Mercury General vs Hanover Insurance Group
Mercury General and Hanover Insurance Group are similar in size: $5.99bn and $6.59bn of revenue in their latest fiscal years. Mercury General grew faster (9.4% against 5.7%). Hanover Insurance Group kept more of each dollar of sales as profit: a net margin of 10.0% against 9.0%. Mercury General carries less debt relative to equity (23.8% against 34.1%).
| Latest fiscal year | Mercury GeneralMCY, 2025 | Hanover Insurance GroupTHG, 2025 |
|---|---|---|
| Revenue | $5.99bn | $6.59bn |
| Revenue growth | 9.4% | 5.7% |
| Net income | $541m | $663m |
| Operating margin | — | 14.1% |
| Net margin | 9.0% | 10.0% |
| Return on equity | 24.8% | 20.7% |
| Free cash flow | $1.03bn | $1.17bn |
| Cash | $1.32bn | $1.12bn |
| Total debt | $575m | $1.22bn |
| Debt to equity | 23.8% | 34.1% |
| Dividend per share | $1.27 | — |
| Dividend yield | 1.2% | 1.5% |
| Share buybacks | — | $129m |
| Employees | 4,300 | 4,900 |
| Market value | $5.75bn | $8.82bn |
| Price vs our value range | — | — |
| Moat score | 56 (Moderate) | 60 (Moderate) |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 30 sales |