Pelagos Insurance Capital (PLGO) Tax Rate (2022 - 2026)
Pelagos Insurance Capital (PLGO) reported Tax Rate of 4.75% for Q1 2026, up 2026.0% on a YoY basis from 0.22% in Q1 2025, and up 127.06% quarter-over-quarter from 17.56% in Q4 2025.
Pelagos Insurance Capital (PLGO) Tax Rate (2022 - 2026) Analysis & Trends
Pelagos Insurance Capital has reported Tax Rate for 5 years, with the latest figure at 4.75% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 2026.0% year-over-year to 4.75%; the trailing twelve-month figure through Mar 2026 stood at 12.35% (down 2791.0% YoY), and the FY2025 full-year result was 18.18%, up 124.0% from the prior year.
- Tax Rate for Q1 2026 stood at 4.75%, up from 17.56% in the prior quarter.
- The five-year high for Tax Rate was 81.48% in Q4 2023, with the low at 32.1% in Q2 2022.
- Historically, Tax Rate has averaged 5.92% across 5 years, with a median of 11.83% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 9046 bps — and 2024, when it plunged 9388 bps.
- Pelagos Insurance Capital's Tax Rate stood at 8.98% in 2022, then jumped by 1007 bps to 81.48% in 2023, then tumbled by 115 bps to 12.4% in 2024, then sank by 42 bps to 17.56% in 2025, then surged by 127 bps to 4.75% in 2026.
- The last three Tax Rate figures came in at 4.75% (Q1 2026), 17.56% (Q4 2025), and 18.84% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 40.67 Bn | 1.84 Bn | 2.60 Bn | 22.70% |
| 2 | Hartford Insurance | 35.76 Bn | 26.70 Bn | 2.15 Bn | 19.02% |
| 3 | Arch Capital | 32.37 Bn | 31.45 Bn | 4.02 Bn | 8.84% |
| 4 | Brookfield Wealth Solutions | 10.12 Bn | -3.04 Bn | 4.62 Bn | -175.00% |
| 5 | FIHL | 2.04 Bn | 2.04 Bn | - | - |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 111.10 Mn | -1.36% |
| 7 | Waterdrop | 718.73 Mn | 647.38 Mn | 129.34 Mn | 34.64% |
| 8 | Sun Life Financial | 46.86 Mn | -8.02 Bn | - | 16.30% |
| 9 | Exzeo | 1.18 Mn | -230.21 Mn | 32.74 Mn | 26.03% |
| 10 | Pelagos Insurance Capital | - | - | 386.80 Mn | 4.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.75% |
| Mar 31, 2026 | 4.75% |
| Dec 31, 2025 | -17.56% |
| Dec 31, 2025 | -17.56% |
| Sep 30, 2025 | -18.84% |
| Sep 30, 2025 | -18.84% |
| Jun 30, 2025 | -11.26% |
| Jun 30, 2025 | -11.26% |
| Mar 31, 2025 | -15.51% |
| Mar 31, 2025 | -15.51% |
| Dec 31, 2024 | -12.40% |
| Dec 31, 2024 | -12.40% |
| Sep 30, 2024 | -14.67% |
| Sep 30, 2024 | -14.67% |
| Jun 30, 2024 | -14.63% |
| Jun 30, 2024 | -14.63% |
| Mar 31, 2024 | -14.62% |
| Mar 31, 2024 | -14.62% |
| Dec 31, 2023 | 81.48% |
| Dec 31, 2023 | 81.48% |