Tearsheet

Palomar (PLMR)

Market Price (11/8/2025): $127.67 | Market Cap: $3.4 Bil
Sector: Financials | Industry: Property & Casualty Insurance

Palomar (PLMR)

Market Price (11/8/2025): $127.67
Market Cap: $3.4 Bil
Sector: Financials
Industry: Property & Casualty Insurance

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18%	Weak multi-year price returns 3Y Excs Rtn is -29%
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 52%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 56%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 55%
3	Attractive yield FCF Yield is 11%
4	Low stock price volatility Vol 12M is 41%

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18%
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 52%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 56%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 55%
3	Attractive yield FCF Yield is 11%
4	Low stock price volatility Vol 12M is 41%
5	Weak multi-year price returns 3Y Excs Rtn is -29%

Market Valuation & Key Metrics

	11/8/25	2024	2023	2022	2021
Share Price CYE	$127.67	$105.59	$55.50	$45.16	$64.77
Market Cap CYE ($ Bil)	3.4	2.8	1.4	1.1	1.6
Total Debt ($ Bil)	0.0	0.0	0.1	0.0	0.0
Total Cash ($ Bil)	0.1	0.1	0.1	0.1	0.1
Enterprise Value ($ Bil)	3.3	2.8	1.5	1.1	1.6
Valuation Ratios
P/S TTM	5.0	4.9	3.7	3.5	6.7
P/EBIT TTM	17.3	17.7	12.8	16.7	28.8
P/E TTM	22.1	22.9	17.4	21.9	36.0
Sector Ratios
P/S TTM (Sector)	3.1	3.1	2.8	2.8	3.4
P/EBIT TTM (Sector)	6.5	6.9	7.0	6.7	6.8
P/E TTM (Sector)	11.9	11.5	10.1	9.3	9.9

	11/8/25	2024	2023
Share Price CYE	$127.67	$105.59	$55.50
Market Cap CYE ($ Bil)	3.4	2.8	1.4
Total Debt ($ Bil)	0.0	0.0	0.1
Total Cash ($ Bil)	0.1	0.1	0.1
Enterprise Value ($ Bil)	3.3	2.8	1.5
Valuation Ratios
P/S TTM	5.0	4.9	3.7
P/EBIT TTM	17.3	17.7	12.8
P/E TTM	22.1	22.9	17.4
Sector Ratios
P/S TTM (Sector)	3.1	3.1	2.8
P/EBIT TTM (Sector)	6.5	6.9	7.0
P/E TTM (Sector)	11.9	11.5	10.1

	PLMR	S&P 500
REVENUE GROWTH	VERY GOOD
Rev LTM ($ Bil)	0.7
Rev Chg Q	53.1%	7.2%
Rev Chg LTM	52.3%	6.0%
Rev Chg 3Y Avg	32.4%	5.5%
PROFITABILITY	GOOD
Op Inc LTM ($ Bil)	�
CFO LTM ($ Bil)	0.4
Net Inc LTM ($ Bil)	0.2
CFO/Rev LTM	56.1%	20.5%
Net Inc Mgn	22.8%	13.0%
VALUATION	MODERATE
P/S	5.0	3.2
P/CFO	9.0	15.2
P/FCF	9.2	20.0
P/E	22.1	23.6

AI Generated Analysis | Feedback

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PLMR Stock

Return (1M):

Factor Drivers of Stock Movement

The 6.4% change in PLMR stock from 8/8/2025 to 11/7/2025 was primarily driven by a 6.4% change in the company's P/E Multiple.

	8082025	11072025	Change
Stock Price ($)	120.38	128.06	6.38%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	679.65	679.65	0.00%
Net Income Margin (%)	22.79%	22.79%	0.00%
P/E Multiple	20.79	22.12	6.38%
Shares Outstanding (Mil)	26.76	26.76	0.00%
Cumulative Contribution			6.38%

LTM = Last Twelve Months as of date shown

The -19.9% change in PLMR stock from 5/9/2025 to 11/7/2025 was primarily driven by a -30.4% change in the company's P/E Multiple.

	5092025	11072025	Change
Stock Price ($)	159.93	128.06	-19.93%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	609.94	679.65	11.43%
Net Income Margin (%)	21.99%	22.79%	3.66%
P/E Multiple	31.79	22.12	-30.42%
Shares Outstanding (Mil)	26.66	26.76	-0.37%
Cumulative Contribution			-19.93%

LTM = Last Twelve Months as of date shown

The 33.7% change in PLMR stock from 11/7/2024 to 11/7/2025 was primarily driven by a 35.0% change in the company's Total Revenues ($ Mil).

