.57 pp |
| Q4 2012 | 2012-12-31 | −2.08% | −4.10 pp |
| Q3 2012 | 2012-09-30 | 1.52% | +1.93 pp |
| Q2 2012 | 2012-06-30 | 0.80% | +2.11 pp |
| Q1 2012 | 2012-03-31 | 1.96% | +0.77 pp |
| Q4 2011 | 2011-12-31 | 2.02% | −0.36 pp |
| Q3 2011 | 2011-09-30 | −0.41% | −2.57 pp |
| Q2 2011 | 2011-06-30 | −1.31% | −1.40 pp |
| Q1 2011 | 2011-03-31 | 1.20% | — |
| Q4 2010 | 2010-12-31 | 2.38% | — |
| Q3 2010 | 2010-09-30 | 2.17% | — |
| Q2 2010 | 2010-06-30 | 0.10% | — |
Hanover Insurance Group return on equity trends
Over the last five fiscal years, Hanover Insurance Group's return on equity increased from 11.73% to 20.66%, a change of +8.93 percentage points. The latest reported quarter, Q2 2026, shows 5.29%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hanover Insurance Group source filings ↗