Saturday 17 October 2026 Export PLMR’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 54.7%, EPS grew 14.9% and free cash flow grew 38.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

139.59 1.98 +1.44%

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Market cap: $3.6B
P/E: 18.2×
Fwd P/E: 13.7×
Dividend yield: 0.32%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.00

Total sells 21.37

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	1	—
Sell	4	2	14	4	1	4	4	2	5	4	1	—

Insider Ownership 2.76%

Capital & Financial Ratios $m

Market Cap 3,620.00

Revenue 1,091.38

Net Income 197.07

Free Cash Flow 408.28

Net Debt 233.07

Current Ratio 0.50

Debt/Equity 0.30

P/E ratio 18.20

Fwd P/E 13.70

P/S ratio 3.37

P/B ratio 3.75

Past 5Y EPS Growth 97.27%

This Y EPS Growth 28.07%

Next Y EPS Growth 11.48%

Next Y revenue growth 35.62%

Next 5Y EPS Growth 15.83%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 14.16%

10-year low 10-year high

P/S against its own 10 years 5.99%

10-year low 10-year high

P/B against its own 10 years 36.21%

10-year low 10-year high

Dividends

Payout Ratio 0.06

Annual Dividend Rate 0.45

Annual Dividend Yield 0.32%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.90	0.45
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	52	81	107	63
Receivables	539	701	922	1,242
Inventory	—	—	—	—
Other	—	—	—	—
	591	781	1,029	1,305

	2023	2024	2025	Q'26
Payables	1,163	1,505	2,063	2,626
ST’ Debt	53	—	—	—
Other	—	—	—	—
	1,216	1,505	2,063	2,626

Compound Annual Growth %

	10y	5y	3y
Sales	—	39.06%	38.87%
Cash Flow	—	48.06%	34.12%
Earnings	—	99.37%	55.74%
Book Value	—	20.98%	34.81%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	279	314	—	—	—
’25	175	203	245	253	876
’24	119	131	149	156	554
’23	89	90	91	105	376
’22	78	80	81	89	327
’21	49	58	68	73	248
’20	38	43	45	42	168

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	47	167	—	—	—
’25	87	121	84	117	409
’24	33	55	100	73	261
’23	17	6	71	22	116
’22	49	34	12	75	170
’21	(13)	6	44	51	88
’20	22	3	20	13	57

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	45	165	—	—	—
’25	86	119	82	116	403
’24	32	54	99	71	255
’23	16	4	69	21	109
’22	48	32	10	74	164
’21	(13)	4	43	50	83
’20	22	3	20	9	53

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.57	1.94	—	—	—
’25	1.57	1.68	1.87	2.06	7.17
’24	1.04	1.00	1.15	1.29	4.48
’23	0.68	0.69	0.73	1.02	3.13
’22	0.56	0.57	0.17	0.73	2.02
’21	0.63	0.47	0.01	0.64	1.76
’20	0.48	0.48	(0.62)	(0.07)	0.24

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	18.06	39.21	60.10	43.64	45.29	54.50	98.42	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	56.75	121.87	115.40	95.20	64.41	112.90	175.85
People
People	Employees	—	—	63	77	77	151	191	213	253	439
	Revenue/emp, $m	0.00	0.00	1.16	1.47	2.19	1.64	1.71	1.76	2.19	2.00
Income, $m
Income, $m	Revenue	43	59	73	113	168	248	327	376	554	876
	Gross margin, %	0.00	11.22	28.12	16.90	3.69	23.08	20.92	28.57	27.50	28.97
	EBT	6	5	18	18	6	57	68	104	151	253
	EBT margin, %	14.70	8.29	24.96	15.96	3.69	23.06	20.65	27.57	27.30	28.93
	Net income	7	4	18	11	6	46	52	79	118	197
	Depreciation	—	1	1	2	3	6	6	4	4	9
Per share, $
Per share, $	Revenue	1.82	3.50	4.29	5.27	6.77	9.73	12.96	15.14	21.70	32.88
	Earnings	0.28	0.22	1.07	0.49	0.25	1.80	2.07	3.19	4.61	7.40
	Cash flow	0.67	1.19	1.34	2.07	2.31	3.45	6.72	4.68	10.23	15.36
	Capex	0.00	0.00	(0.02)	(0.14)	(0.16)	(0.19)	(0.24)	(0.27)	(0.24)	(0.22)
	Free cash flow	0.67	1.19	1.32	1.93	2.15	3.26	6.48	4.41	10.00	15.14
	Book value	0.00	0.00	5.66	10.16	14.62	15.48	15.24	18.99	28.57	35.39
	Shares, m	23	17	17	22	25	25	25	25	26	27
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	219.52	306.34	36.18	22.76	17.71	23.00	18.21
	P/S	4.21	4.21	4.21	9.58	13.12	6.66	3.62	3.74	4.87	4.10
	P/B	3.17	3.17	3.17	4.97	6.08	4.18	3.08	2.98	3.70	3.81
	EV/Sales	4.31	4.31	4.31	9.46	13.03	6.46	3.64	3.88	4.89	4.09
	EV/FCF	19.77	19.77	19.77	25.76	41.09	20.27	7.27	13.36	10.62	8.88
Cash, $m
Cash, $m	Operating cash flow	16	20	23	45	57	88	170	116	261	409
	Capex	(1)	0	0	(3)	(4)	(5)	(6)	(7)	(6)	(6)
	Free cash flow	16	20	22	42	53	83	164	109	255	403
Balance, $m
Balance, $m	Working capital	—	—	(72)	(85)	(168)	(221)	(486)	(625)	(724)	(1,035)
	Total debt	—	17	19	—	—	1	36	53	—	—
	Net debt	—	17	9	(33)	(34)	(50)	(32)	1	(81)	(107)
	Shareholders’ equity	—	—	96	219	364	394	385	471	729	943
Returns, %
Returns, %	ROA	0.00	2.05	15.76	3.39	1.11	5.54	4.67	5.25	5.92	7.42
	ROIC	—	18.03	10.80	6.10	1.18	10.39	11.96	13.72	14.57	18.95
	ROE	0.00	4.33	20.86	6.75	2.15	12.10	13.40	18.50	19.59	23.58

