Company / Depreciation & Amortization
Hanover Insurance Depreciation & Amortization History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$1.5M
FY2024
5-year range
$1.5M / $16.9M
FY2020-FY2024
Trend
-76.2%
vs FY2023
Sector context
#272 of 282
Financials
What the data says
Among 282 Financials companies, Hanover Insurance is in the top 4% for depreciation & amortization. Depreciation & Amortization has declined for 4 consecutive years, from $25M in FY2020 to $2M in FY2024.
Based on SEC 10-K filings.
$2M in FY2024 with a 5-year CAGR of -41.3%.
Improved from $13M to $2M over the past 2 years.
Financials sector context is included.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- -55.4%
- 5-Year CAGR
- -41.3%
- 10-Year CAGR
- -
Sector benchmark
Top 4% in FinancialsTop 4% of 282This company $1.5M Sector average $210.1M
▼
-99.3% below sector average
Key checks
Key Insights
- Hanover Insurance's depreciation & amortization has declined for 4 consecutive years.
- 5-year CAGR of -41.3%, indicating a declining trend.
- In FY2024, depreciation & amortization decreased 76.2% year-over-year.
- Ranks #272 out of 282 companies in the Financials sector.
Company context
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.
Annual data
| Year | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.5M | -76.2% |
| FY2023 | $6.3M | -51.2% |
| FY2022 | $12.9M | -23.7% |
| FY2021 | $16.9M | -31.3% |
| FY2020 | $24.6M | +13.9% |
| FY2019 | $21.6M | -29.6% |
| FY2018 | $30.7M | +1.7% |
| FY2017 | $30.2M | -1.6% |
| FY2016 | $30.7M | +1.7% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026