Company / Income Tax
Hanover Insurance Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$183.1M
FY2025
5-year range
$7.6M / $183.1M
FY2021-FY2025
Trend
+62.8%
vs FY2024
Sector context
#107 of 403
Financials
What the data says
At $183M, Hanover Insurance's income tax ranks #297 of 403 in the Financials sector. Income Tax has fluctuated over the past 10 years, ranging from -$1M in FY2018 to $183M in FY2025.
Based on SEC 10-K filings.
$183M in FY2025 with a 5-year CAGR of +33.3%.
Increased from $8M to $183M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +88.8%
- 5-Year CAGR
- +33.3%
- 10-Year CAGR
- -
Sector benchmark
#297 of 403 in FinancialsTop 73% of 403This company $183.1M Sector average $353.4M
▼
-48.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +33.3%, indicating consistent growth.
- In FY2025, income tax increased 62.8% year-over-year.
- Ranks #107 out of 403 companies in the Financials sector.
- Lowest income tax in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score 0.86 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $183.1M | +62.8% |
| FY2024 | $112.5M | +1380.3% |
| FY2023 | $7.6M | -72.1% |
| FY2022 | $27.2M | -73.1% |
| FY2021 | $101.3M | +132.9% |
| FY2020 | $43.5M | -53.3% |
| FY2019 | $93.1M | +9410.0% |
| FY2018 | -$1.0M | -100.9% |
| FY2017 | $108.6M | +10960.0% |
| FY2016 | -$1.0M | -100.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026