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RLI RLI Corp.	$5.5B	12.8×	19.5×	+15.15% (above 0%: growing)	+35.82% (above 0%: growing)	−17.87% (below 0%: shrinking)	43.61%	36.86%	Compare
HGTY Hagerty, Inc.	$5.3B	95.6×	— (loss-making)	−6.46% (below 0%: shrinking)	n/m	+238.74% (above 0%: growing)	100.00%	18.38%	Compare
SIGI Selective Insurance Group, Inc.	$5.2B	11.1×	11.4×	+4.54% (above 0%: growing)	+55.15% (above 0%: growing)	+34.56% (above 0%: growing)	41.15%	12.69%	Compare
WTM White Mountains Insurance Group, Ltd.	$5.1B	4.9×	5.1×	+22.55% (above 0%: growing)	+68.75% (above 0%: growing)	−131.27% (below 0%: shrinking)	54.44%	32.51%	Compare
PLMR Palomar Holdings, Inc.	$3.6B	18.2×	13.7×	+54.65% (above 0%: growing)	+14.94% (above 0%: growing)	+38.21% (above 0%: growing)	23.77%	23.77%
LMND Lemonade, Inc.	$3.6B	— (loss-making)	— (loss-making)	+79.40% (above 0%: growing)	n/m	−335.29% (below 0%: shrinking)	47.69%	(14.20%)	Compare
SLDE Slide Insurance Holdings, Inc.	$3.1B	5.9×	4.8×	+47.86% (above 0%: growing)	+11.43% (above 0%: growing)	+18.76% (above 0%: growing)	60.96%	46.37%	Compare
SKWD Skyward Specialty Insurance Group, Inc.	$2.7B	13.8×	10.3×	+53.03% (above 0%: growing)	+14.58% (above 0%: growing)	−23.60% (below 0%: shrinking)	43.47%	14.78%	Compare
HCI HCI Group, Inc.	$2.4B	8.3×	8.6×	+11.15% (above 0%: growing)	+3.77% (above 0%: growing)	−13.60% (below 0%: shrinking)	58.07%	45.43%	Compare
Median of peers	$4.3B	11.1×	9.4×	+18.85%	+25.20%	−15.73%	51.07%	25.45%

All 45 Insurance Property & Casualty stocks →

Palomar Holdings, Inc. (PLMR) key facts

Strength: Palomar Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $876.0 million, up 58.2% from fiscal 2024.
Strength: Net income was $197.1 million, or $7.40 per share (basic), a net margin of 22.5%.
Palomar Holdings, Inc. (PLMR) is an Insurance Property & Casualty company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, PLMR traded at $139.59, a market capitalization of $3.6 billion.
At that price the stock trades at 18.2× trailing-twelve-month earnings and 3.4× sales; its P/E is higher than 14% of its own readings over the past ten years.
Palomar Holdings, Inc. pays an annual dividend of $0.45 per share, a yield of 0.32%, with a payout ratio of 6.05%.
Return on equity was 23.6% and debt-to-equity 0.30.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.