PROASSURANCE CORPPRAEarnings & Financial Report
ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997. The name "ProAssurance" was created in 2001 when Medical Assurance merged with Professionals Group. The company is currently the fourth largest medical professional liability insurance writer and has over $6 billion in assets.
Revenue
$272.1M
Gross Profit
N/A
Operating Profit
$-6.3M
Net Profit
$-5.8M
Gross Margin
N/A
Operating Margin
-2.3%
Net Margin
-2.1%
YoY Growth
-4.4%
EPS
$-0.11
PROASSURANCE CORP Q1 FY2025 Financial Summary
PROASSURANCE CORP reported revenue of $272.1M (down 4.4% YoY) for Q1 FY2025, with a net profit of $-5.8M (down 225.9% YoY) (-2.1% margin).
Key Financial Metrics
| Total Revenue | $272.1M |
|---|---|
| Net Profit | $-5.8M |
| Gross Margin | N/A |
| Operating Margin | -2.3% |
| Report Period | Q1 FY2025 |
PROASSURANCE CORP Annual Revenue by Year
PROASSURANCE CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $1.2B |
| 2023 | $1.1B |
| 2022 | $1.1B |
PROASSURANCE CORP Quarterly Revenue & Net Profit History
PROASSURANCE CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $269.6M | -7.1% | $33.4M | 12.4% |
| Q3 FY2025 | $279.6M | -2.0% | $1.4M | 0.5% |
| Q2 FY2025 | $276.8M | -4.7% | $21.9M | 7.9% |
| Q1 FY2025 | $272.1M | -4.4% | $-5.8M | -2.1% |
| Q4 FY2024 | $290.1M | -2.3% | $16.2M | 5.6% |
| Q3 FY2024 | $285.3M | +3.4% | $16.4M | 5.8% |
| Q2 FY2024 | $290.4M | -0.5% | $15.5M | 5.3% |
| Q1 FY2024 | $284.7M | +4.4% | $4.6M | 1.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $284.7M | $290.4M | $285.3M | $290.1M | $272.1M | $276.8M | $279.6M | $269.6M |
| YoY Growth | 4.4% | -0.5% | 3.4% | -2.3% | -4.4% | -4.7% | -2.0% | -7.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.65B | $5.61B | $5.73B | $5.57B | $5.53B | $5.49B | $5.55B | $5.45B |
| Liabilities | $4.54B | $4.48B | $4.50B | $4.37B | $4.29B | $4.21B | $4.25B | $4.10B |
| Equity | $1.11B | $1.13B | $1.23B | $1.20B | $1.23B | $1.28B | $1.30B | $1.35B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-11.6M | $-12.8M | $14.0M | $-10.7M | $-11.6M | $-28.1M | $27.2M | $-25.6M |