Porch Group (PRCH) Financials

$9.46 -0.38 (-3.81%)

As of 01:07 PM Eastern

Annual Income Statements for Porch Group

This table shows Porch Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-33	-134	-157
Consolidated Net Income / (Loss)	-33	-134	-157
Net Income / (Loss) Continuing Operations	-33	-134	-157
Total Pre-Tax Income	-31	-133	-156
Total Operating Income	-65	-190	-177
Total Gross Profit	212	173	168
Total Revenue	438	430	276
Operating Revenue	438	430	276
Total Cost of Revenue	226	257	108
Operating Cost of Revenue	226	220	108
Other Cost of Revenue	0.24	37	0.81
Total Operating Expenses	277	363	345
Selling, General & Admin Expense	98	103	110
Marketing Expense	123	144	114
Other Operating Expenses / (Income)	55	59	60
Impairment Charge	0.00	57	61
Total Other Income / (Expense), net	34	57	21
Interest Expense	15	-50	8.72
Interest & Investment Income	14	8.29	1.17
Other Income / (Expense), net	35	-0.77	29
Income Tax Expense	2.12	0.62	0.84
Basic Earnings per Share	($0.33)	($1.39)	($1.61)
Weighted Average Basic Shares Outstanding	99.59M	96.06M	97.35M
Diluted Earnings per Share	($0.33)	($1.39)	($1.61)
Weighted Average Diluted Shares Outstanding	99.59M	96.06M	97.35M
Weighted Average Basic & Diluted Shares Outstanding	120.06M	97.60M	96.98M

This table shows Porch Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	8.40	30	14	-64	-13	-2.49	-5.74	-87	-39	-35	-84
Consolidated Net Income / (Loss)	3.74	30	14	-64	-13	-2.49	-5.74	-87	-39	-35	-84
Net Income / (Loss) Continuing Operations	3.74	30	14	-64	-13	-2.49	-5.74	-87	-39	-35	-84
Total Pre-Tax Income	4.64	32	14	-64	-13	-1.90	-5.63	-87	-39	-35	-84
Total Operating Income	-1.27	25	-2.50	-52	-35	7.38	0.20	-159	-39	-34	-83
Total Gross Profit	65	88	64	20	40	85	83	-31	36	43	44
Total Revenue	105	100	111	111	115	115	130	99	87	64	77
Operating Revenue	105	100	111	111	115	115	130	99	87	64	77
Total Cost of Revenue	39	12	47	91	76	30	46	130	51	21	33
Operating Cost of Revenue	39	11	47	92	76	35	53	81	51	20	33
Total Operating Expenses	67	63	67	72	74	77	83	128	75	77	127
Selling, General & Admin Expense	24	23	25	24	26	26	29	23	26	30	25
Marketing Expense	30	28	27	33	34	37	40	35	33	28	31
Research & Development Expense	13	-	-	-	-	-	-	-	-	-	-
Total Other Income / (Expense), net	5.91	6.83	17	-11	21	-9.28	-5.83	72	-0.32	-1.11	-1.58
Interest Expense	11	11	-12	10	5.90	11	10	-73	2.19	2.22	2.15
Interest & Investment Income	2.81	2.74	3.79	3.53	3.64	3.79	2.49	1.25	0.76	0.40	0.34
Other Income / (Expense), net	14	15	1.02	-4.36	24	-2.47	1.96	-1.36	1.11	0.72	0.24
Income Tax Expense	0.90	1.43	-0.18	0.69	0.18	0.59	0.12	0.03	-0.11	0.57	-0.02
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.66	-	-	-	-	-	-	-	-	-	-
Basic Earnings per Share	$0.08	$0.32	$0.14	($0.65)	($0.14)	($0.01)	($0.06)	($0.91)	($0.41)	($0.37)	($0.86)
Weighted Average Basic Shares Outstanding	121.54M	99.59M	119.54M	99.19M	97.51M	96.06M	98.87M	95.73M	95.21M	97.35M	97.79M
Diluted Earnings per Share	$0.07	$0.34	$0.12	($0.65)	($0.14)	($0.01)	($0.06)	($0.91)	($0.41)	($0.37)	($0.86)
Weighted Average Diluted Shares Outstanding	121.54M	99.59M	119.54M	99.19M	97.51M	96.06M	98.87M	95.73M	95.21M	97.35M	97.79M
Weighted Average Basic & Diluted Shares Outstanding	121.54M	120.06M	119.54M	118.77M	99.19M	97.60M	98.87M	98.43M	97.82M	96.98M	100.55M

