Palomar Holdings, Inc.

Palomar Holdings, Inc.

155.71
USD
+0.04
(+0.03%)
7.44EPS
16.50P/E
3.31BMarket Cap
Feb 17Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.89
2.63
3.23
5.27
6.77
9.73
12.96
15.14
21.7
32.88
- -
Basic EPS, GAAP
0.29
0.17
0.81
0.49
0.25
1.8
2.07
3.19
4.61
7.4
- -
Free Cash Flow per Basic Share
0.66
0.89
0.99
2.06
2.02
3.45
6.71
4.68
10.13
15.32
- -
Dividend per Share
- -
- -
- -
0.24
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
3.47
4.26
9.31
14.25
15.5
15.37
19.02
27.48
35.54
- -
Tangible Book Value per Share
- -
3.43
4.22
9.28
13.8
15.13
15.04
18.53
26.98
33.24
- -
Basic Weighted Avg Shares
23
23
23
22
25
25
25
25
26
27
26
Sales/Revenue/Turnover
43
59
73
113
168
248
327
376
554
876
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
1
4
4
5
5
9
- -
Net Income, GAAP
7
4
18
11
6
46
52
79
118
197
- -
Effective Tax Rate (%)
- -
23.23
- -
41.25
- -
19.76
22.77
23.58
22.24
22.23
- -
Profit Margin (%)
15.49
6.36
24.97
9.37
3.71
18.5
15.95
21.07
21.23
22.5
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
17
19
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
78
96
219
364
394
385
471
729
943
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
6.74
- -
12.11
12.96
17.37
18.91
23.61
- -
Return on Common Equity (%)
- -
- -
20.86
6.75
2.15
12.1
13.4
18.5
19.59
23.58
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
297
296
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
26
26
Market Capitalization
3,168
3,310
3,244

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
754
816
- -
Accounts Receivable, Net
1,066
1,242
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
385
455
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
22.49%
29.3%
Free Cash Flow
- -
63.29%
57.91%
Net Income, GAAP
- -
162.88%
67.62%
Sales/Revenue/Turnover
- -
39.9%
58.16%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
119
131
148
156
554
2025
175
201
245
256
876
2026
279
314
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.06
1.03
1.18
1.32
4.61
2025
1.61
1.74
1.93
2.12
7.4
2026
1.62
2
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Mac Armstrong
Full Time Employees
439
Sector
Finance
Industry
Property/Casualty insurance
Address
7979 Ivanhoe Avenue La Jolla CA United States 92037
IPO Date
Apr 17, 2019
Website
plmr.com
Business
Palomar Holdings, Inc. (PLMR) is a specialty insurance holding company that provides property and casualty insurance products to residential and commercial customers throughout the United States. Founded in 2014 and headquartered in La Jolla, California, the company operates in five primary product categories: Earthquake, which includes residential and commercial coverage for earthquake damage, contents, appurtenant structures, and temporary housing on both admitted and excess and surplus lines bases; Inland Marine and Other Property, encompassing builder's risk, contractor's equipment, Hawaii hurricane, commercial all risk, residential flood, and excess national property; Casualty, offering general casualty, environmental liability for general and pollution coverage arising from operations or products, and specialized solutions such as cannabis insurance; Fronting, providing capacity for programs and partnerships; and Crop, supporting American farmers through partnerships like Advanced AgProtection and participation in U.S. crop insurance programs. Additional offerings include surety bonds for contract, site, subdivision, court, and miscellaneous needs; differences in conditions (DIC) earthquake and sprinkler leakage; and hurricane insurance for Hawaii homeowners. Palomar distributes its products through retail agents, program administrators, wholesale brokers, and insurer partnerships, targeting underserved markets with innovative underwriting and analytics; the company maintains an A (Excellent) financial strength rating from AM Best and trades on Nasdaq. Recent developments include the October 2025 announcement of a $300 million acquisition of Gray Casualty and Surety Company, expected to close in Q1 2026 and enhance its surety platform with national scale in markets like Texas, Florida, and California; the January 2025 completion of the First Indemnity of America Insurance Company acquisition to bolster surety capabilities; the June 2025 appointment of Neptune Flood as exclusive managing general agent (MGA) for flood insurance to accelerate residential flood growth using AI-powered distribution; a July 2024 partnership with Karma Wallet to launch an insurance-embedded card aiding claims; a 2024 collaboration with Conifer Holdings for cannabis industry coverage; and key 2024 leadership additions such as Chief Operating Officer Rudy Hervé, Chief People Officer Tim Carter, and others in claims, technology, crop, and E&S casualty roles.

Company News

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  • Palomar Holdings, Inc. (PLMR) Q3 2026 Earnings Call Transcript

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  • Palomar (PLMR) Reports Next Week: Wall Street Expects Earnings Growth

  • Palomar Holdings, Inc. Announces Third Quarter 2026 Financial Results Release Date and Conference Call

  • Will Palomar (PLMR) Beat Estimates Again in Its Next Earnings Report?

  • Palomar: Focus On Earthquake Business And AI Utilization

  • Here's Why Palomar (PLMR) is a Strong Growth Stock

  • Here is Why Growth Investors Should Buy Palomar (PLMR) Now

  • Specialty Insurance: 4 Stocks to Watch in Niche Risks Creating Demand

  • Why Palomar (PLMR) is a Top Growth Stock for the Long-Term

  • Palomar (NASDAQ:PLMR) CEO Mac Armstrong Sells 3,500 Shares of Stock

  • Here's Why Palomar (PLMR) is a Strong Momentum Stock

  • 3 Reasons Why Growth Investors Shouldn't Overlook Palomar (PLMR)