Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.

Palomar Holdings, Inc.

As leaders in risk management for earthquakes, hurricanes, floods and other disasters, we take a fresh perspective on specialty property insurance. 

Palomar was founded in 2014 by seasoned insurance leaders with a vision for a better way to protect individuals and businesses with innovative specialty property insurance solutions. Our leadership team combines extensive insurance experience and expertise in specialty underwriting, reinsurance, program administration, distribution and analytics.

Every home, every business and every neighborhood is unique so Palomar uses more accurate risk measures and an extensive partner network to write tailored, geographically differentiated policies. Our goal is to provide every customer with economic resiliency.

Palomar 

Our journey from a smaller office on Prospect Street with less than 20 team members to where we proudly stand today has been truly remarkable.

George has been with us since 2014 and has contributed much to Palomar’s growth over the past ten years.

He clearly remembers a unique interview he had with one of Palomar's leaders and how instead of the usual office settings, they went for a walk by the beach. As they shared work and personal experiences, it became evident that at Palomar he would be surrounded by creative, professional, and forward-thinking people.

As we celebrate this significant milestone, we want to express our heartfelt gratitude to George and all our employees for their unwavering dedication and hard work.

An integral part of our team, offering valuable insights and contributing to our team's success, Natasha was our 21st employee and will celebrate her “10” next year, having been with Palomar for 9 years. Here is what she has to say about her time with Palomar:

“From our humble beginnings in the early days, a decade ago, when we were a small team with big ambitions, where we all wore more than one hat to accomplish our goals, we thrived and achieved amazing results!

We remain true to the company values and culture we have created here at Palomar and are always moving forward on the path to success, and together as a team, we work collectively to continue to exceed expectations and cultivate even greater results and accomplishments in years to come.

We’ve weathered (pun intended) storms, celebrated accomplishments, created new friendships, cultivated partnerships, increased product offerings, and grown stronger with each passing year. It’s been an incredible journey. Happy 10th Anniversary, Palomar!”


Happy Valentine’s Day❣️
#PalomarProtects #ValentinesDay #PalomarPride

In celebrating Palomar and its ten-year anniversary, Favi Whitaker fondly recalls the countless social gatherings that have enriched her working experience over the years. 

These events have not only provided opportunities to celebrate professional achievements but have also served as occasions to forge lasting personal connections with colleagues. 

WSIA, previously known as NAPSLO, holds a special place in Favi's heart, with one particular year standing out for its unforgettable cocktail party held in sweltering temperatures exceeding 100 degrees.

Another cherished memory is Favi's first golfing experience with the entire Palomar team. Despite any challenges on the green, the day was filled with camaraderie and laughter, culminating in a memorable outing that left a lasting impression on everyone involved.

On a more personal note, Favi has found meaning in the bonds formed with colleagues who have become like a second family. From witnessing the growth of families to celebrating weddings, these connections have added depth and warmth to Favi's time at Palomar, creating a sense of belonging that extends beyond the workplace.

As we look ahead to the next chapter of Palomar’s journey, we are grateful for Favi’s contributions and her additions to the rich tapestry of experiences that have shaped our company's story.

With educational resources from Palomar, #insuranceagents can help prepare their communities for earthquake and flood disasters. 

Our Frequently Asked Questions flyers answer common questions that arise around flood and earthquake insurance and are available in English and Spanish! 

