Hanover Insurance Return On Tangible Equity 2010-2025 | THG
- Hanover Insurance average return on tangible equity for 2024 was 12.99, a 882.53% increase from 2023.
- Hanover Insurance average return on tangible equity for 2023 was -1.66, a 115.1% decline from 2022.
- Hanover Insurance average return on tangible equity for 2022 was 10.99, a 29.73% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.