vs

Side-by-side financial comparison of James River Group Holdings, Inc. (JRVR) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

James River Group Holdings, Inc. is the larger business by last-quarter revenue ($151.4M vs $77.7M, roughly 1.9× Prairie Operating Co.). Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs -10.3%).

James River Corporation was an American pulp and paper company based in Richmond, Virginia, once the largest paper manufacturer in the world.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

JRVR vs PROP — Head-to-Head

Bigger by revenue
JRVR
JRVR
1.9× larger
JRVR
$151.4M
$77.7M
PROP
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
-10.3%
JRVR

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
JRVR
JRVR
PROP
PROP
Revenue
$151.4M
$77.7M
Net Profit
$1.3M
Gross Margin
Operating Margin
34.8%
Net Margin
1.7%
Revenue YoY
-12.1%
Net Profit YoY
111.3%
EPS (diluted)
$-0.44

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
JRVR
JRVR
PROP
PROP
Q1 26
$151.4M
Q4 25
$167.7M
Q3 25
$172.7M
$77.7M
Q2 25
$174.8M
$68.1M
Q1 25
$172.3M
$13.6M
Q4 24
$126.7M
Q3 24
$191.5M
$0
Q2 24
$188.3M
Net Profit
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
$32.1M
Q3 25
$1.0M
$1.3M
Q2 25
$4.8M
$35.7M
Q1 25
$9.6M
$-2.6M
Q4 24
$-64.8M
Q3 24
$-39.4M
$-11.4M
Q2 24
$7.6M
Operating Margin
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
14.6%
Q3 25
1.5%
34.8%
Q2 25
4.2%
27.8%
Q1 25
9.3%
12.9%
Q4 24
-57.0%
Q3 24
-27.1%
Q2 24
10.7%
Net Margin
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
19.1%
Q3 25
0.6%
1.7%
Q2 25
2.7%
52.4%
Q1 25
5.6%
-19.3%
Q4 24
-51.1%
Q3 24
-20.6%
Q2 24
4.0%
EPS (diluted)
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
$0.59
Q3 25
$-0.02
$-0.44
Q2 25
$0.06
$0.18
Q1 25
$0.16
$-3.49
Q4 24
$-2.44
Q3 24
$-1.10
$-0.68
Q2 24
$0.13

Balance Sheet & Financial Strength

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

Metric
JRVR
JRVR
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$228.2M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$518.4M
$101.8M
Total Assets
$4.8B
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JRVR
JRVR
PROP
PROP
Q1 26
$228.2M
Q4 25
$260.9M
Q3 25
$238.8M
$10.6M
Q2 25
$220.0M
$10.7M
Q1 25
$279.4M
$15.0M
Q4 24
$362.3M
Q3 24
$359.8M
$40.1M
Q2 24
$672.5M
Total Debt
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
JRVR
JRVR
PROP
PROP
Q1 26
$518.4M
Q4 25
$538.2M
Q3 25
$503.6M
$101.8M
Q2 25
$492.6M
$94.2M
Q1 25
$484.5M
$34.0M
Q4 24
$460.9M
Q3 24
$530.3M
$61.3M
Q2 24
$541.8M
Total Assets
JRVR
JRVR
PROP
PROP
Q1 26
$4.8B
Q4 25
$4.9B
Q3 25
$5.0B
$939.8M
Q2 25
$5.0B
$858.5M
Q1 25
$4.9B
$775.4M
Q4 24
$5.0B
Q3 24
$5.0B
$107.2M
Q2 24
$4.7B
Debt / Equity
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
JRVR
JRVR
PROP
PROP
Operating Cash FlowLast quarter
$57.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
$-18.8M
Q3 25
$34.3M
$57.7M
Q2 25
$25.2M
$-7.2M
Q1 25
$-51.5M
$16.9M
Q4 24
$-247.1M
Q3 24
$-269.9M
$2.8M
Q2 24
$-8.7M
Free Cash Flow
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
$-23.6M
Q3 25
$33.7M
Q2 25
$24.7M
Q1 25
$-52.7M
Q4 24
$-252.0M
Q3 24
$-270.8M
Q2 24
$-9.3M
FCF Margin
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
-14.1%
Q3 25
19.5%
Q2 25
14.1%
Q1 25
-30.6%
Q4 24
-198.9%
Q3 24
-141.4%
Q2 24
-4.9%
Capex Intensity
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
2.9%
Q3 25
0.4%
Q2 25
0.3%
Q1 25
0.7%
Q4 24
3.9%
Q3 24
0.4%
Q2 24
0.3%
Cash Conversion
JRVR
JRVR
PROP
PROP
Q1 26
Q4 25
-0.59×
Q3 25
33.61×
44.80×
Q2 25
5.29×
-0.20×
Q1 25
-5.38×
Q4 24
Q3 24
Q2 24
-1.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JRVR
JRVR

Segment breakdown not available.

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

Related Comparisons