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