Palomar Holdings, Inc. financial data

Symbol
PLMR on Nasdaq
Industry
Fire, Marine & Casualty Insurance
Location
7979 IVanhoe Avenue, Suite 500, La Jolla, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
GC Palomar Holdings (to 2/13/2019)
Latest financial report
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 274 % +21%
Return On Equity 19.5 % +36.4%
Return On Assets 5.22 % +19.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24.9 M shares -0.24%
Common Stock, Shares, Outstanding 24.9 M shares -0.09%
Entity Public Float 1.41 B USD -9.98%
Common Stock, Value, Issued 3 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 24.9 M shares -0.43%
Weighted Average Number of Shares Outstanding, Diluted 25.5 M shares +0.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 405 M USD +19.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 115 M USD +62.3%
Income Tax Expense (Benefit) 27.1 M USD +67.8%
Net Income (Loss) Attributable to Parent 88.3 M USD +60.6%
Earnings Per Share, Basic 3.56 USD/shares +62.6%
Earnings Per Share, Diluted 3.49 USD/shares +63.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 61.4 M USD -23.5%
Deferred Income Tax Assets, Net 9.41 M USD +4.48%
Property, Plant and Equipment, Net 312 K USD -42.2%
Operating Lease, Right-of-Use Asset 934 K USD -44.7%
Intangible Assets, Net (Excluding Goodwill) 7.95 M USD -13.6%
Goodwill 3.76 M USD
Assets 1.88 B USD +30.8%
Liabilities 1.38 B USD +33.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -26.5 M USD +14.6%
Retained Earnings (Accumulated Deficit) 171 M USD +74.2%
Stockholders' Equity Attributable to Parent 502 M USD +24%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 502 M USD +24%
Liabilities and Equity 1.88 B USD +30.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 33.1 M USD +90%
Net Cash Provided by (Used in) Financing Activities -6.88 M USD -124%
Net Cash Provided by (Used in) Investing Activities -16.3 M USD +51.8%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 24.9 M shares -0.09%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 9.91 M USD -18.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 51.9 M USD -23.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 714 K USD -29.8%
Deferred Tax Assets, Valuation Allowance 3.49 M USD +13.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 29.1 M USD +0.76%
Operating Lease, Liability 1.09 M USD -47.5%
Depreciation 200 K USD 0%
Payments to Acquire Property, Plant, and Equipment 15 K USD -95.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 92.8 M USD +150%
Lessee, Operating Lease, Liability, to be Paid 1.13 M USD -48.5%
Property, Plant and Equipment, Gross 2.02 M USD +0.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 171 K USD -73.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 643 K USD -33.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.01 pure -71.4%
Deferred Income Tax Expense (Benefit) -2.83 M USD +18.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 42 K USD -65.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 177 K USD +5.36%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 27.3 M USD +44.7%
Preferred Stock, Shares Authorized 5 M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 136 K USD -21.4%
Operating Lease, Payments 1.02 M USD +10.7%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 4.5 M USD +9.43%
Share-based Payment Arrangement, Expense 15.3 M USD +24.1%
Interest Expense 3.5 M USD +94.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%