Hanover Insurance (THG) Payables (2009 - 2026)

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

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

Hanover Insurance has reported Payables for 18 years, with the latest figure at $700.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables rose 2.97% year-over-year to $700.6 million; the trailing twelve-month figure through Mar 2026 stood at $700.6 million (up 2.97% YoY), and the FY2025 full-year result was $1.2 billion, up 44.18% from the prior year.
  • Payables for Q1 2026 stood at $700.6 million, down from $1.2 billion in the prior quarter.
  • The five-year high for Payables was $1.2 billion in Q4 2025, with the low at $618.6 million in Q1 2023.
  • Historically, Payables has averaged $787.4 million across 5 years, with a median of $731.7 million in 2022.
  • Annual changes were most pronounced in 2023 — Payables retreated 19.63% — and 2025, when it jumped 46.99%.
  • Hanover Insurance's Payables stood at $731.7 million in 2022, then gained by 6.04% to $775.9 million in 2023, then gained by 5.63% to $819.6 million in 2024, then jumped by 44.18% to $1.2 billion in 2025, then tumbled by 40.71% to $700.6 million in 2026.
  • The last three Payables figures came in at $700.6 million (Q1 2026), $1.2 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 11.38 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 9.51 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 25.00 Mn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 206.00 Mn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 3.67 Bn
10 Hanover Insurance 6.80 Bn 6.37 Bn 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