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Side-by-side financial comparison of Legend Biotech Corp (LEGN) and PROASSURANCE CORP (PRA). Click either name above to swap in a different company.

Legend Biotech Corp is the larger business by last-quarter revenue ($272.3M vs $269.6M, roughly 1.0× PROASSURANCE CORP). PROASSURANCE CORP runs the higher net margin — 12.4% vs -14.6%, a 26.9% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs -7.1%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs -2.7%).

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

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.

LEGN vs PRA — Head-to-Head

Bigger by revenue
LEGN
LEGN
1.0× larger
LEGN
$272.3M
$269.6M
PRA
Growing faster (revenue YoY)
LEGN
LEGN
+77.0% gap
LEGN
70.0%
-7.1%
PRA
Higher net margin
PRA
PRA
26.9% more per $
PRA
12.4%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
-2.7%
PRA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
LEGN
LEGN
PRA
PRA
Revenue
$272.3M
$269.6M
Net Profit
$-39.7M
$33.4M
Gross Margin
58.4%
Operating Margin
-16.0%
17.3%
Net Margin
-14.6%
12.4%
Revenue YoY
70.0%
-7.1%
Net Profit YoY
68.3%
106.4%
EPS (diluted)
$-0.11
$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
LEGN
LEGN
PRA
PRA
Q4 25
$269.6M
Q3 25
$272.3M
$279.6M
Q2 25
$255.1M
$276.8M
Q1 25
$195.1M
$272.1M
Q4 24
$290.1M
Q3 24
$160.2M
$285.3M
Q2 24
$186.5M
$290.4M
Q1 24
$94.0M
$284.7M
Net Profit
LEGN
LEGN
PRA
PRA
Q4 25
$33.4M
Q3 25
$-39.7M
$1.4M
Q2 25
$-125.4M
$21.9M
Q1 25
$-100.9M
$-5.8M
Q4 24
$16.2M
Q3 24
$-125.3M
$16.4M
Q2 24
$-18.2M
$15.5M
Q1 24
$-59.8M
$4.6M
Gross Margin
LEGN
LEGN
PRA
PRA
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Q1 24
47.8%
Operating Margin
LEGN
LEGN
PRA
PRA
Q4 25
17.3%
Q3 25
-16.0%
1.6%
Q2 25
9.9%
Q1 25
-2.3%
Q4 24
6.5%
Q3 24
-43.9%
7.4%
Q2 24
6.2%
Q1 24
1.9%
Net Margin
LEGN
LEGN
PRA
PRA
Q4 25
12.4%
Q3 25
-14.6%
0.5%
Q2 25
-49.2%
7.9%
Q1 25
-51.7%
-2.1%
Q4 24
5.6%
Q3 24
-78.2%
5.8%
Q2 24
-9.8%
5.3%
Q1 24
-63.6%
1.6%
EPS (diluted)
LEGN
LEGN
PRA
PRA
Q4 25
$0.65
Q3 25
$-0.11
$0.03
Q2 25
$-0.34
$0.42
Q1 25
$-0.27
$-0.11
Q4 24
$0.32
Q3 24
$-0.34
$0.32
Q2 24
$-0.05
$0.30
Q1 24
$-0.16
$0.09

Balance Sheet & Financial Strength

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

Metric
LEGN
LEGN
PRA
PRA
Cash + ST InvestmentsLiquidity on hand
$278.9M
$36.5M
Total DebtLower is stronger
$420.4M
Stockholders' EquityBook value
$1.0B
$1.3B
Total Assets
$1.7B
$5.4B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEGN
LEGN
PRA
PRA
Q4 25
$36.5M
Q3 25
$278.9M
$54.5M
Q2 25
$266.6M
$41.6M
Q1 25
$441.7M
$43.5M
Q4 24
$54.9M
Q3 24
$459.3M
$45.3M
Q2 24
$201.3M
$36.9M
Q1 24
$897.6M
$65.4M
Total Debt
LEGN
LEGN
PRA
PRA
Q4 25
$420.4M
Q3 25
$421.5M
Q2 25
$422.6M
Q1 25
$423.7M
Q4 24
$424.9M
Q3 24
$425.9M
Q2 24
$426.9M
Q1 24
$427.8M
Stockholders' Equity
LEGN
LEGN
PRA
PRA
Q4 25
$1.3B
Q3 25
$1.0B
$1.3B
Q2 25
$1.0B
$1.3B
Q1 25
$1.0B
$1.2B
Q4 24
$1.2B
Q3 24
$1.1B
$1.2B
Q2 24
$1.2B
$1.1B
Q1 24
$1.2B
$1.1B
Total Assets
LEGN
LEGN
PRA
PRA
Q4 25
$5.4B
Q3 25
$1.7B
$5.6B
Q2 25
$1.7B
$5.5B
Q1 25
$1.6B
$5.5B
Q4 24
$5.6B
Q3 24
$1.7B
$5.7B
Q2 24
$1.8B
$5.6B
Q1 24
$1.8B
$5.7B
Debt / Equity
LEGN
LEGN
PRA
PRA
Q4 25
0.31×
Q3 25
0.32×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.35×
Q3 24
0.35×
Q2 24
0.38×
Q1 24
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
LEGN
LEGN
PRA
PRA
Operating Cash FlowLast quarter
$28.8M
$-25.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.77×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEGN
LEGN
PRA
PRA
Q4 25
$-25.6M
Q3 25
$28.8M
$27.2M
Q2 25
$-13.0M
$-28.1M
Q1 25
$-103.8M
$-11.6M
Q4 24
$-10.7M
Q3 24
$-75.8M
$14.0M
Q2 24
$-1.7M
$-12.8M
Q1 24
$15.5M
$-11.6M
Cash Conversion
LEGN
LEGN
PRA
PRA
Q4 25
-0.77×
Q3 25
18.81×
Q2 25
-1.28×
Q1 25
Q4 24
-0.66×
Q3 24
0.85×
Q2 24
-0.83×
Q1 24
-2.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

PRA
PRA

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

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