Old Republic International (ORI) vs Hanover Insurance Group (THG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Hanover Insurance Group (THG) has outperformed Old Republic International (ORI) over the past year, gaining 20.7% versus a loss of 11.0%. Over five years, THG leads with a +65.2% price change compared with +53.0% for ORI. Old Republic International is the larger company by market cap ($9.31 billion vs $7.73 billion), about 1.2 times the size.
On valuation, Hanover Insurance Group trades at a lower forward P/E (11.3x vs 11.7x for Old Republic International). Old Republic International offers the higher dividend yield (3.14% vs 1.69%). Old Republic International converts more of its revenue into profit, with a net margin of 10.2% versus 10.0%.
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 | ORI | THG |
|---|---|---|
| Share price | $38.55 | $221.93 |
| Market cap | $9.31B | $7.73B |
| 1-day change | +2.23% | +1.99% |
| YTD return | -15.53% | +21.43% |
| 1-year return | -10.97% | +20.67% |
| 5-year return | +53.04% | +65.20% |
| P/E ratio (TTM) | 8.47 | 10.62 |
| Forward P/E | 11.68 | 11.32 |
| EPS (TTM) | $4.55 | $20.89 |
| Dividend yield | 3.14% | 1.69% |
| Annual dividend | $1.21 | $3.75 |
| Revenue (latest FY) | $9.14B | $6.59B |
| Revenue growth (YoY) | +10.99% | +5.72% |
| Net income (latest FY) | $935.40M | $662.50M |
| Operating margin | — | 14.15% |
| Net margin | 10.24% | 10.05% |
| 52-week high | $46.76 | $236.07 |
| 52-week low | $36.65 | $166.54 |
| Distance from 52-week high | -17.56% | -5.99% |
| Analyst consensus | none | hold |
| Avg. price target upside | +12.84% | +6.79% |
| Average volume | 1.29M | 309.74K |
| Shares outstanding | 241.43M | 34.82M |
| Employees | 9,500 | 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 ORI by 31.6 percentage points over the past year.
- Hanover Insurance Group trades at a higher earnings multiple (10.6x vs 8.5x trailing P/E).
- Old Republic International offers a meaningfully higher dividend yield (3.14% vs 1.69%).
- Old Republic International grew revenue faster in its latest fiscal year (+10.99% vs +5.72%).
About Old Republic International
ORI stock →Old Republic International Corporation, through its subsidiaries, provides insurance underwriting and related services in the United States and Canada. It operates in two segments, Specialty Insurance and Title Insurance.
Finance · Property-Casualty Insurers · 9,500 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
ORI vs THG FAQ
Which is bigger, Old Republic International or Hanover Insurance Group?
Old Republic International (ORI) is larger, with a market capitalization of $9.31B compared with $7.73B for Hanover Insurance Group (THG).
Which stock has performed better over the past year, ORI or THG?
THG returned +20.67% over the past 12 months, compared with -10.97% for ORI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ORI or THG?
ORI has the lower trailing P/E at 8.5, 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, Old Republic International or Hanover Insurance Group?
Old Republic International has the higher yield at 3.14%, compared with 1.69% for Hanover Insurance Group.
Are Old Republic International and Hanover Insurance Group in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.