The Tip Desk

Palomar Holdings, Inc.

Company Stats

Market Cap
$3.2B
as of Sep 30, 2026
Shares Outstanding
26.3M
Free Float
96.2%

Income Statement

Revenue
$876.0M
Net Income
$197.1M
Revenue Growth, 3Y
38.9%
FCF Margin, 3Y Avg
41.6%
FCF Margin, Worst Year
30.9%

Cash Flow

Free Cash Flow
$409.0M
FCF Yield
12.6%
Owner FCF Yield
12.0%

Balance Sheet

Cash & Equivalents
$106.9M

Returns & Capital

Share Repurchases
$37.3M
Buyback Yield, 3Y Avg
0.6%
SBC, 3Y Avg
$17.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$876.0M$409.0M46.7%
FY2024$553.9M$260.9M47.1%
FY2023$375.9M$116.1M30.9%
FY2022$327.1M$169.3M51.8%
FY2021$247.8M$87.8M35.4%

Annual filing data through FY ended December 31, 2025; shares and float as of November 4, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage