Hanover Insurance (THG) Tax Provisions (2009 - 2026)

Hanover Insurance (THG) reported Tax Provisions of $50.3 million for Q1 2026, up 57.68% on a YoY basis from $31.9 million in Q1 2025, and down 17.27% quarter-over-quarter from $60.8 million in Q4 2025.

Hanover Insurance (THG) Tax Provisions (2009 - 2026) Analysis & Trends

Hanover Insurance has reported Tax Provisions for 18 years, with the latest figure at $50.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 57.68% year-over-year to $50.3 million; the trailing twelve-month figure through Mar 2026 stood at $193.0 million (up 44.89% YoY), and the FY2025 full-year result was $183.1 million, up 39.66% from the prior year.
  • Tax Provisions for Q1 2026 stood at $50.3 million, down from $60.8 million in the prior quarter.
  • The five-year high for Tax Provisions was $62.8 million in Q4 2024, with the low at -$20.7 million in Q2 2023.
  • Historically, Tax Provisions has averaged $26.5 million across 5 years, with a median of $29.4 million in 2022.
  • The largest YoY upside for Tax Provisions was 3475.0% in 2023 against a maximum downside of 170.41% in 2023.
  • Hanover Insurance's Tax Provisions stood at $1.2 million in 2022, then surged by 3475.0% to $42.9 million in 2023, then surged by 46.39% to $62.8 million in 2024, then dropped by 3.18% to $60.8 million in 2025, then dropped by 17.27% to $50.3 million in 2026.
  • The last three Tax Provisions figures came in at $50.3 million (Q1 2026), $60.8 million (Q4 2025), and $35.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 646.00 Mn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 748.00 Mn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 408.00 Mn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 650.00 Mn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 100.52 Mn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 52.00 Mn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -65.58 Mn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 109.00 Mn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 61.50 Mn
10 Hanover Insurance 6.80 Bn 6.37 Bn 613.00 Mn 50.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 50.30 Mn
Dec 31, 2025 60.80 Mn
Sep 30, 2025 35.50 Mn
Jun 30, 2025 46.40 Mn
Mar 31, 2025 31.90 Mn
Dec 31, 2024 62.80 Mn
Sep 30, 2024 27.60 Mn
Jun 30, 2024 10.90 Mn
Mar 31, 2024 29.80 Mn
Dec 31, 2023 42.90 Mn
Sep 30, 2023 -1.10 Mn
Jun 30, 2023 -20.70 Mn
Mar 31, 2023 5.50 Mn
Dec 31, 2022 1.20 Mn
Sep 30, 2022 12.90 Mn
Jun 30, 2022 29.40 Mn
Mar 31, 2022 24.70 Mn
Dec 31, 2021 18.20 Mn
Sep 30, 2021 7.70 Mn
Jun 30, 2021 28.30 Mn