Hanover Insurance (THG) Change in Receivables (2010 - 2026)
Hanover Insurance (THG) recorded Change in Receivables of $92.5 million in Q2 2026, up 13.4% from $81.6 million a year earlier.
Hanover Insurance (THG) Change in Receivables (2010 - 2026) Analysis & Trends
On a TTM basis, Hanover Insurance's Change in Receivables came in at $60.2 million as of Jun 30, 2026, down 33.3% year-over-year; for FY2025, it came in at $53 million, down 56.5% from FY2024.
- Annual Change in Receivables has a five-year compound annual growth rate of -8.8% (FY2020 to FY2025).
- Across earlier years, Change in Receivables came in at $121.7 million in FY2024 (+10.3%), $110.3 million in FY2023 (-5.5%), $116.7 million in FY2022 (-5.4%) and $123.4 million in FY2021 (+46.9%).
- The Q2 2026 figure is the highest quarterly Change in Receivables since Q3 2023.
- On a year-over-year basis, Change in Receivables rose in two of the last five quarters, with an average decline of 29.4%.
- Peak year-over-year performance for Change in Receivables in the last five years was growth of 116.2% in Q2 2023, against a decline of 99.7% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -$3.6 million (Q1 2026), -$73.8 million (Q4 2025) and $45.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 2.23 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 1.98 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | -508.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 581.00 Mn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 961.00 Mn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | - |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 275.00 Mn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 80.00 Mn |
| 10 | Hanover Insurance | 7.46 Bn | 4.15 Bn | 763.70 Mn | 92.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.50 Mn |
| Mar 31, 2026 | -3.60 Mn |
| Dec 31, 2025 | -73.80 Mn |
| Sep 30, 2025 | 45.10 Mn |
| Jun 30, 2025 | 81.60 Mn |
| Mar 31, 2025 | 100,000.00 |
| Dec 31, 2024 | -67.50 Mn |
| Sep 30, 2024 | 76.00 Mn |
| Jun 30, 2024 | 76.60 Mn |
| Mar 31, 2024 | 36.60 Mn |
| Dec 31, 2023 | -66.30 Mn |
| Sep 30, 2023 | 103.40 Mn |
| Jun 30, 2023 | 80.00 Mn |
| Mar 31, 2023 | -6.80 Mn |
| Dec 31, 2022 | -14.30 Mn |
| Sep 30, 2022 | 95.30 Mn |
| Jun 30, 2022 | 37.00 Mn |
| Mar 31, 2022 | -1.30 Mn |
| Dec 31, 2021 | -20.60 Mn |
| Sep 30, 2021 | 96.30 Mn |
Hanover Insurance Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=THG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "THG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();