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ProAssurance Corporation

PRAFinancial ServicesNASDAQ

Insurance - Property & Casualty · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$1.08B
-4.1% YoY
Net Income
$50.9M
-3.5% YoY
Free Cash Flow
$47.4M

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About ProAssurance Corporation

Headquartered within the financial services sector, ProAssurance Corporation focuses on Insurance - Property & Casualty services and products. ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. At a $1.24B market cap, ProAssurance Corporation ranks as a small-cap company within financial services. It operates through three segments: Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Corporate.

Key stats
Market Cap$1.24B
P/E (TTM)19.03
Fwd P/E19.18
EPS$1.26
Beta0.04
52W Change+3.6%
ROE5.1%
Analysis

On the balance sheet, PRA has $338.9M in cash with $433.3M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $47.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 5.1% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.5% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $1.10B (2022) to $1.08B (2025).

PRA's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing PRA.

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