Hanover Insurance (THG) Interest Coverage Ratio (2010 - 2026)

Hanover Insurance (THG) reported Interest Coverage Ratio of 11.75 for Q1 2026, down 5.87% on a YoY basis from 12.48 in Q1 2025, and up 35.43% quarter-over-quarter from 8.68 in Q4 2025.

Hanover Insurance (THG) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Hanover Insurance has reported Interest Coverage Ratio for 17 years, with the latest figure at 11.75 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio fell 5.87% year-over-year to 11.75; the trailing twelve-month figure through Mar 2026 stood at 10.44 (up 175.44% YoY), and the FY2025 full-year result was 10.52, up 217.7% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 11.75, up from 8.68 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 12.48 in Q1 2025, with the low at 22.1 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 6.54 across 5 years, with a median of 9.91 in 2023.
  • Annual changes were most pronounced in 2024 — Interest Coverage Ratio plunged 294.85% — and 2025, when it surged 146.38%.
  • Hanover Insurance's Interest Coverage Ratio stood at 22.1 in 2022, then soared by 143.43% to 9.6 in 2023, then sank by 294.85% to 18.71 in 2024, then surged by 146.38% to 8.68 in 2025, then soared by 35.43% to 11.75 in 2026.
  • The last three Interest Coverage Ratio figures came in at 11.75 (Q1 2026), 8.68 (Q4 2025), and 10.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 8.63
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn -146.59
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 8.69
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 9.57
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 12.75
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 24.46
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -5.37
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 5.42
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 5.64
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn 11.75

Historic Data

Download Data
DateValue
Mar 31, 2026 11.75
Dec 31, 2025 8.68
Sep 30, 2025 10.09
Jun 30, 2025 12.27
Mar 31, 2025 12.48
Dec 31, 2024 -18.71
Sep 30, 2024 10.80
Jun 30, 2024 10.51
Mar 31, 2024 10.55
Dec 31, 2023 9.60
Sep 30, 2023 9.91
Jun 30, 2023 10.19
Mar 31, 2023 9.26
Dec 31, 2022 -22.10
Sep 30, 2022 8.59
Jun 30, 2022 8.29
Mar 31, 2022 9.05
Dec 31, 2021 -14.32
Sep 30, 2021 9.27
Jun 30, 2021 8.89