Hanover Insurance Group
THG
#2407
Rank
HK$46.42 B
Marketcap
HK$1,292
Share price
-1.70%
Change (1 day)
26.60%
Change (1 year)

Operating Margin for Hanover Insurance Group (THG)

Operating Margin as of March 2025 (TTM): 9.19%

According to Hanover Insurance Group's latest financial reports and stock price the company's current Operating Margin is 9.19%. At the end of 2024 the company had an Operating Margin of 9.20%.

Operating Margin history for Hanover Insurance Group from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20249.20%629.52%
20231.26%-61.53%
20223.28%-69.54%
202110.76%7.38%
202010.02%-12.76%
201911.49%57.61%
20187.29%-7.99%
20177.92%173.55%
20162.90%-70.84%
20159.93%13.42%
20148.76%6.44%
20138.23%316.89%
20121.97%1.3%
20111.95%-75.95%
20108.10%-15.24%
20099.56%55.84%
20086.13%-57.84%
200714.55%37.66%
200610.57%288.93%
20052.72%-54.73%
20046.00%182.17%
20032.13%-52.5%
20024.48%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.30%-42.33%๐Ÿ‡บ๐Ÿ‡ธ USA
-262.12%-2,952.23%๐Ÿ‡บ๐Ÿ‡ธ USA
16.53% 79.87%๐Ÿ‡บ๐Ÿ‡ธ USA
6.49%-29.38%๐Ÿ‡บ๐Ÿ‡ธ USA
13.57% 47.66%๐Ÿ‡บ๐Ÿ‡ธ USA
21.71% 136.24%๐Ÿ‡บ๐Ÿ‡ธ USA
18.87% 105.33%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.