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
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