Hanover Insurance Group Balance Sheet
NYSE: THGFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hanover Insurance Group financial position
At the end of fiscal 2025, Hanover Insurance Group reported total assets of $16.95 billion, up 10.9% from a year earlier against total liabilities of $13.37 billion. Shareholders' equity stood at $3.57 billion, or 21.1% of assets. The company held $1.12 billion in cash and equivalents against $1.22 billion of debt, a net debt position of $95.6 million.
Debt-to-equity was 0.34.
Summary generated from market data by MetaCap's automated system. Methodology
Hanover Insurance Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.12B | 435.50M | 316.10M | 305.00M | 230.90M | 120.60M | 215.70M | 1.02B | 297.90M | 147.30M |
| Goodwill | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 184.80M |
| Intangible Assets | 18.00M | 15.80M | 15.50M | 15.50M | 16.00M | — | — | — | — | — |
| Total Assets | 16.95B | 15.27B | 14.61B | 14.00B | 14.25B | 13.44B | 12.49B | 12.40B | 15.47B | 14.22B |
| Short-Term Debt | 375.00M | 61.80M | — | — | — | — | — | — | — | — |
| Long-Term Debt | 843.30M | 722.30M | 783.20M | — | — | — | 653.40M | 777.90M | 786.90M | 786.40M |
| Total Liabilities | 13.37B | 12.43B | 12.15B | 11.66B | 11.11B | 10.24B | 9.57B | 9.45B | 12.47B | 11.36B |
| Shareholders' Equity | 3.57B | 2.84B | 2.47B | 2.33B | 3.14B | 3.20B | 2.92B | 2.95B | 3.00B | 2.86B |
| Retained Earnings | 3.74B | 3.21B | 2.91B | 2.99B | 2.98B | 2.67B | 2.41B | 2.18B | 1.98B | 1.88B |
| Total Debt | 1.22B | 784.10M | 783.20M | — | — | — | 653.40M | 777.90M | 786.90M | 786.40M |
| Net Cash (Debt) | -95.60M | -348.60M | -467.10M | 305.00M | 230.90M | 120.60M | -437.70M | 242.80M | -489.00M | -639.10M |
This table shows 10 annual periods of Hanover Insurance Group's balance sheet, from FY 2025 back to FY 2016, across 11 line items including cash & equivalents, goodwill, intangible assets. Values in USD; B = billions, M = millions. Fiscal periods follow THG's reporting calendar. What is a balance sheet?