This table details how cash moves in and out of Porch Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-100	69	-96
Net Cash From Operating Activities	-32	34	-18
Net Cash From Continuing Operating Activities	-32	34	-18
Net Income / (Loss) Continuing Operations	-33	-134	-157
Consolidated Net Income / (Loss)	-33	-134	-157
Depreciation Expense	26	24	28
Non-Cash Adjustments To Reconcile Net Income	-5.11	48	109
Changes in Operating Assets and Liabilities, net	-19	95	2.07
Net Cash From Investing Activities	-45	-56	-80
Net Cash From Continuing Investing Activities	-45	-56	-80
Purchase of Property, Plant & Equipment	-13	-10	-10
Acquisitions	0.00	-1.97	-39
Purchase of Investments	-111	-91	-53
Divestitures	11	0.00	0.00
Sale and/or Maturity of Investments	68	47	22
Net Cash From Financing Activities	-24	91	1.23
Net Cash From Continuing Financing Activities	-24	91	1.23
Repayment of Debt	-24	-20	-31
Repurchase of Common Equity	0.00	-5.61	-1.81
Issuance of Debt	0.00	117	15
Other Financing Activities, net	0.00	0.32	19
Cash Interest Paid	24	12	3.51
Cash Income Taxes Paid	0.62	-2.29	-0.67

This table details how cash moves in and out of Porch Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-31	-20	-69	-31	19	-64	57	111	-34	-48	-5.08
Net Cash From Operating Activities	-11	-27	12	-26	8.47	-41	84	13	-22	-7.38	-6.20
Net Cash From Continuing Operating Activities	-11	-27	12	-26	8.47	-41	84	13	-22	-7.38	-6.20
Net Income / (Loss) Continuing Operations	3.74	30	14	-64	-13	-2.49	-5.74	-87	-39	-35	-84
Consolidated Net Income / (Loss)	3.74	30	14	-64	-13	-2.49	-5.74	-87	-39	-35	-84
Depreciation Expense	5.99	6.95	6.05	6.20	6.32	5.91	6.27	6.21	6.02	6.36	8.68
Non-Cash Adjustments To Reconcile Net Income	16	-41	-37	53	20	-37	-27	88	25	9.24	76
Changes in Operating Assets and Liabilities, net	-37	-23	29	-21	-4.25	-6.94	110	6.03	-14	12	-6.36
Net Cash From Investing Activities	-19	7.15	-61	-3.93	13	-22	-26	-2.80	-5.15	-33	-8.04
Net Cash From Continuing Investing Activities	-19	7.15	-61	-3.93	13	-22	-26	-2.80	-5.15	-33	-8.04
Purchase of Property, Plant & Equipment	-3.35	-3.87	-3.38	-3.19	-2.36	-2.40	-2.29	-2.62	-2.78	-2.66	-2.75
Purchase of Investments	-41	-13	-79	-	-	-31	-36	-	-	-33	-5.89
Sale and/or Maturity of Investments	25	24	21	18	4.71	12	12	23	-0.39	4.11	5.55
Net Cash From Financing Activities	-0.23	-0.44	-20	-0.63	-2.50	-1.46	-0.56	100	-7.27	-7.77	9.15
Net Cash From Continuing Financing Activities	-0.23	-0.44	-20	-0.63	-2.50	-1.46	-0.56	100	-7.27	-7.77	9.15
Repayment of Debt	-0.23	-0.44	-20	-0.63	-2.50	-1.46	-3.24	-15	-0.70	-9.49	-12
Cash Interest Paid	0.01	11	0.46	11	0.97	10	-0.12	0.48	1.80	0.33	1.59
Cash Income Taxes Paid	0.09	0.08	0.01	0.71	-0.17	0.09	-0.08	-4.68	2.38	-	-

This table presents Porch Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	814	899	1,049
Total Current Assets	365	481	611
Cash & Equivalents	168	258	215
Restricted Cash	29	39	14
Short-Term Investments	24	36	37
Accounts Receivable	19	24	26
Prepaid Expenses	15	13	11
Other Current Assets	110	111	308
Plant, Property, & Equipment, net	23	17	12
Total Noncurrent Assets	426	401	426
Long-Term Investments	159	104	55
Goodwill	192	192	245
Intangible Assets	69	87	108
Other Noncurrent Operating Assets	6.99	19	5.85
Total Liabilities & Shareholders' Equity	814	899	1,049
Total Liabilities	857	935	970
Total Current Liabilities	414	462	516
Short-Term Debt	0.15	0.24	16
Accounts Payable	4.54	8.76	6.27
Accrued Expenses	41	59	40
Customer Deposits	13	18	20
Current Deferred Revenue	249	249	271
Other Current Liabilities	107	127	162
Total Noncurrent Liabilities	443	473	454
Long-Term Debt	404	435	425
Other Noncurrent Operating Liabilities	39	37	29
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-43	-36	79
Total Preferred & Common Equity	-43	-36	79
Total Common Equity	-43	-36	79
Common Stock	717	690	671
Retained Earnings	-755	-722	-585
Accumulated Other Comprehensive Income / (Loss)	-5.45	-3.86	-6.17

