See more : Café Serendipity Holdings, Inc. (CAFS) Income Statement Analysis – Financial Results
Complete financial analysis of ProAssurance Corporation (PRA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ProAssurance Corporation, a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
You may be interested
- Kratos Defense & Security Solutions, Inc. (KTOS) Income Statement Analysis – Financial Results
- Jiangsu Nata Opto-electronic Material Co., Ltd. (300346.SZ) Income Statement Analysis – Financial Results
- BMO Global Smaller Companies PLC (BGSC.L) Income Statement Analysis – Financial Results
- BANSISONS TEA INDUSTRIES LTD. (BANSTEA.BO) Income Statement Analysis – Financial Results
- Tecnisa S.A. (TCSA3.SA) Income Statement Analysis – Financial Results
ProAssurance Corporation (PRA)
Industry: Insurance - Property & Casualty
Sector: Financial Services
Website: https://www.proassurance.com
About ProAssurance Corporation
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. The company also participates in Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance. It markets its products through independent agencies and brokers, as well as an internal sales force. The company was founded in 1976 and is headquartered in Birmingham, Alabama.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.14B | 1.10B | 1.08B | 886.86M | 1.01B | 877.08M | 858.12M | 875.98M | 772.08M | 848.34M | 732.64M | 722.73M | 716.78M | 692.07M | 672.68M | 562.59M | 706.07M | 737.60M | 645.31M | 794.55M | 709.64M | 555.77M | 382.56M | 222.59M | 208.00M | 193.60M | 160.70M | 139.40M | 110.30M | 85.60M | 87.70M | 85.10M | 76.00M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.14B | 1.10B | 1.08B | 886.86M | 1.01B | 877.08M | 858.12M | 875.98M | 768.40M | 848.34M | 732.64M | 722.73M | 716.78M | 692.07M | 672.68M | 562.59M | 706.07M | 737.60M | 645.31M | 794.55M | 709.64M | 555.77M | 382.56M | 222.59M | 208.00M | 193.60M | 160.70M | 139.40M | 110.30M | 85.60M | 87.70M | 85.10M | 76.00M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 99.52% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 174.16M | 157.64M | 127.32M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 1.13B | 174.16M | -937.77M | -1.11B | -1.05B | 831.00M | 705.00M | 671.00M | 628.00M | 574.00M | 373.00M | 316.00M | 299.00M | 356.00M | 348.00M | 312.00M | 458.00M | 550.00M | 530.00M | -690.57M | -656.08M | -540.50M | -370.36M | -194.29M | -144.80M | -128.50M | -111.50M | -98.70M | -71.60M | -54.40M | -50.30M | -56.90M | -53.90M |
| Operating Expenses | 1.13B | 174.16M | -937.77M | -1.11B | -1.05B | 831.00M | 705.00M | 671.00M | 628.00M | 574.00M | 373.00M | 316.00M | 299.00M | 356.00M | 348.00M | 312.00M | 458.00M | 550.00M | 530.00M | -690.57M | -656.08M | -540.50M | -370.36M | -194.29M | -144.80M | -128.50M | -111.50M | -98.70M | -71.60M | -54.40M | -50.30M | -56.90M | -53.90M |
| Cost & Expenses | 1.13B | 1.11B | 928.83M | 1.10B | 1.04B | 822.82M | 696.88M | 676.60M | 643.22M | 586.34M | 335.48M | 326.76M | 302.19M | 359.39M | 353.92M | 314.21M | 469.73M | 560.77M | 536.45M | 697.09M | 659.31M | 542.16M | 371.59M | 38.58M | 40.20M | 33.50M | 33.90M | 25.70M | 17.90M | 10.50M | 8.80M | 8.20M | 7.20M |
