Palomar profit margin PLMR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- 18.6%
- Net margin on a year earlier
- −4.1 pts
- Peer median
- 18.0%
Over the twelve months to Jun 30, 2026, Palomar kept 18.6% of its revenue as net profit.
Five years earlier its net margin was 5.9%.
The median for 10 property and casualty insurers of a similar size is 18.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 22.5% |
| FY2024 | 21.2% |
| FY2023 | 21.1% |
| FY2022 | 16.0% |
| FY2021 | 18.5% |
| FY2020 | 3.7% |
| FY2019 | 9.4% |
| FY2018 | 25.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 18.6% | −4.1 pts | |
| Q1 FY26 | 20.1% | −1.9 pts | |
| Q4 FY25 | 22.5% | +1.3 pts | |
| Q3 FY25 | 22.6% | +1.0 pts | |
| Q2 FY25 | 22.7% | +1.1 pts | |
| Q1 FY25 | 22.0% | +0.2 pts | |
| Q4 FY24 | 21.2% | +0.2 pts | |
| Q3 FY24 | 21.5% | +1.5 pts | |
| Q2 FY24 | 21.6% | +5.0 pts | |
| Q1 FY24 | 21.8% | +5.5 pts | |
| Q4 FY23 | 21.1% | +5.1 pts | |
| Q3 FY23 | 20.1% | +4.0 pts |
Against its peers
Companies in Insurance - Property & Casualty nearest Palomar's size, closest first, today.
| Company | Profit margin |
|---|---|
| PLMRPalomar | 18.6% |
| SLDESlide Insurance | 40.0% |
| SPNTSiriusPoint | 15.6% |
| SKWDSkyward Specialty Insurance | 10.8% |
| WTMWhite Mountains Insurance | 29.3% |
| HCIHCI | 32.6% |
| MCYMercury General | 14.8% |
| SIGISelective Insurance | 9.4% |
| HGHamilton Insurance | 28.8% |
| RLIRLI | 20.3% |
| HMNHorace Mann Educators | 10.2% |
| Peer median | 18.0% |
Where Palomar ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Palomar
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.