	11072024	11072025	Change
Stock Price ($)	95.77	128.06	33.72%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	503.52	679.65	34.98%
Net Income Margin (%)	21.55%	22.79%	5.77%
P/E Multiple	22.74	22.12	-2.75%
Shares Outstanding (Mil)	25.77	26.76	-3.84%
Cumulative Contribution			33.52%

LTM = Last Twelve Months as of date shown

The 89.7% change in PLMR stock from 11/8/2022 to 11/7/2025 was primarily driven by a 118.1% change in the company's Total Revenues ($ Mil).

	11082022	11072025	Change
Stock Price ($)	67.50	128.06	89.72%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	311.63	679.65	118.09%
Net Income Margin (%)	16.06%	22.79%	41.93%
P/E Multiple	34.00	22.12	-34.95%
Shares Outstanding (Mil)	25.21	26.76	-6.14%
Cumulative Contribution			89.00%

LTM = Last Twelve Months as of date shown

Why The Stock Moved

AI Generated Analysis | Feedback

1. Disappointing Q2 2025 Underwriting Profitability: Palomar's second-quarter earnings report, released in early August 2025, indicated weaker underwriting profitability. The company's combined ratio of 78.8% missed analyst estimates, signifying higher payouts in claims and expenses relative to earned premiums. This news led to a notable 14.2% drop in the stock price following its announcement.

2. Multiple Analyst Price Target Reductions: Several financial analysts lowered their price targets for Palomar (PLMR) during the period. Piper Sandler, for instance, reduced its target from $177.00 to $151.00 on August 6th, while Evercore ISI lowered its target from $168.00 to $134.00 on October 1st. JPMorgan Chase & Co. also reduced its target price from $158.00 to $137.00 on October 9th. These downward revisions likely contributed to negative investor sentiment.

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
PLMR Return	76%	-27%	-30%	23%	90%	12%	133%
Peers Return	4%	27%	11%	16%	31%	5%	137%
S&P 500 Return	16%	27%	-19%	24%	23%	14%	108%
Monthly Win Rates [3]
PLMR Win Rate	67%	58%	50%	50%	58%	50%
Peers Win Rate	60%	57%	53%	62%	68%	58%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
PLMR Max Drawdown	-17%	-32%	-32%	0%	0%	-4%
Peers Max Drawdown	-39%	-6%	-11%	-14%	-1%	-7%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: HIG, FNF, PGR, CB, TRV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/7/2025 (YTD)

How Low Can It Go

Unique Key	Event	PLMR	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-60.6%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	154.0%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	778 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-44.7%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	80.9%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	1532 days	148 days

Compare to HIG, FNF, PGR, CB, TRV

In The Past

Palomar's stock fell -60.6% during the 2022 Inflation Shock from a high on 2/11/2021. A -60.6% loss requires a 154.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Palomar (PLMR)

Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.

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Better Bets than Palomar (PLMR)

	PLMR	Better Performance than PLMR
Metric	Value	Industry (Property & Casualty Insurance)
Rev Chg LTM	52.3%
Rev Chg 3Y Avg	32.4%	KNSL (32.4%), LMND (49.5%), WTM (42.6%), ROOT (84.4%), ACIC (187.9%)
CFO/Rev LTM	56.1%	KNSL (56.3%), HCI (62.6%), SLDE (64.1%), BOW (64.1%)
FCF/Rev LTM	54.8%	HCI (62.1%), SLDE (63.3%), BOW (63.2%)
Total Yield	4.5%	PGR (10.4%), CB (9.8%), TRV (10.1%), ALL (17.7%), HIG (11.4%)

	PLMR	Better Performance than PLMR
Metric	Value	Sector (Financials)
Rev Chg LTM	52.3%	HOOD (74.6%), TFC (55.5%), CG (133.3%), IREN (235.0%), NLY (473.5%)
Rev Chg 3Y Avg	32.4%	HOOD (47.5%), APO (129.8%), NU (70.1%), SOFI (33.4%), SLF (88.9%)
CFO/Rev LTM	56.1%	MA (56.1%), V (57.6%), BAC (57.3%), RY (135.4%), SCHW (82.3%)
FCF/Rev LTM	54.8%	BAC (57.3%), RY (131.7%), SCHW (79.4%), CME (63.8%), CM (57.6%)
Total Yield	4.5%	BRK-B (6.3%), JPM (6.7%), V (5.4%), BAC (7.5%), WFC (9.6%)