| Interest Income | 0.00 | 20.37M | 19.72M | 15.50M | 16.64M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 23.15M | 20.37M | 19.72M | 15.50M | 16.64M | 16.12M | 16.84M | 15.03M | 14.60M | 14.08M | 2.76M | 2.18M | 3.48M | 3.29M | 3.48M | 6.89M | 11.98M | 11.07M | 8.93M | 6.52M | 3.41M | 2.88M | 2.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 26.02M | 38.06M | 37.25M | 21.38M | 18.67M | 21.26M | 28.80M | 32.79M | 36.40M | 50.32M | 45.97M | 37.57M | 35.69M | 26.67M | 19.66M | 16.57M | 16.09M | 18.83M | 24.00M | 27.03M | 23.51M | 15.04M | 3.24M | 6.33M | 6.40M | 3.20M | 18.40M | 200.00K | 2.00M | 3.00M | 3.00M | 3.10M | 1.00M |
| EBITDA | 10.02M | 52.22M | 203.57M | -180.18M | 6.50M | 66.40M | 174.26M | 224.02M | 323.75M | 315.68M | 435.75M | 435.72M | 441.38M | 362.64M | 341.89M | 271.85M | 264.41M | 206.73M | 141.79M | 131.01M | 77.07M | 30.31M | 15.44M | 0.00 | 0.00 | 0.00 | 15.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.88% | 4.74% | 16.26% | -22.79% | -1.92% | 7.57% | 20.31% | 25.57% | 23.29% | 38.48% | 60.86% | 60.29% | 63.31% | 52.40% | 50.83% | 48.32% | 37.45% | 42.86% | 27.15% | 16.49% | 10.86% | 5.45% | 4.04% | 15.56% | 33.46% | 35.28% | 42.07% | 29.34% | 36.90% | 39.95% | 46.07% | 36.78% | 30.39% |
| Operating Income | 0.00 | 14.16M | 137.67M | -223.53M | -38.02M | 45.14M | 145.47M | 191.23M | 143.45M | 276.09M | 399.91M | 398.15M | 418.08M | 335.97M | 322.24M | 177.73M | 168.19M | 126.98M | 80.03M | 103.98M | 53.56M | 15.27M | 12.19M | 28.30M | 63.20M | 65.10M | 49.20M | 40.70M | 38.70M | 31.20M | 37.40M | 28.20M | 22.10M |
| Operating Income Ratio | 0.00% | 1.28% | 12.80% | -25.20% | -3.77% | 5.15% | 16.95% | 21.83% | 18.58% | 32.54% | 54.59% | 55.09% | 58.33% | 48.55% | 47.90% | 31.59% | 23.82% | 17.22% | 12.40% | 13.09% | 7.55% | 2.75% | 3.19% | 12.71% | 30.38% | 33.63% | 30.62% | 29.20% | 35.09% | 36.45% | 42.65% | 33.14% | 29.08% |
| Total Other Income/Expenses | -39.15M | -6.22M | 8.94M | -217.06M | -28.80M | -25.39M | -32.28M | -694.01M | -15.22M | -590.32M | 26.06M | -5.34M | -8.32M | -3.29M | -12.85M | -57.34M | -18.10M | -14.11M | -9.70M | -31.78M | 6.52M | 13.61M | 10.97M | 44.99M | 0.00 | 52.30M | 0.00 | 0.00 | 0.00 | 0.00 | 30.50M | 0.00 | 0.00 |
| Income Before Tax | -39.15M | -6.22M | 146.61M | -217.06M | -28.80M | 54.26M | 161.24M | 199.38M | 128.86M | 262.01M | 397.16M | 395.97M | 414.60M | 332.68M | 318.76M | 248.39M | 236.34M | 176.83M | 108.86M | 97.47M | 50.33M | 13.61M | 10.97M | 73.29M | 106.80M | 117.40M | 90.90M | 75.60M | 73.00M | 55.40M | 67.90M | 54.80M | 43.40M |
| Income Before Tax Ratio | -3.44% | -0.56% | 13.63% | -24.47% | -2.85% | 6.19% | 18.79% | 22.76% | 16.69% | 30.88% | 54.21% | 54.79% | 57.84% | 48.07% | 47.39% | 44.15% | 33.47% | 23.97% | 16.87% | 12.27% | 7.09% | 2.45% | 2.87% | 32.93% | 51.35% | 60.64% | 56.57% | 54.23% | 66.18% | 64.72% | 77.42% | 64.39% | 57.11% |
| Income Tax Expense | -545.00K | -5.81M | 2.48M | -41.33M | -29.81M | -18.03M | 21.36M | 25.12M | 12.66M | 65.44M | 99.64M | 120.50M | 127.50M | 101.08M | 96.74M | 70.66M | 68.15M | 49.84M | 28.84M | 24.66M | 11.45M | 188.00K | -2.85M | 4.00M | 16.50M | 17.70M | 11.70M | 9.60M | 9.00M | 6.40M | 6.90M | 5.30M | 4.60M |
| Net Income | -38.60M | -402.00K | 144.12M | -175.73M | 1.00M | 47.06M | 107.26M | 151.08M | 116.20M | 196.57M | 297.52M | 275.47M | 287.10M | 231.60M | 222.03M | 177.73M | 168.19M | 236.43M | 113.46M | 72.81M | 38.70M | 12.21M | 12.45M | 24.30M | 46.70M | 47.40M | 37.50M | 31.10M | 29.70M | 24.80M | 30.50M | 22.90M | 17.50M |
