PLMR
Palomar Holdings Inc
NASDAQ: PLMR · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$124.00
-2.45% today
Updated 2026-04-29
Market cap
$3.29B
P/E ratio
17.29
P/S ratio
3.75x
EPS (TTM)
$7.17
Dividend yield
—
52W range
$108 – $176
Volume
0.2M
Palomar Holdings Inc (PLMR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.70M | $59.47M | $72.97M | $113.30M | $168.46M | $247.79M | $327.09M | $375.93M | $553.86M | $875.97M |
| Revenue growth (YoY) | — | +39.3% | +22.7% | +55.3% | +48.7% | +47.1% | +32.0% | +14.9% | +47.3% | +58.2% |
| Cost of revenue | $24.63M | $37.65M | $34.50M | $42.85M | $128.16M | $136.89M | $189.44M | $180.34M | $284.42M | $228.59M |
| Gross profit | $18.06M | $21.82M | $38.47M | $70.44M | $40.31M | $110.90M | $137.64M | $195.59M | $269.45M | $647.37M |
| Gross margin | 42.3% | 36.7% | 52.7% | 62.2% | 23.9% | 44.8% | 42.1% | 52.0% | 48.6% | 73.9% |
| R&D | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | — | — | — | — | — | — |
| Operating income | $6.28M | $4.93M | $18.21M | $18.08M | $6.22M | $57.14M | $67.55M | $103.64M | $151.20M | $253.39M |
| Operating margin | 14.7% | 8.3% | 25.0% | 16.0% | 3.7% | 23.1% | 20.7% | 27.6% | 27.3% | 28.9% |
| EBITDA | $8.00M | $6.83M | $20.73M | $19.36M | $7.56M | $60.72M | $72.54M | $111.92M | $157.44M | $262.65M |
| EBITDA margin | 18.7% | 11.5% | 28.4% | 17.1% | 4.5% | 24.5% | 22.2% | 29.8% | 28.4% | 30.0% |
| EBIT | $7.91M | $6.67M | $20.52M | $19.14M | $6.22M | $57.18M | $68.42M | $107.42M | $152.33M | $253.78M |
| Interest expense | $1.63M | $1.75M | $2.30M | $1.07M | $0.00 | $40000.00 | $873000.00 | $3.77M | $1.14M | $392000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $6.61M | $3.78M | $18.22M | $10.62M | $6.26M | $45.85M | $52.17M | $79.20M | $117.57M | $197.07M |
| Net income growth (YoY) | — | -42.8% | +381.6% | -41.7% | -41.1% | +632.7% | +13.8% | +51.8% | +48.4% | +67.6% |
| Profit margin | 15.5% | 6.4% | 25.0% | 9.4% | 3.7% | 18.5% | 15.9% | 21.1% | 21.2% | 22.5% |