Palomar Holdings (PLMR) Operating Margin (2018 - 2026)
Palomar Holdings (PLMR) reported Operating Margin of 6.45% for Q1 2026, down 46.0% on a YoY basis from 11.94% in Q1 2025, and down 12.05% quarter-over-quarter from 7.33% in Q4 2025.
Palomar Holdings (PLMR) Operating Margin (2018 - 2026) Analysis & Trends
Palomar Holdings has reported Operating Margin for 9 years, with the latest figure at 6.45% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 46.0% year-over-year to 6.45%; the trailing twelve-month figure through Mar 2026 stood at 6.66% (down 40.0% YoY), and the FY2025 full-year result was 6.63%, down 39.0% from the prior year.
- Operating Margin for Q1 2026 stood at 6.45%, down from 7.33% in the prior quarter.
- The five-year high for Operating Margin was 7.81% in Q4 2024, with the low at 3.39% in Q1 2022.
- Historically, Operating Margin has averaged 6.21% across 5 years, with a median of 6.58% in 2025.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 405 bps — and 2023, when it soared 276 bps.
- Palomar Holdings' Operating Margin stood at 4.98% in 2022, then soared by 50 bps to 7.48% in 2023, then advanced by 4 bps to 7.81% in 2024, then slipped by 6 bps to 7.33% in 2025, then retreated by 12 bps to 6.45% in 2026.
- The last three Operating Margin figures came in at 6.45% (Q1 2026), 7.33% (Q4 2025), and 6.47% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.57% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | -46.25% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 8.45% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 5.54% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 10.96% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 12.21% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -7.70% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 71.45% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 5.74% |
| 10 | Palomar Holdings | 2.88 Bn | 2.83 Bn | 191.84 Mn | 6.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.45% |
| Dec 31, 2025 | 7.33% |
| Sep 30, 2025 | 6.47% |
| Jun 30, 2025 | 6.58% |
| Mar 31, 2025 | 6.91% |
| Dec 31, 2024 | 7.81% |
| Sep 30, 2024 | 6.94% |
| Jun 30, 2024 | 6.51% |
| Mar 31, 2024 | 6.62% |
| Dec 31, 2023 | 7.48% |
| Sep 30, 2023 | 7.03% |
| Jun 30, 2023 | 6.67% |
| Mar 31, 2023 | 5.74% |
| Dec 31, 2022 | 4.98% |
| Sep 30, 2022 | 4.80% |
| Jun 30, 2022 | 3.91% |
| Mar 31, 2022 | 3.39% |
| Dec 31, 2021 | 9.04% |
| Sep 30, 2021 | 3.45% |
| Jun 30, 2021 | 4.05% |