This table presents Porch Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	802	867	876	881	967	1,047	1,017	1,072
Total Current Assets	111	407	480	480	562	658	576	646
Cash & Equivalents	66	207	274	279	343	266	179	260
Restricted Cash	17	9.95	11	37	19	39	15	16
Short-Term Investments	4.51	32	34	31	29	26	34	7.21
Accounts Receivable	12	21	21	21	27	25	24	37
Prepaid Expenses	12	17	18	17	46	30	31	21
Other Current Assets	94	120	121	96	98	272	293	304
Plant, Property, & Equipment, net	24	21	19	18	16	15	14	11
Total Noncurrent Assets	429	439	377	383	390	375	427	415
Long-Term Investments	192	166	101	103	87	67	59	55
Goodwill	192	192	192	192	192	192	247	228
Intangible Assets	38	73	78	83	92	97	102	112
Other Noncurrent Operating Assets	7.09	8.14	5.58	5.60	5.75	5.71	6.50	8.25
Total Liabilities & Shareholders' Equity	802	867	876	881	967	1,047	1,017	1,072
Total Liabilities	834	944	978	925	1,005	1,084	971	957
Total Current Liabilities	73	492	487	444	522	604	517	504
Short-Term Debt	0.00	0.15	0.15	0.15	1.65	5.44	10	6.28
Accounts Payable	5.67	5.15	3.13	5.25	9.05	9.33	6.20	6.72
Accrued Expenses	47	47	46	53	42	34	39	37
Customer Deposits	13	13	14	16	19	20	21	20
Current Deferred Revenue	8.01	252	223	216	265	257	247	278
Other Current Liabilities	72	174	200	153	184	279	194	156
Total Noncurrent Liabilities	687	453	491	481	483	480	455	454
Long-Term Debt	409	399	437	432	431	427	425	425
Noncurrent Deferred Revenue	215	-	-	-	-	-	-	-
Other Noncurrent Operating Liabilities	63	54	54	49	52	53	29	29
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-32	-77	-102	-44	-37	-37	45	115
Total Preferred & Common Equity	-52	-77	-102	-44	-37	-37	45	115
Total Common Equity	-52	-77	-102	-44	-37	-37	45	115
Common Stock	584	709	703	696	690	683	677	664
Retained Earnings	-637	-785	-800	-735	-720	-714	-627	-543
Accumulated Other Comprehensive Income / (Loss)	0.28	-1.06	-4.90	-4.69	-7.64	-6.08	-5.30	-6.57
Noncontrolling Interest	20	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Porch Group's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	1.75%	55.94%	43.40%
EBITDA Growth	97.73%	-38.65%	-19.58%
EBIT Growth	84.66%	-28.99%	-26.71%
NOPAT Growth	66.08%	-7.52%	-112.38%
Net Income Growth	75.49%	14.45%	-46.86%
EPS Growth	76.26%	13.66%	-41.23%
Operating Cash Flow Growth	-193.38%	291.30%	49.00%
Free Cash Flow Firm Growth	-160.33%	222.48%	75.77%
Invested Capital Growth	48.23%	-118.10%	-16.27%
Revenue Q/Q Growth	-3.15%	13.30%	4.76%
EBITDA Q/Q Growth	90.50%	18.38%	-12.39%
EBIT Q/Q Growth	54.45%	16.58%	-10.44%
NOPAT Q/Q Growth	21.51%	17.78%	-9.67%
Net Income Q/Q Growth	50.10%	19.76%	-10.88%
EPS Q/Q Growth	51.47%	20.57%	-17.52%
Operating Cash Flow Q/Q Growth	31.20%	-49.75%	-419.81%
Free Cash Flow Firm Q/Q Growth	-34.76%	-17.94%	56.15%
Invested Capital Q/Q Growth	79.65%	55.36%	-3.12%
Profitability Metrics	-	-	-
Gross Margin	48.41%	40.18%	60.72%
EBITDA Margin	-0.86%	-38.74%	-43.57%
Operating Margin	-14.75%	-44.24%	-64.16%
EBIT Margin	-6.69%	-44.42%	-53.69%
Profit (Net Income) Margin	-7.50%	-31.13%	-56.74%
Tax Burden Percent	106.89%	100.47%	100.54%
Interest Burden Percent	104.79%	69.75%	105.09%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-161.98%	-56.23%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-163.12%	-101.43%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-451.40%	-49.41%
Return on Equity (ROE)	83.21%	-613.39%	-105.64%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-38.52%
Operating Return on Assets (OROA)	-3.42%	-19.62%	-14.19%
Return on Assets (ROA)	-3.83%	-13.75%	-15.00%
Return on Common Equity (ROCE)	83.21%	-613.39%	-105.64%
Return on Equity Simple (ROE_SIMPLE)	75.95%	375.34%	-197.29%
Net Operating Profit after Tax (NOPAT)	-45	-133	-124
NOPAT Margin	-10.32%	-30.97%	-44.91%
Net Nonoperating Expense Percent (NNEP)	-104.24%	1.13%	45.19%
Return On Investment Capital (ROIC_SIMPLE)	-12.53%	-33.31%	-23.78%
Cost of Revenue to Revenue	51.59%	59.82%	39.28%
SG&A Expenses to Revenue	22.47%	23.98%	39.80%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	63.16%	84.41%	124.88%
Earnings before Interest and Taxes (EBIT)	-29	-191	-148
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-3.79	-167	-120
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.38
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.34	0.71	0.69
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.55
Enterprise Value to Revenue (EV/Rev)	1.40	0.71	1.13
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	8.96	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	2.92	0.00
Leverage & Solvency	-	-	-
Debt to Equity	-9.35	-12.21	5.57
Long-Term Debt to Equity	-9.34	-12.20	5.36
Financial Leverage	-0.30	2.77	0.49
Leverage Ratio	-21.71	44.62	7.04
Compound Leverage Factor	-22.75	31.12	7.40
Debt to Total Capital	111.98%	108.92%	84.77%
Short-Term Debt to Total Capital	0.04%	0.06%	3.16%
Long-Term Debt to Total Capital	111.94%	108.86%	81.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	-11.98%	-8.92%	15.23%
Debt to EBITDA	-106.66	-2.61	-3.67
Net Debt to EBITDA	-6.44	0.00	-1.01
Long-Term Debt to EBITDA	-106.62	-2.61	-3.54
Debt to NOPAT	-8.94	-3.27	-3.56
Net Debt to NOPAT	-0.54	0.01	-0.98
Long-Term Debt to NOPAT	-8.93	-3.27	-3.43
Altman Z-Score	-0.54	-1.13	-0.76
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	0.88	1.04	1.18
Quick Ratio	0.51	0.69	0.54
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-63	104	-85
Operating Cash Flow to CapEx	-247.61%	336.06%	-169.72%
Free Cash Flow to Firm to Interest Expense	-4.15	0.00	-9.73
Operating Cash Flow to Interest Expense	-2.10	0.00	-2.03
Operating Cash Flow Less CapEx to Interest Expense	-2.95	0.00	-3.23
Efficiency Ratios	-	-	-
Asset Turnover	0.51	0.44	0.26
Accounts Receivable Turnover	20.18	16.97	10.00
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	22.22	29.57	29.19
Accounts Payable Turnover	33.97	34.26	16.38
Days Sales Outstanding (DSO)	18.09	21.51	36.51
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	10.75	10.65	22.28
Cash Conversion Cycle (CCC)	7.34	10.86	14.23
Capital & Investment Metrics	-	-	-
Invested Capital	-19	-36	201
Invested Capital Turnover	-15.87	5.23	1.25
Increase / (Decrease) in Invested Capital	18	-237	-39
Enterprise Value (EV)	613	304	311
Market Capitalization	588	305	189
Book Value per Share	($0.36)	($0.36)	$0.79
Tangible Book Value per Share	($2.54)	($3.18)	($2.72)
Total Capital	361	400	521
Total Debt	404	436	442
Total Long-Term Debt	404	435	425
Net Debt	24	-0.67	122
Capital Expenditures (CapEx)	13	10	10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-270	-314	-154
Debt-free Net Working Capital (DFNWC)	-49	19	111
Net Working Capital (NWC)	-49	19	95
Net Nonoperating Expense (NNE)	-12	0.69	33
Net Nonoperating Obligations (NNO)	24	-0.67	122
Total Depreciation and Amortization (D&A)	26	24	28
Debt-free, Cash-free Net Working Capital to Revenue	-61.61%	-72.89%	-55.69%
Debt-free Net Working Capital to Revenue	-11.16%	4.46%	40.39%
Net Working Capital to Revenue	-11.20%	4.40%	34.43%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.33)	($1.39)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	99.59M	96.06M	0.00
Adjusted Diluted Earnings per Share	($0.33)	($1.39)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	99.59M	96.06M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	120.06M	97.60M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-45	-93	-81
Normalized NOPAT Margin	-10.32%	-21.66%	-29.34%
Pre Tax Income Margin	-7.01%	-30.98%	-56.43%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-1.94	0.00	-16.99
NOPAT to Interest Expense	-2.99	0.00	-14.21
EBIT Less CapEx to Interest Expense	-2.79	0.00	-18.18
NOPAT Less CapEx to Interest Expense	-3.84	0.00	-15.41
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-4.19%	-1.16%

This table displays calculated financial ratios and metrics derived from Porch Group's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.27%	-12.43%	-14.17%	12.23%	32.13%	78.77%	67.49%	39.27%	37.44%	24.29%	23.23%
EBITDA Growth	513.00%	333.42%	-45.87%	67.24%	85.31%	140.49%	111.39%	-723.86%	-7,971.18%	-98.40%	-2,550.53%
EBIT Growth	219.60%	714.06%	-169.08%	64.65%	70.79%	114.83%	102.61%	-538.58%	-417.44%	-73.48%	-3,670.22%
NOPAT Growth	95.80%	363.66%	-1,920.73%	67.08%	10.02%	121.84%	100.24%	-403.20%	-34.45%	-85.92%	-557.35%
Net Income Growth	127.96%	1,325.82%	350.38%	26.03%	65.51%	92.99%	93.20%	-218.25%	-317.23%	-76.39%	-1,556.72%
EPS Growth	150.00%	3,500.00%	300.00%	28.57%	65.85%	97.30%	93.02%	-225.00%	-310.00%	-184.62%	-975.00%
Operating Cash Flow Growth	-232.05%	35.07%	-85.15%	-295.94%	138.42%	-454.83%	1,450.47%	17.87%	-43.05%	-206.40%	43.39%
Free Cash Flow Firm Growth	-108.41%	-97.35%	-97.06%	-69.93%	481.28%	1,475.55%	308.38%	166.63%	113.17%	105.05%	-579.59%
Invested Capital Growth	29.88%	48.23%	-13.56%	-4,386.44%	-131.81%	-118.10%	-139.27%	-100.72%	-25.62%	-16.27%	63.60%
Revenue Q/Q Growth	4.37%	-9.75%	0.32%	-3.98%	0.73%	-11.53%	31.18%	13.04%	36.27%	-17.12%	9.08%
EBITDA Q/Q Growth	-59.36%	928.28%	109.01%	-997.14%	-142.65%	28.42%	105.45%	-392.10%	-17.52%	63.89%	-294.51%
EBIT Q/Q Growth	-67.27%	2,784.54%	97.38%	-419.90%	-322.78%	127.81%	101.34%	-329.60%	-13.12%	59.99%	-228.43%
NOPAT Q/Q Growth	-104.26%	1,044.41%	93.10%	-51.38%	-569.76%	3,608.54%	100.12%	-313.74%	-14.01%	59.24%	-161.75%
Net Income Q/Q Growth	-87.74%	111.89%	122.36%	-381.39%	-437.49%	56.72%	93.39%	-124.48%	-9.21%	58.01%	-209.15%
EPS Q/Q Growth	-79.41%	183.33%	118.46%	-364.29%	-1,300.00%	83.33%	93.41%	-121.95%	-10.81%	56.98%	-207.14%
Operating Cash Flow Q/Q Growth	57.98%	-314.10%	147.84%	-406.79%	120.66%	-148.96%	531.32%	160.16%	-198.36%	-19.17%	-155.10%
Free Cash Flow Firm Q/Q Growth	-402.66%	-24.48%	-82.06%	-79.49%	-4.64%	-16.10%	83.29%	296.41%	158.48%	111.10%	41.39%
Invested Capital Q/Q Growth	-129.65%	79.65%	-7.46%	-39.61%	-69.55%	55.36%	-4,145.52%	-100.99%	-3.53%	-3.12%	-22.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	62.48%	88.08%	57.70%	17.88%	34.30%	73.84%	64.40%	-31.67%	41.31%	67.72%	57.19%
EBITDA Margin	18.20%	46.73%	4.10%	-45.68%	-4.00%	9.44%	6.50%	-156.48%	-35.95%	-41.68%	-95.67%
Operating Margin	-1.21%	24.99%	-2.25%	-47.34%	-30.03%	6.44%	0.15%	-161.40%	-44.10%	-52.71%	-107.19%
EBIT Margin	12.48%	39.80%	-1.34%	-51.27%	-9.47%	4.28%	1.66%	-162.77%	-42.83%	-51.60%	-106.89%
Profit (Net Income) Margin	3.57%	30.36%	12.93%	-58.03%	-11.57%	-2.17%	-4.43%	-88.05%	-44.34%	-55.33%	-109.21%
Tax Burden Percent	80.53%	95.51%	101.29%	101.08%	101.35%	130.98%	102.06%	100.03%	99.71%	101.64%	99.97%
Interest Burden Percent	35.48%	79.88%	-954.23%	111.96%	120.60%	-38.68%	-261.28%	54.08%	103.82%	105.50%	102.20%
Effective Tax Rate	19.47%	4.49%	-1.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	-145.84%	23.58%	0.65%	-278.93%	-40.74%	-46.20%	-118.33%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	-129.15%	10.91%	-23.88%	-231.19%	-52.86%	-62.57%	-316.42%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	-11,906.48%	30.20%	-14.70%	-146.98%	-39.45%	-30.48%	-27.47%
Return on Equity (ROE)	41.45%	83.21%	115.19%	123.93%	-12,052.32%	53.78%	-14.05%	-425.92%	-80.18%	-76.68%	-145.80%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-28.22%	-38.52%	-115.90%
Operating Return on Assets (OROA)	6.33%	20.34%	-0.66%	-25.09%	-4.57%	1.89%	0.62%	-49.21%	-12.50%	-13.64%	-26.53%
Return on Assets (ROA)	1.81%	15.52%	6.37%	-28.39%	-5.59%	-0.96%	-1.65%	-26.62%	-12.95%	-14.63%	-27.10%
Return on Common Equity (ROCE)	52.57%	83.21%	115.19%	123.93%	-12,052.32%	53.78%	-14.05%	-425.92%	-80.18%	-76.68%	-145.80%
Return on Equity Simple (ROE_SIMPLE)	30.01%	0.00%	85.39%	84.31%	247.51%	0.00%	448.95%	668.59%	-410.84%	0.00%	-122.65%
