Company / Net Income
Hanover Insurance Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$662.5M
FY2025
5-year range
$35.3M / $662.5M
FY2021-FY2025
Trend
+55.5%
vs FY2024
Sector context
#113 of 412
Financials
What the data says
At $663M, Hanover Insurance's net income ranks #113 of 412 in the Financials sector. Net Income has fluctuated over the past 10 years, ranging from $35M in FY2023 to $663M in FY2025.
Based on SEC 10-K filings.
$663M in FY2025 with a 5-year CAGR of +11.1%.
Improved from $35M to $663M over the past 2 years.
Financials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +78.7%
- 5-Year CAGR
- +11.1%
- 10-Year CAGR
- -
Sector benchmark
#113 of 412 in FinancialsTop 27% of 412This company $662.5M Sector average $1.5B
▼
-56.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.1%, indicating consistent growth.
- In FY2025, net income increased 55.5% year-over-year.
- Ranks #113 out of 412 companies in the Financials sector.
- Lowest net income 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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $662.5M | +55.5% |
| FY2024 | $426.0M | +1106.8% |
| FY2023 | $35.3M | -69.6% |
| FY2022 | $116.0M | -72.6% |
| FY2021 | $422.8M | +8.1% |
| FY2020 | $391.0M | -8.0% |
| FY2019 | $425.1M | +174.1% |
| FY2018 | $155.1M | -53.2% |
| FY2017 | $331.5M | +113.7% |
| FY2016 | $155.1M | -53.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026