Hanover Insurance (THG) Total Debt (2024 - 2026)
Hanover Insurance (THG) reported Total Debt of $50.1 million for Q1 2026, down 18.93% on a YoY basis from $61.8 million in Q1 2025, and down 86.64% quarter-over-quarter from $375.0 million in Q4 2025.
Hanover Insurance (THG) Total Debt (2024 - 2026) Analysis & Trends
Hanover Insurance has reported Total Debt for 3 years, with the latest figure at $50.1 million in Q1 2026.
- For the quarter ending Q1 2026, Total Debt fell 18.93% year-over-year to $50.1 million; the trailing twelve-month figure through Mar 2026 stood at $50.1 million (down 18.93% YoY), and the FY2025 full-year result was $375.0 million, up 506.8% from the prior year.
- Total Debt for Q1 2026 stood at $50.1 million, down from $375.0 million in the prior quarter.
- The five-year high for Total Debt was $436.8 million in Q2 2025, with the low at $50.1 million in Q1 2026.
- Historically, Total Debt has averaged $237.0 million across 3 years, with a median of $218.4 million in 2024.
- Annual changes were most pronounced in 2025 — Total Debt soared 506.8% — and 2026, when it declined 18.93%.
- Hanover Insurance's Total Debt stood at $61.8 million in 2024, then soared by 506.8% to $375.0 million in 2025, then plunged by 86.64% to $50.1 million in 2026.
- The last three Total Debt figures came in at $50.1 million (Q1 2026), $375.0 million (Q4 2025), and $436.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 1.93 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | - |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | - |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | - |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 1.63 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 859.00 Mn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | - |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 8.93 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 2.21 Bn |
| 10 | Hanover Insurance | 6.80 Bn | 6.37 Bn | 613.00 Mn | 50.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.10 Mn |
| Dec 31, 2025 | 375.00 Mn |
| Sep 30, 2025 | 436.80 Mn |
| Jun 30, 2025 | 436.80 Mn |
| Mar 31, 2025 | 61.80 Mn |
| Dec 31, 2024 | 61.80 Mn |