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