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Palomar Holdings, Inc.

PLMR

Palomar Holdings is a specialty property and casualty insurance company that provides innovative coverage solutions for individuals and businesses.

Market cap
$3.73B+6.9%
Revenue$980.3M+60.7%
Net income$190.7M+45.5%
Free cash flow$368.9M+17.1%
EPS (diluted)$4.55+135%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$621.5M
EPS estimate$2.19

Financials

Q1 2026

Income statement

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Revenue$278.9M+59.7%
Net income$42.9M+0.1%
EPS (diluted)$1.570.0%

Balance sheet

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Cash & equivalents$56.5M-52.6%
Total debt$297.4M
Total equity$959.0M+21.3%
Total assets$3.6B+48.9%

Cash flow

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Operating cash flow$47.0M-46.1%
CapEx--100%
Free cash flow$47.0M-46.0%

Valuation & ratios

Valuation

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Market cap$3.73B+6.9%
Enterprise value$3.97B
P/E19.6×-3.5×
P/S3.8×-1.3×

Profitability

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Net margin19.5%-2.0pp
FCF margin37.6%-14.0pp

Returns & leverage

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Return on equity21.8%+1.5pp
Debt / equity0.3×

Competitors

Profile

Palomar Holdings is a specialty property and casualty insurance company that provides innovative coverage solutions for individuals and businesses. The company utilizes proprietary data analytics and a technology-enabled platform to deliver granular pricing and customized underwriting in niche markets. Its core value proposition lies in addressing unmet needs in specialty segments through both admitted and excess and surplus lines.

Competitive position

Palomar is a leading specialty insurer, ranking as the 2nd largest earthquake insurer in California and the 3rd largest in the United States.

GeographiesUnited States
Customer segmentsHomeowners, Small and Medium Businesses, Contractors, Agricultural Producers
Business modelUnderwriting, B2B2C, Risk Transfer
SuppliersReinsurance Providers, Data Providers, Actuarial Services
CustomersRetail Insurance Agents, Wholesale Brokers, Program Administrators, Direct Policyholders
Listed2019
Employees213.0
CEOD. McDonald Armstrong
Websiteplmr.com
FilingsSEC EDGAR

Questions, answered.

What is Palomar Holdings, Inc.'s market cap?
Palomar Holdings, Inc. (PLMR) has a market capitalization of $3.7B and trades on NASDAQ.
What is Palomar Holdings, Inc.'s revenue and profitability?
Palomar Holdings, Inc. generated $980.3M in trailing twelve-month revenue with net income of $190.7M, representing a net margin of 19.5%, with free cash flow of $368.9M. These figures are based on the Q1 2026 filing.
Who are Palomar Holdings, Inc.'s competitors?
Palomar Holdings, Inc.'s key competitors include Everest Group, Ltd., The Travelers Companies, Inc., Chubb Limited, and others. These companies compete in similar markets and product categories.
Who does Palomar Holdings, Inc. partner with?
Palomar Holdings, Inc.'s notable partners include A.M. Best Company.
What subsidiaries does Palomar Holdings, Inc. have?
Palomar Holdings, Inc.'s subsidiaries include Palomar Specialty Insurance Company, Palomar Excess and Surplus Insurance Company, First Indemnity of America Insurance Co., and others.
Where is Palomar Holdings, Inc. headquartered?
Palomar Holdings, Inc. is headquartered in United States of America and employs approximately 213 people. It has been publicly traded since 2019.