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
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