Protective Insurance Corp
Financials · Fire, Marine & Casualty Insurance · IN · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $468.7M | $495.6M | $439.2M | $371.2M | $319.0M | $280.3M |
| Operating income | — | — | — | — | — | — |
| Net income | −$22.2M | $2.7M | −$34.1M | $18.3M | $28.9M | $23.3M |
| Total assets | $1.72B | $1.63B | $1.49B | $1.36B | $1.15B | $1.09B |
| Total liabilities | $1.36B | $1.27B | $1.13B | $938.2M | $749.8M | $691.3M |
| Equity | $363.1M | $364.3M | $356.1M | $418.8M | $404.3M | $394.5M |
| EPS (diluted) | $-1.56 | $0.18 | $-2.28 | $0.45 | $0.94 | $0.42 |
| Shares out. | 14.2M | 14.8M | 15.0M | 15.1M | 15.1M | 15.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- −4.7%
- Return on equity
- −6.1%
- Return on assets
- −1.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 78.9%
- Debt / equity
- 3.75×
- Book value / share
- $25.50
- Revenue growth (YoY)
- −5.4%
- Net income growth (YoY)
- −906.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2020- Accruals / assets
- −5.6%clean
- Piotroski F-Score
- 3/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 3 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 16, 2009
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Omidfar Bahram D.Officer — Chief Information Officer | Jun 1, 2021 | D | 4,503 | $23.30 |
| Goldstein Jeremy FineOfficer — EVP - Claims | Jun 1, 2021 | D | 18,769 | $23.30 |
| Barnett John ROfficer — Chief Financial Officer | Jun 1, 2021 | D | 3,928 | $23.30 |
| Shapiro RobertDirector | Jun 1, 2021 | D | 116,559 | $23.30 |
| Shapiro NathanDirector | Jun 1, 2021 | D | 217,921 | $23.30 |
| Nichols John DrakeDirector | Jun 1, 2021 | D | 83,303 | $23.30 |
| Edgecliffe-Johnson Jeremy DavidOfficer — Chief Executive Officer | Jun 1, 2021 | D | 34,196 | $23.30 |
| Lowery-Biggers LoriannDirector | Jun 1, 2021 | D | 10,906 | $23.30 |
| Frenzel Otto N. IvDirector | Jun 1, 2021 | D | 3,132 | $23.30 |
| Bilton Stuart DDirector | Jun 1, 2021 | D | 58,196 | $23.30 |
| Bensinger Steven JDirector | Jun 1, 2021 | D | 16,557 | $23.30 |
| Michelson David WDirector | Jun 1, 2021 | D | 18,049 | $23.30 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJun 1, 2021
- Other material eventMay 25, 2021
- Shareholder vote · Other material eventMay 6, 2021
- Results of operationsMay 6, 2021
- Shareholder voteMay 5, 2021
- Results of operationsMar 11, 2021
- Entered a material agreement · Other material eventFeb 16, 2021
- Amended charter or bylawsJan 4, 2021
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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