| Net Income Ratio | -3.39% | -0.04% | 13.40% | -19.81% | 0.10% | 5.37% | 12.50% | 17.25% | 15.05% | 23.17% | 40.61% | 38.12% | 40.05% | 33.46% | 33.01% | 31.59% | 23.82% | 32.05% | 17.58% | 9.16% | 5.45% | 2.20% | 3.25% | 10.92% | 22.45% | 24.48% | 23.34% | 22.31% | 26.93% | 28.97% | 34.78% | 26.91% | 23.03% |
| EPS | -0.73 | -0.01 | 2.67 | -3.26 | 0.02 | 0.88 | 2.01 | 2.84 | 2.19 | 3.32 | 4.82 | 4.49 | 4.70 | 3.65 | 3.38 | 2.72 | 2.55 | 3.69 | 1.89 | 1.25 | 0.67 | 0.24 | 0.26 | 0.52 | 0.98 | 0.96 | 0.76 | 0.65 | 0.62 | 0.53 | 0.62 | 0.46 | 0.35 |
| EPS Diluted | -0.73 | -0.01 | 2.67 | -3.26 | 0.02 | 0.88 | 2.00 | 2.83 | 2.11 | 3.30 | 4.80 | 4.46 | 4.65 | 3.60 | 3.35 | 2.61 | 2.39 | 3.43 | 1.77 | 1.19 | 0.67 | 0.23 | 0.26 | 0.52 | 0.98 | 0.96 | 0.76 | 0.65 | 0.62 | 0.53 | 0.62 | 0.46 | 0.35 |
| Weighted Avg Shares Out | 52.64M | 54.01M | 53.96M | 53.86M | 53.74M | 53.60M | 53.46M | 53.25M | 53.10M | 59.29M | 61.76M | 61.34M | 61.14M | 63.58M | 65.70M | 65.50M | 65.92M | 64.09M | 60.10M | 58.33M | 57.91M | 52.46M | 48.53M | 46.58M | 47.98M | 49.38M | 49.67M | 48.22M | 48.29M | 47.22M | 49.59M | 49.78M | 50.00M |
| Weighted Avg Shares Out (Dil) | 52.79M | 54.14M | 54.06M | 53.86M | 53.84M | 53.75M | 53.61M | 53.45M | 55.02M | 59.53M | 62.02M | 61.83M | 61.68M | 64.35M | 66.30M | 68.72M | 71.65M | 69.85M | 65.82M | 63.97M | 60.78M | 52.51M | 48.53M | 46.66M | 47.98M | 49.38M | 49.67M | 48.22M | 48.29M | 47.22M | 49.59M | 49.78M | 50.00M |
ProAssurance (PRA) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ProAssurance (PRA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
ProAssurance (PRA) Moves 12.6% Higher: Will This Strength Last?
ProAssurance (PRA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
5 Property & Casualty Insurers to Buy for Sparkling Returns
We have narrowed our search to five P&C insurers with strong potential for the rest of 2024. These stocks are: HCI, RLI, PLMR, PRA, ROOT.
Here's Why ProAssurance (PRA) Is a Great 'Buy the Bottom' Stock Now
ProAssurance (PRA) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Down -14.08% in 4 Weeks, Here's Why ProAssurance (PRA) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for ProAssurance (PRA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is...
ProAssurance (PRA) Rises 8.5% in 3 Months: More Growth Ahead?
Thanks to its cost-controlling efforts, ProAssurance's (PRA) expenses are expected to decline in the coming quarters.
5 P&C Insurers to Buy Despite an Active Hurricane Season
Better pricing, prudent underwriting, increased exposure, favorable reserve development and a solid capital position help PGR, RLI, HCI, PLMR and PRA withstand blows from catastrophe events.
ProAssurance Announces Election of Richard J. Bielen, C.P.A.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) today announced that at its Annual Meeting of Shareholders held on May 22, shareholders elected new directors Richard J. Bielen, C.P.A., and Staci M. Pierce, J.D., and re-elected directors Bruce D. Angiolillo, J.D. (chairman), and...
Why ProAssurance (PRA) Might be Well Poised for a Surge
ProAssurance (PRA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ProAssurance Corporation (PRA) Q1 2024 Earnings Call Transcript
ProAssurance Corporation (NYSE:PRA ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Heather Wietzel - Senior Vice President, Investor Relations Edward Rand - President and Chief Executive Officer Dana Hendricks - Executive Vice President, Chief...
Source: https://incomestatements.info
Category: Stock Reports