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NASDAQ · FIRE, MARINE & CASUALTY INSURANCE · LARGE CAP

Palomar Holdings, Inc. PLMR

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$876.0M
▲ 58.2% YoY
$197.1M
▲ 67.6% YoY
$409.0M
▲ 56.8% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Palomar Holdings, Inc. is a specialty insurance company that provides property and casualty insurance products to individuals and businesses. As of December 31, 2025, it employed 439 team members. It offers products in five categories: Earthquake, Casualty, Inland Marine and Other Property, Crop, and Fronting. Its Earthquake products, offered on both an admitted and excess and surplus basis, include Residential Earthquake coverage for home damage, contents, appurtenant structures, and temporary housing costs following an earthquake. Its Casualty products, offered on an admitted and excess and surplus basis, focus on niche segments including E&S Casualty, Primary Casualty, Real Estate Agent Errors and Omissions, Excess Liability, Environmental Liability, and Surety coverages written directly and through program administrators. It was originally incorporated under the laws of the Cayman Islands in October 2013 and completed a domestication to become a Delaware corporation in March 2019.

Written from the business description in Palomar Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth

USD 876.0M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 876.0 · Net income 197.1
400M800M
2017202020232025
Compound annual growth
+38.9%
+39.1%
+55.7%
+99.4%
+52.5%
+97.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +39.1% a year over the five years to FY2025 — but profit grew faster: net income at +99.4%, earnings per share at +97.3%.

The share count rose from 0.03B to 0.03B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

22 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 28.9% · Net 22.5%
10%20%
201720212025
ROE
FY2025 · ROE 23.6%
10%20%
201720212025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity produced 24 cents of profit this year.

Cash & shareholders

USD 37.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 409.0
150M300M
201720212025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 37.1
15M30M-50M-100M
20212022202320242025

USD 37.1M in buybacks — 19% of the year's profit went back to shareholders.

Total assetsUSD 3.1B
EquityUSD 942.7M
CashUSD 106.9M

Equity funds 31% of total assets.

The 9-year record

9 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
PLMR, 9-year financial record
Metric 202520242023202220212020201920182017
Revenue $B0.90.60.40.30.20.20.10.10.1
Operating income $B0.30.20.10.10.10.00.0◌◌
EBITDA $B0.30.20.10.10.10.00.0◌◌
Income tax $B0.10.00.00.00.0−0.00.0−0.00.0
Net income $B0.20.10.10.10.00.00.00.00.0
Free cash flow $B0.40.30.10.20.10.10.00.00.0
EPS, diluted $7.174.483.132.021.760.240.491.070.22
Dividend / sh $◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————
ROE %23.619.618.513.412.12.16.720.94.8
Shares out B0.030.030.020.030.030.030.020.02◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 11 checks were skipped: the balance sheet is not tagged before 2018. 10 checks were skipped: EPS is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityFire, Marine & Casualty Insurance
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2017

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