PRA Group: adjusted EBITDA up 9% as net leverage drops to 2.60x
PRA Group reported $536 million in collections and a 9% rise in trailing adjusted EBITDA, while net leverage fell to 2.6x, according to TradingView.
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what happened
According to TradingView, PRA Group collected $536 million in the period, 1% above global expectations. Portfolio income rose 5%, and trailing 12-month adjusted EBITDA climbed 9% to $1.4 billion.
U.S. legal collections grew 19%. The company also issued $400 million of notes due 2033, which it said adds funding flexibility. Net leverage fell to 2.6x, marking an eighth straight quarter of decline.
why it matters
For PRAA shareholders, the key signal is steady deleveraging alongside stronger cash collections. Higher collections and EBITDA with lower debt strengthen the balance sheet of a debt buyer that relies on borrowing to fund its portfolio purchases.
market impact
PRA Group shares: stronger collections and lower leverage support the stock
- PRA Group shares (PRAA) pressure up — stronger collections and lower debt improve the company's financial position
tags
instruments
sources
- PRAA: Adjusted EBITDA rose 9% as net leverage fell to 2.60x — TradingView, 5 November 2026 at 22:03 UTC
- PRAA: Adjusted EBITDA rose 9% as net leverage declined for an eighth straight quarter — TradingView, 5 November 2026 at 23:48 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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