Hanover Insurance (THG) Other Working Capital Changes (2009 - 2025)

Hanover Insurance (THG) reported Other Working Capital Changes of -$200000.0 for Q4 2025, down 102.02% on a YoY basis from $9.9 million in Q4 2024, and up 99.79% quarter-over-quarter from -$95.5 million in Q3 2025.

Hanover Insurance (THG) Other Working Capital Changes (2009 - 2025) Analysis & Trends

Hanover Insurance has reported Other Working Capital Changes for 17 years, with the latest figure at -$200000.0 in Q4 2025.

  • For the quarter ending Q4 2025, Other Working Capital Changes fell 102.02% year-over-year to -$200000.0; the trailing twelve-month figure through Mar 2026 stood at -$59.3 million (down 38.55% YoY), and the FY2025 full-year result was -$21.2 million, up 66.24% from the prior year.
  • Other Working Capital Changes for Q4 2025 stood at -$200000.0, up from -$95.5 million in the prior quarter.
  • The five-year high for Other Working Capital Changes was $146.4 million in Q4 2021, with the low at -$126.0 million in Q3 2024.
  • Historically, Other Working Capital Changes has averaged $7.0 million across 5 years, with a median of $18.6 million in 2021.
  • Annual changes were most pronounced in 2021 — Other Working Capital Changes jumped 512.55% — and 2023, when it plunged 338.41%.
  • Hanover Insurance's Other Working Capital Changes stood at $146.4 million in 2021, then plunged by 93.37% to $9.7 million in 2022, then sank by 255.67% to -$15.1 million in 2023, then surged by 165.56% to $9.9 million in 2024, then tumbled by 102.02% to -$200000.0 in 2025.
  • The last three Other Working Capital Changes figures came in at -$200000.0 (Q4 2025), -$95.5 million (Q3 2025), and $36.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn
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
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -200,000.00
Dec 31, 2025 -200,000.00
Sep 30, 2025 -95.50 Mn
Sep 30, 2025 -95.50 Mn
Jun 30, 2025 36.40 Mn
Jun 30, 2025 36.40 Mn
Mar 31, 2025 38.10 Mn
Mar 31, 2025 38.10 Mn
Dec 31, 2024 9.90 Mn
Dec 31, 2024 9.90 Mn
Sep 30, 2024 -126.00 Mn
Sep 30, 2024 -126.00 Mn
Jun 30, 2024 35.20 Mn
Jun 30, 2024 35.20 Mn
Mar 31, 2024 18.10 Mn
Mar 31, 2024 18.10 Mn
Dec 31, 2023 -15.10 Mn
Dec 31, 2023 -15.10 Mn
Sep 30, 2023 -66.20 Mn
Sep 30, 2023 -66.20 Mn