Hanover Cost Of Revenue from 2010 to 2024

THG Stock  USD 155.09  1.22  0.78%   
Hanover Insurance's Cost Of Revenue is decreasing over the last several years with slightly volatile swings. Cost Of Revenue is estimated to finish at about -19.7 M this year. During the period from 2010 to 2024 The Hanover Insurance Cost Of Revenue regressed destribution of quarterly values had mean deviationof  1,700,619,111 and mean square error of 1415032.3 T. View All Fundamentals
 
Cost Of Revenue  
First Reported
2000-03-31
Previous Quarter
165.7 M
Current Value
165.3 M
Quarterly Volatility
363.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hanover Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanover Insurance's main balance sheet or income statement drivers, such as Interest Expense of 25.5 M, Total Revenue of 4.3 B or Gross Profit of 4.3 B, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.014 or PTB Ratio of 0.94. Hanover financial statements analysis is a perfect complement when working with Hanover Insurance Valuation or Volatility modules.
  
Check out the analysis of Hanover Insurance Correlation against competitors.

Latest Hanover Insurance's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of The Hanover Insurance over the last few years. Cost of Revenue is found on Hanover Insurance income statement and represents the costs associated with goods and services Hanover Insurance provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Hanover Insurance's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hanover Insurance's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Hanover Cost Of Revenue Regression Statistics

Arithmetic Mean2,532,055,667
Coefficient Of Variation75.75
Mean Deviation1,700,619,111
Median3,420,300,000
Standard Deviation1,918,114,445
Sample Variance3679163T
Range4.6B
R-Value(0.80)
Mean Square Error1415032.3T
R-Squared0.64
Significance0.0003
Slope(343,889,839)
Total Sum of Squares51508282.4T

Hanover Cost Of Revenue History

2024-19.7 M
2023-20.7 M
2020-18 M
20193.8 B
20183.6 B
20173.4 B
20163.3 B

About Hanover Insurance Financial Statements

Hanover Insurance stakeholders use historical fundamental indicators, such as Hanover Insurance's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Hanover Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hanover Insurance's assets and liabilities are reflected in the revenues and expenses on Hanover Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Hanover Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue-20.7 M-19.7 M

Currently Active Assets on Macroaxis

When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:
Check out the analysis of Hanover Insurance Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
10.656
Dividend Share
3.4
Earnings Share
10.1
Revenue Per Share
172.438
Quarterly Revenue Growth
0.032
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.