PRA Group Inc. (PRAA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.53	$1.51	+184.9%	—	$375.5M	—
Q4 25	$0.5	$1.46	+192.0%	—	$336.4M	—
Q3 25	$0.5	$0.53	+6.0%	—	$314.1M	—
Q2 25	$0.62	$0.35	-43.5%	—	$290.7M	—
Q1 25	$0.41	$0.09	-78.0%	—	$272M	—
Q4 24	$0.45	$0.47	+4.4%	—	$295.9M	—
Q3 24	$0.34	$0.49	+44.1%	—	$283.6M	—
Q2 24	$0.05	$0.54	+980.0%	—	$286.6M	—
Q1 24	-$0.15	$0.09	+160.0%	—	$257.7M	—
Q4 23	-$0.35	-$0.22	+37.1%	—	$223.3M	—
Q3 23	-$0.37	-$0.31	+16.2%	—	$218.8M	—
Q2 23	-$0.14	-$0.1	+28.6%	—	$213.9M	—
Q1 23	$0.48	-$1.5	-412.5%	—	$159.5M	—
Q4 22	$0.32	$0.41	+28.1%	—	$223.3M	—
Q3 22	$0.46	$0.63	+37.0%	—	$245.5M	—
Q2 22	$0.54	$0.91	+68.5%	—	$258.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$7.79	—	—	$1.2B	—
FY24	—	$1.79	—	—	$1.1B	—
FY23	—	-$2.13	—	—	$815.5M	—
FY22	—	$2.96	—	—	$968.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$832.1M	$821.9M	$878M	$995.3M	$1.1B	$1.1B	$968.8M	$815.5M	$1.1B	$1.2B
YoY change	-11.7%	-1.23%	+6.82%	+13.4%	+7.04%	+2.85%	-11.6%	-15.8%	+37.8%	+7.97%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	832.1M	821.9M	878M	995.3M	1.1B	1.1B	968.8M	815.5M	1.1B	1.2B
Cost of revenue	258.8M	344.7M	319.4M	310.4M	436.9M	426.1M	356.6M	399.5M	438.2M	446.9M
Gross profit	573.3M	477.2M	558.6M	684.9M	628.6M	669.6M	612.1M	416M	685.7M	766.5M
Gross margin	68.9%	58.1%	63.6%	68.8%	59%	61.1%	63.2%	51%	61%	63.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	181.7M	167.4M	208.1M	251.3M	214.2M	186.7M	173M	185M	325M	361.6M
Operating expenses	329.2M	309.8M	350.8M	417.5M	402.1M	403.5M	379.9M	394.7M	465.1M	512.4M
Operating income	219.8M	147.7M	188.4M	249.9M	208M	250.9M	216.9M	8M	209.8M	243.6M
Operating margin	26.4%	18%	21.5%	25.1%	19.5%	22.9%	22.4%	0.98%	18.7%	20.1%
Non-operating income, net	-4.5M	46.6M	25.3M	11.6M	956K	-527K	-340K	-6.9M	-860K	-373.8M
Pretax income	135.6M	160.3M	89.5M	117.4M	208.9M	250.3M	154.8M	-82.9M	109.6M	-243.2M
Income tax	43.6M	-10.9M	13.8M	19.7M	41.2M	54.8M	36.8M	-16.1M	21M	46.7M
Net income	92M	171.1M	75.7M	97.7M	167.7M	195.5M	118M	-66.8M	88.6M	-290M
Net margin	11.1%	20.8%	8.63%	9.81%	15.7%	17.8%	12.2%	-8.19%	7.88%	-23.9%
EBITDA	235.2M	155.1M	207.4M	267M	224.4M	266.9M	220.7M	15.4M	209.1M	284.2M
EPS	1.84	3.55	1.45	1.9	3.28	4.07	2.96	-2.13	1.79	-7.79
Diluted EPS	1.83	3.54	1.44	1.89	3.26	4.04	2.94	-2.13	1.79	-7.79

