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Hanover Insurance (THG) Tax Rate (2016 - 2026)

Hanover Insurance filings provide 18 years of Tax Rate readings, the most recent being 21.21% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 129.0% to 21.21% in Q1 2026 year-over-year; TTM through Mar 2026 was 20.96%, a 314.0% decrease, with the full-year FY2025 number at 21.7%, down 268.0% from a year prior.
  • Tax Rate hit 21.21% in Q1 2026 for Hanover Insurance, down from 23.58% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 2580.0% in Q3 2022 to a low of 31.43% in Q1 2023.
  • Median Tax Rate over the past 5 years was 21.28% (2024), compared with a mean of 178.45%.
  • Biggest five-year swings in Tax Rate: soared 256188bps in 2022 and later crashed -245778bps in 2023.
  • Hanover Insurance's Tax Rate stood at 8.16% in 2022, then skyrocketed by 450bps to 28.56% in 2023, then increased by 4bps to 29.69% in 2024, then fell by -21bps to 23.58% in 2025, then fell by -10bps to 21.21% in 2026.
  • The last three reported values for Tax Rate were 21.21% (Q1 2026), 23.58% (Q4 2025), and 15.63% (Q3 2025) per Business Quant data.