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| Date | Value |
|---|---|
| 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 |