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	218.8M	223.3M	257.7M	286.6M	283.6M	295.9M	272M	290.7M	314.1M	336.4M	317.4M	375.5M
Cost of revenue	100.7M	103.6M	107.6M	107.4M	110.1M	113.1M	109.9M	114.3M	114.4M	108.3M	104.7M	105.7M
Gross profit	118.1M	119.6M	150.1M	179.2M	173.5M	182.9M	162.1M	176.5M	199.7M	228.2M	212.7M	269.8M
Gross margin	54%	53.6%	58.3%	62.5%	61.2%	61.8%	59.6%	60.7%	63.6%	67.8%	67%	71.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	44.9M	46.8M	55.5M	64.7M	57.5M	147.2M	83.7M	66.1M	97.4M	93.3M	98.7M	104.8M
Operating expenses	95.6M	101.6M	112.9M	118.1M	112.9M	121.2M	118M	124.3M	137.4M	132.7M	138.8M	143.8M
Operating income	19.3M	15M	34.5M	58.4M	58.1M	58.7M	40.4M	49.6M	59.9M	93.7M	72.2M	121.2M
Operating margin	8.81%	6.73%	13.4%	20.4%	20.5%	19.8%	14.9%	17.1%	19.1%	27.9%	22.7%	32.3%
Non-operating income, net	-5M	-1.5M	21K	-53K	-666K	-162K	-231K	38.4M	-412.6M	646K	800K	-593K
Pretax income	-6.4M	-6.7M	14.1M	33.8M	28.3M	33.4M	13.4M	61.1M	-379.6M	61.9M	40.5M	88.3M
Income tax	1.8M	-816K	2.4M	8.7M	-672K	10.6M	4.3M	15.4M	24.4M	2.6M	8.8M	29.4M
Net income	-8.2M	-5.9M	11.8M	25.1M	28.9M	22.8M	9.1M	45.7M	-404M	59.2M	31.8M	58.9M
Net margin	-3.73%	-2.62%	4.56%	8.76%	10.2%	7.7%	3.33%	15.7%	-128.6%	17.6%	10%	15.7%
EBITDA	24.9M	15.5M	34.8M	58.8M	56.1M	59.4M	42.1M	50.1M	60.3M	131.7M	71.4M	123.8M
EPS	-0.31	-0.22	0.09	0.55	0.69	0.47	0.09	1.08	-10.4	1.46	0.74	1.52
Diluted EPS	-0.31	-0.22	0.09	0.54	0.69	0.47	0.09	1.08	-10.4	1.46	0.73	1.51

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.8B	1.5B	1.1B	1.6B	1.8B	2.3B	—	1B	822.7M	693M	754.8M
Enterprise value	3.5B	3.6B	4.6B	6.2B	6B	6B	—	5.3B	4B	4.3B	4.5B
Shares outstanding	46.3M	45.7M	45.3M	45.4M	45.5M	45M	39.6M	39.2M	39.4M	39.2M	39.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	19.7	8.86	14.6	16.9	10.8	11.5	—	—	9.29	—	5.84
P/S	2.18	1.84	1.26	1.66	1.7	2.06	—	1.26	0.73	0.57	0.57
P/B	1.97	1.33	0.98	1.34	1.31	1.7	—	0.83	0.69	0.67	0.73
EV/EBITDA	14.9	23.1	22.4	23.2	26.7	22.5	—	340.5	19.2	15	9.23
EV/Sales	4.22	4.36	5.28	6.23	5.63	5.48	—	6.45	3.58	3.51	3.38
Earnings yield	5.08%	11.3%	6.86%	5.93%	9.29%	8.66%	—	—	10.8%	—	17.1%
FCF yield	10.6%	-0.49%	5.47%	7%	6.89%	3.27%	—	-9.78%	-12%	-13%	-17.1%
PEG	—	—	—	—	—	—	—	—	—	—	0.14

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	68.9%	58.1%	63.6%	68.8%	59%	61.1%	63.2%	51%	61%	63.2%	71.8%
Operating margin	26.4%	18%	21.5%	25.1%	19.5%	22.9%	22.4%	0.98%	18.7%	20.1%	41.2%
Net margin	11.1%	20.8%	8.63%	9.81%	15.7%	17.8%	12.2%	-8.19%	7.88%	-23.9%	-19.9%
ROE	10%	15%	6.74%	7.96%	12.2%	14.8%	9.17%	-5.39%	7.42%	-27.9%	-20.2%
ROA	2.91%	4.62%	1.94%	2.21%	3.77%	4.48%	2.83%	-1.48%	1.8%	-5.68%	5.63%
ROIC	5.7%	4.6%	3.42%	3.6%	3%	3.86%	3.48%	0.15%	3.86%	5.3%	7.5%
Return on tangible assets	4.37%	6.58%	2.55%	2.82%	4.84%	5.74%	3.57%	-1.82%	2.14%	-5.74%	-4.9%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	13.3	14.6	17.7	18	13.8	12.9	13.5	14.2	13	18.2	17.8
Quick ratio	13.3	14.6	17.7	18	13.8	12.9	13.5	14.2	13	18.2	18.9
Debt / equity	2.03	1.99	3.23	3.81	3.13	2.9	2.81	3.55	2.82	3.59	3.41
Debt / assets	0.59	0.61	0.93	1.06	0.96	0.88	0.87	0.97	0.68	0.73	0.72
Net debt / EBITDA	7.22	13.3	17	17	18.7	14	15.7	274	15.3	12.5	9.07
Interest coverage	2.77	7.55	1.72	1.81	5.86	6.44	3.99	-0.11	2.24	-1.31	-0.63
Effective tax rate	32.1%	0%	15.4%	16.8%	19.7%	21.9%	23.8%	0%	19.2%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	18	18	19.4	21.9	23.4	24.4	24.4	20.8	28.5	31	34.5
EPS (basic)	1.84	3.55	1.45	1.9	3.28	4.07	2.96	-2.13	1.79	-7.79	-7.79
EPS (diluted)	1.83	3.54	1.44	1.89	3.26	4.04	2.94	-2.13	1.79	-7.79	-6.71
Book value per share	19.8	25	24.8	27	30.2	29.5	32.5	31.6	30.3	26.5	27.8
FCF per share	4.14	-0.16	1.33	2.54	2.73	1.64	0.21	-2.56	-2.5	-2.31	-0.99
Cash per share	3.52	4.35	2.18	2.64	2.39	1.95	3.79	4.39	4.11	4.32	3.64
Capex per share	0.31	0.5	0.45	0.4	0.38	0.25	0.33	0.07	0.1	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.7%	2.78%	2.34%	1.81%	1.62%	1.02%	1.37%	0.35%	0.36%	—	—
Capex / operating cash flow	12.5%	40%	28.1%	14.2%	10.6%	4.22%	9.21%	-4.29%	3.67%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%
Dividend yield	—	—	—	—	—	—	—	—	—	—	1%

