Palomar Holdings (PLMR) Tax Rate (2018 - 2026)
Palomar Holdings (PLMR) reported Tax Rate of 19.67% for Q1 2026, down 42.0% on a YoY basis from 33.91% in Q1 2025, and down 13.36% quarter-over-quarter from 22.7% in Q4 2025.
Palomar Holdings (PLMR) Tax Rate (2018 - 2026) Analysis & Trends
Palomar Holdings has reported Tax Rate for 9 years, with the latest figure at 19.67% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 42.0% year-over-year to 19.67%; the trailing twelve-month figure through Mar 2026 stood at 22.14% (up 198.0% YoY), and the FY2025 full-year result 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.
- Historically, Tax Rate has averaged 22.49% across 5 years, with a median of 22.91% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 11918 bps — and 2024, when it sank 1340 bps.
- Palomar Holdings' Tax Rate stood at 24.89% in 2022, then advanced by 25 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.
- The last three Tax Rate figures came in at 19.67% (Q1 2026), 22.7% (Q4 2025), and 23.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 21.58% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 20.98% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 19.25% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 20.91% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 16.32% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 15.95% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 24.30% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 23.54% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 18.33% |
| 10 | Palomar Holdings | 2.88 Bn | 2.83 Bn | 191.84 Mn | 19.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.67% |
| Mar 31, 2026 | 19.67% |
| Dec 31, 2025 | 22.70% |
| Dec 31, 2025 | 22.70% |
| Sep 30, 2025 | 23.36% |
| Sep 30, 2025 | 23.36% |
| Jun 30, 2025 | 22.30% |
| Jun 30, 2025 | 22.30% |
| Mar 31, 2025 | 20.09% |
| Mar 31, 2025 | 20.09% |
| Dec 31, 2024 | 17.65% |
| Dec 31, 2024 | 17.65% |
| Sep 30, 2024 | 20.79% |
| Sep 30, 2024 | 20.79% |
| Jun 30, 2024 | 22.91% |
| Jun 30, 2024 | 22.91% |
| Mar 31, 2024 | 23.21% |
| Mar 31, 2024 | 23.21% |
| Dec 31, 2023 | 31.05% |
| Dec 31, 2023 | 31.05% |