PRA: Proassurance Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Proassurance Corp (PRA).
$813.90M Market Cap.
PRA Market Cap. (MRY)
PRA Shares Outstanding (MRY)
PRA Assets (MRY)
Total Assets
$5.57B
Total Liabilities
$4.37B
Total Investments
$4.40B
PRA Income (MRY)
Revenue
$1.15B
Net Income
$52.74M
Operating Expense
$325.55M
PRA Cash Flow (MRY)
CF Operations
-$10.71M
CF Investing
$10.67M
CF Financing
-$10.97M
PRA Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $5,574,273,000 (-1.02%) | $5,631,925,000 (-1.19%) | $5,699,999,000 (-7.94%) | $6,191,477,000 (33.01%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $59,708,000 (-9.27%) | $65,808,000 (-43.49%) | $116,445,000 (-5.29%) | $122,946,000 (6.60%) |
Shareholders Equity | $1,201,749,000 (8.07%) | $1,111,980,000 (0.72%) | $1,104,018,000 (-22.71%) | $1,428,387,000 (5.87%) |
Property Plant & Equipment Net | $16,514,000 (1.47%) | $16,275,000 (-14.28%) | $18,987,000 (-3.10%) | $19,595,000 (3.06%) |
Cash & Equivalents | $54,881,000 (-16.72%) | $65,898,000 (119.96%) | $29,959,000 (-79.14%) | $143,602,000 (-33.45%) |
Accumulated Other Comprehensive Income | -$172,391,000 (15.70%) | -$204,489,000 (31.52%) | -$298,607,000 (-1933.74%) | $16,284,000 (-78.35%) |
Deferred Revenue | $418,756,000 (-3.45%) | $433,715,000 (2.55%) | $422,950,000 (-2.54%) | $433,961,000 (20.03%) |
Total Investments | $4,397,008,000 (0.40%) | $4,379,538,000 (-0.86%) | $4,417,651,000 (-9.08%) | $4,858,665,000 (42.07%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $686,818,000 (-6.35%) | $733,413,000 (1.52%) | $722,416,000 (-1.31%) | $732,006,000 (14.96%) |
Trade & Non-Trade Payables | $27,289,000 (13.61%) | $24,019,000 (-15.76%) | $28,514,000 (26.02%) | $22,627,000 (-43.43%) |
Accumulated Retained Earnings (Deficit) | $1,434,725,000 (3.82%) | $1,381,981,000 (-2.90%) | $1,423,286,000 (-0.78%) | $1,434,491,000 (10.25%) |
Tax Assets | $163,928,000 (-11.94%) | $186,164,000 (-11.15%) | $209,535,000 (78.16%) | $117,613,000 (105.96%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $442,263,000 (-0.46%) | $444,312,000 (-0.60%) | $446,991,000 (0.26%) | $445,830,000 (46.26%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $4,372,524,000 (-3.26%) | $4,519,945,000 (-1.65%) | $4,595,981,000 (-3.51%) | $4,763,090,000 (44.09%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
PRA Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,150,404,000 (1.16%) | $1,137,212,000 (2.76%) | $1,106,688,000 (-1.58%) | $1,124,410,000 (28.51%) |
Cost of Revenue | $739,435,000 (-7.63%) | $800,494,000 (3.06%) | $776,762,000 (3.26%) | $752,249,000 (13.73%) |
Selling General & Administrative Expense | $319,339,000 (6.18%) | $300,744,000 (-2.15%) | $307,338,000 (14.57%) | $268,246,000 (12.76%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $325,549,000 (-7.70%) | $352,717,000 (11.70%) | $315,770,000 (12.68%) | $280,243,000 (-32.48%) |
Interest Expense | $22,342,000 (-3.49%) | $23,150,000 (13.64%) | $20,372,000 (3.31%) | $19,719,000 (27.19%) |
