HANOVER INSURANCE GROUP, INC. Annual Operating Margin in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Hanover Insurance Group, Inc. quarterly/annual Operating Margin history and growth rate from 2010 to 2023.
  • Hanover Insurance Group, Inc. Operating Margin for the quarter ending September 30, 2024 was 8.96 %.
  • Hanover Insurance Group, Inc. annual Operating Margin for 2023 was 1.76 %, a 66.2% decline from 2022.
  • Hanover Insurance Group, Inc. annual Operating Margin for 2022 was 5.21 %, a 37% decline from 2021.
  • Hanover Insurance Group, Inc. annual Operating Margin for 2021 was 8.27 %, a 17.7% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.76 -3.45 -66.2% Jan 1, 2023 Dec 31, 2023
2022 5.21 -3.06 -37% Jan 1, 2022 Dec 31, 2022
2021 8.27 -1.78 -17.7% Jan 1, 2021 Dec 31, 2021
2020 10.1 +0.77 +8.3% Jan 1, 2020 Dec 31, 2020
2019 9.27 +0.23 +2.54% Jan 1, 2019 Dec 31, 2019
2018 9.04 +1.38 +18% Jan 1, 2018 Dec 31, 2018
2017 7.67 +2.91 +61.2% Jan 1, 2017 Dec 31, 2017
2016 4.76 -4.5 -48.6% Jan 1, 2016 Dec 31, 2016
2015 9.26 +1.24 +15.5% Jan 1, 2015 Dec 31, 2015
2014 8.02 -0.19 -2.32% Jan 1, 2014 Dec 31, 2014
2013 8.21 +6.57 +402% Jan 1, 2013 Dec 31, 2013
2012 1.64 -0.19 -10.4% Jan 1, 2012 Dec 31, 2012
2011 1.83 -5.22 -74.1% Jan 1, 2011 Dec 31, 2011
2010 7.05 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.