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Side-by-side financial comparison of Cable One, Inc. (CABO) and PROASSURANCE CORP (PRA). Click either name above to swap in a different company.

Cable One, Inc. is the larger business by last-quarter revenue ($363.7M vs $269.6M, roughly 1.3× PROASSURANCE CORP). On growth, Cable One, Inc. posted the faster year-over-year revenue change (-6.1% vs -7.1%). Over the past eight quarters, PROASSURANCE CORP's revenue compounded faster (-2.7% CAGR vs -5.2%).

Cable One, Inc. is an American broadband communications provider. Under the Sparklight brand, it provides cable television, internet, and phone services to 24 U.S. states and 1.1 million residential and business customers. It also owns the Fidelity Communications brand, which provides the same services in Arkansas, Louisiana, Missouri, Oklahoma, and Texas. Fidelity was founded in 1940. It is headquartered in Phoenix, Arizona, though it does not serve that metro area.

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.

CABO vs PRA — Head-to-Head

Bigger by revenue
CABO
CABO
1.3× larger
CABO
$363.7M
$269.6M
PRA
Growing faster (revenue YoY)
CABO
CABO
+1.0% gap
CABO
-6.1%
-7.1%
PRA
Faster 2-yr revenue CAGR
PRA
PRA
Annualised
PRA
-2.7%
-5.2%
CABO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CABO
CABO
PRA
PRA
Revenue
$363.7M
$269.6M
Net Profit
$33.4M
Gross Margin
Operating Margin
25.2%
17.3%
Net Margin
12.4%
Revenue YoY
-6.1%
-7.1%
Net Profit YoY
106.4%
EPS (diluted)
$-0.49
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CABO
CABO
PRA
PRA
Q4 25
$363.7M
$269.6M
Q3 25
$376.0M
$279.6M
Q2 25
$381.1M
$276.8M
Q1 25
$380.6M
$272.1M
Q4 24
$387.2M
$290.1M
Q3 24
$393.6M
$285.3M
Q2 24
$394.5M
$290.4M
Q1 24
$404.3M
$284.7M
Net Profit
CABO
CABO
PRA
PRA
Q4 25
$33.4M
Q3 25
$86.5M
$1.4M
Q2 25
$-438.0M
$21.9M
Q1 25
$2.6M
$-5.8M
Q4 24
$16.2M
Q3 24
$44.2M
$16.4M
Q2 24
$38.2M
$15.5M
Q1 24
$37.4M
$4.6M
Operating Margin
CABO
CABO
PRA
PRA
Q4 25
25.2%
17.3%
Q3 25
25.2%
1.6%
Q2 25
-128.4%
9.9%
Q1 25
25.1%
-2.3%
Q4 24
26.2%
6.5%
Q3 24
28.0%
7.4%
Q2 24
27.9%
6.2%
Q1 24
29.6%
1.9%
Net Margin
CABO
CABO
PRA
PRA
Q4 25
12.4%
Q3 25
23.0%
0.5%
Q2 25
-114.9%
7.9%
Q1 25
0.7%
-2.1%
Q4 24
5.6%
Q3 24
11.2%
5.8%
Q2 24
9.7%
5.3%
Q1 24
9.2%
1.6%
EPS (diluted)
CABO
CABO
PRA
PRA
Q4 25
$-0.49
$0.65
Q3 25
$14.52
$0.03
Q2 25
$-77.70
$0.42
Q1 25
$0.46
$-0.11
Q4 24
$-18.05
$0.32
Q3 24
$7.58
$0.32
Q2 24
$6.58
$0.30
Q1 24
$6.46
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CABO
CABO
PRA
PRA