Net Operating Profit after Tax (NOPAT)	-1.02	24	-2.54	-37	-24	5.17	0.14	-112	-27	-24	-58
NOPAT Margin	-0.97%	23.87%	-2.28%	-33.14%	-21.02%	4.51%	0.11%	-112.98%	-30.87%	-36.90%	-75.04%
Net Nonoperating Expense Percent (NNEP)	32.85%	-54.95%	56.70%	108.86%	-16.68%	12.66%	24.53%	-47.74%	12.13%	16.37%	198.09%
Return On Investment Capital (ROIC_SIMPLE)	-0.27%	6.64%	-	-	-	1.29%	-	-	-	-4.54%	-
Cost of Revenue to Revenue	37.52%	11.92%	42.30%	82.12%	65.70%	26.16%	35.60%	131.67%	58.69%	32.28%	42.81%
SG&A Expenses to Revenue	22.91%	22.68%	22.37%	21.99%	22.87%	22.41%	22.12%	23.06%	29.83%	46.38%	32.43%
R&D to Revenue	12.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	63.69%	63.09%	59.95%	65.23%	64.33%	67.40%	64.25%	129.72%	85.41%	120.44%	164.39%
Earnings before Interest and Taxes (EBIT)	13	40	-1.49	-57	-11	4.91	2.15	-161	-37	-33	-83
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	19	47	4.56	-51	-4.62	11	8.43	-155	-31	-27	-74
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.06	2.38	1.95
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.05	1.34	0.40	0.32	0.92	0.71	0.21	0.41	0.46	0.69	0.85
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.48	1.55	1.53
Enterprise Value to Revenue (EV/Rev)	2.40	1.40	0.37	0.35	0.88	0.71	0.09	0.52	0.96	1.13	1.20
Enterprise Value to EBITDA (EV/EBITDA)	51.54	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	6.57	6.25	8.96	0.51	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	5.83	3.23	2.92	0.27	3.47	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-12.77	-9.35	-5.18	-4.29	-9.86	-12.21	-11.64	-11.77	9.62	5.57	3.75
Long-Term Debt to Equity	-12.77	-9.34	-5.18	-4.28	-9.85	-12.20	-11.60	-11.62	9.40	5.36	3.69
Financial Leverage	0.38	-0.30	0.52	-0.37	92.19	2.77	0.62	0.64	0.75	0.49	0.09
Leverage Ratio	-22.18	-21.71	-16.06	-13.87	1,338.38	44.62	26.17	13.36	7.89	7.04	6.91
Compound Leverage Factor	-7.87	-17.34	153.27	-15.53	1,614.09	-17.26	-68.38	7.22	8.19	7.43	7.06
Debt to Total Capital	108.50%	111.98%	123.93%	130.43%	111.29%	108.92%	109.40%	109.29%	90.59%	84.77%	78.93%
Short-Term Debt to Total Capital	0.00%	0.04%	0.05%	0.04%	0.04%	0.06%	0.42%	1.37%	2.16%	3.16%	1.15%
Long-Term Debt to Total Capital	108.50%	111.94%	123.88%	130.39%	111.25%	108.86%	108.98%	107.91%	88.43%	81.61%	77.78%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	5.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-13.90%	-11.98%	-23.93%	-30.43%	-11.29%	-8.92%	-9.40%	-9.29%	9.41%	15.23%	21.07%
Debt to EBITDA	20.57	-106.66	-10.01	-12.13	-3.09	-2.61	-2.12	-1.51	-2.89	-3.67	-4.03
Net Debt to EBITDA	6.50	-6.44	0.39	-0.44	0.13	0.00	0.22	-0.12	-0.98	-1.01	-0.86
Long-Term Debt to EBITDA	20.57	-106.62	-10.01	-12.13	-3.09	-2.61	-2.11	-1.49	-2.82	-3.54	-3.97
Debt to NOPAT	-18.75	-8.94	-6.93	-7.84	-3.31	-3.27	-2.67	-1.96	-3.33	-3.56	-3.82
Net Debt to NOPAT	-5.93	-0.54	0.27	-0.28	0.14	0.01	0.27	-0.16	-1.14	-0.98	-0.82
Long-Term Debt to NOPAT	-18.75	-8.93	-6.93	-7.84	-3.31	-3.27	-2.66	-1.94	-3.25	-3.43	-3.76
Altman Z-Score	0.16	-0.26	-0.75	-0.87	-0.37	-0.41	-0.54	-1.01	-0.53	-0.40	-0.42
Noncontrolling Interest Sharing Ratio	-26.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.52	0.88	0.83	0.99	1.08	1.04	1.08	1.09	1.11	1.18	1.28
Quick Ratio	1.13	0.51	0.53	0.68	0.75	0.69	0.76	0.52	0.46	0.54	0.60
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-19	6.42	8.50	47	231	242	289	158	40	15	-139
Operating Cash Flow to CapEx	-334.07%	-686.68%	367.93%	-814.62%	359.30%	-1,709.18%	3,650.74%	505.11%	-791.63%	-277.49%	-224.98%
Free Cash Flow to Firm to Interest Expense	-1.73	0.60	0.00	4.59	39.20	22.87	28.14	0.00	18.17	6.93	-64.43
Operating Cash Flow to Interest Expense	-0.99	-2.47	0.00	-2.52	1.44	-3.87	8.15	0.00	-10.07	-3.33	-2.88
Operating Cash Flow Less CapEx to Interest Expense	-1.29	-2.83	0.00	-2.82	1.04	-4.09	7.93	0.00	-11.34	-4.53	-4.16
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.51	0.51	0.49	0.49	0.48	0.44	0.37	0.30	0.29	0.26	0.25