Income Tax Expense | $10,334,000 (1996.15%) | -$545,000 (90.63%) | -$5,814,000 (-334.15%) | $2,483,000 (106.01%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $52,744,000 (236.63%) | -$38,604,000 (-9502.99%) | -$402,000 (-100.28%) | $144,124,000 (182.02%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $52,744,000 (236.63%) | -$38,604,000 (-9502.99%) | -$402,000 (-100.28%) | $144,124,000 (182.02%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $52,744,000 (236.63%) | -$38,604,000 (-9502.99%) | -$402,000 (-100.28%) | $144,124,000 (182.02%) |
Weighted Average Shares | $51,097,000 (-2.93%) | $52,642,000 (-2.53%) | $54,008,000 (0.09%) | $53,962,000 (0.18%) |
Weighted Average Shares Diluted | $51,266,000 (-2.88%) | $52,788,000 (-2.50%) | $54,140,000 (0.15%) | $54,058,000 (0.28%) |
Earning Before Interest & Taxes (EBIT) | $85,420,000 (633.91%) | -$15,999,000 (-213.02%) | $14,156,000 (-91.49%) | $166,326,000 (182.52%) |
Gross Profit | $410,969,000 (22.05%) | $336,718,000 (2.06%) | $329,926,000 (-11.35%) | $372,161,000 (74.32%) |
Operating Income | $85,420,000 (633.91%) | -$15,999,000 (-213.02%) | $14,156,000 (-84.60%) | $91,918,000 (145.60%) |
PRA Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $10,672,000 (-92.44%) | $141,139,000 (327.65%) | -$61,997,000 (27.51%) | -$85,526,000 (-908.09%) |
Net Cash Flow from Financing | -$10,974,000 (80.16%) | -$55,315,000 (-153.68%) | -$21,805,000 (64.03%) | -$60,624,000 (-39.54%) |
Net Cash Flow from Operations | -$10,715,000 (78.52%) | -$49,885,000 (-67.17%) | -$29,841,000 (-140.34%) | $73,970,000 (-19.90%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$11,017,000 (-130.65%) | $35,939,000 (131.62%) | -$113,643,000 (-57.44%) | -$72,180,000 (-278.61%) |
Net Cash Flow - Business Acquisitions and Disposals | $18,265,000 (-8.08%) | $19,870,000 (299.32%) | $4,976,000 (102.42%) | -$205,864,000 (-823356.00%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$419,000 (-100.35%) | $121,201,000 (325.87%) | -$53,659,000 (-156.88%) | $94,337,000 (584.35%) |
Capital Expenditure | -$9,016,000 (-88.23%) | -$4,790,000 (-10.04%) | -$4,353,000 (-13.36%) | -$3,840,000 (48.65%) |
Issuance (Repayment) of Debt Securities | -$4,687,000 (0%) | $0 (0%) | $0 (0%) | -$36,113,000 (-2304.33%) |
Issuance (Purchase) of Equity Shares | $8,000 (100.02%) | -$50,488,000 (-1452.52%) | -$3,252,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | -$5,379,000 (50.05%) | -$10,768,000 (-0.09%) | -$10,758,000 (72.18%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $6,203,000 (18.22%) | $5,247,000 (8.66%) | $4,829,000 (10.00%) | $4,390,000 (14.32%) |
Depreciation Amortization & Accretion | $17,751,000 (-31.77%) | $26,015,000 (-31.65%) | $38,063,000 (2.19%) | $37,247,000 (74.25%) |
PRA Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 35.70% (20.61%) | 29.60% (-0.67%) | 29.80% (-9.97%) | 33.10% (35.66%) |
Profit Margin | 4.60% (235.29%) | -3.40% (0%) | 0% (0%) | 12.80% (163.68%) |
EBITDA Margin | 9.00% (900.00%) | 0.90% (-80.85%) | 4.70% (-74.03%) | 18.10% (187.86%) |
Return on Average Equity (ROAE) | 4.50% (228.57%) | -3.50% (0%) | 0% (0%) | 10.30% (181.75%) |