	PLMR	Better Performance than PLMR
Metric	Value	All Other Sectors
Rev Chg LTM	52.3%	NVDA (71.6%), APP (86.4%), ALNY (53.2%), OKE (58.4%), FANG (60.1%)
Rev Chg 3Y Avg	32.4%	NVDA (92.0%), APP (36.0%), CRWD (33.5%), MELI (39.5%), SNOW (36.3%)
CFO/Rev LTM	56.1%	META (56.8%), PLD (59.3%), SPG (65.3%), O (67.1%), PSA (67.3%)
FCF/Rev LTM	54.8%	PLD (59.3%), O (67.1%), PSA (61.2%), VICI (62.0%), EXR (56.0%)
Total Yield	4.5%	XOM (9.5%), JNJ (8.3%), BABA (37.9%), HD (6.4%), PG (4.9%)

		Best Bets In Financials Sector
	PLMR	CME	KNSL	MTG	NMIH	CACC	ENVA	FNF	TW	PLMR	ACGL
What You Pay
P/E	22.1	26.4	19.5	8.5	7.4	10.5	10.6	14.4	37.0	22.1	8.1
P/EBIT	17.4	19.8	15.2	6.5	5.5	8.3	8.2	9.2	25.0	17.4	7.1
What You Get
Rev Chg Q	53.1%	-3.0%	19.0%	-0.7%	7.6%	6.0%	16.3%	16.8%	13.3%	53.1%	11.0%
Rev Chg LTM	52.3%	5.8%	18.1%	2.2%	8.9%	10.2%	21.1%	7.4%	22.2%	52.3%	17.5%
Rev Chg 3Y Avg	32.4%	8.9%	32.4%	1.2%	10.3%	7.6%	23.5%	-0.7%	19.7%	32.4%	28.9%
FCF/Rev 3Y Avg	41.2%	61.9%	60.8%	62.2%	58.4%	55.6%	54.7%	50.8%	49.8%	41.2%	38.2%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 21%, alpha of 9.1%, and sharpe of 0.94

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	How Low Can Palomar Stock Really Go?	Return
2	Why Palomar Stock Moved: PLMR Stock Has Gained 161% Since 2022 Fiscal End, Primarily Due To Favorable Change In Revenues
3	Palomar (PLMR) Valuation Ratios Comparison	Financials
4	PLMR Dip Buy Analysis
5	Palomar Total Shareholder Return (TSR): 90.3% in 2024 and 17.7% 3-yr compounded annual returns (above peer average)
6	Time To Buy Palomar Stock?	Buy or Fear
7	Palomar (PLMR) Operating Cash Flow Comparison	Financials
8	Palomar (PLMR) Net Income Comparison	Financials

