CoverageForm 410-K10-Q8-K13D13G13F

PRA · Proassurance Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$1.10B$1.15B$1.14B$1.11B$1.12B$874.94M
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses------
D&A------
Operating Income$72.07M$63.08M($39.15M)($6.22M)$146.61M($217.06M)
Interest Expense--$23.15M$20.37M$19.72M$15.50M
Income Tax$21.15M$10.33M($545.0K)($5.81M)$2.48M($41.33M)
Net Income$50.91M$52.74M($38.60M)($402.0K)$144.12M($175.73M)
EPS - Basic$0.99$1.03($0.73)($0.01)$2.67($3.26)
EPS - Diluted$0.99$1.03($0.73)($0.01)$2.67($3.26)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$36.49M$54.88M$65.90M$29.96M$143.60M$215.78M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$5.45B$5.57B$5.63B$5.70B$6.19B$4.65B
Current Liabilities------
Long-term Debt$420.42M$424.87M$427.13M$426.98M$424.99M$284.71M
Total Liabilities$4.10B$4.37B$4.52B$4.60B$4.76B$3.31B
Stockholders' Equity$1.35B$1.20B$1.11B$1.10B$1.43B$1.35B
Retained Earnings$1.49B$1.43B$1.38B$1.42B$1.43B$1.30B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow($25.62M)($10.71M)($49.88M)($29.84M)$73.97M$92.34M
Investing Cash Flow$19.44M$10.67M$141.14M($62.00M)($85.53M)($8.48M)
Financing Cash Flow($12.20M)($10.97M)($55.31M)($21.80M)($60.62M)($43.45M)
CapEx------
Free Cash Flow------

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin6.6%5.5%-3.4%-0.6%13.0%-24.8%
EBITDA margin------
Net margin4.6%4.6%-3.4%-0.0%12.8%-20.1%
Free cash flow margin------
FCF / Net income------
R&D / Revenue------
SG&A / Revenue------
Effective tax rate29.4%16.4%--1.7%-
Return on assets0.9%0.9%-0.7%-0.0%2.3%-3.8%
Return on equity3.8%4.4%-3.5%-0.0%10.1%-13.0%
Return on invested capital2.9%3.2%-2.0%-0.3%7.8%-10.5%
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity0.310.350.380.390.300.21
Debt / Assets0.080.080.080.070.070.06
Debt / EBITDA------
Interest coverage---1.7x-0.3x7.4x-14.0x
Equity multiplier4.044.645.065.164.333.45
Liabilities / Assets0.750.780.800.810.770.71
Efficiency
Asset turnover0.200.210.200.190.180.19
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E------
P / B------
P / S------
EV / EBITDA------
Growth
Revenue growth (YoY)-4.6%1.2%2.8%-1.6%28.5%-12.5%
Revenue CAGR (3y)-0.3%0.8%9.1%3.4%8.3%0.3%
Revenue CAGR (5y)4.6%2.8%5.1%5.0%5.3%2.5%
Gross profit growth (YoY)------
Operating income growth (YoY)14.3%--529.8%---653.6%
Net income growth (YoY)-3.5%--9503.0%---
EPS growth (YoY)-3.9%--7200.0%---
EPS CAGR (3y)--27.2%--44.8%-
EPS CAGR (5y)-120.0%---1.2%-
FCF growth (YoY)------
FCF CAGR (5y)------
Book value growth (YoY)12.3%8.1%0.7%-22.7%5.9%-10.8%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

3/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Fire, Marine & Casualty Insurance

CompanyRevenue (last FY)Net marginROE
PGR$87.67B12.9%37.3%
DGICA$978.01M8.1%12.4%
AIG$26.77B11.6%7.5%
TRV$48.83B12.9%19.1%
CINF$12.63B18.9%15.0%

Comparing PROASSURANCE CORP against the 5 most active filers in the same SIC group.