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| Date | Value |
|---|---|
| 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 |