How do HANOVER INSURANCE GROUP, INC. and V F CORP compare by revenue?

HANOVER INSURANCE GROUP, INC. reported revenue of $1.7B in Q1 FY2026, while V F CORP reported $2.9B in Q3 FY2026. V F CORP is 1.7× larger by last-quarter revenue.

Which is growing revenue faster, HANOVER INSURANCE GROUP, INC. or V F CORP?

HANOVER INSURANCE GROUP, INC.'s latest revenue grew 6.1% year-over-year, versus 1.5% for V F CORP. HANOVER INSURANCE GROUP, INC. is growing faster on a YoY basis.

Which has a higher net margin, HANOVER INSURANCE GROUP, INC. or V F CORP?

HANOVER INSURANCE GROUP, INC.'s net margin is 11.0% vs V F CORP's 10.5%. HANOVER INSURANCE GROUP, INC. has the higher bottom-line margin.

What is the 2-year revenue CAGR for HANOVER INSURANCE GROUP, INC. vs V F CORP?

Over the trailing 8 quarters, HANOVER INSURANCE GROUP, INC. compounded revenue at roughly 5.2% per year, versus 10.1% for V F CORP. V F CORP has the faster medium-term growth trajectory.

Where does this THG vs VFC data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

vs

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

V F CORP is the larger business by last-quarter revenue ($2.9B vs $1.7B, roughly 1.7× HANOVER INSURANCE GROUP, INC.). HANOVER INSURANCE GROUP, INC. runs the higher net margin — 11.0% vs 10.5%, a 0.5% gap on every dollar of revenue. On growth, HANOVER INSURANCE GROUP, INC. posted the faster year-over-year revenue change (6.1% vs 1.5%). Over the past eight quarters, V F CORP's revenue compounded faster (10.1% CAGR vs 5.2%).

HANOVER INSURANCE GROUP, INC.THGEarnings & Financial Report

NYSE · Financials · Fire, Marine & Casualty Insurance

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.

V F CORPVFCEarnings & Financial Report

NYSE · Consumer Discretionary · Men's & Boys' Furnishgs, Work Clothg, & Allied Garments

The F. W. Woolworth Company was a retail company and one of the pioneers of the five-and-dime store. It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores worldwide follow today.

THG vs VFC — Head-to-Head

Bigger by revenue

VFC

1.7× larger

$2.9B

$1.7B

Growing faster (revenue YoY)

THG

+4.6% gap

6.1%

1.5%

Higher net margin

THG

0.5% more per $

11.0%

10.5%

Faster 2-yr revenue CAGR

VFC

Annualised

10.1%

5.2%

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric	THG	VFC
Revenue	$1.7B	$2.9B
Net Profit	$186.8M	$300.8M
Gross Margin	—	56.6%
Operating Margin	11.1%	10.1%
Net Margin	11.0%	10.5%
Revenue YoY	6.1%	1.5%
Net Profit YoY	45.7%	79.3%
EPS (diluted)	—	$0.76

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

THG

VFC

Q1 26	$1.7B	—
Q4 25	$1.7B	$2.9B
Q3 25	$1.7B	$2.8B
Q2 25	$1.7B	$1.8B
Q1 25	$1.6B	$2.0B
Q4 24	$1.6B	$2.8B
Q3 24	$1.6B	$2.8B
Q2 24	$1.5B	$1.9B

Net Profit

THG

VFC

Q1 26	$186.8M	—
Q4 25	$198.5M	$300.8M
Q3 25	$178.7M	$189.8M
Q2 25	$157.1M	$-116.4M
Q1 25	$128.2M	$-150.8M
Q4 24	$167.9M	$167.8M
Q3 24	$102.1M	$52.2M
Q2 24	$40.5M	$-258.9M

Gross Margin

THG

VFC

Q1 26	—	—
Q4 25	—	56.6%
Q3 25	—	52.2%
Q2 25	—	53.9%
Q1 25	—	52.7%
Q4 24	—	56.3%
Q3 24	—	52.2%
Q2 24	—	52.0%

Operating Margin

THG

VFC

Q1 26	11.1%	—
Q4 25	17.3%	10.1%
Q3 25	14.9%	11.2%
Q2 25	12.7%	-4.9%
Q1 25	11.6%	2.2%
Q4 24	16.1%	8.0%
Q3 24	9.6%	9.9%
Q2 24	6.2%	-12.6%

Net Margin

THG

VFC

Q1 26	11.0%	—
Q4 25	11.9%	10.5%
Q3 25	10.7%	6.8%
Q2 25	9.5%	-6.6%
Q1 25	8.0%	-7.5%
Q4 24	10.6%	5.9%
Q3 24	6.5%	1.9%
Q2 24	2.6%	-13.6%

EPS (diluted)

THG

VFC

Q1 26	—	—
Q4 25	$5.46	$0.76
Q3 25	$4.90	$0.48
Q2 25	$4.30	$-0.30
Q1 25	$3.50	$-0.37
Q4 24	$4.60	$0.43
Q3 24	$2.80	$0.13
Q2 24	$1.12	$-0.67

Balance Sheet & Financial Strength

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

Metric	THG	VFC
Cash + ST InvestmentsLiquidity on hand	$243.5M	$1.5B
Total DebtLower is stronger	$843.8M	$3.6B
Stockholders' EquityBook value	$3.0B	$1.8B
Total Assets	$16.5B	$10.4B
Debt / EquityLower = less leverage	0.28×	1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

THG

VFC

Q1 26	$243.5M	—
Q4 25	$1.1B	$1.5B
Q3 25	$915.7M	$419.1M
Q2 25	$244.1M	$642.4M
Q1 25	$315.1M	$429.4M
Q4 24	$435.5M	$1.4B
Q3 24	$427.1M	$492.2M
Q2 24	$337.6M	$637.4M

Total Debt

THG

VFC

Q1 26	$843.8M	—
Q4 25	$843.3M	$3.6B
Q3 25	$843.0M	$3.5B
Q2 25	$347.8M	$3.6B
Q1 25	$722.5M	$3.4B
Q4 24	$722.3M	$3.9B
Q3 24	—	$4.0B
Q2 24	—	$3.9B

Stockholders' Equity

THG

VFC

Q1 26	$3.0B	—
Q4 25	$3.6B	$1.8B
Q3 25	$3.4B	$1.5B
Q2 25	$3.2B	$1.3B
Q1 25	$3.0B	$1.5B
Q4 24	$2.8B	$1.7B
Q3 24	$2.9B	$1.4B
Q2 24	$2.6B	$1.4B

Total Assets

THG

VFC

Q1 26	$16.5B	—
Q4 25	$16.9B	$10.4B
Q3 25	$16.8B	$10.6B
Q2 25	$15.7B	$10.2B
Q1 25	$15.5B	$9.4B
Q4 24	$15.3B	$10.6B
Q3 24	$15.4B	$12.2B
Q2 24	$14.9B	$11.5B

Debt / Equity

THG

VFC

Q1 26	0.28×	—
Q4 25	0.24×	1.99×
Q3 25	0.25×	2.40×
Q2 25	0.11×	2.76×
Q1 25	0.24×	2.30×
Q4 24	0.25×	2.31×
Q3 24	—	2.86×
Q2 24	—	2.84×

Cash Flow & Capital Efficiency

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

Metric	THG	VFC
Operating Cash FlowLast quarter	—	$1.0B
Free Cash FlowOCF − Capex	—	$977.9M
FCF MarginFCF / Revenue	—	34.0%
Capex IntensityCapex / Revenue	—	1.1%
Cash ConversionOCF / Net Profit	—	3.36×
TTM Free Cash FlowTrailing 4 quarters	—	$357.6M