Hanover Insurance (THG) Deferred Taxes (2010 - 2026)

Hanover Insurance (THG) reported Deferred Taxes of $1.3 million for Q1 2026, up 168.42% on a YoY basis from $484313.7 in Q1 2025, and up 135.14% quarter-over-quarter from -$3.7 million in Q4 2025.

Hanover Insurance (THG) Deferred Taxes (2010 - 2026) Analysis & Trends

Hanover Insurance has reported Deferred Taxes for 17 years, with the latest figure at $1.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Deferred Taxes rose 168.42% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2026 stood at -$10.9 million (down 160.56% YoY), and the FY2025 full-year result was -$14.1 million, down 175.0% from the prior year.
  • Deferred Taxes for Q1 2026 stood at $1.3 million, up from -$3.7 million in the prior quarter.
  • The five-year high for Deferred Taxes was $23.9 million in Q2 2022, with the low at -$12.9 million in Q3 2025.
  • Historically, Deferred Taxes has averaged $4.5 million across 5 years, with a median of $4.5 million in 2024.
  • Annual changes were most pronounced in 2022 — Deferred Taxes jumped 1357.89% — and 2025, when it tumbled 241.76%.
  • Hanover Insurance's Deferred Taxes 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 135.14% to $1.3 million in 2026.
  • The last three Deferred Taxes figures came in at $1.3 million (Q1 2026), -$3.7 million (Q4 2025), and -$12.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn -156.00 Mn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn -
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 51.00 Mn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn -
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn -77.27 Mn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn -82.00 Mn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn -
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 43.10 Mn
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn 1.30 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -1.90 Mn