Hanover Insurance (THG) Debt Ratio (2024 - 2026)

Hanover Insurance (THG) reported Debt Ratio of 0.0 for Q1 2026, down 24.12% on a YoY basis from 0.0 in Q1 2025, and down 86.3% quarter-over-quarter from 0.02 in Q4 2025.

Hanover Insurance (THG) Debt Ratio (2024 - 2026) Analysis & Trends

Hanover Insurance has reported Debt Ratio for 3 years, with the latest figure at 0.0 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 24.12% year-over-year to 0.0; the trailing twelve-month figure through Mar 2026 stood at 0.0 (down 24.12% YoY), and the FY2025 full-year result was 0.02, up 446.95% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.0, down from 0.02 in the prior quarter.
  • The five-year high for Debt Ratio was 0.03 in Q2 2025, with the low at 0.0 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.01 across 3 years, with a median of 0.01 in 2024.
  • Annual changes were most pronounced in 2025 — Debt Ratio surged 446.95% — and 2026, when it slipped 24.12%.
  • Hanover Insurance's Debt Ratio stood at 0.0 in 2024, then surged by 446.95% to 0.02 in 2025, then slumped by 86.3% to 0.0 in 2026.
  • The last three Debt Ratio figures came in at 0.0 (Q1 2026), 0.02 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 0.01
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 0.04
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 0.02
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 0.10
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 0.06
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.00
Dec 31, 2025 0.02
Sep 30, 2025 0.03
Jun 30, 2025 0.03
Mar 31, 2025 0.00
Dec 31, 2024 0.00