Hanover Insurance (THG) Debt Ratio (2009 - 2026)
Hanover Insurance's (THG) quarterly Debt Ratio came in at 0.05 in Q2 2026, little changed YoY from 0.05 in Q2 2025, and down 1.97% on a QoQ basis from 0.05 in Q1 2026.
Hanover Insurance (THG) Debt Ratio (2009 - 2026) Analysis & Trends
Hanover Insurance (THG) has 15 years of Debt Ratio data on file, last reported at 0.05 in Q2 2026.
- Quarterly Debt Ratio changed 0.35% year-over-year to 0.05 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.05 (changed 0.35% YoY) and the FY2025 annual result came in at 0.07, up 40.05% from the prior year.
- Debt Ratio slipped to 0.05 in Q2 2026, from 0.05 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.08 in Q3 2025 to a low of 0.05 in Q2 2025.
- A 4-year average of 0.06 and a median of 0.05 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio retreated 4.22% — and 2025, when it jumped 40.05%.
- Tracing THG's Debt Ratio over 4 years: stood at 0.05 in 2023, then dropped by 4.22% to 0.05 in 2024, then jumped by 40.05% to 0.07 in 2025, then plunged by 30.39% to 0.05 in 2026.
- The last three Debt Ratio figures came in at 0.05 (Q2 2026), 0.05 (Q1 2026), and 0.07 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 0.06 |
| 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 | 0.06 |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 0.02 |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 0.10 |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 0.06 |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 0.06 |
| 10 | Hanover Insurance | 7.78 Bn | 1.54 Bn | 763.70 Mn | 0.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.05 |
| Mar 31, 2026 | 0.05 |
| Dec 31, 2025 | 0.07 |
| Sep 30, 2025 | 0.08 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.05 |
| Dec 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.05 |
| Dec 31, 2019 | 0.05 |
| Jun 30, 2019 | 0.05 |
| Mar 31, 2019 | 0.05 |
| Dec 31, 2018 | 0.06 |
| Sep 30, 2018 | 0.05 |
| Jun 30, 2018 | 0.05 |
| Mar 31, 2018 | 0.05 |
| Dec 31, 2017 | 0.05 |
| Sep 30, 2017 | 0.05 |
| Jun 30, 2017 | 0.05 |
| Mar 31, 2017 | 0.05 |
| Dec 31, 2016 | 0.06 |