Hanover Insurance (THG) Payables (2009 - 2026)
Hanover Insurance's Payables was $766.3 million in Q2 2026, down 26.2% from $1.04 billion a year earlier but up 9.4% from the prior quarter.
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Analysis
Hanover Insurance (THG) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Payables at Hanover Insurance came in at $1.18 billion, up 44.2% from FY2024.
- Payables has now increased for three consecutive years, with a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- In earlier years, Payables was $819.6 million in FY2024 (+5.6%), $775.9 million in FY2023 (+6.0%), $731.7 million in FY2022 (-19.4%) and $907.7 million in FY2021 (+32.0%).
- Quarterly Payables has moved between $618.6 million (Q1 2023) and $1.18 billion (Q4 2025) over five years.
- Compared with a year earlier, Payables was higher in seven of the last eight quarters, with growth averaging 15.2%.
- The best year-over-year quarter for Payables over five years was Q3 2025 (growth of 47.0%); the worst was Q2 2026 (a decline of 26.2%).
- Per Business Quant data, THG's Payables in the three quarters before Q2 2026 was $700.6 million (Q1 2026), $1.18 billion (Q4 2025) and $1.14 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 61.85 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 10.73 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 9.24 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 4.05 Bn |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | -1.28 Bn |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 460.00 Mn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 1.52 Bn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | - |
| 10 | Hanover Insurance | 7.57 Bn | 4.27 Bn | 763.70 Mn | 766.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 766.30 Mn |
| Mar 31, 2026 | 700.60 Mn |
| Dec 31, 2025 | 1.18 Bn |
| Sep 30, 2025 | 1.14 Bn |
| Jun 30, 2025 | 1.04 Bn |
| Mar 31, 2025 | 680.40 Mn |
| Dec 31, 2024 | 819.60 Mn |
| Sep 30, 2024 | 775.10 Mn |
| Jun 30, 2024 | 735.20 Mn |
| Mar 31, 2024 | 679.10 Mn |
| Dec 31, 2023 | 775.90 Mn |
| Sep 30, 2023 | 727.60 Mn |
| Jun 30, 2023 | 651.70 Mn |
| Mar 31, 2023 | 618.60 Mn |
| Dec 31, 2022 | 731.70 Mn |
| Sep 30, 2022 | 723.30 Mn |
| Jun 30, 2022 | 638.40 Mn |
| Mar 31, 2022 | 769.70 Mn |
| Dec 31, 2021 | 907.70 Mn |
| Sep 30, 2021 | 679.80 Mn |
API Access
Hanover Insurance Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=THG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "THG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();