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Palomar Holdings, Inc. (PLMR) Stock Fundamental Analysis & AI Rating 2026

PLMR Nasdaq Fire, Marine & Casualty Insurance DE CIK: 0001761312
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
STRONG BUY
87% Conf
Pending
Analysis scheduled

📊 PLMR Key Takeaways

Revenue: $876.0M
Net Margin: 22.5%
Free Cash Flow: $409.0M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $7.17
AI Rating: STRONG BUY with 87% confidence
Palomar Holdings, Inc. (PLMR) receives a STRONG BUY rating with 87% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $876.0M, net profit margin of 22.5%, and return on equity (ROE) of 20.9%, Palomar Holdings, Inc. demonstrates strong fundamentals in the Finance sector. Below is our complete PLMR stock analysis for 2026.

Is Palomar Holdings, Inc. (PLMR) a Good Investment?

Claude

Palomar demonstrates exceptional financial fundamentals with 58% YoY revenue growth and 60% EPS growth, coupled with industry-leading profitability metrics (28.9% operating margin, 22.5% net margin, 20.9% ROE). The zero-debt capital structure and exceptional $409M free cash flow (46.7% FCF margin) provide a fortress balance sheet with substantial financial flexibility.

Why Buy Palomar Holdings, Inc. Stock? PLMR Key Strengths

Claude
  • + Exceptional revenue growth of 58.2% YoY with proportional earnings growth of 60% EPS
  • + Outstanding profitability metrics: 28.9% operating margin, 22.5% net margin, 20.9% ROE
  • + Zero long-term debt capital structure with fortress balance sheet providing financial flexibility
  • + Exceptional cash generation: $409M operating free cash flow with 46.7% FCF margin
  • + Superior capital efficiency with 6.5% ROA demonstrating effective asset utilization

PLMR Stock Risks: Palomar Holdings, Inc. Investment Risks

Claude
  • ! Insurance industry inherent cyclicality and catastrophic loss exposure in fire, marine & casualty segments
  • ! Rapid 58% growth rate unsustainable long-term, creating normalization risk for future expectations
  • ! Concentrated specialty insurance focus limits product and geographic diversification
  • ! Zero debt may constrain financial flexibility for strategic acquisitions or M&A opportunities
  • ! Underwriting margin sustainability dependent on claims frequency, severity, and competitive pricing pressures

Key Metrics to Watch

Claude
  • * Combined loss ratio and underwriting profitability trends
  • * Premium growth rate sustainability and market share dynamics
  • * Catastrophic loss frequency and reinsurance program adequacy
  • * Return on equity trend and capital allocation efficiency
  • * Free cash flow conversion and shareholder capital return policies

Palomar Holdings, Inc. (PLMR) Financial Metrics & Key Ratios

Revenue
$876.0M
Net Income
$197.1M
EPS (Diluted)
$7.17
Free Cash Flow
$409.0M
Total Assets
$3.1B
Cash Position
$106.9M

💡 AI Analyst Insight

The 46.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

PLMR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 28.9%
Net Margin 22.5%
ROE 20.9%
ROA 6.5%
FCF Margin 46.7%

PLMR vs Finance Sector: How Palomar Holdings, Inc. Compares

How Palomar Holdings, Inc. compares to Finance sector averages

Net Margin
PLMR 22.5%
vs
Sector Avg 25.0%
PLMR Sector
ROE
PLMR 20.9%
vs
Sector Avg 12.0%
PLMR Sector
Current Ratio
PLMR 0.0x
vs
Sector Avg 1.2x
PLMR Sector
Debt/Equity
PLMR 0.0x
vs
Sector Avg 2.0x
PLMR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Palomar Holdings, Inc. Stock Overvalued? PLMR Valuation Analysis 2026

Based on fundamental analysis, Palomar Holdings, Inc. appears fundamentally strong relative to the Finance sector in 2026.

Return on Equity
20.9%
Sector avg: 12%
Net Profit Margin
22.5%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Palomar Holdings, Inc. Balance Sheet: PLMR Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
69.1%
Interest Coverage
646.40x
Long-term Debt
N/A

PLMR Revenue & Earnings Growth: 5-Year Financial Trend

PLMR 5-year financial data: Year 2021: Revenue $247.8M, Net Income $10.6M, EPS $0.49. Year 2022: Revenue $327.1M, Net Income $6.3M, EPS $0.24. Year 2023: Revenue $375.9M, Net Income $45.8M, EPS $1.76. Year 2024: Revenue $553.9M, Net Income $52.2M, EPS $2.02. Year 2025: Revenue $876.0M, Net Income $79.2M, EPS $3.13.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Palomar Holdings, Inc.'s revenue has grown significantly by 254% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.13 reflects profitable operations.

PLMR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
46.7%
Free cash flow / Revenue

PLMR Quarterly Earnings & Performance

Quarterly financial performance data for Palomar Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $148.5M $25.7M $1.15
Q2 2025 $131.1M $25.7M $1.00
Q1 2025 $118.5M $26.4M $1.04
Q3 2024 $90.9M $17.3M $0.73
Q2 2024 $90.4M $17.6M $0.69
Q1 2024 $89.2M $17.3M $0.68
Q3 2023 $80.7M $4.3M $0.17
Q2 2023 $79.7M $14.6M $0.57

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Palomar Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$409.1M
Cash generated from operations
Stock Buybacks
$37.3M
Shares repurchased (TTM)
Capital Expenditures
$137.0K
Investment in assets
Dividends
None
No dividend program

PLMR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Palomar Holdings, Inc. (CIK: 0001761312)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 DEF 14A i26118_plmr-def14a.htm View →
Apr 8, 2026 4 xslF345X06/marketforms-72905.xml View →
Mar 25, 2026 4 xslF345X06/marketforms-72731.xml View →
Feb 24, 2026 10-K plmr-20251231.htm View →
Feb 23, 2026 8-K plmr-20260223.htm View →

Frequently Asked Questions about PLMR

What is the AI rating for PLMR?

Palomar Holdings, Inc. (PLMR) has an AI rating of STRONG BUY with 87% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PLMR's key strengths?

Claude: Exceptional revenue growth of 58.2% YoY with proportional earnings growth of 60% EPS. Outstanding profitability metrics: 28.9% operating margin, 22.5% net margin, 20.9% ROE.

What are the risks of investing in PLMR?

Claude: Insurance industry inherent cyclicality and catastrophic loss exposure in fire, marine & casualty segments. Rapid 58% growth rate unsustainable long-term, creating normalization risk for future expectations.

What is PLMR's revenue and growth?

Palomar Holdings, Inc. reported revenue of $876.0M.

Does PLMR pay dividends?

Palomar Holdings, Inc. does not currently pay dividends.

Where can I find PLMR SEC filings?

Official SEC filings for Palomar Holdings, Inc. (CIK: 0001761312) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PLMR's EPS?

Palomar Holdings, Inc. has a diluted EPS of $7.17.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PLMR a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Palomar Holdings, Inc. has a STRONG BUY rating with 87% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PLMR stock overvalued or undervalued?

Valuation metrics for PLMR: ROE of 20.9% (sector avg: 12%), net margin of 22.5% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy PLMR stock in 2026?

Our dual AI analysis gives Palomar Holdings, Inc. a combined STRONG BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PLMR's free cash flow?

Palomar Holdings, Inc.'s operating cash flow is $409.1M, with capital expenditures of $137.0K. FCF margin is 46.7%.

How does PLMR compare to other Finance stocks?

Vs Finance sector averages: Net margin 22.5% (avg: 25%), ROE 20.9% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI