Hanover Insurance Group Cash Flow Statement
NYSE: THGFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hanover Insurance Group free cash flow
In fiscal 2025, Hanover Insurance Group generated $1.18 billion of operating cash flow and spent $7.7 million on capital expenditures. That left free cash flow of $1.17 billion, a free-cash-flow margin of 17.7% of revenue. Free cash flow was up 47.0% from the prior year's $796.2 million.
Hanover Insurance Group returned $259.8 million to shareholders: $130.6 million in dividends and $129.2 million in share repurchases, equal to 22% of free cash flow. Free cash flow covered dividend payments 9.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Hanover Insurance Group cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 662.50M | 426.00M | 35.30M | 116.00M | 422.80M | 358.70M | 425.10M | 391.00M | 186.20M | 155.10M |
| Net Income growth (YoY) | +55.52% | +1106.80% | -69.57% | -72.56% | +17.87% | -15.62% | +8.72% | +109.99% | +20.05% | -53.21% |
| Depreciation & Amortization | -4.60M | 1.50M | 6.30M | 12.90M | 16.90M | 18.20M | 21.60M | 24.60M | 30.10M | 30.70M |
| Stock-Based Compensation | 35.60M | 31.00M | 31.10M | 29.00M | 22.90M | 20.10M | 17.40M | 13.40M | 12.30M | 12.00M |
| Change in Working Capital | 58.90M | -8.70M | 48.00M | 3.30M | 179.00M | 67.50M | 11.00M | 4.60M | -500.00K | 12.70M |
| Operating Cash Flow | 1.18B | 806.40M | 361.70M | 722.30M | 823.70M | 707.60M | 602.90M | 551.30M | 704.60M | 743.40M |
| Capital Expenditures | -7.70M | -10.20M | -11.90M | -17.80M | -8.00M | -14.90M | -13.30M | -13.10M | -18.60M | -15.70M |
| Investing Cash Flow | -666.20M | -540.90M | -228.50M | -507.60M | -460.20M | -608.80M | -311.90M | 271.30M | -506.30M | -495.40M |
| Dividends Paid | -130.60M | -124.10M | -117.20M | -108.90M | -102.20M | -99.50M | -386.20M | -94.30M | -86.80M | -80.40M |
| Share Repurchases | -129.20M | -26.70M | 0 | -30.80M | -162.60M | -212.80M | -563.60M | -57.70M | -37.20M | -105.60M |
| Debt Issued | 495.00M | 0 | 0 | — | — | 296.40M | — | — | — | 370.70M |
| Debt Repaid | -61.80M | 0 | 0 | — | — | -175.80M | -151.10M | -11.60M | — | -475.40M |
| Financing Cash Flow | 175.20M | -145.50M | -122.10M | -140.60M | -253.20M | -193.90M | -1.10B | -171.00M | -111.70M | -300.80M |
| Net Change in Cash | — | — | 11.10M | 74.10M | 110.30M | -95.10M | -808.30M | 647.60M | 93.80M | -56.20M |
| Free Cash Flow | 1.17B | 796.20M | 349.80M | 704.50M | 815.70M | 692.70M | 589.60M | 538.20M | 686.00M | 727.70M |
This table shows 10 annual periods of Hanover Insurance Group's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow THG's reporting calendar. What is a cash flow statement?