Hanover Insurance Cash Flow Statement
THG / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Hanover Insurance generated $1.2B in operating cash flow and $1.2B in free cash flow in FY2025. Free cash flow margin was 17.7% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.86 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $662.5M | $426.0M | $35.3M | $116.0M | $422.8M | $358.7M | $425.1M | $391.0M | $186.2M | $155.1M | $331.5M | $282.0M | $251.0M | $55.9M | $36.7M |
| Depreciation & Amortization | - | $1.5M | $6.3M | $12.9M | $16.9M | $18.2M | $21.6M | $24.6M | $30.1M | $30.7M | $30.2M | $33.5M | $35.0M | $35.6M | $26.7M |
| Operating Cash Flow | $1.2B | $806.4M | $361.7M | $722.3M | $823.7M | $707.6M | $602.9M | $551.3M | $704.6M | $743.4M | $444.7M | $564.7M | $383.9M | $408.2M | $221.7M |
| Capital Expenditures | $7.7M | $10.2M | $11.9M | $17.8M | $8.0M | $14.9M | $13.3M | $13.1M | $18.6M | $15.7M | $19.5M | $11.2M | $22.9M | $21.3M | $16.5M |
| Free Cash Flow | $1.2B | $796.2M | $349.8M | $704.5M | $815.7M | $692.7M | $589.6M | $538.2M | $686.0M | $727.7M | $425.2M | $553.5M | $361.0M | $386.9M | $205.2M |
| Share Buybacks | $129.2M | $26.7M | $0 | $30.8M | $162.6M | $212.8M | $563.6M | $57.7M | $37.2M | $105.6M | $127.3M | $20.4M | $78.2M | $20.0M | $21.7M |
| Dividends Paid | $130.6M | $124.1M | $117.2M | $108.9M | $102.2M | $99.5M | $386.2M | $94.3M | $86.8M | $80.4M | $74.2M | $67.0M | $60.0M | $55.1M | $50.9M |
| FCF Margin | 17.8% | 12.8% | 5.8% | 12.9% | 15.6% | 14.4% | 12.1% | 12.0% | 16.1% | 17.9% | 8.5% | 10.9% | 7.5% | 8.4% | 5.2% |