Palomar Holdings (Palomar Holdings) Pre-Tax Income : $115.4 Mil (TTM As of Mar. 2024)

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What is Palomar Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Palomar Holdings's pretax income for the three months ended in Mar. 2024 was $34.4 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $115.4 Mil. Palomar Holdings's pretax margin was 28.98%.

During the past 8 years, Palomar Holdings's highest Pretax Margin was 28.47%. The lowest was 3.69%. And the median was 18.31%.

Palomar Holdings Pre-Tax Income Historical Data

The historical data trend for Palomar Holdings's Pre-Tax Income 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.

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Palomar Holdings Pre-Tax Income Chart

Palomar Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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18.08

6.22

57.14

67.55

103.64

Palomar Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															22.63	23.02	24.54	33.46	34.36

Competitive Comparison of Palomar Holdings's Pre-Tax Income

For the Insurance - Property & Casualty subindustry, Palomar Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Insurance Industry

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

* The bar in red indicates where Palomar Holdings's Pre-Tax Income falls into.

Palomar Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Palomar Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	103.642
	=	103.6

Palomar Holdings's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	34.356
	=	34.4

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $115.4 Mil.

Palomar Holdings (NAS:PLMR) Pre-Tax Income Explanation

Palomar Holdings's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	34.356	/	118.535
	=	28.98%

During the past 8 years, Palomar Holdings's highest Pretax Margin was 28.47%. The lowest was 3.69%. And the median was 18.31%.

Palomar Holdings Pre-Tax Income Related Terms

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Palomar Holdings (Palomar Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Palomar Holdings Inc (NAS:PLMR) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

PH8:Germany

Address

7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037

Website

https://plmr.com

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