Portfolio Recovery Associates
Rank: 71 (Previous rank: 69)
Get quote: PRAA
Industry: Debt Collection
CEO: Steven D. Fredrickson, Chairman, CEO & President
Headquarters: Norfolk, VA
Employees: 1,291
Portfolio Recovery Associates buys defaulted consumer loans from financial service, auto and retail companies and collects the debt on its own behalf. In 2006, it opened a call center in Tennessee that supports more than 300 collectors.
Revenue (millions, 2006) $188.3
Revenue growth (3-year annualized) 31.24%
Annual net income (millions, 2006) $44.5
Earnings per share growth (3-year annualized) 28.81%
Return for investors (3-year annualized) 20.7%
Source: Zacks
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