Hanover Operating Income from 2010 to 2024

THG Stock  USD 129.59  1.76  1.34%   
Hanover Insurance's Operating Income is decreasing over the last several years with very volatile swings. Operating Income is predicted to flatten to about 1.7 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit The Hanover Insurance generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1995-03-31
Previous Quarter
8.2 M
Current Value
600 K
Quarterly Volatility
77.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hanover Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanover main balance sheet or income statement drivers, such as Interest Expense of 25.5 M, Total Revenue of 4.3 B or Gross Profit of 4.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.014 or PTB Ratio of 0.94. Hanover financial statements analysis is a perfect complement when working with Hanover Insurance Valuation or Volatility modules.
  
This module can also supplement Hanover Insurance's financial leverage analysis and stock options assessment as well as various Hanover Insurance Technical models . Check out the analysis of Hanover Insurance Correlation against competitors.

Latest Hanover Insurance's Operating Income Growth Pattern

Below is the plot of the Operating Income of The Hanover Insurance over the last few years. Operating Income is the amount of profit realized from Hanover Insurance operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of The Hanover Insurance is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Hanover Insurance's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hanover Insurance's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Very volatile
   Operating Income   
       Timeline  

Hanover Operating Income Regression Statistics

Arithmetic Mean297,454,000
Geometric Mean149,240,734
Coefficient Of Variation64.15
Mean Deviation167,422,400
Median333,200,000
Standard Deviation190,804,137
Sample Variance36406.2T
Range518.3M
R-Value(0.07)
Mean Square Error39004.7T
R-Squared0.01
Significance0.80
Slope(3,062,607)
Total Sum of Squares509687.1T

Hanover Operating Income History

20241.7 M
20231.8 M
2022177.3 M
2021520 M
2020441.5 M
2019518.2 M
2018479.6 M

About Hanover Insurance Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hanover Insurance income statement, its balance sheet, and the statement of cash flows. Hanover Insurance investors use historical funamental indicators, such as Hanover Insurance's Operating Income, to determine how well the company is positioned to perform in the future. Although Hanover Insurance investors may use each financial statement separately, they are all related. The changes in Hanover Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hanover Insurance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hanover Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hanover Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income1.8 M1.7 M

Currently Active Assets on Macroaxis

When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:
Check out the analysis of Hanover Insurance Correlation against competitors.
Note that the Hanover Insurance information on this page should be used as a complementary analysis to other Hanover Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Hanover Stock analysis

When running Hanover Insurance's price analysis, check to measure Hanover Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Hanover Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
16.105
Dividend Share
3.28
Earnings Share
0.93
Revenue Per Share
167.885
Quarterly Revenue Growth
0.034
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.