Filing Flows › Hanover Insurance Group (THG) › Operating margin
Hanover Insurance Group (THG) operating margin by quarter
Hanover Insurance Group's operating margin was 14.1% in Q3 2026 (third quarter 2026), -0.5 pts from Q2 2026. Over the last 7 quarters it ranged from 11.6% (Q1 2025) to 17.3% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 14.1% | -0.5 pts | -0.8 pts |
| Q2 2026 | 14.6% | -0.1 pts | +1.9 pts |
| Q1 2026 | 14.7% | -2.6 pts | +3.1 pts |
| Q4 2025 | 17.3% | +2.4 pts | — |
| Q3 2025 | 14.9% | +2.2 pts | — |
| Q2 2025 | 12.7% | +1.1 pts | — |
| Q1 2025 | 11.6% | — | — |
Q3 2026 at a glance
Hanover Insurance Group, Q3 2026: revenue $1.7B (+4% year over year), operating margin 14.1%, net earnings $173M, operating cash flow $520M. The chart follows the revenue to costs, profit and cash.
Questions
What is Hanover Insurance Group's operating margin?
Hanover Insurance Group's operating margin was 14.1% in Q3 2026 (third quarter 2026), -0.5 pts from Q2 2026.
How has Hanover Insurance Group's operating margin changed?
Over the last 7 quarters it ranged from 11.6% (Q1 2025) to 17.3% (Q4 2025).
Q3 2026 results → · How Hanover Insurance Group makes money →