Hanover Insurance (THG) Interest Coverage Ratio (2009 - 2026)
Hanover Insurance's (THG) quarterly Interest Coverage Ratio came in at 0.38 in Q2 2026, down 96.86% YoY from 12.27 in Q2 2025, and down 9.45% on a QoQ basis from 0.43 in Q1 2026.
Hanover Insurance (THG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Hanover Insurance (THG) has 18 years of Interest Coverage Ratio data on file, last reported at 0.38 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 96.86% year-over-year to 0.38 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.57 (down 87.06% YoY) and the FY2025 annual result came in at 1.7, up 142.4% from the prior year.
- Interest Coverage Ratio fell to 0.38 in Q2 2026, from 0.43 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 84.33 in Q4 2022 to a low of 0.38 in Q2 2026.
- A 5-year average of 12.72 and a median of 9.75 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 801.68% — and 2026, when it tumbled 96.86%.
- Tracing THG's Interest Coverage Ratio over 5 years: stood at 84.33 in 2022, then plunged by 88.62% to 9.6 in 2023, then surged by 38.02% to 13.25 in 2024, then slumped by 34.52% to 8.68 in 2025, then slumped by 95.56% to 0.38 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.38 (Q2 2026), 0.43 (Q1 2026), and 8.68 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.01 Bn | 121.25 Bn | 9.13 Bn | 8.42 |
| 2 | Progressive | 124.60 Bn | 119.60 Bn | 9.04 Bn | -8.43 |
| 3 | Travelers Companies | 79.46 Bn | 55.71 Bn | 4.83 Bn | 0.35 |
| 4 | Allstate | 67.73 Bn | 29.00 Bn | 16.28 Bn | 1.88 |
| 5 | Fairfax Financial Holdings | 35.48 Bn | 35.48 Bn | - | -3.55 |
| 6 | Cincinnati Financial | 26.79 Bn | 24.90 Bn | 2.39 Bn | 0.67 |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn | 0.32 |
| 8 | Markel | 23.23 Bn | 6.35 Bn | 2.83 Bn | 3.60 |
| 9 | Assurant | 14.12 Bn | 12.09 Bn | 2.71 Bn | 0.59 |
| 10 | Hanover Insurance | 7.87 Bn | 1.64 Bn | 763.70 Mn | 0.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 8.68 |
| Sep 30, 2025 | 0.39 |
| Jun 30, 2025 | 12.27 |
| Mar 31, 2025 | 12.48 |
| Dec 31, 2024 | 13.25 |
| 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 | 84.33 |
| Sep 30, 2022 | 8.59 |
| Jun 30, 2022 | 8.29 |
| Mar 31, 2022 | 9.05 |
| Dec 31, 2021 | 9.35 |
| Sep 30, 2021 | 9.27 |