Hanover Insurance Group
THG
£134.97
Share price
0.65%
Change (1 day)
29.38%
Change (1 year)
Categories
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 |
|---|---|---|
| 2024 | 9.20% | 629.52% |
| 2023 | 1.26% | -61.53% |
| 2022 | 3.28% | -69.54% |
| 2021 | 10.76% | 7.38% |
| 2020 | 10.02% | -12.76% |
| 2019 | 11.49% | 57.61% |
| 2018 | 7.29% | -7.99% |
| 2017 | 7.92% | 173.55% |
| 2016 | 2.90% | -70.84% |
| 2015 | 9.93% | 13.42% |
| 2014 | 8.76% | 6.44% |
| 2013 | 8.23% | 316.89% |
| 2012 | 1.97% | 1.3% |
| 2011 | 1.95% | -75.95% |
| 2010 | 8.10% | -15.24% |
| 2009 | 9.56% | 55.84% |
| 2008 | 6.13% | -57.84% |
| 2007 | 14.55% | 37.66% |
| 2006 | 10.57% | 288.93% |
| 2005 | 2.72% | -54.73% |
| 2004 | 6.00% | 182.17% |
| 2003 | 2.13% | -52.5% |
| 2002 | 4.48% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 | 5.30% | -42.33% | 🇺🇸 USA |
 | -262.12% | -2,952.23% | 🇺🇸 USA |
 | 17.46% | 89.99% | 🇺🇸 USA |
 | 6.49% | -29.38% | 🇺🇸 USA |
 | 14.49% | 57.67% | 🇺🇸 USA |
 | 21.71% | 136.24% | 🇺🇸 USA |
 | 18.87% | 105.33% | 🇺🇸 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.