Hanover Insurance (THG) Current Taxes (2016 - 2020)

Hanover Insurance (THG) reported Current Taxes of $2.7 million for Q4 2020, down 22.86% on a YoY basis from $3.5 million in Q1 2020, and down 22.86% quarter-over-quarter from $3.5 million in Q4 2019.

Hanover Insurance (THG) Current Taxes (2016 - 2020) Analysis & Trends

Hanover Insurance has reported Current Taxes for 5 years, with the latest figure at $2.7 million in Q4 2020.

  • For the quarter ending Q4 2020, Current Taxes fell 22.86% year-over-year to $2.7 million; the trailing twelve-month figure through Dec 2020 stood at $2.7 million (down 22.86% YoY), and the FY2020 full-year result was $2.7 million, down 22.86% from the prior year.
  • Current Taxes for Q4 2020 stood at $2.7 million, down from $3.5 million in the prior quarter.
  • The five-year high for Current Taxes was $46.9 million in Q4 2018, with the low at $2.7 million in Q4 2020.
  • Historically, Current Taxes has averaged $17.4 million across 5 years, with a median of $3.5 million in 2019.
  • Annual changes were most pronounced in 2018 — Current Taxes jumped 1365.62% — and 2019, when it plunged 92.54%.
  • Hanover Insurance's Current Taxes stood at $30.5 million in 2016, then tumbled by 89.51% to $3.2 million in 2017, then jumped by 1365.62% to $46.9 million in 2018, then sank by 92.54% to $3.5 million in 2019, then slipped by 22.86% to $2.7 million in 2020.
  • The last three Current Taxes figures came in at $2.7 million (Q4 2020), $3.5 million (Q4 2019), and $46.9 million (Q4 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn -
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn -
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn -
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn -
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn -
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn -
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn -
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn -
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2020 2.70 Mn
Dec 31, 2019 3.50 Mn
Dec 31, 2018 46.90 Mn
Dec 31, 2017 3.20 Mn
Dec 31, 2016 30.50 Mn