Download and share our free resources with your clients today: 
https://hubs.li/Q02gWFdw0 


	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
asset turnover		0.32 -	0.32 0.00%	0.29 9.25%	0.23 19.35%	0.27 15.84%	0.25 5.92%	0.32 28.09%
cash per share		4.98 -	5.82 16.91%	11.64 99.89%	17.35 49.06%	18.97 9.34%	23.10 21.78%	28.03 21.31%
company equity multiplier		2.40 -	2.54 5.54%	1.81 28.63%	2.00 10.79%	2.35 17.16%	3.38 43.73%	2.47 26.74%
days of inventory outstanding
days of payables outstanding
days of sales outstanding		183.95 -	166.04 9.74%	172.33 3.79%	332.73 93.08%	361.37 8.61%	388.72 7.57%	523.11 34.57%
dividend yield				0.00 -
ebit per revenue	0.19 -	0.11 39.44%	0.28 150.55%	0.16 43.25%	0.04 76.85%	0.23 524.23%	0.21 9.28%	0.48 128.90%
ebt per ebit	0.79 -	0.74 6.93%	0.89 20.21%	1 12.64%	1 0%	1 0%	0.99 1.28%	0.58 41.68%
effective tax rate	-0.05 -	0.23 532.77%	-0.00 100.14%	0.41 125,301.57%	-0.01 101.32%	0.20 3,716.83%	0.23 15.22%	0.24 3.57%
enterprise value multiple		63.80 -	21.19 66.79%	57.54 171.54%	287.88 400.36%	26.35 90.85%	14.95 43.27%	306.10 1,947.86%
fixed asset turnover		71.91 -	77.05 7.16%	134.08 74.00%	227.96 70.02%	470.19 106.26%	542.43 15.36%	1.01K 85.80%
free cash flow per share	0.66 -	0.89 35.19%	0.99 11.38%	1.93 94.69%	1.86 3.64%	3.26 74.83%	6.48 98.96%	4.41 32.04%
gross profit margin	1 -	1 0%	1 0%	1 0%	1 0%	1 0%	1 0%	1 0%
interest coverage	4.84 -	3.82 21.01%	8.91 132.96%	16.93 90.00%		1.43K -	78.38 94.51%	47.68 39.16%
inventory turnover
long term debt to capitalization		0.18 -	0.17 3.28%					0.10 -
net income per ebt	1.05 -	0.77 27.15%	1.00 30.31%	0.59 41.27%	1.01 71.13%	0.80 20.20%	0.77 3.75%	0.76 1.05%
net profit margin	0.15 -	0.06 58.93%	0.25 292.47%	0.09 62.45%	0.04 60.38%	0.19 398.15%	0.16 13.79%	0.21 32.09%
operating cash flow per share	0.70 -	0.89 27.95%	1.01 12.64%	1.94 92.38%	2.15 11.02%	3.45 60.20%	6.72 94.77%	4.68 30.37%
operating profit margin	0.19 -	0.11 39.44%	0.28 150.55%	0.16 43.25%	0.04 76.85%	0.23 524.23%	0.21 9.28%	0.48 128.90%
payables turnover
pretax profit margin	0.15 -	0.08 43.63%	0.25 201.18%	0.16 36.07%	0.04 76.85%	0.23 524.23%	0.21 10.44%	0.28 33.49%
price fair value		5.48 -	4.71 13.99%	4.97 5.41%	6.08 22.31%	4.18 31.14%	2.96 29.18%	2.92 1.34%
receivables turnover		1.98 -	2.20 10.79%	2.12 3.65%	1.10 48.21%	1.01 7.92%	0.94 7.04%	0.70 25.69%
return on assets		0.02 -	0.08 292.47%	0.03 65.93%	0.01 68.05%	0.05 477.09%	0.04 18.89%	0.07 69.19%
return on capital employed		0.04 -	0.10 163.64%	0.05 50.97%	0.01 81.41%	0.07 626.64%	0.05 19.42%	0.20 272.13%
return on equity		0.05 -	0.20 314.21%	0.05 75.68%	0.02 64.60%	0.12 576.12%	0.14 16.58%	0.17 23.95%
total debt to capitalization		0.18 -	0.17 3.28%				0.09 -	0.18 111.15%

NASDAQ:PLMR

PLMR

Last Close

88.70

26/07 20:00

Market Cap

2.03B

Beta: 0.04

Volume Today

113.33K

Avg: 139.50K

PE Ratio

20.43

PFCF: 8.28

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