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| Date | Value |
|---|---|
| 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 |