Superworth

Palomar PLMR

Insurance - Property & Casualty, Financial Services
$141.78
−1.90%
Market cap
$3.7B
PE
19.1×
7y median 27.5×
Forward PE
n/m
not a meaningful number
Price to sales
3.4×
Revenue, 12 months
$1.1B
+60% on a year ago
Net margin
18.6%

Palomar trades at 19.1× trailing earnings, cheaper than 90% of the last ten years. Revenue was $1.1B over the last twelve months, up 60% on a year earlier with a 19% net margin.

Charts

Financials

Income statement for PLMR, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$90.9M+13%$105.4M+19%$118.5M+33%$131.1M+45%$148.5M+63%$155.8M+48%$174.6M+47%$203.3M+55%$244.7M+65%$253.4M+63%$278.9M+60%$314.4M+55%
Interest expense$867K+221%$823K+107%$740K−28%$225K−79%$87K−90%$86K−90%$85K−89%$86K−62%$133K+53%$88K+2%$3.2M+3615%$4.9M+5652%
Pre-tax income$24.5M+372%$33.5M+34%$34.4M+52%$33.4M+45%$38.5M+57%$45M+34%$53.7M+56%$59.9M+79%$67.1M+74%$72.7M+62%$53.5M−1%$69.8M+17%
$6.1M+569%$7.6M+22%$8M+50%$7.6M+40%$8M+31%$10M+32%$10.8M+35%$13.4M+75%$15.7M+96%$16.5M+65%$10.5M−3%$17.2M+29%
Net income$18.4M+330%$25.9M+38%$26.4M+52%$25.7M+47%$30.5M+66%$35M+35%$42.9M+63%$46.5M+81%$51.5M+69%$56.2M+61%$42.9M+0%$52.6M+13%
$0.73+329%$1.02+40%$1.04+53%$1.00+45%$1.15+58%$1.28+26%$1.57+51%$1.68+68%$1.87+63%$2.05+60%$1.57+0%$1.94+16%
25.2M−2%25.3M−2%25.5M+0%25.6M+1%26.5M+5%27.3M+8%27.4M+8%27.6M+8%27.4M+4%27.3M+0%27.3M−0%27.1M−2%

EPS, diluted: 6 periods, Q4 FY18 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 6 periods, Q4 FY18 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY19: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Insurance - Property & Casualty nearest Palomar's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
PLMRPalomar$3.7B19.1×27.5×3.4×+60%18.6%
SLDESlide Insurance$3.3B7.0×5.2×2.4×+41%40.0%
SPNTSiriusPoint$3B6.5×9.0×0.9×+23%15.6%
SKWDSkyward Specialty Insurance$2.7B14.1×14.6×1.5×+38%10.8%
WTMWhite Mountains Insurance$5.3B5.1×8.3×1.4×+55%29.3%
HCIHCI$2.5B8.8×15.6×2.7×+23%32.6%
MCYMercury General$5.7B6.1×12.8×0.9×+10%14.8%
SIGISelective Insurance$5.7B11.6×18.3×1.0×+4%9.4%
HGHamilton Insurance$2.4B5.9×5.4×0.8×+15%28.8%
RLIRLI$5.9B15.1×21.6×3.1×+5%20.3%
HMNHorace Mann Educators$1.9B10.8×14.1×1.1×+6%10.2%
Peer median$3.2B7.9×13.4×1.2×+19%18.0%

More on Palomar

Each number over time

Where it ranks

Its groups

About

Industry
Insurance - Property & Casualty
Sector
Financial Services

Valuation data, not investment advice. Prices as of .