Palomar Holdings Past Earnings Performance
Past criteria checks 5/6
Palomar Holdings has been growing earnings at an average annual rate of 41.2%, while the Insurance industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 30.8% per year. Palomar Holdings's return on equity is 16.8%, and it has net margins of 21.1%.
Key information
41.2%
Earnings growth rate
38.5%
EPS growth rate
| Insurance Industry Growth | 5.9% |
| Revenue growth rate | 30.8% |
| Return on equity | 16.8% |
| Net Margin | 21.1% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Palomar Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 376 | 79 | 15 | 0 |
| 30 Sep 23 | 359 | 72 | 14 | 0 |
| 30 Jun 23 | 349 | 58 | 13 | 0 |
| 31 Mar 23 | 338 | 55 | 12 | 0 |
| 31 Dec 22 | 327 | 52 | 12 | 0 |
| 30 Sep 22 | 312 | 50 | 11 | 0 |
| 30 Jun 22 | 299 | 46 | 9 | 0 |
| 31 Mar 22 | 277 | 44 | 7 | 0 |
| 31 Dec 21 | 248 | 46 | 6 | 0 |
| 30 Sep 21 | 217 | 27 | 4 | 0 |
| 30 Jun 21 | 194 | 11 | 3 | 0 |
| 31 Mar 21 | 180 | 11 | 3 | 0 |
| 31 Dec 20 | 168 | 6 | 2 | 0 |
| 30 Sep 20 | 161 | 19 | 2 | 0 |
| 30 Jun 20 | 146 | 42 | 2 | 0 |
| 31 Mar 20 | 129 | 37 | 25 | 0 |
| 31 Dec 19 | 113 | 11 | 24 | 0 |
| 30 Sep 19 | 94 | 4 | 24 | 0 |
| 30 Jun 19 | 83 | -2 | 23 | 0 |
| 31 Mar 19 | 77 | -2 | 0 | 0 |
| 31 Dec 18 | 73 | 18 | 0 | 0 |
| 31 Dec 17 | 59 | 4 | 0 | 0 |
| 31 Dec 16 | 43 | 7 | 0 | 0 |
Quality Earnings: PH8 has high quality earnings.
Growing Profit Margin: PH8's current net profit margins (21.1%) are higher than last year (15.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PH8's earnings have grown significantly by 41.2% per year over the past 5 years.
Accelerating Growth: PH8's earnings growth over the past year (51.8%) exceeds its 5-year average (41.2% per year).
Earnings vs Industry: PH8 earnings growth over the past year (51.8%) exceeded the Insurance industry 10%.
Return on Equity
High ROE: PH8's Return on Equity (16.8%) is considered low.