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Palomar Holdings (Palomar Holdings) Revenue : $375.9 Mil (TTM As of Dec. 2023)


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What is Palomar Holdings Revenue?

Palomar Holdings's revenue for the three months ended in Dec. 2023 was $105.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $375.9 Mil. Palomar Holdings's Revenue per Share for the three months ended in Dec. 2023 was $4.17. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $14.85.

Warning Sign:

Palomar Holdings Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Palomar Holdings was 17.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 31.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 35.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Palomar Holdings's highest 3-Year average Revenue per Share Growth Rate was 43.30% per year. The lowest was 31.10% per year. And the median was 35.80% per year.


Palomar Holdings Revenue Historical Data

The historical data trend for Palomar Holdings's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palomar Holdings Revenue Chart

Palomar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 113.30 168.46 247.79 327.09 375.93

Palomar Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.63 89.20 90.40 90.94 105.39

Competitive Comparison of Palomar Holdings's Revenue

For the Insurance - Property & Casualty subindustry, Palomar Holdings's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Palomar Holdings's Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Palomar Holdings's Revenue distribution charts can be found below:

* The bar in red indicates where Palomar Holdings's Revenue falls into.



Palomar Holdings Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $375.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Palomar Holdings  (NAS:PLMR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Palomar Holdings Revenue Related Terms

Thank you for viewing the detailed overview of Palomar Holdings's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Palomar Holdings (Palomar Holdings) Business Description

Traded in Other Exchanges
Address
7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037
Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.
Executives
T Christopher Uchida officer: Chief Financial Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jon Christianson officer: Chief Operating Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Angela L. Grant officer: Chief Legal Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Michelle Antoinette Johnson officer: Senior VP, People & Talent 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jonathan Knutzen officer: Chief Risk Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92121
Mac Armstrong director, officer: Chief Executive Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
William Bold officer: Chief Strategy Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Heath A Fisher officer: President 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Martha Notaras director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Robert E Dowdell director
Daina Middleton director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Richard H Taketa director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Britt Morries officer: Chief Operating Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Andrew T Robinson officer: Chief Underwriting Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Daryl Bradley director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037

Palomar Holdings (Palomar Holdings) Headlines