Palomar Financial Statements From 2010 to 2026

PLMR Stock  USD 120.75  0.14  0.12%   
Palomar Holdings' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Palomar Holdings' valuation are provided below:
Gross Profit
253.8 M
Profit Margin
0.225
Market Capitalization
3.2 B
Enterprise Value Revenue
4.3082
Revenue
876 M
There are over one hundred nineteen available trending fundamental ratios for Palomar Holdings, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to check out Palomar Holdings' recent fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 02/24/2026, Market Cap is likely to grow to about 3.4 B. Also, Enterprise Value is likely to grow to about 3.3 B

Palomar Holdings Total Revenue

919.77 Million

Check Palomar Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Palomar Holdings' main balance sheet or income statement drivers, such as Tax Provision of 40.6 M, Interest Income of 44.1 M or Depreciation And Amortization of 6.2 M, as well as many indicators such as Price To Sales Ratio of 7.08, Dividend Yield of 0.0038 or PTB Ratio of 4.61. Palomar financial statements analysis is a perfect complement when working with Palomar Holdings Valuation or Volatility modules.
  
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Palomar Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.3 B2.2 B783.5 M
Slightly volatile
Short and Long Term Debt Total36.9 M60.5 M28 M
Slightly volatile
Total Current Liabilities361.6 M344.4 M105.6 M
Slightly volatile
Total Stockholder Equity989.8 M942.7 M304.4 M
Slightly volatile
Net Tangible Assets247.8 M433 M202.6 M
Slightly volatile
Property Plant And Equipment Net2.7 M2.6 M997.6 K
Slightly volatile
Retained Earnings443.1 M422 M90.3 M
Slightly volatile
Accounts Payable314.2 M299.3 M88.6 M
Slightly volatile
Cash112.2 M106.9 M36.8 M
Slightly volatile
Non Current Assets Total1.7 B1.7 B561 M
Slightly volatile
Long Term Debt56.8 M54.1 M25.1 M
Slightly volatile
Cash And Short Term Investments101.5 M106.9 M206.8 M
Slightly volatile
Net Receivables282.4 M452.9 M171.6 M
Slightly volatile
Common Stock Shares Outstanding27.1 M27.5 M24.1 M
Slightly volatile
Long Term Debt Total56.8 M54.1 M25.2 M
Slightly volatile
Liabilities And Stockholders Equity3.2 B3.1 B860.2 M
Slightly volatile
Non Current Liabilities Total1.3 B1.3 B381.1 M
Slightly volatile
Capital Surpluse211.9 M383.6 M177.8 M
Slightly volatile
Other Stockholder Equity298.7 M523.2 M201.5 M
Slightly volatile
Total Liabilities693.9 M1.3 B417.9 M
Slightly volatile
Long Term Investments1.2 B1.1 B390.6 M
Slightly volatile
Total Current Assets389.9 M559.8 M234.9 M
Slightly volatile
Intangible Assets7.4 M10.9 M8.7 M
Pretty Stable
Property Plant Equipment618.1 K542.7 K782 K
Slightly volatile
Other Liabilities64.6 M61.6 M21.1 M
Slightly volatile
Common Stock Total Equity2.8 K3.5 K2.4 K
Slightly volatile
Short Term Investments398.9 M541 M267.9 M
Slightly volatile
Net Invested Capital880.3 M838.4 M308.4 M
Slightly volatile
Property Plant And Equipment Gross671.6 K665.1 K790.6 K
Slightly volatile
Common Stock2.9 K3.5 K2.4 K
Slightly volatile
Deferred Long Term Liabilities3.8 M4.5 M2.6 M
Slightly volatile
Capital StockK3.5 K2.4 K
Slightly volatile
Retained Earnings Total Equity72.5 M100.9 M55.6 M
Slightly volatile
Non Current Liabilities Other615.7 M976.2 M489.2 M
Slightly volatile
Short Term Debt1.1 M1.2 M6.1 M
Slightly volatile

