Hanover Insurance (THG) Tax Provisions (2009 - 2026)
Hanover Insurance (THG) posted Tax Provisions of $50.3 million for Q1 2026, down 17.27% quarter-over-quarter from $60.8 million in Q4 2025, and up 57.68% year-on-year from $31.9 million in Q1 2025.
Hanover Insurance (THG) Tax Provisions (2009 - 2026) Analysis & Trends
Hanover Insurance (THG) has reported Tax Provisions for 18 consecutive years, with $50.3 million the latest figure, recorded in Q1 2026.
- Tax Provisions for Q1 2026 came in at $50.3 million, up 57.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $193.0 million (up 44.89% YoY), and the FY2025 annual result was $183.1 million, up 39.66% from the prior year.
- Tax Provisions was $50.3 million for Q1 2026 at Hanover Insurance, down from $60.8 million in the prior quarter.
- Over five years, Tax Provisions peaked at $62.8 million in Q4 2024 and troughed at -$20.7 million in Q2 2023.
- Average Tax Provisions over 5 years is $26.5 million, with a median of $29.4 million recorded in 2022.
- The widest YoY moves for Tax Provisions: up 3475.0% in 2023, down 170.41% in 2023.
- Over 5 years, 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 retreated by 3.18% to $60.8 million in 2025, then retreated by 17.27% to $50.3 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $50.3 million in Q1 2026, $60.8 million in Q4 2025, and $35.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -65.58 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 748.00 Mn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 646.00 Mn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 52.00 Mn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 408.00 Mn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 650.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -304.50 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 109.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 30.42 Mn |
| 10 | Hanover Insurance | 130.06 Mn | -301.64 Mn | 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 |