Porch (PRCH) Interest & Investment Income (2021 - 2023)
Porch (PRCH) posted quarterly Interest & Investment Income of $1.3 million for Q2 2023, up 308.31% year-over-year from $313000.0 in Q2 2022, and up 54.91% quarter-over-quarter from $825000.0 in Q1 2023.
Porch (PRCH) Interest & Investment Income (2021 - 2023) Analysis & Trends
Porch (PRCH) has reported Interest & Investment Income for 3 consecutive years, with $1.3 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Interest & Investment Income rose 308.31% year-over-year to $1.3 million; the TTM figure through Jun 2023 stood at $3.1 million (up 175.49% YoY), while the FY2022 annual figure was $1.5 million, up 101.04% from the prior year.
- Interest & Investment Income improved to $1.3 million in Q2 2023 per PRCH's latest filing, from $825000.0 in the prior quarter.
- Across five years, Interest & Investment Income topped out at $1.3 million in Q2 2023 and bottomed at $261000.0 in Q3 2021.
- Historically, Interest & Investment Income has averaged $511333.3 across 3 years, with a median of $384000.0 in 2022.
- Annual changes were most pronounced in 2022 — Interest & Investment Income declined 25.3% — and 2023, when it soared 308.31%.
- Porch's Interest & Investment Income stood at $275000.0 in 2021, then jumped by 111.64% to $582000.0 in 2022, then surged by 119.59% to $1.3 million in 2023.
- Business Quant data shows PRCH's Interest & Investment Income at $1.3 million in Q2 2023, $825000.0 in Q1 2023, and $582000.0 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.01 Bn | 121.25 Bn | 9.13 Bn | - |
| 2 | Progressive | 124.60 Bn | 119.60 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.46 Bn | 55.71 Bn | 4.83 Bn | - |
| 4 | Allstate | 67.73 Bn | 29.00 Bn | 16.28 Bn | - |
| 5 | Fairfax Financial Holdings | 35.48 Bn | 35.48 Bn | - | 737.20 Mn |
| 6 | Cincinnati Financial | 26.79 Bn | 24.90 Bn | 2.39 Bn | - |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn | - |
| 8 | Markel | 23.23 Bn | 6.35 Bn | 2.83 Bn | - |
| 9 | Assurant | 14.12 Bn | 12.09 Bn | 2.71 Bn | - |
| 10 | Porch | 1.75 Bn | 1.55 Bn | 87.58 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 1.28 Mn |
| Mar 31, 2023 | 825,000.00 |
| Dec 31, 2022 | 582,000.00 |
| Sep 30, 2022 | 384,000.00 |
| Jun 30, 2022 | 313,000.00 |
| Mar 31, 2022 | 265,000.00 |
| Dec 31, 2021 | 275,000.00 |
| Sep 30, 2021 | 261,000.00 |
| Jun 30, 2021 | 419,000.00 |