Palomar Holdings (PLMR) Tax Rate (2018 - 2026)
Palomar Holdings (PLMR) posted quarterly Tax Rate of 19.67% for Q1 2026, down 42.0% year-over-year from 33.91% in Q1 2025, and down 13.36% quarter-over-quarter from 22.7% in Q4 2025.
Analysis
Palomar Holdings (PLMR) Tax Rate (2018 - 2026) Analysis & Trends
Palomar Holdings' Tax Rate history runs 9 years deep, the most recent figure standing at 19.67% for Q1 2026.
- In Q1 2026, Tax Rate fell 42.0% year-over-year to 19.67%; the TTM figure through Mar 2026 stood at 22.14% (up 198.0% YoY), while the FY2025 annual figure was 22.23%, up 135.0% from the prior year.
- Tax Rate for Q1 2026 stood at 19.67%, down from 22.7% in the prior quarter.
- The five-year high for Tax Rate was 31.05% in Q4 2023, with the low at 17.55% in Q3 2022.
- The 5-year median for Tax Rate is 22.7% (2025), against an average of 22.21%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate soared 11918 bps in 2022, then plunged 1340 bps in 2024.
- Palomar Holdings' Tax Rate stood at 20.11% in 2022, then surged by 54 bps to 31.05% in 2023, then sank by 43 bps to 17.65% in 2024, then grew by 29 bps to 22.7% in 2025, then declined by 13 bps to 19.67% in 2026.
- Business Quant data shows PLMR's Tax Rate at 19.67% in Q1 2026, 22.7% in Q4 2025, and 23.36% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.19 Bn | 121.42 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 130.70 Bn | 125.70 Bn | 9.04 Bn | 21.34% |
| 3 | Travelers Companies | 79.25 Bn | 55.49 Bn | 6.23 Bn | 20.20% |
| 4 | Allstate | 68.05 Bn | 29.32 Bn | 16.28 Bn | 21.03% |
| 5 | Fairfax Financial Holdings | 35.99 Bn | 35.99 Bn | - | -20.41% |
| 6 | Cincinnati Financial | 26.93 Bn | 25.04 Bn | 2.39 Bn | 20.37% |
| 7 | Markel | 23.12 Bn | 6.23 Bn | 2.83 Bn | 21.92% |
| 8 | Loews | 22.65 Bn | 349.15 Mn | 2.57 Bn | 23.04% |
| 9 | Assurant | 14.26 Bn | 12.22 Bn | 2.71 Bn | 20.77% |
| 10 | Palomar Holdings | 3.58 Bn | 3.47 Bn | 215.44 Mn | 24.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.66% |
| Mar 31, 2026 | 19.67% |
| Dec 31, 2025 | 22.70% |
| Sep 30, 2025 | 23.36% |
| Jun 30, 2025 | 22.30% |
| Mar 31, 2025 | 20.09% |
| Dec 31, 2024 | 22.24% |
| Sep 30, 2024 | 20.79% |
| Jun 30, 2024 | 22.91% |
| Mar 31, 2024 | 23.21% |
| Dec 31, 2023 | 31.05% |
| Sep 30, 2023 | 24.87% |
| Jun 30, 2023 | 23.71% |
| Mar 31, 2023 | 23.49% |
| Dec 31, 2022 | 38.75% |
| Sep 30, 2022 | 17.55% |
| Jun 30, 2022 | 20.25% |
| Mar 31, 2022 | 23.83% |
| Dec 31, 2021 | 25.57% |
| Sep 30, 2021 | -101.64% |