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Side-by-side financial comparison of PRA GROUP INC (PRAA) and TIDEWATER INC (TDW). Click either name above to swap in a different company.
TIDEWATER INC is the larger business by last-quarter revenue ($336.8M vs $333.4M, roughly 1.0× PRA GROUP INC). TIDEWATER INC runs the higher net margin — 65.3% vs 17.0%, a 48.3% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -2.4%). TIDEWATER INC produced more free cash flow last quarter ($147.8M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs 2.4%).
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston, Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries.
PRAA vs TDW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.4M | $336.8M |
| Net Profit | $56.5M | $219.9M |
| Gross Margin | — | — |
| Operating Margin | 37.7% | 19.0% |
| Net Margin | 17.0% | 65.3% |
| Revenue YoY | 13.7% | -2.4% |
| Net Profit YoY | 206.3% | 495.8% |
| EPS (diluted) | $1.47 | $4.37 |
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.
| Q4 25 | $333.4M | $336.8M | ||
| Q3 25 | $311.1M | $341.1M | ||
| Q2 25 | $287.7M | $341.4M | ||
| Q1 25 | $269.6M | $333.4M | ||
| Q4 24 | $293.2M | $345.1M | ||
| Q3 24 | $281.5M | $340.4M | ||
| Q2 24 | $284.2M | $339.2M | ||
| Q1 24 | $255.6M | $321.2M |
| Q4 25 | $56.5M | $219.9M | ||
| Q3 25 | $-407.7M | $-806.0K | ||
| Q2 25 | $42.4M | $72.9M | ||
| Q1 25 | $3.7M | $42.7M | ||
| Q4 24 | $18.5M | $36.9M | ||
| Q3 24 | $27.2M | $46.4M | ||
| Q2 24 | $21.5M | $50.4M | ||
| Q1 24 | $3.5M | $47.0M |
| Q4 25 | 37.7% | 19.0% | ||
| Q3 25 | -101.4% | 18.4% | ||
| Q2 25 | 29.6% | 23.7% | ||
| Q1 25 | 27.7% | 22.5% | ||
| Q4 24 | 32.1% | 23.6% | ||
| Q3 24 | 32.0% | 20.6% | ||
| Q2 24 | 31.4% | 23.0% | ||
| Q1 24 | 26.0% | 25.5% |
| Q4 25 | 17.0% | 65.3% | ||
| Q3 25 | -131.0% | -0.2% | ||
| Q2 25 | 14.7% | 21.4% | ||
| Q1 25 | 1.4% | 12.8% | ||
| Q4 24 | 6.3% | 10.7% | ||
| Q3 24 | 9.6% | 13.6% | ||
| Q2 24 | 7.6% | 14.8% | ||
| Q1 24 | 1.4% | 14.6% |
| Q4 25 | $1.47 | $4.37 | ||
| Q3 25 | $-10.43 | $-0.02 | ||
| Q2 25 | $1.08 | $1.46 | ||
| Q1 25 | $0.09 | $0.83 | ||
| Q4 24 | $0.47 | $0.70 | ||
| Q3 24 | $0.69 | $0.87 | ||
| Q2 24 | $0.54 | $0.94 | ||
| Q1 24 | $0.09 | $0.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $104.4M | $578.8M |
| Total DebtLower is stronger | — | $670.1M |
| Stockholders' EquityBook value | $979.9M | $1.4B |
| Total Assets | $5.1B | $2.4B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.4M | $578.8M | ||
| Q3 25 | $107.5M | $428.2M | ||
| Q2 25 | $131.6M | $369.4M | ||
| Q1 25 | $128.7M | $341.8M | ||
| Q4 24 | $105.9M | $324.9M | ||
| Q3 24 | $141.1M | $280.8M | ||
| Q2 24 | $118.9M | $315.9M | ||
| Q1 24 | $108.1M | $280.9M |
| Q4 25 | — | $670.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $647.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $979.9M | $1.4B | ||
| Q3 25 | $928.5M | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $1.1B | $1.1B |
| Q4 25 | $5.1B | $2.4B | ||
| Q3 25 | $5.0B | $2.1B | ||
| Q2 25 | $5.4B | $2.1B | ||
| Q1 25 | $5.1B | $2.1B | ||
| Q4 24 | $4.9B | $2.1B | ||
| Q3 24 | $4.9B | $2.0B | ||
| Q2 24 | $4.7B | $2.1B | ||
| Q1 24 | $4.5B | $2.1B |
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-85.5M | $153.0M |
| Free Cash FlowOCF − Capex | $-90.4M | $147.8M |
| FCF MarginFCF / Revenue | -27.1% | 43.9% |
| Capex IntensityCapex / Revenue | 1.4% | 1.5% |
| Cash ConversionOCF / Net Profit | -1.51× | 0.70× |
| TTM Free Cash FlowTrailing 4 quarters | $-169.4M | $353.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-85.5M | $153.0M | ||
| Q3 25 | $-10.1M | $54.7M | ||
| Q2 25 | $-12.9M | $85.4M | ||
| Q1 25 | $-52.6M | $86.0M | ||
| Q4 24 | $-94.6M | $100.0M | ||
| Q3 24 | $-35.0M | $49.0M | ||
| Q2 24 | $-29.5M | $78.6M | ||
| Q1 24 | $-73.0M | $54.8M |
| Q4 25 | $-90.4M | $147.8M | ||
| Q3 25 | $-11.3M | $49.6M | ||
| Q2 25 | $-14.2M | $80.2M | ||
| Q1 25 | $-53.5M | $75.7M | ||
| Q4 24 | $-98.6M | $95.5M | ||
| Q3 24 | $-36.1M | $43.3M | ||
| Q2 24 | $-30.8M | $72.3M | ||
| Q1 24 | $-73.5M | $43.8M |
| Q4 25 | -27.1% | 43.9% | ||
| Q3 25 | -3.6% | 14.5% | ||
| Q2 25 | -4.9% | 23.5% | ||
| Q1 25 | -19.8% | 22.7% | ||
| Q4 24 | -33.6% | 27.7% | ||
| Q3 24 | -12.8% | 12.7% | ||
| Q2 24 | -10.8% | 21.3% | ||
| Q1 24 | -28.8% | 13.6% |
| Q4 25 | 1.4% | 1.5% | ||
| Q3 25 | 0.4% | 1.5% | ||
| Q2 25 | 0.4% | 1.5% | ||
| Q1 25 | 0.3% | 3.1% | ||
| Q4 24 | 1.4% | 1.3% | ||
| Q3 24 | 0.4% | 1.7% | ||
| Q2 24 | 0.5% | 1.9% | ||
| Q1 24 | 0.2% | 3.4% |
| Q4 25 | -1.51× | 0.70× | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.30× | 1.17× | ||
| Q1 25 | -14.37× | 2.02× | ||
| Q4 24 | -5.13× | 2.71× | ||
| Q3 24 | -1.29× | 1.06× | ||
| Q2 24 | -1.37× | 1.56× | ||
| Q1 24 | -21.01× | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
TDW
Segment breakdown not available.