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to PLMR. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BRO_10312025_Dip_Buyer_FCFYield	10312025	BRO	Brown & Brown	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-1.5%	-1.5%	-4.2%
CPAY_10312025_Dip_Buyer_FCFYield	10312025	CPAY	Corpay	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	6.2%	6.2%	0.0%
EEFT_10312025_Dip_Buyer_FCFYield	10312025	EEFT	Euronet Worldwide	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.7%	-4.7%	-4.9%
GPN_10312025_Dip_Buyer_FCFYield	10312025	GPN	Global Payments	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-2.2%	-2.2%	-2.2%
APO_10102025_Dip_Buyer_FCFYield	10102025	APO	Apollo Asset Management	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	12.0%	12.0%	0.0%
PLMR_6302025_Quality_Momentum_RoomToRun_10%	06302025	PLMR	Palomar	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-17.0%	-17.0%	-28.8%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BRO_10312025_Dip_Buyer_FCFYield	10312025	BRO	Brown & Brown	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-1.5%	-1.5%	-4.2%
CPAY_10312025_Dip_Buyer_FCFYield	10312025	CPAY	Corpay	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	6.2%	6.2%	0.0%
EEFT_10312025_Dip_Buyer_FCFYield	10312025	EEFT	Euronet Worldwide	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.7%	-4.7%	-4.9%
GPN_10312025_Dip_Buyer_FCFYield	10312025	GPN	Global Payments	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-2.2%	-2.2%	-2.2%
APO_10102025_Dip_Buyer_FCFYield	10102025	APO	Apollo Asset Management	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	12.0%	12.0%	0.0%
PLMR_6302025_Quality_Momentum_RoomToRun_10%	06302025	PLMR	Palomar	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-17.0%	-17.0%	-28.8%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ORGO	Organogenesis	0.7	44.7%	75.9%
GMED	Globus Medical	11.3	35.9%	1.4%
KODK	Eastman Kodak	0.6	33.2%	18.6%
GCT	GigaCloud Technology	1.3	30.0%	78.8%
FROG	JFrog	6.9	27.0%	104.0%
PGNY	Progyny	1.9	24.2%	29.7%
TNDM	Tandem Diabetes Care	1.1	22.0%	-54.9%
OS	OneStream	4.1	19.2%	-20.3%
FLGT	Fulgent Genetics	0.8	18.2%	42.7%
UAMY	United States Antimony	1.0	17.8%	370.1%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.4	-41.7%	17.9%
FOXF	Fox Factory	0.7	-25.5%	-45.9%
ASTH	Astrana Health	1.3	-23.5%	-19.0%
CERT	Certara	1.4	-23.1%	-18.6%
NTLA	Intellia Therapeutics	1.0	-22.7%	-18.4%
DNA	Ginkgo Bioworks	0.5	-20.8%	-8.9%
SIGA	SIGA Technologies	0.5	-20.0%	20.2%
UI	Ubiquiti	37.0	-19.4%	85.3%
EVCM	EverCommerce	1.7	-19.3%	-15.1%
PSIX	Power Solutions International	1.5	-19.1%	120.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	1.7	123.6%	233.4%
GDEN	Golden Entertainment	0.8	44.7%	-4.9%
FSLY	Fastly	1.7	39.4%	22.5%
GMED	Globus Medical	11.3	38.9%	1.4%
CSIQ	Canadian Solar	1.9	37.1%	156.0%
HAE	Haemonetics	3.3	36.7%	-12.4%
ESTA	Establishment Labs	1.9	35.6%	41.1%
APPN	Appian	3.0	34.6%	22.2%
XMTR	Xometry	3.3	33.1%	51.9%
ORGO	Organogenesis	0.7	32.5%	75.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.5	-58.9%	57.4%
ASPN	Aspen Aerogels	0.3	-52.6%	-67.5%
BHVN	Biohaven	0.8	-52.0%	-77.9%
DD	DuPont de Nemours	16.7	-51.3%	-46.9%
SOC	Sable Offshore	0.5	-48.9%	-76.7%
BLZE	Backblaze	0.3	-43.7%	-3.7%
CCOI	Cogent Communications	1.1	-43.1%	-67.5%
NVTS	Navitas Semiconductor	1.6	-41.8%	119.6%
AIRS	AirSculpt Technologies	0.4	-41.2%	17.9%
ACVA	ACV Auctions	0.9	-40.5%	-75.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
PRAX	Praxis Precision Medicines	3.6	207.2%	118.6%
INBX	Inhibrx Biosciences	1.2	130.5%	424.0%
VTYX	Ventyx Biosciences	0.6	127.2%	300.5%
TERN	Terns Pharmaceuticals	1.7	117.3%	233.4%
PUMP	ProPetro	1.1	95.6%	15.1%
SNDK	SanDisk	34.7	84.7%
REPL	Replimune	0.8	79.5%	-31.4%
CSIQ	Canadian Solar	1.9	78.3%	156.0%
VICR	Vicor	3.9	66.2%	80.9%
ESTA	Establishment Labs	1.9	62.0%	41.1%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	0.5	-72.8%	-76.7%
NTLA	Intellia Therapeutics	1.0	-62.6%	-18.4%
QURE	uniQure	1.5	-56.3%	57.4%
FMC	FMC	1.8	-53.2%	-69.9%
BHVN	Biohaven	0.8	-52.1%	-77.9%
ASPN	Aspen Aerogels	0.3	-51.4%	-67.5%
LRN	Stride	3.1	-50.3%	-30.7%
FI	Fiserv	35.1	-49.4%	-69.0%
WOLF	Wolfspeed	2.8	-49.3%
ELF	e.l.f. Beauty	4.2	-49.1%	-41.3%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ORGO	Organogenesis	0.7	44.7%	75.9%
GMED	Globus Medical	11.3	35.9%	1.4%
KODK	Eastman Kodak	0.6	33.2%	18.6%
GCT	GigaCloud Technology	1.3	30.0%	78.8%
FROG	JFrog	6.9	27.0%	104.0%
PGNY	Progyny	1.9	24.2%	29.7%
TNDM	Tandem Diabetes Care	1.1	22.0%	-54.9%
OS	OneStream	4.1	19.2%	-20.3%
FLGT	Fulgent Genetics	0.8	18.2%	42.7%
UAMY	United States Antimony	1.0	17.8%	370.1%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.4	-41.7%	17.9%
FOXF	Fox Factory	0.7	-25.5%	-45.9%
ASTH	Astrana Health	1.3	-23.5%	-19.0%
CERT	Certara	1.4	-23.1%	-18.6%
NTLA	Intellia Therapeutics	1.0	-22.7%	-18.4%
DNA	Ginkgo Bioworks	0.5	-20.8%	-8.9%
SIGA	SIGA Technologies	0.5	-20.0%	20.2%
UI	Ubiquiti	37.0	-19.4%	85.3%
EVCM	EverCommerce	1.7	-19.3%	-15.1%
PSIX	Power Solutions International	1.5	-19.1%	120.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	1.7	123.6%	233.4%
GDEN	Golden Entertainment	0.8	44.7%	-4.9%
FSLY	Fastly	1.7	39.4%	22.5%
GMED	Globus Medical	11.3	38.9%	1.4%
CSIQ	Canadian Solar	1.9	37.1%	156.0%
HAE	Haemonetics	3.3	36.7%	-12.4%
ESTA	Establishment Labs	1.9	35.6%	41.1%
APPN	Appian	3.0	34.6%	22.2%
XMTR	Xometry	3.3	33.1%	51.9%
ORGO	Organogenesis	0.7	32.5%	75.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.5	-58.9%	57.4%
ASPN	Aspen Aerogels	0.3	-52.6%	-67.5%
BHVN	Biohaven	0.8	-52.0%	-77.9%
DD	DuPont de Nemours	16.7	-51.3%	-46.9%
SOC	Sable Offshore	0.5	-48.9%	-76.7%
BLZE	Backblaze	0.3	-43.7%	-3.7%
CCOI	Cogent Communications	1.1	-43.1%	-67.5%
NVTS	Navitas Semiconductor	1.6	-41.8%	119.6%
AIRS	AirSculpt Technologies	0.4	-41.2%	17.9%
ACVA	ACV Auctions	0.9	-40.5%	-75.0%

