Hanover Insurance (THG) Current Taxes (2016 - 2020)
Hanover Insurance's (THG) quarterly Current Taxes came in at $2.7 million in Q4 2020, down 22.86% YoY from $3.5 million in Q1 2020, and down 22.86% on a QoQ basis from $3.5 million in Q4 2019.
Hanover Insurance (THG) Current Taxes (2016 - 2020) Analysis & Trends
Hanover Insurance (THG) has 5 years of Current Taxes data on file, last reported at $2.7 million in Q4 2020.
- Quarterly Current Taxes fell 22.86% year-over-year to $2.7 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $2.7 million (down 22.86% YoY) and the FY2020 annual result came in at $2.7 million, down 22.86% from the prior year.
- Current Taxes eased to $2.7 million in Q4 2020, from $3.5 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $46.9 million in Q4 2018 to a low of $2.7 million in Q4 2020.
- A 5-year average of $17.4 million and a median of $3.5 million in 2019 frame the typical range for Current Taxes.
- Annual changes were most pronounced in 2018 — Current Taxes jumped 1365.62% — and 2019, when it plunged 92.54%.
- Tracing THG's Current Taxes over 5 years: 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 | 134.48 Bn | 120.72 Bn | 9.13 Bn | - |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | - |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | - |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | - |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | - |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | - |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | - |
| 10 | Hanover Insurance | 7.78 Bn | 1.54 Bn | 763.70 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 |