Hanover Insurance (THG) Deferred Taxes (2010 - 2026)
Hanover Insurance's (THG) quarterly Deferred Taxes came in at $1.7 million in Q2 2026, down 61.36% YoY from $4.4 million in Q2 2025, and up 30.77% on a QoQ basis from $1.3 million in Q1 2026.
Hanover Insurance (THG) Deferred Taxes (2010 - 2026) Analysis & Trends
Hanover Insurance (THG) has 17 years of Deferred Taxes data on file, last reported at $1.7 million in Q2 2026.
- Quarterly Deferred Taxes fell 61.36% year-over-year to $1.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$13.6 million (down 184.47% YoY) and the FY2025 annual result came in at -$14.1 million, down 175.0% from the prior year.
- Deferred Taxes grew to $1.7 million in Q2 2026, from $1.3 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $23.9 million in Q2 2022 to a low of -$12.9 million in Q3 2025.
- A 5-year average of $4.4 million and a median of $4.4 million in 2024 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes jumped 1357.89% — and 2025, when it tumbled 241.76%.
- Tracing THG's Deferred Taxes over 5 years: stood at $4.1 million in 2022, then dropped by 24.39% to $3.1 million in 2023, then surged by 45.16% to $4.5 million in 2024, then slumped by 182.22% to -$3.7 million in 2025, then surged by 145.95% to $1.7 million in 2026.
- The last three Deferred Taxes figures came in at $1.7 million (Q2 2026), $1.3 million (Q1 2026), and -$3.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | -174.00 Mn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | -58.00 Mn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | - |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | -147.20 Mn |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 139.00 Mn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | - |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | - |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 47.60 Mn |
| 10 | Hanover Insurance | 7.78 Bn | 1.54 Bn | 763.70 Mn | 1.70 Mn |
Historic Data
Download 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 |