The Hanover Insurance Group
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Hanover Insurance Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $5,993,500,000. Profit margin reached 1%. Total operating expenses were $5,963,500,000.

Profit Margin

The Hanover Insurance Group, Inc. (NYSE:THG): Profit margin
2014 5.06B 282M 5.56%
2015 5.03B 331.5M 6.59%
2016 4.94B 155.1M 3.14%
2017 5.18B 186.2M 3.59%
2018 4.49B 391M 8.7%
2019 4.89B 425.1M 8.69%
2020 4.82B 358.7M 7.43%
2021 5.22B 422.8M 8.09%
2022 5.46B 116M 2.12%
2023 5.99B 35.3M 0.59%

THG Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
5.99B5.46B5.22B4.82B4.89B4.49B5.18B4.94B5.03B5.06B
Cost of revenue
-18M000000000
Gross profit
6.01B5.46B5.22B4.82B4.89B4.49B5.18B4.94B5.03B5.06B
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
5.96B573.9M-4.70B-4.38B-4.37B-4.01B-4.85B-4.69B-4.53B-4.62B
Operating income
48M177.3M520M441.5M518.2M479.6M333.2M246.2M500.2M442.9M
Other income (expenses), net
-6.9M-33.3M1.3M-4.38B3.9M-197.1M-3.97B-53.9M-4.59B95.7M
Income before tax
41.1M144M521.3M444.8M522.1M282.5M301.5M192.3M439.4M378M
Income tax expense
7.6M27.2M101.3M82.8M93.1M43.5M98.5M36.2M108.6M95.7M
Net income
35.3M116M422.8M358.7M425.1M391M186.2M155.1M331.5M282M
Earnings per share
Basic EPS
0.993.2611.669.5110.639.244.383.637.716.42
Diluted EPS
0.983.2111.59.4110.479.094.333.597.46.28
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