Accounts Receivable Turnover	25.85	20.18	18.76	20.39	20.65	16.97	11.88	10.37	11.19	10.00	7.45
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	20.40	22.22	24.57	27.64	29.28	29.57	28.24	26.47	27.17	29.19	27.89
Accounts Payable Turnover	34.20	33.97	34.35	38.99	49.26	34.26	31.47	27.55	18.91	16.38	16.81
Days Sales Outstanding (DSO)	14.12	18.09	19.46	17.90	17.68	21.51	30.72	35.20	32.63	36.51	48.96
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	10.67	10.75	10.63	9.36	7.41	10.65	11.60	13.25	19.30	22.28	21.72
Cash Conversion Cycle (CCC)	3.45	7.34	8.84	8.54	10.27	10.86	19.12	21.95	13.33	14.23	27.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-43	-19	-92	-86	-62	-36	-81	-1.92	194	201	207
Invested Capital Turnover	-8.15	-15.87	-5.20	-10.70	6.94	5.23	6.03	2.47	1.32	1.25	1.58
Increase / (Decrease) in Invested Capital	18	18	-11	-84	-255	-237	-289	-269	-67	-39	81
Enterprise Value (EV)	1,025	613	167	166	403	304	35	170	287	311	317
Market Capitalization	875	588	182	150	421	305	79	135	139	189	224
Book Value per Share	($0.44)	($0.36)	($0.65)	($1.03)	($0.45)	($0.36)	($0.38)	($0.38)	$0.47	$0.79	$1.15
Tangible Book Value per Share	($2.35)	($2.54)	($2.88)	($3.75)	($3.26)	($3.18)	($3.26)	($3.33)	($3.13)	($2.72)	($2.25)
Total Capital	377	361	322	335	388	400	396	396	481	521	546
Total Debt	409	404	399	437	432	436	433	432	436	442	431
Total Long-Term Debt	409	404	399	437	432	435	431	427	425	425	425
Net Debt	129	24	-15	16	-18	-0.67	-44	35	149	122	92
Capital Expenditures (CapEx)	3.35	3.87	3.38	3.19	2.36	2.40	2.29	2.62	2.78	2.66	2.75
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-49	-270	-333	-326	-311	-314	-349	-271	-159	-154	-135
Debt-free Net Working Capital (DFNWC)	38	-49	-84	-6.64	37	19	42	60	69	111	149
Net Working Capital (NWC)	38	-49	-85	-6.79	36	19	40	54	59	95	142
Net Nonoperating Expense (NNE)	-4.76	-6.52	-17	28	-11	7.65	5.88	-25	12	12	26
Net Nonoperating Obligations (NNO)	-11	24	-15	16	-18	-0.67	-44	35	149	122	92
Total Depreciation and Amortization (D&A)	5.99	6.95	6.05	6.20	6.32	5.91	6.27	6.21	6.02	6.36	8.68
Debt-free, Cash-free Net Working Capital to Revenue	-11.55%	-61.61%	-73.66%	-69.33%	-67.74%	-72.89%	-91.84%	-82.86%	-53.14%	-55.69%	-51.29%
Debt-free Net Working Capital to Revenue	8.97%	-11.16%	-18.69%	-1.41%	7.97%	4.46%	10.95%	18.17%	23.12%	40.39%	56.41%
Net Working Capital to Revenue	8.97%	-11.20%	-18.72%	-1.44%	7.94%	4.40%	10.51%	16.51%	19.66%	34.43%	54.03%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.08	$0.32	$0.14	($0.65)	($0.14)	($0.01)	($0.06)	($0.91)	($0.41)	($0.37)	($0.88)
Adjusted Weighted Average Basic Shares Outstanding	121.54M	99.59M	119.54M	99.19M	97.51M	96.06M	96.37M	95.73M	95.21M	97.35M	97.79M
Adjusted Diluted Earnings per Share	$0.07	$0.34	$0.12	($0.65)	($0.14)	($0.01)	($0.06)	($0.91)	($0.41)	($0.37)	($0.88)
Adjusted Weighted Average Diluted Shares Outstanding	121.54M	99.59M	119.54M	99.19M	97.51M	96.06M	96.37M	95.73M	95.21M	97.35M	97.79M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	121.54M	120.06M	119.54M	118.77M	99.19M	97.60M	98.87M	98.43M	97.82M	96.98M	100.55M
Normalized Net Operating Profit after Tax (NOPAT)	-1.02	24	-1.75	-37	-24	5.17	0.14	-73	-26	-21	-18
Normalized NOPAT Margin	-0.97%	23.87%	-1.58%	-33.14%	-21.02%	4.51%	0.11%	-73.85%	-29.25%	-32.17%	-23.40%
Pre Tax Income Margin	4.43%	31.79%	12.77%	-57.41%	-11.42%	-1.66%	-4.34%	-88.02%	-44.47%	-54.44%	-109.24%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.16	3.71	0.00	-5.50	-1.85	0.46	0.21	0.00	-17.10	-14.91	-38.42
NOPAT to Interest Expense	-0.09	2.22	0.00	-3.56	-4.12	0.49	0.01	0.00	-12.33	-10.66	-26.97
EBIT Less CapEx to Interest Expense	0.87	3.35	0.00	-5.81	-2.25	0.24	-0.01	0.00	-18.37	-16.11	-39.70
NOPAT Less CapEx to Interest Expense	-0.39	1.86	0.00	-3.87	-4.52	0.26	-0.21	0.00	-13.60	-11.86	-28.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-4.19%	-4.45%	-3.02%	-3.99%	-1.16%	0.00%

