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Side-by-side financial comparison of SERVICE CORP INTERNATIONAL (SCI) and HANOVER INSURANCE GROUP, INC. (THG). Click either name above to swap in a different company.
HANOVER INSURANCE GROUP, INC. is the larger business by last-quarter revenue ($1.7B vs $1.1B, roughly 1.5× SERVICE CORP INTERNATIONAL). SERVICE CORP INTERNATIONAL runs the higher net margin — 14.3% vs 11.0%, a 3.4% gap on every dollar of revenue. On growth, HANOVER INSURANCE GROUP, INC. posted the faster year-over-year revenue change (6.1% vs 1.7%). Over the past eight quarters, HANOVER INSURANCE GROUP, INC.'s revenue compounded faster (5.2% CAGR vs 3.1%).
International Distribution Services Limited is a British company providing postal and courier services. IDS was created in 2013 by the UK government as a new holding company of Royal Mail, and a majority of its shares were then sold on the London Stock Exchange, with the government initially retaining a 30 per cent at the time. As of April 2025, IDS is owned and operated by Czech-based EP Group, owned by Daniel Křetínský.
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.
SCI vs THG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.7B |
| Net Profit | $159.4M | $186.8M |
| Gross Margin | 28.0% | — |
| Operating Margin | 24.8% | 11.1% |
| Net Margin | 14.3% | 11.0% |
| Revenue YoY | 1.7% | 6.1% |
| Net Profit YoY | 5.3% | 45.7% |
| EPS (diluted) | $1.13 | — |
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.
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.0B | $1.5B |
| Q1 26 | — | $186.8M | ||
| Q4 25 | $159.4M | $198.5M | ||
| Q3 25 | $117.5M | $178.7M | ||
| Q2 25 | $122.9M | $157.1M | ||
| Q1 25 | $142.9M | $128.2M | ||
| Q4 24 | $151.4M | $167.9M | ||
| Q3 24 | $117.8M | $102.1M | ||
| Q2 24 | $118.2M | $40.5M |
| Q1 26 | — | — | ||
| Q4 25 | 28.0% | — | ||
| Q3 25 | 25.1% | — | ||
| Q2 25 | 25.5% | — | ||
| Q1 25 | 27.1% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 24.9% | — | ||
| Q2 24 | 24.9% | — |
| Q1 26 | — | 11.1% | ||
| Q4 25 | 24.8% | 17.3% | ||
| Q3 25 | 21.4% | 14.9% | ||
| Q2 25 | 21.1% | 12.7% | ||
| Q1 25 | 23.4% | 11.6% | ||
| Q4 24 | 24.0% | 16.1% | ||
| Q3 24 | 20.9% | 9.6% | ||
| Q2 24 | 21.4% | 6.2% |
| Q1 26 | — | 11.0% | ||
| Q4 25 | 14.3% | 11.9% | ||
| Q3 25 | 11.1% | 10.7% | ||
| Q2 25 | 11.5% | 9.5% | ||
| Q1 25 | 13.3% | 8.0% | ||
| Q4 24 | 13.8% | 10.6% | ||
| Q3 24 | 11.6% | 6.5% | ||
| Q2 24 | 11.4% | 2.6% |
| Q1 26 | — | — | ||
| Q4 25 | $1.13 | $5.46 | ||
| Q3 25 | $0.83 | $4.90 | ||
| Q2 25 | $0.86 | $4.30 | ||
| Q1 25 | $0.98 | $3.50 | ||
| Q4 24 | $1.02 | $4.60 | ||
| Q3 24 | $0.81 | $2.80 | ||
| Q2 24 | $0.81 | $1.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $243.6M | $243.5M |
| Total DebtLower is stronger | $5.1B | $843.8M |
| Stockholders' EquityBook value | $1.6B | $3.0B |
| Total Assets | $18.7B | $16.5B |
| Debt / EquityLower = less leverage | 3.10× | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $243.5M | ||
| Q4 25 | $243.6M | $1.1B | ||
| Q3 25 | $241.3M | $915.7M | ||
| Q2 25 | $255.4M | $244.1M | ||
| Q1 25 | $227.2M | $315.1M | ||
| Q4 24 | $218.8M | $435.5M | ||
| Q3 24 | $185.4M | $427.1M | ||
| Q2 24 | $184.4M | $337.6M |
| Q1 26 | — | $843.8M | ||
| Q4 25 | $5.1B | $843.3M | ||
| Q3 25 | $5.0B | $843.0M | ||
| Q2 25 | $5.0B | $347.8M | ||
| Q1 25 | $4.7B | $722.5M | ||
| Q4 24 | $4.8B | $722.3M | ||
| Q3 24 | $4.7B | — | ||
| Q2 24 | $4.7B | — |
| Q1 26 | — | $3.0B | ||
| Q4 25 | $1.6B | $3.6B | ||
| Q3 25 | $1.6B | $3.4B | ||
| Q2 25 | $1.6B | $3.2B | ||
| Q1 25 | $1.7B | $3.0B | ||
| Q4 24 | $1.7B | $2.8B | ||
| Q3 24 | $1.6B | $2.9B | ||
| Q2 24 | $1.5B | $2.6B |
| Q1 26 | — | $16.5B | ||
| Q4 25 | $18.7B | $16.9B | ||
| Q3 25 | $18.4B | $16.8B | ||
| Q2 25 | $18.0B | $15.7B | ||
| Q1 25 | $17.3B | $15.5B | ||
| Q4 24 | $17.4B | $15.3B | ||
| Q3 24 | $17.4B | $15.4B | ||
| Q2 24 | $16.8B | $14.9B |
| Q1 26 | — | 0.28× | ||
| Q4 25 | 3.10× | 0.24× | ||
| Q3 25 | 3.17× | 0.25× | ||
| Q2 25 | 3.19× | 0.11× | ||
| Q1 25 | 2.87× | 0.24× | ||
| Q4 24 | 2.83× | 0.25× | ||
| Q3 24 | 2.92× | — | ||
| Q2 24 | 3.05× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $212.9M | — |
| Free Cash FlowOCF − Capex | $87.2M | — |
| FCF MarginFCF / Revenue | 7.8% | — |
| Capex IntensityCapex / Revenue | 11.3% | — |
| Cash ConversionOCF / Net Profit | 1.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $554.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $212.9M | $378.2M | ||
| Q3 25 | $252.3M | $554.4M | ||
| Q2 25 | $166.4M | $206.6M | ||
| Q1 25 | $311.1M | $38.9M | ||
| Q4 24 | $264.1M | $213.5M | ||
| Q3 24 | $263.8M | $394.7M | ||
| Q2 24 | $196.9M | $139.5M |
| Q1 26 | — | — | ||
| Q4 25 | $87.2M | $377.0M | ||
| Q3 25 | $150.7M | $551.4M | ||
| Q2 25 | $83.4M | $204.9M | ||
| Q1 25 | $233.0M | $37.1M | ||
| Q4 24 | $151.8M | $210.5M | ||
| Q3 24 | $162.8M | $392.3M | ||
| Q2 24 | $100.8M | $137.3M |
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 22.6% | ||
| Q3 25 | 14.2% | 33.1% | ||
| Q2 25 | 7.8% | 12.4% | ||
| Q1 25 | 21.7% | 2.3% | ||
| Q4 24 | 13.9% | 13.3% | ||
| Q3 24 | 16.1% | 25.1% | ||
| Q2 24 | 9.7% | 8.9% |
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 0.1% | ||
| Q3 25 | 9.6% | 0.2% | ||
| Q2 25 | 7.8% | 0.1% | ||
| Q1 25 | 7.3% | 0.1% | ||
| Q4 24 | 10.3% | 0.2% | ||
| Q3 24 | 10.0% | 0.2% | ||
| Q2 24 | 9.3% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 1.91× | ||
| Q3 25 | 2.15× | 3.10× | ||
| Q2 25 | 1.35× | 1.32× | ||
| Q1 25 | 2.18× | 0.30× | ||
| Q4 24 | 1.75× | 1.27× | ||
| Q3 24 | 2.24× | 3.87× | ||
| Q2 24 | 1.67× | 3.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SCI
| Cemetery | $510.9M | 46% |
| Funeral Matured Preneed Revenue | $196.5M | 18% |
| Cemetery Recognized Preneed Merchandise And Service Revenue | $107.4M | 10% |
| Cemetery Atneed Revenue | $104.9M | 9% |
| CA | $56.4M | 5% |
| Funeral Other Revenue | $54.6M | 5% |
| Cemetery Other Revenue | $40.2M | 4% |
| Nonfuneral Home Revenue | $28.1M | 3% |
| Non Funeral Home Preneed Sales Revenue | $22.0M | 2% |
THG
| Premiums earned | $1.6B | 92% |
| Other | $124.6M | 7% |
| Fees and other income | $6.2M | 0% |