Peer Comparisons for Palomar

Financials

	PLMR	HIG	FNF	PGR	CB	TRV	Median
Name	Palomar	Hartford.	Fidelity.	Progress.	Chubb	Traveler.
Mkt Price	128.06	129.41	57.05	217.27	287.55	279.81	173.34
Mkt Cap	3.4	36.4	15.5	127.4	114.3	62.7	49.5
Rev LTM	680	27,692	13,297	82,376	58,900	48,409	38,050
Op Inc LTM	-	-	-	-	-	-	-
FCF LTM	372	5,865	6,727	16,472	13,321	9,985	8,356
FCF 3Y Avg	217	4,922	6,250	12,350	13,409	8,682	7,466
CFO LTM	381	5,988	6,872	16,800	13,321	9,985	8,428
CFO 3Y Avg	224	5,109	6,388	12,634	13,409	8,682	7,535

Growth & Margins

	PLMR	HIG	FNF	PGR	CB	TRV	Median
Name	Palomar	Hartford.	Fidelity.	Progress.	Chubb	Traveler.
Rev Chg LTM	52.3%	6.9%	7.4%	21.5%	6.7%	6.7%	7.1%
Rev Chg 3Y Avg	32.4%	8.6%	-0.7%	20.0%	12.2%	10.1%	11.2%
Rev Chg Q	53.1%	6.4%	16.8%	21.3%	8.2%	4.8%	12.5%
QoQ Delta Rev Chg LTM	11.4%	1.6%	4.0%	4.9%	2.2%	1.2%	3.1%
Op Mgn LTM	-	-	-	-	-	-	-
Op Mgn 3Y Avg	-	-	-	-	-	-	-
QoQ Delta Op Mgn LTM	-	-	-	-	-	-	-
CFO/Rev LTM	56.1%	21.6%	51.7%	20.4%	22.6%	20.6%	22.1%
CFO/Rev 3Y Avg	42.7%	19.6%	51.9%	18.0%	24.8%	19.4%	22.2%
FCF/Rev LTM	54.8%	21.2%	50.6%	20.0%	22.6%	20.6%	21.9%
FCF/Rev 3Y Avg	41.2%	18.9%	50.8%	17.6%	24.8%	19.4%	22.1%

