Is Palomar Holdings (PLMR) overvalued or fairly valued?

MarketChacha shows Palomar Holdings's valuation in context — a trailing P/E of about 19.3, a forward P/E of about 12.0, a price-to-book of about 3.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Palomar Holdings's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.00×) from reported figures — education, not a rating.

What is Palomar Holdings's revenue?

Palomar Holdings reported revenue of $876.0M for FY2025, with net profit of $197.1M, per official filings.

What is the share price of Palomar Holdings (PLMR)?

Palomar Holdings last traded at $136.58 (+0.3% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Palomar Holdings

PLMR · NYSE · Financials · United States

Snapshot

TickerPLMR

ExchangeNYSE

SectorFinancials

IndustryInsurance - Property & Casualty

CountryUnited States

Employees439

HeadquartersLa Jolla, United States

Websiteplmr.com

Filings tracked16

About Palomar Holdings

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.

Who owns it

Insiders2.7%
Institutions97.3%
Public & other0.0%

477 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.73%
Vanguard Portfolio Management LLC4.69%
Vanguard Capital Management LLC4.53%
State Street Corporation4.27%
Jupiter Topco LLC3.97%
American Century Companies Inc2.92%
Stephens Investment Management Group LLC2.78%
Geode Capital Management, LLC2.72%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.00×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend21.1% → 22.5%

Margin has expanded by about 1.4 points — the business is getting more profitable.

Return on equity20.9%

Latest ROE of 20.9% — capital is generating a healthy return.

Growth qualityrev 53% · PAT 58%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $321.3M · EPS 2.84

Est. earnings growth +26.8%

Next fiscal year

Rev $1.5B · EPS 11.37

Est. earnings growth +12.5%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$876.0M

Net margin

22.5%

ROE

20.9%

Revenue CAGR (2y)

+52.6%

Profit CAGR (2y)

+57.7%

EPS (FY2025)

7.17

Net profit (FY2025)

$197.1M

Ask MarketChacha about PLMR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$876.0M	$197.1M	7.17	22.5%	20.9%
FY2024	$553.9M	$117.6M	4.48	21.2%	16.1%
FY2023	$375.9M	$79.2M	3.13	21.1%	16.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$314.4M	$52.6M	1.94	16.7%
2026Q1	$278.9M	$42.9M	1.57	15.4%
2025Q3	$244.7M	$51.5M	1.87	21.0%
2025Q2	$203.3M	$46.5M	1.68	22.9%
2025Q1	$174.6M	$42.9M	1.57	24.6%
2024Q3	$148.5M	$30.5M	1.15	20.5%
2024Q2	$131.1M	$25.7M	1.00	19.6%
2024Q1	$118.5M	$26.4M	1.04	22.3%
2023Q3	$90.9M	$18.4M	0.73	20.3%
2023Q2	$90.4M	$17.6M	0.69	19.4%
2023Q1	$89.2M	$17.3M	0.68	19.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC8/11/2026material
10-Q filing
SEC8/5/2026
8-K — Results of operations, Other events
SEC8/4/2026material
8-K — Reg FD disclosure, Other events, Exhibits
SEC5/29/2026material
8-K — Executive/director change, Shareholder vote results, Reg FD disclosure
SEC5/26/2026material
10-Q filing
SEC5/8/2026
8-K — Results of operations, Other events
SEC5/6/2026material
10-K filing
SEC2/24/2026
8-K — Reg FD disclosure, Exhibits
SEC2/23/2026material
8-K — Results of operations, Exhibits
SEC2/11/2026material
8-K — Material agreement, Completion of acquisition/disposition, Material financial obligation, Reg FD disclosure, Exhibits
SEC2/2/2026material

2025

10-Q filing
SEC11/7/2025
8-K — Results of operations, Exhibits
SEC11/6/2025material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC10/30/2025material
10-Q filing
SEC8/5/2025
8-K — Results of operations, Other events, Exhibits
SEC8/4/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.