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

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

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

Hanover Insurance (THG) has reported Debt Ratio for 3 consecutive years, with 0.0 the latest figure, recorded in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.0, down 24.12% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.0 (down 24.12% YoY), and the FY2025 annual result was 0.02, up 446.95% from the prior year.
  • Debt Ratio was 0.0 for Q1 2026 at Hanover Insurance, down from 0.02 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.03 in Q2 2025 and troughed at 0.0 in Q1 2026.
  • Average Debt Ratio over 3 years is 0.01, with a median of 0.01 recorded in 2024.
  • Year-over-year, Debt Ratio jumped 446.95% in 2025 and declined 24.12% in 2026.
  • Over 3 years, Debt Ratio stood at 0.0 in 2024, then surged by 446.95% to 0.02 in 2025, then sank by 86.3% to 0.0 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.0 in Q1 2026, 0.02 in Q4 2025, and 0.03 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn -
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 0.01
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 0.02
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn -
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn -
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 0.10
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn -
10 Hanover Insurance 130.06 Mn -301.64 Mn 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