PLMRPalomar Holdings, Inc.
Fire, Marine & Casualty Insurance
- Revenue
- $876M
- 58% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $233M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear208% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear9% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $248M | $327M | $376M | $554M | $876M | 58% |
| Net income | $46M | $52M | $79M | $118M | $197M | 68% |
| Operating cash flow | $88M | $170M | $116M | $261M | $409M | 57% |
| Capex | $18K | $313K | $15K | $243K | $137K | 44% |
| Stock-based comp | $6M | $12M | $15M | $17M | $21M | 26% |
| Buybacks | $16M | $34M | $22M | $0 | $37M |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $135 · 1
- Open-market sells, 12 mo
- $1M · 6
- Net
- −$1M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $9M | $20M | 155 | 154 |
| FY2024 | $5M | $19M | 122 | 155 |
| FY2023 | $4M | $5M | 64 | 125 |
| FY2022 | $3M | −$1M | 52 | 115 |
| FY2021 | $19M | $17M | 73 | 113 |