Event-Driven Stocks

HANOVER INSURANCE GROUP, INC.

THG

Other · Large accelerated filer · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 5 good● 1 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$6.59B$6.24B$5.99B$5.47B$5.23B$4.82B
Operating income$933.0M$650.1M$105.6M$285.1M$432.3M$484.7M
Net income$662.5M$426.0M$35.3M$116.0M$418.7M$358.7M
Total assets$16.95B$15.27B$14.61B$14.00B$14.25B$13.44B
Total liabilities$13.37B$12.43B$12.15B$11.66B$11.11B$10.24B
Equity$3.57B$2.84B$2.47B$2.33B$3.14B$3.20B
EPS (diluted)$18.16$11.70$0.98$3.21$11.49$9.42
Shares out.35.9M35.8M35.6M35.5M36.4M38.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
14.1%
Net margin
10.0%
Return on equity
18.5%
Return on assets
3.9%
Return on capital (ROCE)
—
Liabilities / assets
78.9%
Debt / equity
3.74×
Book value / share
$99.41
Revenue growth (YoY)
5.7%
Net income growth (YoY)
55.5%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
−3.0%clean
Piotroski F-Score
6/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
77
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 1 warning● 5 good
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20261.0M3.5+26.9%
Apr 30, 2026818,8713.1-8.7%
Apr 15, 2026896,7932.8+8.0%
Mar 31, 2026830,5282.5-0.7%
Mar 13, 2026836,4583.1+0.3%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗
  • 4May 26, 2026
  • 4May 21, 2026
  • 4May 21, 2026
  • 144May 21, 2026
  • 144May 20, 2026
  • 144May 20, 2026
  • 4May 19, 2026
  • 144May 18, 2026
  • 4May 15, 2026
  • 144May 14, 2026
  • 4May 13, 2026
  • 4May 13, 2026
  • 4May 13, 2026
  • 4May 13, 2026
  • 4May 13, 2026

Event-driven situations (1)

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