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

PROASSURANCE CORP is the larger business by last-quarter revenue ($269.6M vs $158.6M, roughly 1.7× Stoke Therapeutics, Inc.). Stoke Therapeutics, Inc. runs the higher net margin — 71.2% vs 12.4%, a 58.8% gap on every dollar of revenue. On growth, Stoke Therapeutics, Inc. posted the faster year-over-year revenue change (3661.1% vs -7.1%).

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.

Stoke Therapeutics, Inc. is a clinical-stage biotechnology company developing innovative RNA-targeted therapies for severe rare genetic diseases. Its lead candidates address unmet needs for Dravet syndrome, a rare epilepsy, and other neurological monogenic disorders, serving patients across North America and global markets.

PRA vs STOK — Head-to-Head

Bigger by revenue
PRA
PRA
1.7× larger
PRA
$269.6M
$158.6M
STOK
Growing faster (revenue YoY)
STOK
STOK
+3668.2% gap
STOK
3661.1%
-7.1%
PRA
Higher net margin
STOK
STOK
58.8% more per $
STOK
71.2%
12.4%
PRA

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
PRA
PRA
STOK
STOK
Revenue
$269.6M
$158.6M
Net Profit
$33.4M
$112.9M
Gross Margin
Operating Margin
17.3%
70.2%
Net Margin
12.4%
71.2%
Revenue YoY
-7.1%
3661.1%
Net Profit YoY
106.4%
528.0%
EPS (diluted)
$0.65
$1.90

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
PRA
PRA
STOK
STOK
Q4 25
$269.6M
Q3 25
$279.6M
Q2 25
$276.8M
Q1 25
$272.1M
$158.6M
Q4 24
$290.1M
$22.6M
Q3 24
$285.3M
Q2 24
$290.4M
Q1 24
$284.7M
Net Profit
PRA
PRA
STOK
STOK
Q4 25
$33.4M
Q3 25
$1.4M
Q2 25
$21.9M
Q1 25
$-5.8M
$112.9M
Q4 24
$16.2M
$-10.5M
Q3 24
$16.4M
Q2 24
$15.5M
Q1 24
$4.6M
Operating Margin
PRA
PRA
STOK
STOK
Q4 25
17.3%
Q3 25
1.6%
Q2 25
9.9%
Q1 25
-2.3%
70.2%
Q4 24
6.5%
-60.4%
Q3 24
7.4%
Q2 24
6.2%
Q1 24
1.9%
Net Margin
PRA
PRA
STOK
STOK
Q4 25
12.4%
Q3 25
0.5%
Q2 25
7.9%
Q1 25
-2.1%
71.2%
Q4 24
5.6%
-46.4%
Q3 24
5.8%
Q2 24
5.3%
Q1 24
1.6%
EPS (diluted)
PRA
PRA
STOK
STOK
Q4 25
$0.65
Q3 25
$0.03
Q2 25
$0.42
Q1 25
$-0.11
$1.90
Q4 24
$0.32
$-0.15
Q3 24
$0.32
Q2 24
$0.30
Q1 24
$0.09

Balance Sheet & Financial Strength

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

Metric
PRA
PRA
STOK
STOK
Cash + ST InvestmentsLiquidity on hand
$36.5M
$274.8M
Total DebtLower is stronger
$420.4M
Stockholders' EquityBook value
$1.3B
$350.1M
Total Assets
$5.4B
$406.9M
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRA
PRA
STOK
STOK
Q4 25
$36.5M
Q3 25
$54.5M
Q2 25
$41.6M
Q1 25
$43.5M
$274.8M
Q4 24
$54.9M
$128.0M
Q3 24
$45.3M
Q2 24
$36.9M
Q1 24
$65.4M
Total Debt
PRA
PRA
STOK
STOK
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
PRA
PRA
STOK
STOK
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.2B
$350.1M
Q4 24
$1.2B
$229.0M
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.1B
Total Assets
PRA
PRA
STOK
STOK
Q4 25
$5.4B
Q3 25
$5.6B
Q2 25
$5.5B
Q1 25
$5.5B
$406.9M
Q4 24
$5.6B
$271.6M
Q3 24
$5.7B
Q2 24
$5.6B
Q1 24
$5.7B
Debt / Equity
PRA
PRA
STOK
STOK
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
PRA
PRA
STOK
STOK
Operating Cash FlowLast quarter
$-25.6M
$131.8M
Free Cash FlowOCF − Capex
$131.7M
FCF MarginFCF / Revenue
83.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-0.77×
1.17×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRA
PRA
STOK
STOK
Q4 25
$-25.6M
Q3 25
$27.2M
Q2 25
$-28.1M
Q1 25
$-11.6M
$131.8M
Q4 24
$-10.7M
$-23.2M
Q3 24
$14.0M
Q2 24
$-12.8M
Q1 24
$-11.6M
Free Cash Flow
PRA
PRA
STOK
STOK
Q4 25
Q3 25
Q2 25
Q1 25
$131.7M
Q4 24
$-23.2M
Q3 24
Q2 24
Q1 24
FCF Margin
PRA
PRA
STOK
STOK
Q4 25
Q3 25
Q2 25
Q1 25
83.0%
Q4 24
-102.7%
Q3 24
Q2 24
Q1 24
Capex Intensity
PRA
PRA
STOK
STOK
Q4 25
Q3 25
Q2 25
Q1 25
0.1%
Q4 24
0.2%
Q3 24
Q2 24
Q1 24
Cash Conversion
PRA
PRA
STOK
STOK
Q4 25
-0.77×
Q3 25
18.81×
Q2 25
-1.28×
Q1 25
1.17×
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

PRA
PRA

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

STOK
STOK

Segment breakdown not available.

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