ProAssurance Corporation (PRA)

ProAssurance Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	952.92	968.25	977.4	1,030	971.67	792.72
Total Interest & Dividend Income	149.97	144.54	128.42	95.97	70.52	72
Gain (Loss) on Sale of Investments	-2.46	1.9	13.83	-33.16	24.31	15.68
Other Revenue	28.51	28.98	20.56	14.29	57.91	-5.45
Total Revenue	1,129	1,144	1,140	1,107	1,124	874.94
Revenue Growth (YoY)	-1.58%	0.30%	3.03%	-1.58%	28.51%	-12.49%
Policy Benefits	708.64	739.44	800.49	776.76	752.25	661.45
Policy Acquisition & Underwriting Costs	132.07	135.43	134.81	133.18	110.61	110.57
Selling, General & Administrative	181.76	183.59	166.23	172.3	157.64	127.32
Other Operating Expenses	5.41	4.44	6.23	6.67	10.05	14.3
Total Operating Expenses	1,028	1,063	1,108	1,089	1,031	913.63
Operating Income	101.05	80.78	32.43	17.78	93.87	-38.69
Interest Expense	-21.42	-22.34	-23.15	-20.37	-19.72	-15.5
Currency Exchange Gain (Loss)	-4.75	6.73	-2.99	-	-	-
EBT Excluding Unusual Items	74.88	65.16	6.29	-2.6	74.15	-54.2
Merger & Restructuring Charges	-11.59	-0.32	-3.5	-1.86	-	-
Impairment of Goodwill	-	-	-44.11	-	-	-161.12
Other Unusual Items	-	-	3.8	-	74.41	-
Pretax Income	63.29	64.84	-37.52	-4.46	148.55	-215.31
Income Tax Expense	14.58	12.1	1.08	-4.05	4.43	-39.58
Net Income	48.71	52.74	-38.6	-0.4	144.12	-175.73
Net Income to Common	48.71	52.74	-38.6	-0.4	144.12	-175.73
Shares Outstanding (Basic)	51	51	53	54	54	54
Shares Outstanding (Diluted)	51	51	53	54	54	54
Shares Change (YoY)	0.47%	-2.88%	-2.50%	0.15%	0.28%	0.12%
EPS (Basic)	0.95	1.03	-0.73	-0.01	2.67	-3.26
EPS (Diluted)	0.95	1.03	-0.73	-0.01	2.67	-3.26
Free Cash Flow	-32.58	-19.73	-54.68	-34.19	70.13	84.87
Free Cash Flow Per Share	-0.63	-0.39	-1.04	-0.63	1.30	1.57
Dividend Per Share	-	-	0.050	0.200	0.200	0.460
Dividend Growth	-	-	-75.00%	-	-56.52%	-62.90%
Operating Margin	8.95%	7.06%	2.84%	1.61%	8.35%	-4.42%
Profit Margin	4.32%	4.61%	-3.39%	-0.04%	12.82%	-20.08%
Free Cash Flow Margin	-2.89%	-1.73%	-4.79%	-3.09%	6.24%	9.70%
EBITDA	116.4	98.53	58.45	55.84	131.11	-17.32
EBITDA Margin	10.31%	8.62%	5.13%	5.05%	11.66%	-1.98%
D&A For EBITDA	15.35	17.75	26.02	38.06	37.25	21.38
EBIT	101.05	80.78	32.43	17.78	93.87	-38.69
EBIT Margin	8.95%	7.06%	2.84%	1.61%	8.35%	-4.42%
Effective Tax Rate	23.04%	18.66%	-	-	2.98%	-
Revenue as Reported	1,124	1,150	1,137	1,107	1,124	874.94

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q