Palomar Holdings (PLMR) Gross Margin (2018 - 2026)
Palomar Holdings (PLMR) posted quarterly Gross Margin of 68.78% for Q1 2026, down 904.0% year-over-year from 8.55% in Q1 2025, and down 10.57% quarter-over-quarter from 76.9% in Q4 2025.
Palomar Holdings (PLMR) Gross Margin (2018 - 2026) Analysis & Trends
Palomar Holdings' Gross Margin history runs 9 years deep, the most recent figure standing at 68.78% for Q1 2026.
- In Q1 2026, Gross Margin fell 904.0% year-over-year to 68.78%; the TTM figure through Mar 2026 stood at 72.05% (down 302.0% YoY), while the FY2025 annual figure was 73.9%, down 177.0% from the prior year.
- Gross Margin for Q1 2026 stood at 68.78%, down from 76.9% in the prior quarter.
- The five-year high for Gross Margin was 85.54% in Q4 2023, with the low at 60.36% in Q3 2022.
- The 5-year median for Gross Margin is 76.85% (2023), against an average of 75.71%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 2084 bps in 2023, then sank 1091 bps in 2024.
- Palomar Holdings' Gross Margin stood at 80.16% in 2022, then advanced by 7 bps to 85.54% in 2023, then fell by 11 bps to 76.13% in 2024, then rose by 1 bps to 76.9% in 2025, then fell by 11 bps to 68.78% in 2026.
- Business Quant data shows PLMR's Gross Margin at 68.78% in Q1 2026, 76.9% in Q4 2025, and 67.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.97 Bn | 121.20 Bn | 9.13 Bn | 57.69% |
| 2 | Progressive | 124.60 Bn | 119.60 Bn | 9.04 Bn | 38.28% |
| 3 | Travelers Companies | 79.42 Bn | 55.67 Bn | 4.83 Bn | 44.93% |
| 4 | Allstate | 67.72 Bn | 28.98 Bn | 16.28 Bn | 87.55% |
| 5 | Fairfax Financial Holdings | 35.39 Bn | 35.39 Bn | - | - |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | 55.85% |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn | 54.18% |
| 8 | Markel | 23.26 Bn | 6.38 Bn | 2.83 Bn | 70.46% |
| 9 | Assurant | 14.14 Bn | 12.10 Bn | 2.71 Bn | 78.34% |
| 10 | Palomar Holdings | 3.53 Bn | 3.41 Bn | 215.44 Mn | 68.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 68.52% |
| Mar 31, 2026 | 68.78% |
| Dec 31, 2025 | 76.90% |
| Sep 30, 2025 | 67.66% |
| Jun 30, 2025 | 74.34% |
| Mar 31, 2025 | 77.81% |
| Dec 31, 2024 | 76.13% |
| Sep 30, 2024 | 70.28% |
| Jun 30, 2024 | 75.11% |
| Mar 31, 2024 | 75.12% |
| Dec 31, 2023 | 85.54% |
| Sep 30, 2023 | 81.19% |
| Jun 30, 2023 | 78.46% |
| Mar 31, 2023 | 76.85% |
| Dec 31, 2022 | 80.16% |
| Sep 30, 2022 | 60.36% |
| Jun 30, 2022 | 82.06% |
| Mar 31, 2022 | 80.33% |
| Dec 31, 2021 | 85.01% |
| Sep 30, 2021 | 57.92% |