Yield

trailing twelve months

Frequency

Quarterly

Last dividend

$0.05

ex-dividend Mar 28, 2023

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 28, 2023	$0.05
Dec 21, 2022	$0.05
Sep 28, 2022	$0.05
Jun 14, 2022	$0.05
Mar 23, 2022	$0.05
Dec 21, 2021	$0.05

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$218.8M	$223.3M	$257.7M	$286.6M	$283.6M	$295.9M	$272M	$290.7M	$314.1M	$336.4M	$317.4M	$375.5M
YoY change	-10.9%	-0.01%	+61.5%	+34%	+29.6%	+32.6%	+5.58%	+1.43%	+10.8%	+13.7%	+16.7%	+29.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	162.8M	198.8M	98.7M	119.8M	108.6M	87.6M	150.2M	172M	161.7M	169.3M
Receivables	2.3B	2.8B	3.1B	3.5B	3.5B	3.4B	3.3B	3.7B	4.1B	4.7B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	2.5B	2.9B	3.2B	3.7B	3.6B	3.6B	3.5B	3.9B	4.3B	4.9B
Property, plant & equipment	31.4M	41.9M	46.7M	117.6M	93.4M	91.8M	86.2M	62.7M	42M	34.4M
Goodwill & intangibles	1.1B	1.1B	939.3M	966.1M	986M	960.5M	871.8M	863.1M	792.7M	53.7M
Total assets	3.2B	3.7B	3.9B	4.4B	4.5B	4.4B	4.2B	4.5B	4.9B	5.1B
Accounts payable	2.5M	5M	6.1M	4.3M	5.3M	3.8M	7.3M	6.3M	—	—
Short-term debt	76.1M	98.6M	1.2B	1.8B	1.6B	1.2B	1.1B	1.4B	—	—
Total current liabilities	185.1M	200.3M	183.3M	203.5M	265M	275.5M	257.4M	271.7M	333.2M	267.8M
Long-term debt	1.8B	2.2B	2.5B	2.9B	2.7B	2.7B	2.6B	3B	3.4B	3.7B
Total liabilities	2.2B	2.6B	2.8B	3.2B	3.1B	3B	2.9B	3.3B	3.7B	4.1B
Shareholders' equity	917.2M	1.1B	1.1B	1.2B	1.4B	1.3B	1.3B	1.2B	1.2B	1B
Total debt	1.9B	2.3B	3.6B	4.7B	4.3B	3.8B	3.6B	4.4B	3.4B	3.7B
Net debt	1.8B	2.1B	3.5B	4.6B	4.2B	3.8B	3.5B	4.3B	3.3B	3.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	167.9M	172M	155.2M	166.8M	191.7M	161.7M	189.3M	196.4M	170.7M	169.3M	239.5M	276.5M
Receivables	3.5B	3.7B	3.7B	3.8B	4.1B	4.1B	4.3B	4.6B	4.6B	4.7B	4.6B	4.7B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	3.7B	3.9B	3.8B	4B	4.3B	4.3B	4.5B	4.8B	4.8B	4.9B	4.9B	5B
Property, plant & equipment	85.7M	62.7M	78.2M	75.2M	72.7M	42M	54.2M	52.7M	53.3M	34.4M	53.3M	50M
Goodwill & intangibles	825M	863.1M	823.7M	831.3M	846M	792.7M	841.4M	878.9M	53.7M	53.7M	53.7M	53.7M
Total assets	4.3B	4.5B	4.5B	4.7B	4.9B	4.9B	5.1B	5.4B	5B	5.1B	5.2B	5.2B
Accounts payable	6.2M	6.3M	10.8M	10.2M	8.2M	—	—	—	—	—	—	—
Short-term debt	1.4B	1.4B	1.5B	—	—	—	—	—	—	—	—	—
Total current liabilities	229M	271.7M	246.5M	263M	273.2M	333.2M	320.2M	330.3M	304M	267.8M	209.3M	266M
