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Side-by-side financial comparison of KINROSS GOLD CORP (KGC) and HANOVER INSURANCE GROUP, INC. (THG). Click either name above to swap in a different company.

KINROSS GOLD CORP is the larger business by last-quarter revenue ($2.5B vs $1.7B, roughly 1.5× HANOVER INSURANCE GROUP, INC.).

Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by InvestingNews. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange.

The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.

KGC vs THG — Head-to-Head

Bigger by revenue
KGC
KGC
1.5× larger
KGC
$2.5B
$1.7B
THG

Income Statement — Q3 FY2023 vs Q1 FY2026

Metric
KGC
KGC
THG
THG
Revenue
$2.5B
$1.7B
Net Profit
$186.8M
Gross Margin
7.3%
Operating Margin
11.1%
Net Margin
11.0%
Revenue YoY
6.1%
Net Profit YoY
45.7%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KGC
KGC
THG
THG
Q1 26
$1.7B
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.5B
Net Profit
KGC
KGC
THG
THG
Q1 26
$186.8M
Q4 25
$198.5M
Q3 25
$178.7M
Q2 25
$157.1M
Q1 25
$128.2M
Q4 24
$167.9M
Q3 24
$102.1M
Q2 24
$40.5M
Operating Margin
KGC
KGC
THG
THG
Q1 26
11.1%
Q4 25
17.3%
Q3 25
14.9%
Q2 25
12.7%
Q1 25
11.6%
Q4 24
16.1%
Q3 24
9.6%
Q2 24
6.2%
Net Margin
KGC
KGC
THG
THG
Q1 26
11.0%
Q4 25
11.9%
Q3 25
10.7%
Q2 25
9.5%
Q1 25
8.0%
Q4 24
10.6%
Q3 24
6.5%
Q2 24
2.6%
EPS (diluted)
KGC
KGC
THG
THG
Q1 26
Q4 25
$5.46
Q3 25
$4.90
Q2 25
$4.30
Q1 25
$3.50
Q4 24
$4.60
Q3 24
$2.80
Q2 24
$1.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KGC
KGC
THG
THG
Cash + ST InvestmentsLiquidity on hand
$418.1M
$243.5M
Total DebtLower is stronger
$751.5M
$843.8M
Stockholders' EquityBook value
$3.0B
Total Assets
$10.4B
$16.5B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KGC
KGC
THG
THG
Q1 26
$243.5M
Q4 25
$1.1B
Q3 25
$915.7M
Q2 25
$244.1M
Q1 25
$315.1M
Q4 24
$435.5M
Q3 24
$427.1M
Q2 24
$337.6M
Total Debt
KGC
KGC
THG
THG
Q1 26
$843.8M
Q4 25
$843.3M
Q3 25
$843.0M
Q2 25
$347.8M
Q1 25
$722.5M
Q4 24
$722.3M
Q3 24
Q2 24
Stockholders' Equity
KGC
KGC
THG
THG
Q1 26
$3.0B
Q4 25
$3.6B
Q3 25
$3.4B
Q2 25
$3.2B
Q1 25
$3.0B
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.6B
Total Assets
KGC
KGC
THG
THG
Q1 26
$16.5B
Q4 25
$16.9B
Q3 25
$16.8B
Q2 25
$15.7B
Q1 25
$15.5B
Q4 24
$15.3B
Q3 24
$15.4B
Q2 24
$14.9B
Debt / Equity
KGC
KGC
THG
THG
Q1 26
0.28×
Q4 25
0.24×
Q3 25
0.25×
Q2 25
0.11×
Q1 25
0.24×
Q4 24
0.25×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KGC
KGC
THG
THG
Operating Cash FlowLast quarter
$649.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KGC
KGC
THG
THG
Q1 26
Q4 25
$378.2M
Q3 25
$554.4M
Q2 25
$206.6M
Q1 25
$38.9M
Q4 24
$213.5M
Q3 24
$394.7M
Q2 24
$139.5M
Free Cash Flow
KGC
KGC
THG
THG
Q1 26
Q4 25
$377.0M
Q3 25
$551.4M
Q2 25
$204.9M
Q1 25
$37.1M
Q4 24
$210.5M
Q3 24
$392.3M
Q2 24
$137.3M
FCF Margin
KGC
KGC
THG
THG
Q1 26
Q4 25
22.6%
Q3 25
33.1%
Q2 25
12.4%
Q1 25
2.3%
Q4 24
13.3%
Q3 24
25.1%
Q2 24
8.9%
Capex Intensity
KGC
KGC
THG
THG
Q1 26
Q4 25
0.1%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
0.1%
Cash Conversion
KGC
KGC
THG
THG
Q1 26
Q4 25
1.91×
Q3 25
3.10×
Q2 25
1.32×
Q1 25
0.30×
Q4 24
1.27×
Q3 24
3.87×
Q2 24
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KGC
KGC

Segment breakdown not available.

THG
THG

Premiums earned$1.6B92%
Other$124.6M7%
Fees and other income$6.2M0%

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