PRA Q2 2021 Earnings — ProAssurance Corporation Revenue & Financial Results | Market Cap Arena

PRAProAssurance Corporation

$1B

Q2 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$270M+9.1% YoY

Gross Profit

$61M22.7% margin

Operating Income

$88M32.8% margin

Net Income

$92M34.1% margin

EPS (Diluted)

$1.70

QoQ Revenue Growth

+26.5%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$450,000

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$4.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$270M	$247M	+9.1%
Gross Profit	$61M	$11M	+469.1%
Operating Income	$88M	-$57M	+255.8%
Net Income	$92M	-$18M	+608.6%