Hanover Insurance Group annual debt-to-ebitda ratio
2010
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2015
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2021
2022
2023
2024
Hanover Insurance Group Debt-to-EBITDA Ratio Growth & History (THG)
Hanover Insurance Group's debt-to-ebitda ratio was 1.20 for fiscal 2024.
View full Hanover Insurance Group company overviewHanover Insurance Group annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 1.20 | −5.80 | −82.81% |
| 2023 | 2023-12-31 | 7.00 | 4.37 | +166.58% |
| 2022 | 2022-12-31 | 2.63 | 0.89 | +50.89% |
| 2021 | 2021-12-31 | 1.74 | 0.19 | +12.07% |
| 2020 | 2020-12-31 | 1.55 | 0.18 | +12.92% |
| 2019 | 2019-12-31 | 1.38 | −0.43 | −23.80% |
| 2018 | 2018-12-31 | 1.80 | −0.40 | −18.04% |
| 2017 | 2017-12-31 | 2.20 | −1.32 | −37.40% |
| 2016 | 2016-12-31 | 3.52 | 1.90 | +117.34% |
| 2015 | 2015-12-31 | 1.62 | −0.44 | −21.25% |
| 2014 | 2014-12-31 | 2.05 | −0.06 | −2.61% |
| 2013 | 2013-12-31 | 2.11 | −5.56 | −72.50% |
| 2012 | 2012-12-31 | 7.67 | −1.58 | −17.05% |
| 2011 | 2011-12-31 | 9.25 | 6.71 | +264.71% |
| 2010 | 2010-12-31 | 2.54 | — | — |
Hanover Insurance Group quarterly debt-to-ebitda ratio
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Q4.24
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | 1.20 | −5.80 | −82.81% |
| Q3 2024 | 2024-09-30 | 1.41 | — | — |
| Q2 2024 | 2024-06-30 | 1.86 | — | — |
| Q1 2024 | 2024-03-31 | 3.17 | −1.85 | −36.90% |
| Q4 2023 | 2023-12-31 | 7.00 | 4.37 | +166.58% |
| Q1 2023 | 2023-03-31 | 5.03 | 3.52 | +233.03% |
| Q4 2022 | 2022-12-31 | 2.63 | 0.89 | +50.89% |
| Q3 2022 | 2022-09-30 | 1.56 | −0.23 | −12.72% |
| Q2 2022 | 2022-06-30 | 1.58 | 0.07 | +4.92% |
| Q1 2022 | 2022-03-31 | 1.51 | −0.15 | −9.25% |
| Q4 2021 | 2021-12-31 | 1.74 | 0.19 | +12.07% |
| Q3 2021 | 2021-09-30 | 1.79 | 0.11 | +6.34% |
| Q2 2021 | 2021-06-30 | 1.51 | 0.09 | +6.71% |
| Q1 2021 | 2021-03-31 | 1.66 | 0.19 | +13.00% |
| Q4 2020 | 2020-12-31 | 1.55 | 0.18 | +12.92% |
| Q3 2020 | 2020-09-30 | 1.68 | 0.22 | +15.10% |
| Q2 2020 | 2020-06-30 | 1.41 | −0.05 | −3.66% |
| Q1 2020 | 2020-03-31 | 1.47 | 0.01 | +0.89% |
| Q4 2019 | 2019-12-31 | 1.38 | −0.43 | −23.80% |
| Q3 2019 | 2019-09-30 | 1.46 | −0.51 | −25.78% |
| Q2 2019 | 2019-06-30 | 1.47 | −0.67 | −31.28% |
| Q1 2019 | 2019-03-31 | 1.46 | −0.61 | −29.39% |
| Q4 2018 | 2018-12-31 | 1.80 | −0.40 | −18.04% |
| Q3 2018 | 2018-09-30 | 1.97 | −3.23 | −62.11% |
| Q2 2018 | 2018-06-30 | 2.13 | −1.89 | −46.89% |
| Q1 2018 | 2018-03-31 | 2.07 | −2.52 | −54.95% |
| Q4 2017 | 2017-12-31 | 2.20 | −1.32 | −37.40% |
| Q3 2017 | 2017-09-30 | 5.20 | 3.61 | +226.20% |
| Q2 2017 | 2017-06-30 | 4.02 | 2.39 | +147.35% |
| Q1 2017 | 2017-03-31 | 4.59 | 3.03 | +194.93% |
| Q4 2016 | 2016-12-31 | 3.52 | 1.90 | +117.34% |
| Q3 2016 | 2016-09-30 | 1.59 | −0.01 | −0.73% |
| Q2 2016 | 2016-06-30 | 1.63 | −0.14 | −8.09% |
| Q1 2016 | 2016-03-31 | 1.56 | −0.30 | −16.08% |
| Q4 2015 | 2015-12-31 | 1.62 | −0.44 | −21.25% |
| Q3 2015 | 2015-09-30 | 1.61 | −0.59 | −26.86% |
| Q2 2015 | 2015-06-30 | 1.77 | −0.33 | −15.53% |
| Q1 2015 | 2015-03-31 | 1.85 | −0.34 | −15.55% |
| Q4 2014 | 2014-12-31 | 2.05 | −0.06 | −2.61% |
| Q3 2014 | 2014-09-30 | 2.20 | −2.05 | −48.30% |
| Q2 2014 | 2014-06-30 | 2.09 | −3.21 | −60.50% |
| Q1 2014 | 2014-03-31 | 2.19 | −5.54 | −71.62% |
| Q4 2013 | 2013-12-31 | 2.11 | −5.56 | −72.50% |
| Q3 2013 | 2013-09-30 | 4.25 | 1.16 | +37.73% |
| Q2 2013 | 2013-06-30 | 5.30 | 1.18 | +28.65% |
| Q1 2013 | 2013-03-31 | 7.73 | 1.14 | +17.32% |
| Q4 2012 | 2012-12-31 | 7.67 | −1.58 | −17.05% |
| Q3 2012 | 2012-09-30 | 3.08 | — | — |
| Q2 2012 | 2012-06-30 | 4.12 | — | — |
| Q1 2012 | 2012-03-31 | 6.59 | — | — |
| Q4 2011 | 2011-12-31 | 9.25 | — | — |
Hanover Insurance Group debt-to-ebitda ratio trends
Over the last five fiscal years, Hanover Insurance Group's debt-to-ebitda ratio decreased from 1.38 to 1.20, a change of −0.17. The latest reported quarter, Q4 2024, shows 1.20.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hanover Insurance Group source filings ↗