Hanover Insurance (THG) Deferred Taxes (2010 - 2026)
Hanover Insurance (THG) posted Deferred Taxes of $1.7 million for Q2 2026, down 61.4% from $4.4 million a year earlier but up 30.8% from the prior quarter.
Hanover Insurance (THG) Deferred Taxes (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Deferred Taxes at Hanover Insurance was -$13.6 million; for FY2025, it came in at -$14.1 million.
- In prior years, Hanover Insurance's Deferred Taxes was $18.8 million in FY2024 (-23.6%), $24.6 million in FY2023 (-47.1%), $46.5 million in FY2022 and -$25 million in FY2021.
- Quarterly Deferred Taxes has run from a low of -$12.9 million in Q3 2025 to a high of $23.9 million in Q2 2022 over five years.
- On a year-over-year basis, Deferred Taxes increased in two of the last four quarters, with an average decline of 8.2%.
- The strongest year-over-year quarter for Deferred Taxes in the past five years was Q3 2022, with growth of 519.0%; the weakest was Q2 2023, with a decline of 75.7%.
- According to Business Quant data, Deferred Taxes for the three prior quarters was $1.3 million (Q1 2026), -$3.7 million (Q4 2025) and -$12.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | -174.00 Mn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 331.82 Mn |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | -11.00 Mn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | - |
| 10 | Hanover Insurance | 7.57 Bn | 4.27 Bn | 763.70 Mn | 1.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Mn |
| Mar 31, 2026 | 1.30 Mn |
| Dec 31, 2025 | -3.70 Mn |
| Sep 30, 2025 | -12.90 Mn |
| Jun 30, 2025 | 4.40 Mn |
| Mar 31, 2025 | -1.90 Mn |
| Dec 31, 2024 | 4.50 Mn |
| Sep 30, 2024 | 9.10 Mn |
| Jun 30, 2024 | 6.30 Mn |
| Mar 31, 2024 | -1.10 Mn |
| Dec 31, 2023 | 3.10 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 5.80 Mn |
| Mar 31, 2023 | 7.70 Mn |
| Dec 31, 2022 | 4.10 Mn |
| Sep 30, 2022 | 13.00 Mn |
| Jun 30, 2022 | 23.90 Mn |
| Mar 31, 2022 | 5.50 Mn |
| Dec 31, 2021 | -12.60 Mn |
| Sep 30, 2021 | 2.10 Mn |
Hanover Insurance Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=THG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "THG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();