Palomar Holdings, Inc.

PLMR Financial Insurance Property & Casualty

Palomar Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $876.0 million, up 58.2% from fiscal 2024.

Revenue
+54.7%
EPS
+14.9%
Free cash flow
+38.2%

Quarter to June 2026, against a year earlier

143.12 0.91 +0.64%
Market cap
$3.7B
P/E
18.5×
Fwd P/E
17.7×
Dividend yield
0.32%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Palomar Holdings, Inc. (PLMR) Operating margin

Alert me on Operating margin

Palomar Holdings, Inc.'s operating margin over the twelve months to 30 June 2026 was 24.9%, down 4.1 percentage points from fiscal 2025 (29.0%). Over the past ten years it has ranged from 0.00% (fiscal 2016) to 29.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Property & Casualty industry median of 14.7% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 29.0% 1.47
FY2024 27.5% (1.07)
FY2023 28.6% 7.65
FY2022 20.9% (2.16)
FY2021 23.1% 19.39
FY2020 3.69% (13.21)
FY2019 16.9% (11.22)
FY2018 28.1% 16.90
FY2017 11.2% 11.22
FY2016 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 23.8% 3.47
Mar 2026 20.3% (8.41)
Dec 2025 28.7% 1.21
Sep 2025 27.5% (1.99)
30 more quarters

Against its own ten years

Low 0.00% High 29.0%
Ten-year median 22.0%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
SLDE Slide Insurance Holdings, Inc. compare 50.7%
HCI HCI Group, Inc. compare 48.8%
WTM White Mountains Insurance Group, Ltd. compare 40.8%
PLMR Palomar Holdings, Inc. 24.9%
SKWD Skyward Specialty Insurance Group, Inc. compare 15.1%
HGTY Hagerty, Inc. compare 13.4%
MCY Mercury General Corporation compare 13.4%
SIGI Selective Insurance Group, Inc. compare 12.8%
LMND Lemonade, Inc. compare −13.7%
Insurance Property & Casualty industry median 14.7%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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