ProAssurance (ProAssurance) Net Margin %

: 2.16% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. ProAssurance's Net Income for the three months ended in Dec. 2023 was $6 Mil. ProAssurance's Revenue for the three months ended in Dec. 2023 was $296 Mil. Therefore, ProAssurance's net margin for the quarter that ended in Dec. 2023 was 2.16%.

The historical rank and industry rank for ProAssurance's Net Margin % or its related term are showing as below:

PRA' s Net Margin % Range Over the Past 10 Years
Min: -19.81 Med: 8.94 Max: 23.17
Current: -3.42

PRA's Net Margin % is ranked worse than
90.31% of 485 companies
in the Insurance industry
Industry Median: 7.36 vs PRA: -3.42

ProAssurance Net Margin % Historical Data

The historical data trend for ProAssurance's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ProAssurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

0.10

-19.81

13.40

-0.04

-3.42

ProAssurance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																4.71	-2.25	3.73	-17.92	2.16

Competitive Comparison

For the Insurance - Property & Casualty subindustry, ProAssurance's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ProAssurance Net Margin % Distribution

For the Insurance industry and Financial Services sector, ProAssurance's Net Margin % distribution charts can be found below:

* The bar in red indicates where ProAssurance's Net Margin % falls into.

ProAssurance Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ProAssurance's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-38.604	/	1130.421
	=	-3.42 %

ProAssurance's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6.377	/	295.619
	=	2.16 %

ProAssurance (NYSE:PRA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

ProAssurance Net Margin % Related Terms

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ProAssurance (ProAssurance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ProAssurance Corp (NYSE:PRA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Brookwood Place, Birmingham, AL, USA, 35209

Website

https://www.proassurance.com

ProAssurance Corp is a holding company for property and casualty insurance companies. The company's wholly owned insurance subsidiaries provide professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, and workers' compensation insurance. ProAssurance reports operating results in five segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, Lloyd's Syndicate, and Corporate. ProAssurance generates the vast majority of its revenue from its Specialty P&C activities, followed by Worker's Compensation.

Executives

Robert David Francis	officer: Pres Healthcare Pro. Liability	4 PINE RIDGE LANE, MOUNTAIN BROOK AL 35213
Scott C Syphax	director	100 BROOKWOOD PLACE, SUITE 300, BIRMINGHAM AL 35209
Fabiloa Cobarrubias	director	100 BROOKWOOD PLACE, SUITE 300, BIRMINGHAM AL 35209
Noreen Dishart	officer: Executive VP/Chief HR Officer	177 SALOLI WAY, LOUDON TN 37774
Frank Anthony Spinosa	director	PO BOX 72, SHELTER ISLAND NY 11964
Mcmahon John J Jr	director	1927 1ST AVENUE NORTH, 5TH FLOOR, BIRMINGHAM AL 35203
Maye Head Frei	director	2964 CHEROKEE ROAD, BIRMINGHAM AL 35223
Kevin Merrick Shook	officer: President of a Subsidiary	25 RACE AVENUE, LANCASTER PA 17603
Dana S Hendricks	officer: Chief Financial Officer	656 AYLESFORD LANE, FRANKLIN TN 37069
Magnus James Gorrie	director	PO BOX 10383, BIRMINGHAM AL 35202
Adkins Kedrick D Jr	director	1173 COPPERWOOD DRIVE, BLOOMFIELD HILLS MI 48302
O Neil Frank B	officer: Senior Vice-President, other: Assistant Secretary
Howard H Friedman	officer: Chief Financial Officer, other: Secretary & Senior VP
William Stancil Starnes	officer: Chief Executive Officer	P O BOX 598512, BIRMINGHAM AL 35259-8512
Jeffrey Patton Lisenby	officer: Vice-President, other: Corporate Secretary	100 BROOKWOOD PLACE, BIRMINGHAM AL 35209