Palomar Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income44.1 M42 M11.9 M
Slightly volatile
Depreciation And Amortization6.2 M5.9 M1.9 M
Slightly volatile
Total Revenue919.8 M876 M236.1 M
Slightly volatile
Gross Profit679.7 M647.4 M137.5 M
Slightly volatile
Other Operating Expenses653.7 M622.6 M177.8 M
Slightly volatile
Operating Income266.1 M253.4 M58.3 M
Slightly volatile
Net Income From Continuing Ops142 M135.2 M38.2 M
Slightly volatile
EBIT183.9 M175.2 M50.1 M
Slightly volatile
EBITDA266.5 M253.8 M60.8 M
Slightly volatile
Cost Of Revenue141.6 M228.6 M92.8 M
Slightly volatile
Total Operating Expenses413.7 M394 M79.3 M
Slightly volatile
Income Before Tax266.1 M253.4 M58.3 M
Slightly volatile
Net Income Applicable To Common Shares63 M60 M24.1 M
Slightly volatile
Net Income206.9 M197.1 M46.1 M
Slightly volatile
Reconciled Depreciation6.2 M5.9 M1.9 M
Slightly volatile

Palomar Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow315.1 M300.1 M86.3 M
Slightly volatile
Change In Working Capital151.2 M144 M41.2 M
Slightly volatile
Begin Period Cash Flow33.5 M59.6 M23.5 M
Slightly volatile
Depreciation6.2 M5.9 M1.9 M
Slightly volatile
Capital Expenditures265.5 K279.4 K1.9 M
Slightly volatile
Total Cash From Operating Activities315.3 M300.3 M88.2 M
Slightly volatile
Net Income142 M135.2 M38.7 M
Slightly volatile
End Period Cash Flow97.3 M92.6 M35.1 M
Slightly volatile
Change To Netincome18.9 M18 M6.9 M
Slightly volatile
Change To Liabilities363.1 M345.9 M117.3 M
Slightly volatile
Stock Based Compensation13.8 M19.2 M19.1 M
Slightly volatile
Cash And Cash Equivalents Changes12.8 M20.5 M6.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.084.09836.8738
Slightly volatile
Dividend Yield0.00380.00420.0046
Slightly volatile
PTB Ratio4.613.80834.2949
Slightly volatile
Days Sales Outstanding262189256
Slightly volatile
Book Value Per Share37.1635.385813.9395
Slightly volatile
Free Cash Flow Yield0.05230.08710.0591
Slightly volatile
Operating Cash Flow Per Share9.679.213.3384
Slightly volatile
Stock Based Compensation To Revenue0.06480.03460.1393
Slightly volatile
Capex To Depreciation0.0520.05475.558
Slightly volatile
PB Ratio4.613.80834.2949
Slightly volatile
EV To Sales7.023.97636.8917
Slightly volatile
Free Cash Flow Per Share9.669.23.2551
Slightly volatile
ROIC0.07570.07970.2954
Slightly volatile
Net Income Per Share7.777.39761.8428
Slightly volatile
Payables Turnover2.071.262.4199
Slightly volatile
Capex To Revenue5.0E-45.0E-40.0153
Slightly volatile
Cash Per Share3.814.01258.5221
Slightly volatile
POCF Ratio20.8211.8719.1433
Slightly volatile
Interest Coverage679646263
Slightly volatile
Payout Ratio0.380.430.473
Slightly volatile
Capex To Operating Cash Flow0.0010.00110.0419
Slightly volatile
PFCF Ratio21.9211.8820.1716
Slightly volatile
Days Payables Outstanding193301189
Slightly volatile
Income Quality3.712.552.9971
Pretty Stable
ROE0.220.20910.1151
Slightly volatile
EV To Operating Cash Flow20.6611.5119.1976
Slightly volatile
PE Ratio17.3118.216761.2114
Very volatile
Return On Tangible Assets0.09560.0910.0504
Slightly volatile
EV To Free Cash Flow21.7511.5220.2282
Slightly volatile
Earnings Yield0.05760.05490.0292
Slightly volatile
Intangibles To Total Assets0.01760.02740.0382
Slightly volatile
Current Ratio11.6412.2627.5299
Very volatile
Tangible Book Value Per Share34.7533.093913.2522
Slightly volatile
Receivables Turnover1.451.93411.6475
Slightly volatile
Graham Number80.5876.745122.1354
Slightly volatile
Shareholders Equity Per Share37.1635.385812.6061
Slightly volatile
Debt To Equity0.190.130.1749
Slightly volatile
Capex Per Share0.00810.00860.0831
Pretty Stable
Revenue Per Share34.5332.8829.6033
Slightly volatile
Interest Debt Per Share0.0140.01470.7986
Slightly volatile
Debt To Assets0.03360.03540.0726
