Hanover Insurance Group
THG
$130.68
Share price
-0.36%
Change (1 day)
11.85%
Change (1 year)
Categories
Operating Margin for Hanover Insurance Group (THG)
Operating Margin as of May 2024 (TTM): 3.25%
According to Hanover Insurance Group's latest financial reports and stock price the company's current Operating Margin is 3.25%. At the end of 2022 the company had an Operating Margin of 3.26%.
Operating Margin history for Hanover Insurance Group from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.26% | -69.34% |
| 2021 | 10.62% | 6.4% |
| 2020 | 9.98% | -12.75% |
| 2019 | 11.44% | 56.97% |
| 2018 | 7.29% | 7.97% |
| 2017 | 6.75% | 35.07% |
| 2016 | 5.00% | -49.63% |
| 2015 | 9.92% | 13.46% |
| 2014 | 8.75% | 6.3% |
| 2013 | 8.23% | 316.89% |
| 2012 | 1.97% | 0.38% |
| 2011 | 1.97% | -70.64% |
| 2010 | 6.70% | -29.94% |
| 2009 | 9.56% | 55.84% |
| 2008 | 6.13% | -56.06% |
| 2007 | 13.96% | 32.1% |
| 2006 | 10.57% | 288.93% |
| 2005 | 2.72% | -54.73% |
| 2004 | 6.00% | 146.36% |
| 2003 | 2.44% | -115.5% |
| 2002 | -15.71% | 776.17% |
| 2001 | -1.79% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 W. R. Berkley WRB | 14.85% | 356.92% | 🇺🇸 USA |
 Selective Insurance SIGI | 8.98% | 176.31% | 🇺🇸 USA |
 American Financial Group
AFG | 15.37% | 372.92% | 🇺🇸 USA |
 Markel MKL | 17.44% | 436.62% | 🇺🇸 USA |
 Warrior Met Coal
HCC | 44.48% | 1,268.62% | 🇺🇸 USA |
 Alleghany Y | 6.49% | 99.69% | 🇺🇸 USA |
 XL Fleet XL | -262.12% | -8,165.23% | 🇺🇸 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.