The Hanover Insurance Group Inc (THG) — Cash Flow Quality Index

Latest as of March 2026: 0.64x

The Hanover Insurance Group Inc (THG) has a Cash Flow Quality Index of 0.64x as of March 2026. Operating cash flow of $118.80 Million is below net income of $186.80 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore The Hanover Insurance Group Inc (THG) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

0.64x
Operating CF / Net Income

Operating Cash Flow

$118.80 Million
USD

Net Income

$186.80 Million
USD

Data as of

Mar 2026
Most recent filing

The Hanover Insurance Group Inc Cash Flow Quality Index (1995–2025)

Historical Cash Flow Quality Index for The Hanover Insurance Group Inc across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check The Hanover Insurance Group Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for The Hanover Insurance Group Inc (1995–2025)

Year-by-year earnings quality comparison for The Hanover Insurance Group Inc. For live market cap and the full company financial profile, see market value of The Hanover Insurance Group Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.78x $1.18 Billion $662.50 Million ▼ -6.1%
2024 1.89x $806.40 Million $426.00 Million ▼ -81.5%
2023 10.25x $361.70 Million $35.30 Million ▲ +64.6%
2022 6.23x $722.30 Million $116.00 Million ▲ +216.5%
2021 1.97x $823.70 Million $418.70 Million ▼ -0.3%
2020 1.97x $707.60 Million $358.70 Million ▲ +39.1%
2019 1.42x $602.90 Million $425.10 Million ▲ +0.6%
2018 1.41x $551.30 Million $391.00 Million ▼ -62.7%
2017 3.78x $704.60 Million $186.20 Million ▼ -21.0%
2016 4.79x $743.40 Million $155.10 Million ▲ +257.3%
2015 1.34x $444.70 Million $331.50 Million ▼ -33.0%
2014 2.00x $564.70 Million $282.00 Million ▲ +30.9%
2013 1.53x $383.90 Million $251.00 Million ▼ -82.7%
2012 8.85x $408.20 Million $46.10 Million ▲ +25.8%
2011 7.04x $221.70 Million $31.50 Million ▲ +1189.8%
2010 0.55x $83.60 Million $153.20 Million ▲ +17.5%
2009 0.46x $91.60 Million $197.20 Million ▼ -95.4%
2008 10.17x $209.50 Million $20.60 Million ▲ +3411.6%
2007 0.29x $73.30 Million $253.10 Million ▲ +18.0%
2006 0.25x $41.80 Million $170.30 Million ▼ -78.4%
2004 1.14x $142.40 Million $125.30 Million ▲ +156.7%
2003 -2.01x $-174.30 Million $86.90 Million ▼ -352.2%
2000 0.80x $159.00 Million $199.90 Million ▲ +1705.9%
1999 0.04x $15.20 Million $345.10 Million ▼ -76.6%
1998 0.19x $37.90 Million $201.20 Million ▲ +120.9%
1997 -0.90x $-173.20 Million $192.60 Million ▼ -204.9%
1996 0.86x $156.00 Million $181.90 Million ▼ -2.7%
1995 0.88x $128.70 Million $146.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.