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Palomar Holdings Inc   (PLMR)
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Palomar Holdings Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Palomar Holdings Inc in the forth quarter 2023?
Palomar Holdings Inc achieved a return on average equity (ROE) of 18.52 % in its forth quarter 2023 a new company high.

ROE has advanced compared to 17.75% in the third quarter 2023, due to net income growth.

Within the Property & Casualty Insurance industry 10 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 346, from total ROE ranking in the third quarter 2023 at 745.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 22.48 % 14.54 % 9.43 % 6.37 % -
Y / Y Net Income Change 38.04 % 330.05 % 20.38 % 19.1 % 12.79 %
Net Income (TTM) in Millions 79 72 58 55 52
Return On Equity (TTM) 18.52 % 17.75 % 14.75 % 14.32 % 13.81 %
PLMR's Total Ranking # 346 # 745 # 1023 # 630 # 965
Equity (TTM) in Millions 471 421 414 405 385
Seq. Equity Change 11.85 % 1.84 % 2.24 % 5.17 % 4.6 %
Seq. Net Income Change 40.48 % 4.95 % 1.44 % -7.7 % 337.66 %

Return On Equity Company Ranking
Within: No.
Industry # 11
Sector # 69
Overall # 346

Return On Equity Statistics
High Average Low
18.52 %
11.03 %
1.84 %
(Dec 31 2023)   (Dec 31 2020)





PLMR Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 471 385 394 364 219
Y / Y Equity Change 22.48 % -2.39 % 8.37 % 66.42 % -
Net Income in Millions 79 52 46 6 11
Y / Y Net Income Change 51.81 % 13.79 % 632.73 % -41.09 % -
Return On Equity 16.81 % 13.56 % 11.63 % 1.72 % 4.86 %





Annual Roe Comment
In 2023 ROE improved to 16.81 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Property & Casualty Insurance Industry Roe Trends and Statistics
Financial Sector Return On Equity Statistics
PLMR's' Return on Equity at Yahoo Finance
PLMR's Roe Ratio versus Property & Casualty Insurance Industry, Financial Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for PLMR's Competitors
Return On Equity for Palomar Holdings Inc 's Suppliers
Roe for PLMR's Customers




Companies with similar Return On Equity at Dec 31 2023, within Financial Sector ROE
Moody s Corporation  48.73 %
Renaissancere Holdings Ltd   47.77 %
Lamar Advertising Co  41.97 %
Alexanders Inc  41.97 %
Union Bankshares Inc   41.13 %
Freedom Holding Corp   37.90 %
Cohen and Steers Inc   37.45 %
Equitable Holdings Inc   35.72 %
Kinsale Capital Group Inc   33.32 %
Marsh and Mclennan Companies Inc   32.16 %
Slm Corp  31.80 %
Everest Group Ltd   31.18 %
American Express Co  30.99 %
Hamilton Lane Inc  30.79 %
Molina Healthcare Inc   29.09 %
Arch Capital Group Ltd   28.56 %
Erie Indemnity Company  28.29 %
Atlanticus Holdings Corp  27.68 %
Regions Financial Corporation  27.29 %
Federated Hermes Inc   27.28 %
Cme Group Inc   26.67 %
Unitedhealth Group Incorporated  25.92 %
Bread Financial Holdings Inc   25.57 %
Federal National Mortgage Association Fannie Mae  24.48 %
Federal Home Loan Mortgage Corporation  24.31 %
Pathward Financial Inc   24.21 %
Enstar Group Ltd  23.95 %
Westamerica Bancorporation  23.82 %
Manhattan Bridge Capital Inc   23.79 %
Globe Life Inc   22.93 %


Date modified: 2024-02-24T15:43:43+00:00



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