Hanover Insurance (THG) Payables (2009 - 2026)

Hanover Insurance (THG) posted Payables of $700.6 million for Q1 2026, down 40.71% quarter-over-quarter from $1.2 billion in Q4 2025, and up 2.97% year-on-year from $680.4 million in Q1 2025.

Hanover Insurance (THG) Payables (2009 - 2026) Analysis & Trends

Hanover Insurance (THG) has reported Payables for 18 consecutive years, with $700.6 million the latest figure, recorded in Q1 2026.

  • Payables for Q1 2026 came in at $700.6 million, up 2.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $700.6 million (up 2.97% YoY), and the FY2025 annual result was $1.2 billion, up 44.18% from the prior year.
  • Payables was $700.6 million for Q1 2026 at Hanover Insurance, down from $1.2 billion in the prior quarter.
  • Over five years, Payables peaked at $1.2 billion in Q4 2025 and troughed at $618.6 million in Q1 2023.
  • Average Payables over 5 years is $787.4 million, with a median of $731.7 million recorded in 2022.
  • Year-over-year, Payables slipped 19.63% in 2023 and soared 46.99% in 2025.
  • Over 5 years, Payables stood at $731.7 million in 2022, then grew by 6.04% to $775.9 million in 2023, then grew by 5.63% to $819.6 million in 2024, then jumped by 44.18% to $1.2 billion in 2025, then slumped by 40.71% to $700.6 million in 2026.
  • Per Business Quant data, the three most recent Payables figures were $700.6 million in Q1 2026, $1.2 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 9.51 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 11.38 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 25.00 Mn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn -
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn -
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - 5.99 Bn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 206.00 Mn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn -
10 Hanover Insurance 130.06 Mn -301.64 Mn 613.00 Mn 700.60 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 588.50 Mn