← HANOVER INSURANCE GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $155.1m | $186.2m | $391.0m | $425.1m | $358.7m | $418.7m | $116.0m | $35.3m | $426.0m | $662.5m | — | |
| Depreciation and amortization | $30.7m | $30.1m | $24.6m | $21.6m | $18.2m | $16.9m | $12.9m | $6.3m | $1.5m | — | ($5.3m) | |
| Depreciation, Amortization and Accretion, Net | — | — | — | — | — | — | — | — | — | ($4.6m) | ($5.3m) | |
| Deferred Policy Acquisition Costs, Amortization Expense | $1.0b | $1.1b | $891.8m | $926.7m | $951.0m | $982.7m | $1.1b | $1.2b | $1.2b | $1.3b | — | |
| Deferred Income Tax Expense (Benefit) | ($15.9m) | $41.1m | ($2.7m) | $12.6m | ($23.1m) | $23.8m | ($46.5m) | ($25.0m) | ($18.6m) | $13.8m | $13.6m | |
| Share-based Payment Arrangement, Noncash Expense | $12.0m | $12.3m | $13.4m | $17.4m | $20.1m | $22.9m | $29.0m | $31.1m | $31.0m | $35.6m | $35.9m | |
| Share-based Payment Arrangement, Expense | $12.0m | $12.3m | $14.9m | $17.4m | $20.1m | $22.9m | $29.0m | $31.1m | $31.0m | $35.6m | $35.9m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | $500k | $0 | — | — | — | |
| Other Nonoperating Income (Expense) | $3.0m | ($10.0m) | — | ($3.4m) | ($1.6m) | — | ($500k) | $2.1m | ($2.4m) | — | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $3.0b | $3.1b | $2.7b | $2.9b | $2.8b | $3.1b | $3.6b | $4.1b | $3.8b | $3.7b | — | |
| Net Cash Provided by (Used in) Operating Activities | $737.6m |
$704.6m
-4.47%
|
$551.3m
-21.76%
|
$602.9m
+9.36%
|
$707.6m
+17.37%
|
$823.7m
+16.41%
|
$722.3m
-12.31%
|
$361.7m
-49.92%
|
$806.4m
+122.95%
|
$1.2b
+46.09%
|
$1.3b
+7.27%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $15.7m | $18.6m | $13.1m | $13.3m | $14.9m | $8.0m | $17.8m | $11.9m | $10.2m | $7.7m | ($10.6m) | |
| Gain (Loss) on Sale of Investments | $8.6m | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | $8.6m | $23.7m | ($50.7m) | $109.4m | $5.0m | $123.0m | ($106.5m) | ($32.5m) | — | ($46.4m) | $25.5m | |
| Payments for (Proceeds from) Other Investing Activities | ($12.1m) | $9.5m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($495.4m) | ($506.3m) | $271.3m | ($311.9m) | ($608.8m) | ($460.2m) | ($507.6m) | ($228.5m) | ($540.9m) | ($666.2m) | ($931.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $475.4m | — | $11.6m | $151.1m | $175.8m | — | — | — | — | — | ($436.8m) | |
| Proceeds from Issuance of Long-term Debt | $370.7m | — | — | — | $296.4m | — | — | — | — | — | $495.0m | |
| Gain (Loss) on Extinguishment of Debt | ($88.3m) | — | ($1.9m) | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $105.6m | $37.2m | $57.7m | $563.6m | $212.8m | $162.6m | $30.8m | — | $26.7m | $129.2m | — | |
| Dividends paid | $80.4m | $86.8m | $94.3m | $386.2m | $99.5m | $102.2m | $108.9m | $117.2m | $124.1m | $130.6m | ($132.5m) | |
| Dividends Payable, Current | — | — | $193.4m | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($14.1m) | ($4.1m) | ($3.2m) | ($7.8m) | ($8.5m) | ($8.9m) | ($14.2m) | ($11.4m) | ($11.4m) | ($13.6m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($295.0m) |
($111.7m)
+62.14%
|
($171.0m)
-53.09%
|
($1.1b)
-542.87%
|
($193.9m)
+82.36%
|
($253.2m)
-30.58%
|
($140.6m)
+44.47%
|
($122.1m)
+13.16%
|
($145.5m)
-19.16%
|
$175.2m
+220.41%
|
($309.7m)
-276.77%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($808.3m) | ($95.1m) | $110.3m | $74.1m | $11.1m | — | — | $266.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $53.1m | $47.5m | $47.8m | $37.0m | $33.9m | $33.4m | $33.3m | $33.2m | $33.2m | $33.3m | — | |
| Income Taxes Paid, Net | $29.7m | $51.1m | $57.0m | $113.7m | $97.0m | $74.0m | $107.8m | ($22.1m) | $149.0m | $169.0m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $1.1m | — | — | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($43.4m) | $106.5m | $13.4m | $119.1m | ($63.3m) | ($5.6m) | $14.2m | $19.0m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($3.9m) | $2.8m | ($19.8m) | $2.2m | ($42.7m) | ($11.6m) | — | $600k | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($39.5m) | $103.7m | $33.2m | $116.9m | ($20.6m) | $6.0m | $14.2m | $18.4m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $1.1m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | $131.9m | ($1.2m) | — | — | — | — | — | — | — | |
| Goodwill | $184.8m | $192.6m | $178.8m | $178.8m | $178.8m | $178.8m | $178.8m | $178.8m | $178.8m | $178.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $156.1m | $203.0m | $239.0m | $429.0m | $362.0m | $420.0m | $116.8m | $33.5m | $425.3m | $660.7m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($1.0m) | ($16.8m) | $100k | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $36.2m | $98.5m | $43.5m | $93.1m | $82.8m | $101.3m | $27.2m | $7.6m | $112.5m | $183.1m | — | |
| Insurance Services Revenue | — | — | $4.5b | $4.8b | $4.8b | $5.1b | $5.6b | $6.0b | $6.3b | $6.6b | — | |
| Proceeds from Stock Options Exercised | $16.2m | $23.1m | $14.8m | $14.4m | $6.3m | $20.5m | $13.3m | $6.5m | $16.7m | $15.4m | — | |
| Realized Investment Gains (Losses) | $36.5m | $29.6m | ($2.7m) | $4.9m | $17.9m | $4.6m | ($26.5m) | ($8.9m) | ($84.2m) | ($61.7m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.