CNA Financial (CNA) vs Hanover Insurance Group (THG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Hanover Insurance Group (THG) has outperformed CNA Financial (CNA) over the past year, gaining 17.9% versus a loss of 2.2%. Over five years, THG leads with a +62.0% price change compared with +1.1% for CNA. CNA Financial is the larger company by market cap ($12.63 billion vs $7.73 billion), about 1.6 times the size, while Hanover Insurance Group is growing revenue faster (+5.7% vs +5.0%).
On valuation, CNA Financial trades at a lower forward P/E (9.7x vs 11.3x for Hanover Insurance Group). CNA Financial offers the higher dividend yield (4.03% vs 1.69%). Hanover Insurance Group converts more of its revenue into profit, with a net margin of 10.0% versus 8.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CNA | THG |
|---|---|---|
| Share price | $46.69 | $221.93 |
| Market cap | $12.63B | $7.73B |
| 1-day change | +1.81% | +1.99% |
| YTD return | -3.94% | +19.06% |
| 1-year return | -2.22% | +17.95% |
| 5-year return | +1.12% | +61.98% |
| P/E ratio (TTM) | 10.28 | 10.62 |
| Forward P/E | 9.73 | 11.32 |
| EPS (TTM) | $4.54 | $20.89 |
| Dividend yield | 4.03% | 1.69% |
| Annual dividend | $1.88 | $3.75 |
| Revenue (latest FY) | $14.99B | $6.59B |
| Revenue growth (YoY) | +5.04% | +5.72% |
| Net income (latest FY) | $1.28B | $662.50M |
| Operating margin | — | 14.15% |
| Net margin | 8.53% | 10.05% |
| 52-week high | $55.71 | $236.07 |
| 52-week low | $41.53 | $166.54 |
| Distance from 52-week high | -16.19% | -5.99% |
| Analyst consensus | none | hold |
| Avg. price target upside | +4.95% | +6.79% |
| Average volume | 489.40K | 309.74K |
| Shares outstanding | 270.60M | 34.82M |
| Employees | 6,600 | 4,900 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- THG has outperformed CNA by 20.2 percentage points over the past year.
- CNA Financial offers a meaningfully higher dividend yield (4.03% vs 1.69%).
About CNA Financial
CNA stock →CNA Financial Corporation, an insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. It operates through Specialty, Commercial, International, and Life & Group segments.
Finance · Property-Casualty Insurers · 6,600 employees
About Hanover Insurance Group
THG stock →The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other.
Finance · Property-Casualty Insurers · 4,900 employees
CNA vs THG FAQ
Which is bigger, CNA Financial or Hanover Insurance Group?
CNA Financial (CNA) is larger, with a market capitalization of $12.63B compared with $7.73B for Hanover Insurance Group (THG).
Which stock has performed better over the past year, CNA or THG?
THG returned +17.95% over the past 12 months, compared with -2.22% for CNA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CNA or THG?
CNA has the lower trailing P/E at 10.3, versus 10.6 for THG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CNA Financial or Hanover Insurance Group?
CNA Financial has the higher yield at 4.03%, compared with 1.69% for Hanover Insurance Group.
Are CNA Financial and Hanover Insurance Group in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.