Growth Metrics

Hanover Insurance (THG) Tax Rate (2016 - 2025)

Historic Tax Rate for Hanover Insurance (THG) over the last 17 years, with Q3 2025 value amounting to 21.36%.

  • Hanover Insurance's Tax Rate fell 69400.0% to 21.36% in Q3 2025 from the same period last year, while for Sep 2025 it was 22.01%, marking a year-over-year decrease of 97700.0%. This contributed to the annual value of 24.38% for FY2024, which is 549400.0% down from last year.
  • According to the latest figures from Q3 2025, Hanover Insurance's Tax Rate is 21.36%, which was down 69400.0% from 23.34% recorded in Q2 2025.
  • Over the past 5 years, Hanover Insurance's Tax Rate peaked at 2580.0% during Q3 2022, and registered a low of 8.16% during Q4 2022.
  • For the 5-year period, Hanover Insurance's Tax Rate averaged around 213.73%, with its median value being 23.23% (2022).
  • As far as peak fluctuations go, Hanover Insurance's Tax Rate soared by 25567100bps in 2022, and later crashed by -15688900bps in 2023.
  • Hanover Insurance's Tax Rate (Quarter) stood at 20.51% in 2021, then tumbled by -140bps to 8.16% in 2022, then soared by 654bps to 45.21% in 2023, then plummeted by -49bps to 23.03% in 2024, then dropped by -7bps to 21.36% in 2025.
  • Its Tax Rate was 21.36% in Q3 2025, compared to 23.34% in Q2 2025 and 19.93% in Q1 2025.