The Hanover Insurance Group Inc (THG) — Cash Flow Quality Index
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 THG long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 tangible net worth ratio of The Hanover Insurance Group Inc to evaluate the tangible quality of the company's equity base.
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 THG market cap.
| 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 | — |