Company / Free Cash Flow
Hanover Insurance Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$1.2B
FY2025
5-year range
$349.8M / $1.2B
FY2021-FY2025
Trend
+47.0%
vs FY2024
Sector context
#53 of 302
Financials
What the data says
Hanover Insurance's free cash flow of $1.2B is higher than 82% of companies in the Financials sector (FY2025). Free Cash Flow has fluctuated over the past 10 years, ranging from $350M in FY2023 to $1.2B in FY2025.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +16.8%. Top quartile in the Financials sector.
Improved from $350M to $1.2B over the past 2 years.
Financials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +18.4%
- 5-Year CAGR
- +16.8%
- 10-Year CAGR
- -
Sector benchmark
+81.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +16.8%, indicating consistent growth.
- In FY2025, free cash flow increased 47.0% year-over-year.
- Ranks #53 out of 302 companies in the Financials sector.
- Lowest free cash flow in the period was in FY2023.
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 | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +47.0% |
| FY2024 | $796.2M | +127.6% |
| FY2023 | $349.8M | -50.3% |
| FY2022 | $704.5M | -13.6% |
| FY2021 | $815.7M | +51.6% |
| FY2020 | $538.2M | -8.7% |
| FY2019 | $589.6M | -19.0% |
| FY2018 | $727.7M | +71.1% |
| FY2017 | $425.2M | -41.6% |
| FY2016 | $727.7M | +71.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026