Palomar Holdings (PLMR) Gross Margin (2018 - 2026)
Palomar Holdings (PLMR) reported Gross Margin of 68.52% for Q2 2026, down 8.77 percentage points from 77.28% a year earlier and down 0.26 percentage points from the prior quarter.
Palomar Holdings (PLMR) Gross Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Palomar Holdings' Gross Margin came in at 69.79%, down 6.41 percentage points year-over-year; for FY2025, it came in at 73.90%, down 1.77 percentage points from FY2024.
- Gross Margin has a five-year change of +11.96 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 75.67% in FY2024 (-5.02 pp), 80.69% in FY2023 (+4.74 pp), 75.95% in FY2022 (-7.32 pp) and 83.27% in FY2021 (+21.33 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q3 2022.
- Year over year, Gross Margin has now declined in each of the last four quarters, with an average year-over-year change of -4.98 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2021 (a gain of 49.16 percentage points); the low point was Q1 2022 (a drop of 10.16 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 68.78% (Q1 2026), 72.03% (Q4 2025) and 70.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 40.82% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 46.97% |
| 10 | Palomar Holdings | 3.22 Bn | 2.91 Bn | 215.44 Mn | 68.52% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.52% |
| Mar 31, 2026 | 68.78% |
| Dec 31, 2025 | 72.03% |
| Sep 30, 2025 | 70.24% |
| Jun 30, 2025 | 77.28% |
| Mar 31, 2025 | 77.81% |
| Dec 31, 2024 | 76.13% |
| Sep 30, 2024 | 72.85% |
| Jun 30, 2024 | 76.78% |
| Mar 31, 2024 | 77.36% |
| Dec 31, 2023 | 83.02% |
| Sep 30, 2023 | 82.25% |
| Jun 30, 2023 | 80.19% |
| Mar 31, 2023 | 76.85% |
| Dec 31, 2022 | 79.21% |
| Sep 30, 2022 | 61.71% |
| Jun 30, 2022 | 82.06% |
| Mar 31, 2022 | 80.86% |
| Dec 31, 2021 | 86.10% |
| Sep 30, 2021 | 57.92% |
Palomar Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PLMR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PLMR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PLMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();