Long-term debt	2.9B	3B	3B	3.2B	3.3B	3.4B	3.5B	3.6B	3.6B	3.7B	3.8B	3.8B
Total liabilities	3.1B	3.3B	3.3B	3.5B	3.7B	3.7B	3.9B	4B	4B	4.1B	4.1B	4.1B
Shareholders' equity	1.2B	1.2B	1.2B	1.2B	1.3B	1.2B	1.3B	1.4B	984M	1B	1.1B	1.1B
Total debt	4.2B	4.4B	4.5B	3.2B	3.3B	3.4B	3.5B	3.6B	3.6B	3.7B	3.8B	3.8B
Net debt	4.1B	4.3B	4.4B	3B	3.2B	3.3B	3.4B	3.5B	3.5B	3.6B	3.7B	3.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	92M	171.1M	75.7M	97.7M	167.7M	195.5M	118M	-66.8M	88.6M	-290M
Depreciation & amortization	24.4M	19.8M	19.3M	17.5M	18.5M	15.3M	15.2M	18.6M	10.8M	10.4M
Stock-based compensation	6.1M	8.7M	8.5M	10.7M	14.4M	15.9M	13M	11.1M	13.5M	15.9M
Change in working capital	2.2M	-26.4M	3.7M	15.7M	540K	22.6M	-13M	-705K	-9.5M	-17.8M
Operating cash flow	113.7M	57.2M	73.1M	126.8M	162.8M	265.4M	143.8M	-67.2M	110.1M	-85.5M
Capital expenditure	-14.2M	-22.8M	-20.5M	-18M	-17.2M	-11.2M	-13.3M	-2.9M	-4M	—
Investing cash flow	-317.5M	-295M	-387.3M	-441.2M	115M	160.4M	120.5M	-234.9M	-382.5M	-55.1M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	-44.9M	0	0	0	-200.9M	-111.4M	0	0	-20M
Financing cash flow	72.9M	6M	629M	951.9M	-518.5M	-656M	-112.8M	689.8M	490.8M	116M
Net change in cash	-130.9M	-231.8M	314.9M	637.5M	-240.7M	-230.2M	151.4M	387.7M	218.5M	-24.7M
Free cash flow	191.7M	-7.4M	60.3M	115.4M	124.5M	73.7M	8.3M	-100.4M	-98.6M	-90.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	11.8M	25.1M	28.9M	22.8M	9.1M	45.7M	-404M	59.2M	31.8M	58.9M
Depreciation & amortization	—	—	2.7M	2.6M	2.5M	3M	3.8M	2.5M	2.4M	1.7M	1.7M	4.7M
Stock-based compensation	—	—	3.3M	3.6M	3.3M	3.3M	3.8M	4.5M	4M	3.6M	4.5M	4.6M
Change in working capital	-107K	-82K	1.2M	-2.3M	845K	-9.3M	956K	-7.4M	2.2M	-13.5M	-3.3M	-2.8M
Operating cash flow	-107K	-82K	14.9M	34.4M	34.9M	25.8M	21.6M	-12.9M	-10.1M	-9.9M	24.9M	-36.3M
Capital expenditure	—	—	-495K	-1.3M	-1M	-1.2M	-900K	—	—	—	—	—
Investing cash flow	—	—	15.2M	-111.4M	-87.6M	-198.6M	-24.4M	-7.7M	17.6M	-41.5M	-17M	-10.7M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	-10M	0	-10M	-10M	-10M
Financing cash flow	—	—	52.8M	151M	143.2M	143.8M	85.6M	20.3M	-31.3M	41.4M	60.4M	-5.3M
Net change in cash	-107K	-82K	82.9M	74M	90.5M	-29.1M	82.8M	-385K	-23.8M	-10M	68.3M	-52.3M
Free cash flow	—	—	-73.5M	-30.8M	-36.1M	41.8M	-53.5M	-14.2M	-11.3M	-11.3M	23.5M	-38.7M

PRA Group Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history