Palomar Holdings (PLMR) Gross Margin (2018 - 2026)
Palomar Holdings (PLMR) reported Gross Margin of 68.78% for Q1 2026, down 904.0% on a YoY basis from 8.55% in Q1 2025, and up 13.41% quarter-over-quarter from 60.64% in Q4 2025.
Palomar Holdings (PLMR) Gross Margin (2018 - 2026) Analysis & Trends
Palomar Holdings has reported Gross Margin for 9 years, with the latest figure at 68.78% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 904.0% year-over-year to 68.78%; the trailing twelve-month figure through Mar 2026 stood at 68.79% (down 581.0% YoY), and the FY2025 full-year result was 71.52%, down 209.0% from the prior year.
- Gross Margin for Q1 2026 stood at 68.78%, up from 60.64% in the prior quarter.
- The five-year high for Gross Margin was 82.06% in Q2 2022, with the low at 60.36% in Q3 2022.
- Historically, Gross Margin has averaged 74.49% across 5 years, with a median of 76.85% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin surged 2084 bps — and 2025, when it tumbled 1370 bps.
- Palomar Holdings' Gross Margin stood at 79.21% in 2022, then grew by 2 bps to 80.91% in 2023, then decreased by 8 bps to 74.34% in 2024, then slipped by 18 bps to 60.64% in 2025, then increased by 13 bps to 68.78% in 2026.
- The last three Gross Margin figures came in at 68.78% (Q1 2026), 60.64% (Q4 2025), and 67.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 58.50% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 37.68% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 46.48% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 86.87% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 73.70% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 99.65% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 67.14% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | -153.50% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 72.35% |
| 10 | Palomar Holdings | 2.88 Bn | 2.83 Bn | 191.84 Mn | 68.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 68.78% |
| Dec 31, 2025 | 60.64% |
| Sep 30, 2025 | 67.66% |
| Jun 30, 2025 | 77.28% |
| Mar 31, 2025 | 77.81% |
| Dec 31, 2024 | 74.34% |
| Sep 30, 2024 | 70.28% |
| Jun 30, 2024 | 75.11% |
| Mar 31, 2024 | 75.12% |
| Dec 31, 2023 | 80.91% |
| Sep 30, 2023 | 81.19% |
| Jun 30, 2023 | 78.46% |
| Mar 31, 2023 | 76.85% |
| Dec 31, 2022 | 79.21% |
| Sep 30, 2022 | 60.36% |
| Jun 30, 2022 | 82.06% |
| Mar 31, 2022 | 80.33% |
| Dec 31, 2021 | 82.82% |
| Sep 30, 2021 | 56.00% |
| Jun 30, 2021 | 86.65% |