Return on Average Assets (ROAA) | 0.90% (228.57%) | -0.70% (0%) | 0% (0%) | 2.40% (164.86%) |
Return on Sales (ROS) | 7.40% (628.57%) | -1.40% (-207.69%) | 1.30% (-91.22%) | 14.80% (164.35%) |
Return on Invested Capital (ROIC) | 1.40% (566.67%) | -0.30% (-250.00%) | 0.20% (-92.86%) | 2.80% (163.64%) |
Dividend Yield | 0% (0%) | 0.40% (-63.64%) | 1.10% (37.50%) | 0.80% (-69.23%) |
Price to Earnings Ratio (P/E) | 15.45 (181.77%) | -18.89 (98.92%) | -1,747 (-18536.05%) | 9.48 (273.65%) |
Price to Sales Ratio (P/S) | 0.71 (10.82%) | 0.64 (-25.21%) | 0.85 (-29.74%) | 1.21 (10.87%) |
Price to Book Ratio (P/B) | 0.68 (7.12%) | 0.63 (-26.00%) | 0.85 (-10.67%) | 0.96 (34.46%) |
Debt to Equity Ratio (D/E) | 3.64 (-10.50%) | 4.07 (-2.35%) | 4.16 (24.83%) | 3.33 (36.12%) |
Earnings Per Share (EPS) | 1.03 (241.10%) | -0.73 (-7200.00%) | -0.01 (-100.37%) | 2.67 (181.90%) |
Sales Per Share (SPS) | 22.51 (4.22%) | 21.6 (5.43%) | 20.49 (-1.66%) | 20.84 (28.28%) |
Free Cash Flow Per Share (FCFPS) | -0.39 (62.85%) | -1.04 (-64.14%) | -0.63 (-148.69%) | 1.3 (-17.51%) |
Book Value Per Share (BVPS) | 23.52 (11.34%) | 21.12 (3.33%) | 20.44 (-22.77%) | 26.47 (5.67%) |
Tangible Assets Book Value Per Share (TABVPS) | 107.92 (2.07%) | 105.73 (2.27%) | 103.38 (-8.07%) | 112.46 (33.44%) |
Enterprise Value Over EBIT (EV/EBIT) | 14 (120.59%) | -68 (-171.58%) | 95 (850.00%) | 10 (300.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.75 (-89.14%) | 108.25 (319.16%) | 25.83 (226.70%) | 7.91 (238.03%) |
Asset Turnover | 0.2 (1.49%) | 0.2 (6.35%) | 0.19 (-1.05%) | 0.19 (2.69%) |
Current Ratio | - | - | - | - |
Dividends | $0 (0%) | $0.05 (-75.00%) | $0.2 (0.00%) | $0.2 (-56.52%) |
Free Cash Flow (FCF) | -$19,731,000 (63.91%) | -$54,675,000 (-59.90%) | -$34,194,000 (-148.76%) | $70,130,000 (-17.36%) |
Enterprise Value (EV) | $1,212,703,781 (11.85%) | $1,084,262,240 (-19.60%) | $1,348,610,323 (-16.20%) | $1,609,259,093 (55.95%) |
Earnings Before Tax (EBT) | $63,078,000 (261.12%) | -$39,149,000 (-529.81%) | -$6,216,000 (-104.24%) | $146,607,000 (167.54%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $103,171,000 (930.06%) | $10,016,000 (-80.82%) | $52,219,000 (-74.35%) | $203,573,000 (212.98%) |
Invested Capital | $5,901,947,000 (-0.72%) | $5,944,531,000 (-0.93%) | $6,000,586,000 (-5.81%) | $6,370,759,000 (37.64%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $5,514,565,000 (-0.93%) | $5,566,117,000 (-0.31%) | $5,583,554,000 (-7.99%) | $6,068,531,000 (33.68%) |
Market Capitalization | $813,896,781 (15.80%) | $702,867,240 (-25.44%) | $942,743,323 (-30.97%) | $1,365,784,093 (42.46%) |
Average Equity | $1,169,617,000 (6.77%) | $1,095,456,750 (-5.19%) | $1,155,417,750 (-17.42%) | $1,399,211,250 (0.28%) |
Average Assets | $5,642,911,250 (-0.17%) | $5,652,789,250 (-3.51%) | $5,858,276,500 (-0.50%) | $5,887,867,500 (24.86%) |
Invested Capital Average | $5,974,693,750 (0.42%) | $5,949,422,500 (-3.12%) | $6,140,726,750 (2.26%) | $6,005,004,000 (30.52%) |
Shares | 51,156,303 (0.37%) | 50,969,343 (-5.55%) | 53,963,556 (-0.04%) | 53,983,561 (0.17%) |
