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
DateValue
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%