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| 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 |