Cash + ST InvestmentsLiquidity on hand
$152.8M
$36.5M
Total DebtLower is stronger
$2.6B
$420.4M
Stockholders' EquityBook value
$1.4B
$1.3B
Total Assets
$5.6B
$5.4B
Debt / EquityLower = less leverage
1.81×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CABO
CABO
PRA
PRA
Q4 25
$152.8M
$36.5M
Q3 25
$166.6M
$54.5M
Q2 25
$152.9M
$41.6M
Q1 25
$149.1M
$43.5M
Q4 24
$153.6M
$54.9M
Q3 24
$226.6M
$45.3M
Q2 24
$201.5M
$36.9M
Q1 24
$210.7M
$65.4M
Total Debt
CABO
CABO
PRA
PRA
Q4 25
$2.6B
$420.4M
Q3 25
$2.7B
$421.5M
Q2 25
$2.9B
$422.6M
Q1 25
$3.0B
$423.7M
Q4 24
$3.6B
$424.9M
Q3 24
$3.5B
$425.9M
Q2 24
$3.5B
$426.9M
Q1 24
$3.6B
$427.8M
Stockholders' Equity
CABO
CABO
PRA
PRA
Q4 25
$1.4B
$1.3B
Q3 25
$1.4B
$1.3B
Q2 25
$1.3B
$1.3B
Q1 25
$1.8B
$1.2B
Q4 24
$1.8B
$1.2B
Q3 24
$1.9B
$1.2B
Q2 24
$1.9B
$1.1B
Q1 24
$1.9B
$1.1B
Total Assets
CABO
CABO
PRA
PRA
Q4 25
$5.6B
$5.4B
Q3 25
$5.7B
$5.6B
Q2 25
$5.8B
$5.5B
Q1 25
$6.4B
$5.5B
Q4 24
$6.5B
$5.6B
Q3 24
$6.7B
$5.7B
Q2 24
$6.7B
$5.6B
Q1 24
$6.7B
$5.7B
Debt / Equity
CABO
CABO
PRA
PRA
Q4 25
1.81×
0.31×
Q3 25
1.88×
0.32×
Q2 25
2.16×
0.33×
Q1 25
1.66×
0.34×
Q4 24
1.99×
0.35×
Q3 24
1.84×
0.35×
Q2 24
1.87×
0.38×
Q1 24
1.93×
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CABO
CABO
PRA
PRA
Operating Cash FlowLast quarter
$145.5M
$-25.6M
Free Cash FlowOCF − Capex
$71.6M
FCF MarginFCF / Revenue
19.7%
Capex IntensityCapex / Revenue
20.3%
Cash ConversionOCF / Net Profit
-0.77×
TTM Free Cash FlowTrailing 4 quarters
$278.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CABO
CABO
PRA
PRA
Q4 25
$145.5M
$-25.6M
Q3 25
$156.5M
$27.2M
Q2 25
$144.9M
$-28.1M
Q1 25
$116.3M
$-11.6M
Q4 24
$167.6M
$-10.7M
Q3 24
$176.2M
$14.0M
Q2 24
$155.5M
$-12.8M
Q1 24
$164.8M
$-11.6M
Free Cash Flow
CABO
CABO
PRA
PRA
Q4 25
$71.6M
Q3 25
$84.8M
Q2 25
$76.6M
Q1 25
$45.2M
Q4 24
$95.7M
Q3 24
$99.2M
Q2 24
$84.0M
Q1 24
$98.9M
FCF Margin
CABO
CABO
PRA
PRA
Q4 25
19.7%
Q3 25
22.5%
Q2 25
20.1%
Q1 25
11.9%
Q4 24
24.7%
Q3 24
25.2%
Q2 24
21.3%
Q1 24
24.5%
Capex Intensity
CABO
CABO
PRA
PRA
Q4 25
20.3%
Q3 25
19.1%
Q2 25
17.9%
Q1 25
18.7%
Q4 24
18.6%
Q3 24
19.6%
Q2 24
18.1%
Q1 24
16.3%
Cash Conversion
CABO
CABO
PRA
PRA
Q4 25
-0.77×
Q3 25
1.81×
18.81×
Q2 25
-1.28×
Q1 25
44.62×
Q4 24
-0.66×
Q3 24
3.99×
0.85×
Q2 24
4.08×
-0.83×
Q1 24
4.41×
-2.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CABO
CABO

Segment breakdown not available.

PRA
PRA

Workers Compensation Insurance Segment$164.4M61%
Other$59.6M22%
Segregated Portfolio Cell Reinsurance$45.7M17%

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