Valuation

	PLMR	HIG	FNF	PGR	CB	TRV	Median
Name	Palomar	Hartford.	Fidelity.	Progress.	Chubb	Traveler.
Mkt Cap	3.4	36.4	15.5	127.4	114.3	62.7	49.5
P/S	5.0	1.3	1.2	1.5	1.9	1.3	1.4
P/EBIT	17.4	7.9	9.2	9.5	8.7	8.1	9.0
P/E	22.1	10.2	14.4	12.2	11.8	10.7	12.0
P/CFO	9.0	6.1	2.3	7.6	8.6	6.3	6.9
Total Yield	4.5%	11.4%	10.4%	10.4%	9.8%	10.1%	10.3%
Dividend Yield	0.0%	1.6%	3.5%	2.3%	1.3%	0.8%	1.5%
FCF Yield 3Y Avg	8.3%	15.8%	50.1%	10.3%	12.9%	17.2%	14.4%
D/E	0.0	0.1	0.3	0.1	0.2	0.1	0.1
Net D/E	-0.2	-0.5	-1.7	-0.0	-0.2	-1.4	-0.3

Returns

	PLMR	HIG	FNF	PGR	CB	TRV	Median
Name	Palomar	Hartford.	Fidelity.	Progress.	Chubb	Traveler.
1M Rtn	7.7%	-2.7%	0.7%	-10.6%	0.2%	-1.0%	-0.4%
3M Rtn	6.4%	1.4%	-1.2%	-11.8%	6.4%	6.1%	3.7%
6M Rtn	-19.9%	2.3%	0.3%	-23.6%	-0.1%	4.6%	0.1%
12M Rtn	33.7%	14.2%	-0.2%	-13.1%	4.8%	12.7%	8.8%
3Y Rtn	89.7%	86.9%	68.3%	73.3%	41.5%	60.3%	70.8%
1M Excs Rtn	7.0%	-0.5%	3.0%	-10.2%	1.2%	2.1%	1.6%
3M Excs Rtn	-0.3%	-4.3%	-7.2%	-16.8%	0.9%	0.7%	-2.3%
6M Excs Rtn	-38.8%	-16.6%	-18.6%	-42.5%	-19.0%	-14.3%	-18.8%
12M Excs Rtn	25.5%	1.5%	-17.2%	-27.0%	-11.3%	-0.2%	-5.7%
3Y Excs Rtn	-28.9%	10.8%	-7.7%	-3.8%	-36.3%	-16.3%	-12.0%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	8/5/2025	2/25/2025	2/23/2024	3/1/2023	2/25/2022	3/9/2021	2/28/2020
Key Financials
Total Revenue	680	554	376	327	248	168	113
Net Income	155	118	79	52	46	6	11
EPS	5.85	4.61	3.19	2.07	1.80	0.25	0.49
Growth Rates
Total Revenue Growth	52.3%	47.3%	14.9%	32.0%	47.1%	48.7%	55.3%
Net Income Growth	60.6%	48.4%	51.8%	13.8%	632.7%	-41.1%	-41.7%
Margins
Net Income Margin	22.8%	21.2%	21.1%	15.9%	18.5%	3.7%	9.4%
Cash & Debt
Total Cash	626	551	695	583	483	432	250
Total Debt	0	0	53	36	0	0	0
Net Debt / (Cash)	-626	-551	-643	-547	-483	-432	-250
Cash Flows
Net Cash from Operations	381	261	116	170	88	57	45
Free Cash from Operations	372	253	109	164	83	46	42
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	5
Share Repurchases	-0	-0	22	34	16	-0	-0

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	8/5/2025	5/6/2025	2/25/2025	11/6/2024	8/6/2024	5/3/2024	2/23/2024	11/2/2023	8/3/2023	5/8/2023	3/1/2023	11/3/2022
Key Financials Quarterly
Total Revenue	201	175	156	148	131	119	105	91	90	89	89	81
Net Income	47	43	35	30	26	26	26	18	18	17	19	4
EPS	1.74	1.61	1.32	1.18	1.03	1.06	1.05	0.75	0.71	0.69	0.74	0.17
Key Financials TTM
Total Revenue TTM	680	610	554	504	446	405	376	359	349	338	327	312
Net Income TTM	155	134	118	109	96	88	79	72	58	55	52	50
Growth Rates Quarterly
Total Revenue Growth	53.1%	47.3%	47.8%	63.0%	45.3%	32.9%	18.8%	12.8%	13.5%	14.2%	21.1%	19.3%
Net Income Growth	80.8%	62.7%	35.0%	65.5%	46.5%	52.4%	38.0%	330.1%	20.4%	19.1%	12.8%	1642.3%
Margins Quarterly
Net Income Margin	23.1%	24.6%	22.5%	20.6%	19.6%	22.3%	24.6%	20.3%	19.4%	19.4%	21.2%	5.3%
Cash & Debt
Total Cash	626	621	551	516	391	392	695	329	300	635	583	506
Total Debt	0	0	0	0	0	43	53	53	71	71	36	26
Net Debt / (Cash)	-626	-621	-551	-516	-391	-349	-643	-277	-229	-563	-547	-480
Cash Flows Quarterly
FCF from Operations	121	87	73	100	55	33	22	71	6	17	75	12
Cash Flows TTM
FCF from Operations TTM	381	315	261	211	181	132	116	169	110	138	170	145
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	0	7	9	7	11	3
Return on Invested Capital (ROIC) Quarterly
ROIC	-	-	-	-	-	-	-	284.8%	89.9%	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	-	-	-	-	-	-	278.3%	74.1%	-	-	-

Price Behavior

Price Behavior

Market Price	$128.06
Market Cap ($ Bil)	3.4
First Trading Date	04/17/2019
Distance from 52W High	-27.1%
	50 Days	200 Days
DMA Price	$116.82	$132.65
DMA Trend	up	down
Distance from DMA	9.6%	-3.5%
	3M	1YR
Volatility	32.9%	40.9%
Downside Capture	12.68	63.67
Upside Capture	42.27	84.94
Correlation (SPY)	10.3%	36.6%

PLMR Betas & Captures as of 10/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.45	0.67	0.86	0.46	0.80	0.85
Up Beta	0.85	1.30	0.93	0.50	1.00	1.00
Down Beta	1.18	0.82	1.39	0.53	0.63	0.93
Up Capture	-29%	-3%	9%	1%	67%	36%
Bmk +ve Days	14	27	37	74	145	425
Stock +ve Days	14	24	36	68	135	384
Down Capture	-3%	85%	124%	100%	77%	92%
Bmk -ve Days	9	17	28	53	106	327
Stock -ve Days	9	20	29	58	115	367

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of PLMR With Other Asset Classes (Last 1Y)
	PLMR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	44.7%	15.3%	18.9%	45.7%	0.7%	-1.3%	49.7%
Annualized Volatility	41.2%	20.1%	19.6%	19.9%	16.1%	18.0%	37.2%
Sharpe Ratio	1.00	0.60	0.76	1.78	-0.14	-0.22	0.85
Correlation With Other Assets		44.2%	37.2%	3.5%	7.7%	32.0%	17.4%

ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of PLMR With Other Asset Classes (Last 5Y)
	PLMR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	7.5%	19.2%	17.1%	15.9%	13.8%	7.2%	49.2%
Annualized Volatility	45.0%	19.4%	17.1%	15.6%	18.9%	19.1%	49.3%
Sharpe Ratio	0.32	0.84	0.81	0.82	0.61	0.29	0.76
Correlation With Other Assets		36.2%	37.1%	4.9%	3.9%	31.1%	18.5%

Based On 10-Year Data

		Comparison of PLMR With Other Asset Classes (Last 10Y)
	PLMR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	33.9%	12.5%	14.3%	12.9%	5.1%	5.3%	77.5%
Annualized Volatility	49.0%	22.4%	18.0%	14.7%	17.7%	20.9%	56.2%
Sharpe Ratio	0.78	0.52	0.69	0.72	0.22	0.23	0.95
Correlation With Other Assets		40.5%	42.9%	6.6%	10.4%	37.7%	19.2%

Short Interest

Short Interest: As Of Date	10152025
Short Interest: Shares Quantity	501,298
Short Interest: % Change Since 9302025	12.0%
Average Daily Volume	330,281
Days-to-Cover Short Interest	1.52
Basic Shares Quantity	26,756,095
Short % of Basic Shares	1.9%

Returns Analyses

	Title
0	How Low Can Palomar Stock Really Go?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/6/2025	8.7%
8/4/2025	-14.7%	-7.5%	-6.4%
5/5/2025	0.4%	-0.3%	10.3%
2/12/2025	14.7%	10.8%	20.9%
11/4/2024	2.1%	14.8%	25.5%
8/5/2024	5.4%	-0.4%	10.9%
5/2/2024	3.7%	7.8%	8.6%
2/14/2024	18.4%	21.0%	31.9%
...
SUMMARY STATS
# Positive	16	14	16
# Negative	8	10	8
Median Positive	3.3%	10.4%	13.7%
Median Negative	-3.8%	-3.5%	-24.7%
Max Positive	18.4%	21.0%	43.9%
Max Negative	-14.7%	-28.6%	-27.0%

	Forward Returns
11/6/2025	8.7%
8/4/2025	-14.7%	-7.5%	-6.4%
5/5/2025	0.4%	-0.3%	10.3%
2/12/2025	14.7%	10.8%	20.9%
11/4/2024	2.1%	14.8%	25.5%
8/5/2024	5.4%	-0.4%	10.9%
5/2/2024	3.7%	7.8%	8.6%
2/14/2024	18.4%	21.0%	31.9%
11/1/2023	10.1%	14.2%	14.9%
8/2/2023	-3.7%	-3.9%	-15.0%
5/3/2023	-1.0%	-0.3%	9.1%
2/15/2023	1.7%	14.8%	-2.0%
10/24/2022	1.1%	10.1%	-25.9%
8/3/2022	5.4%	11.1%	23.3%
5/4/2022	-7.4%	-7.9%	10.8%
2/16/2022	1.1%	12.2%	15.2%
10/19/2021	0.0%	6.3%	7.2%
8/4/2021	-3.9%	1.6%	12.1%
5/5/2021	3.0%	-0.8%	12.4%
2/4/2021	-0.4%	7.3%	-27.0%
11/10/2020	-11.8%	-28.6%	-25.8%
8/4/2020	3.6%	6.9%	24.9%
5/5/2020	-2.3%	0.5%	43.9%
2/18/2020	1.8%	-3.5%	-24.7%
SUMMARY STATS
# Positive	16	14	16
# Negative	8	10	8
Median Positive	3.3%	10.4%	13.7%
Median Negative	-3.8%	-3.5%	-24.7%
Max Positive	18.4%	21.0%	43.9%
Max Negative	-14.7%	-28.6%	-27.0%

SEC Filings

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Report Date	Filing Date	Filing
6302025	8052025	10-Q 6/30/2025
3312025	5062025	10-Q 3/31/2025
12312024	2252025	10-K 12/31/2024
9302024	11062024	10-Q 9/30/2024
6302024	8062024	10-Q 6/30/2024
3312024	5032024	10-Q 3/31/2024
12312023	2232024	10-K 12/31/2023
9302023	11022023	10-Q 9/30/2023
6302023	8032023	10-Q 6/30/2023
3312023	5082023	10-Q 3/31/2023
12312022	3012023	10-K 12/31/2022
9302022	11032022	10-Q 9/30/2022
6302022	8042022	10-Q 6/30/2022
3312022	5052022	10-Q 3/31/2022
12312021	2252022	10-K 12/31/2021
9302021	11052021	10-Q 9/30/2021

Insider Activity

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Industry Resources

Financials Resources

Federal Reserve Economic Data

External Quote Links

0	Y Finance	Barrons
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2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Palomar (PLMR)

Market Price (11/8/2025): $127.67 | Market Cap: $3.4 BilSector: Financials | Industry: Property & Casualty Insurance

Palomar (PLMR)

Market Price (11/8/2025): $127.67Market Cap: $3.4 BilSector: FinancialsIndustry: Property & Casualty Insurance

Market Valuation & Key Metrics

PLMR Stock

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Price Returns Compared

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About Palomar (PLMR)

Interactive Breakdown

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Based On 1-Year Data

Based On 5-Year Data

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Earnings Returns History

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Market Price (11/8/2025): $127.67 | Market Cap: $3.4 Bil
Sector: Financials | Industry: Property & Casualty Insurance

Market Price (11/8/2025): $127.67
Market Cap: $3.4 Bil
Sector: Financials
Industry: Property & Casualty Insurance