Frequently Asked Questions About Porch Group's Financials

When does Porch Group's fiscal year end?

According to the most recent income statement we have on file, Porch Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Porch Group's net income changed over the last 2 years?

Porch Group's net income appears to be on a downward trend, with a most recent value of -$32.83 million in 2024, falling from -$156.56 million in 2022. The previous period was -$133.93 million in 2023. See Porch Group's forecast for analyst expectations on what’s next for the company.

What is Porch Group's operating income?

Porch Group's total operating income in 2024 was -$64.57 million, based on the following breakdown:

Total Gross Profit: $211.98 million
Total Operating Expenses: $276.55 million

How has Porch Group revenue changed over the last 2 years?

Over the last 2 years, Porch Group's total revenue changed from $275.95 million in 2022 to $437.85 million in 2024, a change of 58.7%.

How much debt does Porch Group have?

Porch Group's total liabilities were at $857.19 million at the end of 2024, a 8.3% decrease from 2023, and a 11.6% decrease since 2022.

How much cash does Porch Group have?

In the past 2 years, Porch Group's cash and equivalents has ranged from $167.64 million in 2024 to $258.42 million in 2023, and is currently $167.64 million as of their latest financial filing in 2024.

How has Porch Group's book value per share changed over the last 2 years?

Over the last 2 years, Porch Group's book value per share changed from 0.79 in 2022 to -0.36 in 2024, a change of -145.8%.

Related Companies

This page (NASDAQ:PRCH) was last updated on 5/29/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Porch Group (PRCH) Financials

Frequently Asked Questions About Porch Group's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Porch Group (PRCH) Financials

Annual Income Statements for Porch Group

Quarterly Income Statements for Porch Group

Annual Cash Flow Statements for Porch Group

Quarterly Cash Flow Statements for Porch Group

Annual Balance Sheets for Porch Group

Quarterly Balance Sheets for Porch Group

Annual Metrics And Ratios for Porch Group

Quarterly Metrics And Ratios for Porch Group

Frequently Asked Questions About Porch Group's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools