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PROASSURANCE CORP（PRA）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
PROASSURANCE CORP的季度营收约是STURM RUGER & CO INC的1.8倍（$269.6M vs $151.1M），STURM RUGER & CO INC同比增速更快（3.6% vs -7.1%），过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% vs -2.7%）
保信集团（ProAssurance）总部位于美国阿拉巴马州伯明翰，是一家财产意外保险公司，主打面向医生的职业责任保险业务。公司前身为1976年成立的Mutual Assurance，1997年更名为Medical Assurance，2001年与Professionals Group合并后改为现名，目前是全美第四大医疗职业责任险承保机构，总资产超60亿美元。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
PRA vs RGR — 直观对比
营收规模更大
PRA
是对方的1.8倍
$151.1M
营收增速更快
RGR
高出10.7%
-7.1%
两年增速更快
RGR
近两年复合增速
-2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $269.6M | $151.1M |
| 净利润 | $33.4M | — |
| 毛利率 | — | 17.8% |
| 营业利润率 | 17.3% | 2.3% |
| 净利率 | 12.4% | — |
| 营收同比 | -7.1% | 3.6% |
| 净利润同比 | 106.4% | — |
| 每股收益（稀释后） | $0.65 | $0.22 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PRARGR
| Q4 25 | $269.6M | $151.1M | ||
| Q3 25 | $279.6M | $126.8M | ||
| Q2 25 | $276.8M | $132.5M | ||
| Q1 25 | $272.1M | $135.7M | ||
| Q4 24 | $290.1M | $145.8M | ||
| Q3 24 | $285.3M | $122.3M | ||
| Q2 24 | $290.4M | $130.8M | ||
| Q1 24 | $284.7M | $136.8M |
净利润PRARGR
| Q4 25 | $33.4M | — | ||
| Q3 25 | $1.4M | $1.6M | ||
| Q2 25 | $21.9M | $-17.2M | ||
| Q1 25 | $-5.8M | $7.8M | ||
| Q4 24 | $16.2M | — | ||
| Q3 24 | $16.4M | $4.7M | ||
| Q2 24 | $15.5M | $8.3M | ||
| Q1 24 | $4.6M | $7.1M |
毛利率PRARGR
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.5% |
营业利润率PRARGR
| Q4 25 | 17.3% | 2.3% | ||
| Q3 25 | 1.6% | -2.7% | ||
| Q2 25 | 9.9% | -15.6% | ||
| Q1 25 | -2.3% | 6.2% | ||
| Q4 24 | 6.5% | 7.8% | ||
| Q3 24 | 7.4% | 3.1% | ||
| Q2 24 | 6.2% | 6.9% | ||
| Q1 24 | 1.9% | 5.5% |
净利率PRARGR
| Q4 25 | 12.4% | — | ||
| Q3 25 | 0.5% | 1.2% | ||
| Q2 25 | 7.9% | -13.0% | ||
| Q1 25 | -2.1% | 5.7% | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 5.8% | 3.9% | ||
| Q2 24 | 5.3% | 6.3% | ||
| Q1 24 | 1.6% | 5.2% |
每股收益（稀释后）PRARGR
| Q4 25 | $0.65 | $0.22 | ||
| Q3 25 | $0.03 | $0.10 | ||
| Q2 25 | $0.42 | $-1.05 | ||
| Q1 25 | $-0.11 | $0.46 | ||
| Q4 24 | $0.32 | $0.62 | ||
| Q3 24 | $0.32 | $0.28 | ||
| Q2 24 | $0.30 | $0.47 | ||
| Q1 24 | $0.09 | $0.40 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $36.5M | $92.5M |
| 总债务越低越好 | $420.4M | — |
| 股东权益账面价值 | $1.3B | $283.8M |
| 总资产 | $5.4B | $342.0M |
| 负债/权益比越低杠杆越低 | 0.31× | — |
8季度趋势，按日历期对齐
现金及短期投资PRARGR
| Q4 25 | $36.5M | $92.5M | ||
| Q3 25 | $54.5M | $80.8M | ||
| Q2 25 | $41.6M | $101.4M | ||
| Q1 25 | $43.5M | $108.3M | ||
| Q4 24 | $54.9M | $105.5M | ||
| Q3 24 | $45.3M | $96.0M | ||
| Q2 24 | $36.9M | $105.6M | ||
| Q1 24 | $65.4M | $115.3M |
总债务PRARGR
| 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 | — |
股东权益PRARGR
| Q4 25 | $1.3B | $283.8M | ||
| Q3 25 | $1.3B | $279.6M | ||
| Q2 25 | $1.3B | $289.3M | ||
| Q1 25 | $1.2B | $321.5M | ||
| Q4 24 | $1.2B | $319.6M | ||
| Q3 24 | $1.2B | $314.9M | ||
| Q2 24 | $1.1B | $321.5M | ||
| Q1 24 | $1.1B | $332.0M |
总资产PRARGR
| Q4 25 | $5.4B | $342.0M | ||
| Q3 25 | $5.6B | $342.3M | ||
| Q2 25 | $5.5B | $349.5M | ||
| Q1 25 | $5.5B | $379.0M | ||
| Q4 24 | $5.6B | $384.0M | ||
| Q3 24 | $5.7B | $373.5M | ||
| Q2 24 | $5.6B | $376.7M | ||
| Q1 24 | $5.7B | $385.0M |
负债/权益比PRARGR
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-25.6M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | — | $12.3M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 2.1% |
| 现金转化率经营现金流/净利润 | -0.77× | — |
| 过去12个月自由现金流最近4个季度 | — | $38.5M |
8季度趋势，按日历期对齐
经营现金流PRARGR
| Q4 25 | $-25.6M | $15.5M | ||
| Q3 25 | $27.2M | $12.9M | ||
| Q2 25 | $-28.1M | $14.7M | ||
| Q1 25 | $-11.6M | $11.1M | ||
| Q4 24 | $-10.7M | $20.0M | ||
| Q3 24 | $14.0M | $9.4M | ||
| Q2 24 | $-12.8M | $18.7M | ||
| Q1 24 | $-11.6M | $7.3M |
自由现金流PRARGR
| Q4 25 | — | $12.3M | ||
| Q3 25 | — | $7.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $10.0M | ||
| Q4 24 | — | $16.4M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | — | $5.6M |
自由现金流率PRARGR
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 4.1% |
资本支出强度PRARGR
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 1.3% |
现金转化率PRARGR
| Q4 25 | -0.77× | — | ||
| Q3 25 | 18.81× | 8.15× | ||
| Q2 25 | -1.28× | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | -0.66× | — | ||
| Q3 24 | 0.85× | 1.98× | ||
| Q2 24 | -0.83× | 2.27× | ||
| Q1 24 | -2.52× | 1.04× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PRA
| Workers Compensation Insurance Segment | $164.4M | 61% |
| Other | $59.6M | 22% |
| Segregated Portfolio Cell Reinsurance | $45.7M | 17% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
