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% on a QoQ basis from 22.7% in Q4 2025.

Palomar Holdings (PLMR) Tax Rate (2018 - 2026) Analysis & Trends

Palomar Holdings (PLMR) has reported Tax Rate for 9 consecutive years, with 19.67% the latest figure, recorded in 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 came in at 19.67% for Q1 2026 at Palomar Holdings, 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.
  • Average Tax Rate over 5 years is 22.49%, with a median of 22.91% recorded in 2024.
  • Across the five-year window, Tax Rate jumped 11918 bps in 2022 and slumped 1340 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 24.89% in 2022, then rose by 25 bps to 31.05% in 2023, then tumbled by 43 bps to 17.65% in 2024, then advanced by 29 bps to 22.7% in 2025, then slipped by 13 bps to 19.67% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 19.67%, 22.7%, and 23.36% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 24.30%
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 20.98%
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 21.58%
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 15.95%
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 19.25%
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 20.91%
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -29.23%
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 23.54%
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 24.49%
10 Palomar Holdings 401,070.01 -56.14 Mn 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%