Hanover Insurance (THG) Debt to Equity (2024 - 2026)
Hanover Insurance (THG) posted Debt to Equity of $0.01 for Q1 2026, down 86.64% quarter-over-quarter from $0.1 in Q4 2025, and down 30.88% year-on-year from $0.02 in Q1 2025.
Hanover Insurance (THG) Debt to Equity (2024 - 2026) Analysis & Trends
Hanover Insurance (THG) has reported Debt to Equity for 3 consecutive years, with $0.01 the latest figure, recorded in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.01, down 30.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.01 (down 30.88% YoY), and the FY2025 annual result was $0.1, down 99.9% from the prior year.
- Debt to Equity was $0.01 for Q1 2026 at Hanover Insurance, down from $0.1 in the prior quarter.
- Over five years, Debt to Equity peaked at $103.0 in Q4 2024 and troughed at -$2.2 in Q2 2025.
- Average Debt to Equity over 3 years is $16.84, with a median of $0.06 recorded in 2025.
- Year-over-year, Debt to Equity plunged 99.9% in 2025 and sank 30.88% in 2026.
- Over 3 years, Debt to Equity stood at $103.0 in 2024, then tumbled by 99.9% to $0.1 in 2025, then plunged by 86.64% to $0.01 in 2026.
- Per Business Quant data, the three most recent Debt to Equity figures were $0.01 in Q1 2026, $0.1 in Q4 2025, and $0.13 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (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 | 0.03 |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 0.05 |
| 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 | 0.48 |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | - |
| 10 | Hanover Insurance | 130.06 Mn | -301.64 Mn | 613.00 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | -2.20 |
| Mar 31, 2025 | 0.02 |
| Dec 31, 2024 | 103.00 |