PRA
ProAssurance Corporation
NYSE: PRA · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$24.60
-0.24% today
Updated 2026-05-06
Market cap
$1.27B
P/E ratio
24.91
P/S ratio
1.15x
EPS (TTM)
$0.99
Dividend yield
—
52W range
$23 – $25
Volume
0.8M
ProAssurance Corporation (PRA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $737.60M | $706.07M | $562.59M | $672.68M | $692.07M | $725.93M | $722.73M | $732.64M | $848.34M | $768.40M | $875.98M | $858.12M | $877.08M | $1.01B | $886.86M | $1.08B | $1.10B | $1.13B | $1.13B | $1.10B |
| Revenue growth (YoY) | — | -4.3% | -20.3% | +19.6% | +2.9% | +4.9% | -0.4% | +1.4% | +15.8% | -9.4% | +14.0% | -2.0% | +2.2% | +15.1% | -12.2% | +21.3% | +2.5% | +2.6% | -0.2% | -2.7% |
| Cost of revenue | $549.70M | $457.75M | $311.88M | $347.61M | $356.10M | $298.71M | $179.91M | $224.76M | $363.08M | $490.27M | $531.61M | $564.91M | $697.71M | $869.25M | $772.01M | $862.85M | $909.94M | $935.31M | $874.87M | $665.42M |
| Gross profit | $187.90M | $248.32M | $250.71M | $325.08M | $335.97M | $427.22M | $542.81M | $507.88M | $485.26M | $278.13M | $344.37M | $293.21M | $179.37M | $140.65M | $114.85M | $212.58M | $191.86M | $195.11M | $253.34M | $432.61M |
| Gross margin | 25.5% | 35.2% | 44.6% | 48.3% | 48.5% | 58.9% | 75.1% | 69.3% | 57.2% | 36.2% | 39.3% | 34.2% | 20.5% | 13.9% | 13.0% | 19.8% | 17.4% | 17.3% | 22.5% | 39.4% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.49M | $4.36M | $5.05M | $5.39M | — | — | — |
| Operating income | $176.83M | $236.34M | $248.39M | $318.76M | $332.68M | $414.60M | $395.97M | $397.16M | $262.00M | $128.85M | $176.20M | $128.62M | $29.02M | $-28.80M | $-217.06M | $146.61M | $-6.22M | $-39.15M | $63.08M | $72.07M |
| Operating margin | 24.0% | 33.5% | 44.2% | 47.4% | 48.1% | 57.1% | 54.8% | 54.2% | 30.9% | 16.8% | 20.1% | 15.0% | 3.3% | -2.9% | -24.5% | 13.6% | -0.6% | -3.5% | 5.6% | 6.6% |
| EBITDA | $206.73M | $264.41M | $271.85M | $341.89M | $362.64M | $453.76M | $435.72M | $435.75M | $315.68M | $179.67M | $224.02M | $174.26M | $66.40M | $6.50M | $-180.18M | $203.57M | $52.22M | $10.02M | $103.17M | $106.60M |
| EBITDA margin | 28.0% | 37.4% | 48.3% | 50.8% | 52.4% | 62.5% | 60.3% | 59.5% | 37.2% | 23.4% | 25.6% | 20.3% | 7.6% | 0.6% | -20.3% | 18.9% | 4.7% | 0.9% | 9.1% | 9.7% |
| EBIT | $187.90M | $248.32M | $255.28M | $322.24M | $335.97M | $418.08M | $398.15M | $399.91M | $276.09M | $143.45M | $191.23M | $145.47M | $45.14M | $-12.17M | $-201.55M | $166.33M | $14.16M | $-16.00M | $85.42M | $92.91M |
| Interest expense | $11.07M | $11.98M | $6.89M | $3.48M | $3.29M | $3.48M | $2.18M | $2.75M | $14.08M | $14.60M | $15.03M | $16.84M | $16.12M | $16.64M | $15.50M | $19.72M | $20.37M | $23.15M | $22.34M | $20.84M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $236.43M | $168.19M | $177.72M | $222.03M | $231.60M | $287.10M | $275.47M | $297.52M | $196.56M | $116.20M | $151.08M | $107.26M | $47.06M | $1.00M | $-175.73M | $144.12M | $-402000.00 | $-38.60M | $52.74M | $50.91M |
| Net income growth (YoY) | — | -28.9% | +5.7% | +24.9% | +4.3% | +24.0% | -4.0% | +8.0% | -33.9% | -40.9% | +30.0% | -29.0% | -56.1% | -97.9% | -17602.7% | +182.0% | -100.3% | -9503.0% | +236.6% | -3.5% |
| Profit margin | 32.1% | 23.8% | 31.6% | 33.0% | 33.5% | 39.5% | 38.1% | 40.6% | 23.2% | 15.1% | 17.2% | 12.5% | 5.4% | 0.1% | -19.8% | 13.4% | -0.0% | -3.4% | 4.7% | 4.6% |