← Back to All US Stocks

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

PLMR Nasdaq Fire, Marine & Casualty Insurance DE CIK: 0001761312
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
72% Confidence
N/A
A
72% Conf
Pending
Analysis scheduled

📊 PLMR Key Takeaways

Revenue: $278.9M
Net Margin: 15.4%
Free Cash Flow: $47.0M
Current Ratio: N/A
Debt/Equity: 0.31x
EPS: $1.57
AI Grade: A with 72% confidence
Palomar Holdings, Inc. (PLMR) receives a A fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $278.9M, net profit margin of 15.4%, and return on equity (ROE) of 4.5%, 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 Holdings demonstrates exceptional fundamental growth with 58.2% revenue expansion and 60% EPS growth, supported by healthy 19.2% operating margins and strong free cash flow generation. However, the critically low ROE of 4.5% and ROA of 1.2% raise serious concerns about capital efficiency and long-term shareholder value creation despite impressive near-term growth momentum.

Palomar Holdings, Inc. Key Strengths (PLMR)

Claude
  • + Exceptional revenue growth of 58.2% YoY with correlating 60% EPS growth indicates strong business momentum and earnings quality
  • + Healthy operating margin of 19.2% and net margin of 15.4% demonstrate operational efficiency and disciplined underwriting
  • + Strong free cash flow generation of $47M (16.9% FCF margin) with zero capital expenditure requirements typical of insurance operations
  • + Conservative leverage with 0.31x debt-to-equity ratio and exceptional interest coverage of 16.9x provides financial stability
  • + Positive insider activity with 9 Form 4 filings in 90 days suggests management confidence in fundamentals

PLMR Stock Risks: Palomar Holdings, Inc. Investment Risks

Claude
  • ! Critically low ROE of 4.5% and ROA of 1.2% indicate poor capital efficiency and question sustainability of shareholder value creation
  • ! Limited cash position of $56.5M relative to $3.6B total assets raises concerns about liquidity flexibility and claims-handling capacity
  • ! Insurance sector inherent risks including catastrophic loss exposure, competitive underwriting margin compression, and regulatory changes
  • ! Heavy liability structure ($2.7B liabilities vs $959M equity) typical for insurers but creates acute sensitivity to claims deterioration and reserve adequacy

Key Metrics to Watch

Claude
  • * Return on Equity trajectory - critical indicator of whether ROE improves with operational scale or continues to deteriorate
  • * Combined ratio and loss ratio trends - direct measures of underwriting quality and profitability sustainability
  • * Premium growth rate sustainability - verify 58% growth is maintainable or if growth rates normalize
  • * Cash and liquidity position - monitor for adequate reserves to handle catastrophic claims and operational volatility
  • * Insider buying activity - track if insiders continue accumulating shares as confidence indicator

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

Revenue
$278.9M
Net Income
$42.9M
EPS (Diluted)
$1.57
Free Cash Flow
$47.0M
Total Assets
$3.6B
Cash Position
$56.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

PLMR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 19.2%
Net Margin 15.4%
ROE 4.5%
ROA 1.2%
FCF Margin 16.9%

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

How Palomar Holdings, Inc. compares to Finance sector averages

Net Margin
PLMR 15.4%
vs
Sector Avg 25.0%
PLMR Sector
ROE
PLMR 4.5%
vs
Sector Avg 12.0%
PLMR Sector
Current Ratio
PLMR 0.0x
vs
Sector Avg 1.2x
PLMR Sector
Debt/Equity
PLMR 0.3x
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. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
4.5%
Sector avg: 12%
Net Profit Margin
15.4%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.31x
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
0.31x
Debt/Assets
73.5%
Interest Coverage
16.93x
Long-term Debt
$297.4M

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
16.9%
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
Q1 2026 $174.6M $42.9M $1.57
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

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
$47.0M
Cash generated from operations
Stock Buybacks
$23.1M
Shares repurchased (TTM)
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
May 29, 2026 8-K plmr-20260529.htm View →
May 26, 2026 4 xslF345X06/marketforms-73261.xml View →
May 26, 2026 4 xslF345X06/marketforms-73260.xml View →
May 26, 2026 4 xslF345X06/marketforms-73259.xml View →
May 26, 2026 4 xslF345X06/marketforms-73258.xml View →

Frequently Asked Questions about PLMR

What is the AI rating for PLMR?

Palomar Holdings, Inc. (PLMR) has an AI grade of A with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PLMR's key strengths?

Claude: Exceptional revenue growth of 58.2% YoY with correlating 60% EPS growth indicates strong business momentum and earnings quality. Healthy operating margin of 19.2% and net margin of 15.4% demonstrate operational efficiency and disciplined underwriting.

What are the risks of investing in PLMR?

Claude: Critically low ROE of 4.5% and ROA of 1.2% indicate poor capital efficiency and question sustainability of shareholder value creation. Limited cash position of $56.5M relative to $3.6B total assets raises concerns about liquidity flexibility and claims-handling capacity.

What is PLMR's revenue and growth?

Palomar Holdings, Inc. reported revenue of $278.9M.

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 $1.57.

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 grade reflects both perspectives for balanced insights.

What is PLMR's fundamental grade?

Based on our AI fundamental analysis in May 2026, Palomar Holdings, Inc. has a A grade with 72% 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 4.5% (sector avg: 12%), net margin of 15.4% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

What is PLMR's AI grade for 2026?

Our dual AI analysis gives Palomar Holdings, Inc. a combined A grade 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 $47.0M, with capital expenditures of $0.0. FCF margin is 16.9%.

How does PLMR compare to other Finance stocks?

Vs Finance sector averages: Net margin 15.4% (avg: 25%), ROE 4.5% (avg: 12%), current ratio N/A (avg: 1.2).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% DECK 87% NVDA 87%
Sector: All Finance Stocks →
Browse: Above Average Stocks
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: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI