Complete financial analysis of Palomar Holdings, Inc. (PLMR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Palomar Holdings, Inc., a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
- Bradda Head Lithium Limited (BHLIF) Income Statement Analysis – Financial Results
- Lions Gate Entertainment Corp. (LGF-A) Income Statement Analysis – Financial Results
- CHC Group LLC (CHHCF) Income Statement Analysis – Financial Results
- McDonald’s Corporation (MDO.DE) Income Statement Analysis – Financial Results
- PT Bank Central Asia Tbk (PBCRY) Income Statement Analysis – Financial Results
Palomar Holdings, Inc. (PLMR)
About Palomar Holdings, Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 375.93M | 327.09M | 247.79M | 168.46M | 113.30M | 72.97M | 59.47M | 42.70M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 375.93M | 327.09M | 247.79M | 168.46M | 113.30M | 72.97M | 59.47M | 42.70M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 11.62M | 5.58M | 2.17M | 24.10M | 0.00 | 0.00 | 0.00 |
| Other Expenses | 375.93M | 259.54M | -190.65M | -162.24M | -95.22M | -52.46M | -52.79M | -34.79M |
| Operating Expenses | 375.93M | 259.54M | -190.65M | -162.24M | -95.22M | -52.46M | -52.79M | -34.79M |
| Cost & Expenses | 268.51M | 259.54M | 190.65M | 162.24M | 95.22M | 54.76M | 54.54M | 36.42M |
| Interest Income | 0.00 | 14.37M | 9.58M | 9.04M | 6.32M | 3.55M | 2.43M | 1.90M |
| Interest Expense | 3.78M | 873.00K | 40.00K | 0.00 | 1.07M | 2.30M | 1.75M | 1.63M |
| Depreciation & Amortization | 4.50M | 4.12M | 3.54M | 1.34M | 216.00K | 212.00K | 160.00K | 88.00K |
| EBITDA | 111.92M | 72.54M | 60.68M | 7.56M | 19.36M | 20.73M | 6.83M | 8.00M |
| EBITDA Ratio | 29.77% | 22.67% | 24.49% | 4.49% | 16.15% | 28.41% | 11.49% | 18.73% |
| Operating Income | 107.42M | 68.42M | 57.14M | 6.22M | 18.08M | 20.52M | 6.67M | 7.91M |
| Operating Income Ratio | 28.57% | 20.92% | 23.06% | 3.69% | 15.96% | 28.12% | 11.22% | 18.53% |
| Total Other Income/Expenses | -3.78M | -873.00K | -381.31M | 0.00 | -1.07M | -2.30M | -1.75M | -1.63M |
| Income Before Tax | 103.64M | 67.55M | 57.14M | 6.22M | 18.08M | 18.21M | 4.93M | 6.28M |
| Income Before Tax Ratio | 27.57% | 20.65% | 23.06% | 3.69% | 15.96% | 24.96% | 8.29% | 14.70% |
| Income Tax Expense | 24.44M | 15.38M | 11.29M | -34.00K | 7.46M | -6.00K | 1.15M | -337.00K |
| Net Income | 79.20M | 52.17M | 45.85M | 6.26M | 10.62M | 18.22M | 3.78M | 6.61M |
| Net Income Ratio | 21.07% | 15.95% | 18.50% | 3.71% | 9.37% | 24.97% | 6.36% | 15.49% |
| EPS | 3.19 | 2.07 | 1.80 | 0.25 | 0.49 | 0.81 | 0.17 | 0.29 |
| EPS Diluted | 3.13 | 2.02 | 1.76 | 0.24 | 0.49 | 0.81 | 0.17 | 0.29 |
| Weighted Avg Shares Out | 24.82M | 25.24M | 25.46M | 24.87M | 21.50M | 22.63M | 17.20M | 17.00M |
| Weighted Avg Shares Out (Dil) | 25.33M | 25.80M | 26.11M | 25.60M | 21.83M | 22.63M | 22.63M | 22.63M |
Palomar Holdings, Inc. Announces First Quarter 2024 Financial Results Release Date and Conference Call
Financial Stock On The Move: Palomar Holdings (SA Quant)
Why Palomar (PLMR) Could Beat Earnings Estimates Again
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Time to Buy These Red-Hot Property and Casualty Insurance Stocks
Palomar (PLMR) Shares Rise 48% YTD: More Room for Growth?
Reasons Why Investors Should Consider Buying RLI Stock Now
Why Is Berkshire Hathaway (BRK.B) Down 1.4% Since Last Earnings Report?
Palomar (PLMR) is a Great Momentum Stock: Should You Buy?
PLMR or AXS: Which P&C Insurance Stock is Better Positioned?
Source: https://incomestatements.info
Category: Stock Reports