Slightly volatile
Enterprise Value Over EBITDA13.0413.724746.957
Very volatile
Short Term Coverage Ratios3.772.544.1935
Slightly volatile
Price Earnings Ratio17.3118.216761.2114
Very volatile
Price Book Value Ratio4.613.80834.2949
Slightly volatile
Days Of Payables Outstanding193301189
Slightly volatile
Dividend Payout Ratio0.380.430.473
Slightly volatile
Price To Operating Cash Flows Ratio20.8211.8719.1433
Slightly volatile
Price To Free Cash Flows Ratio21.9211.8820.1716
Slightly volatile
Pretax Profit Margin0.160.28930.1761
Slightly volatile
Operating Profit Margin0.160.28930.1761
Slightly volatile
Company Equity Multiplier2.052.36182.3253
Slightly volatile
Long Term Debt To Capitalization0.20.1730.1829
Pretty Stable
Total Debt To Capitalization0.170.120.1475
Slightly volatile
Return On Capital Employed0.120.11380.0558
Slightly volatile
Debt Equity Ratio0.190.130.1749
Slightly volatile
Ebit Per Revenue0.160.28930.1761
Slightly volatile
Quick Ratio11.6412.2633.3745
Very volatile
Dividend Paid And Capex Coverage RatioK967214
Slightly volatile
Net Income Per E B T0.910.77770.9142
Slightly volatile
Cash Ratio0.670.72.5076
Very volatile
Operating Cash Flow Sales Ratio0.30.420.371
Pretty Stable
Days Of Sales Outstanding262189256
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.770.90.9388
Slightly volatile
Cash Flow Coverage Ratios1.631.992.0928
Slightly volatile
Price To Book Ratio4.613.80834.2949
Slightly volatile
Fixed Asset Turnover337343284
Slightly volatile
Capital Expenditure Coverage RatioK967214
Slightly volatile
Price Cash Flow Ratio20.8211.8719.1433
Slightly volatile
Enterprise Value Multiple13.0413.724746.957
Very volatile
Debt Ratio0.03360.03540.0726
Slightly volatile
Cash Flow To Debt Ratio1.631.992.0928
Slightly volatile
Price Sales Ratio7.084.09836.8738
Slightly volatile
Return On Assets0.09290.08850.0484
Slightly volatile
Asset Turnover0.310.39350.2879
Very volatile
Net Profit Margin0.130.2250.1559
Pretty Stable
Gross Profit Margin0.380.7390.4536
Slightly volatile
Price Fair Value4.613.80834.2949
Slightly volatile
Return On Equity0.220.20910.1151
Slightly volatile

Palomar Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.4 B3.2 B1.3 B
Slightly volatile
Enterprise Value3.3 B3.1 B1.3 B
Slightly volatile

Palomar Fundamental Market Drivers

Palomar Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Palomar Holdings Financial Statements

Palomar Holdings shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Palomar Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Palomar Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Palomar Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue727.1 M763.4 M
Total Revenue876 M919.8 M
Cost Of Revenue228.6 M141.6 M
Stock Based Compensation To Revenue 0.03  0.06 
Revenue Per Share 32.88  34.53 
Ebit Per Revenue 0.29  0.16 

Pair Trading with Palomar Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Palomar Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Palomar Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Palomar Stock

  0.43FERA Fifth Era AcquisitionPairCorr
  0.36FAF First AmericanPairCorr
The ability to find closely correlated positions to Palomar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palomar Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Palomar Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Palomar Holdings to buy it.
The correlation of Palomar Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Palomar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palomar Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Palomar Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Palomar Stock Analysis

When running Palomar Holdings' price analysis, check to measure Palomar Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.