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

Latest as of June 2026: 1.11x

The Hanover Insurance Group Inc (THG) has a Cash Flow Quality Index of 1.11x as of June 2026. Operating cash flow of $212.30 Million exceeds net income of $191.60 Million, indicating high earnings quality where cash backs reported profits. Explore THG operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.11x
Operating CF / Net Income

Operating Cash Flow

$212.30 Million
USD

Net Income

$191.60 Million
USD

Data as of

Jun 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. For the full cash flow conversion analysis, see THG cash flow metrics.

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.

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.