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2.34Debt to Equity Ratio
VS
Market
32
Sector
76
Industry
74
History
27
$ 115.44Close
$ 88.38 - $ 175.67 52-Week Range
Ticker Information

Ticker

PLMR

Company Name

PALOMAR HOLDINGS INC

Sector

Financial Services

Industry

Insurance - Property & Casualty

Exchange

NASDAQ

PALOMAR HOLDINGS INC - Debt to Equity Ratio Chart Analysis (TTM)

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PLMR - D/E Historical data
DateDebt to Equity RatioShareholders EquityTotal Liabilities
6/30/20252.34$ 847.2M$ 1.99B
3/31/20252.07$ 790.45M$ 1.64B
12/31/20242.1$ 729.03M$ 1.53B
9/30/20242.24$ 703.31M$ 1.57B
6/30/20242.79$ 532.61M$ 1.48B
3/31/20242.76$ 501.66M$ 1.38B
12/31/20232.62$ 471.25M$ 1.24B
9/30/20232.86$ 421.33M$ 1.21B
6/30/20232.74$ 413.71M$ 1.13B
3/31/20232.56$ 404.65M$ 1.04B
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Key Performance Insights, Last 5 Years

  • PALOMAR HOLDINGS INC's latest trailing twelve months (TTM) D/E stands at 0.93.
  • Over the past 5 years, PALOMAR HOLDINGS INC's average D/E has been 2.
  • The median D/E for PALOMAR HOLDINGS INC during this period was 2.17
  • PALOMAR HOLDINGS INC reached its highest D/E over the past 5 years at 2.86.
  • The lowest D/E recorded by PALOMAR HOLDINGS INC in the same timeframe 0.93

PALOMAR HOLDINGS INC's D/E vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

D/E Benchmarks
CompanyD/E
LMND : LEMONADE INC 2.67HCI : HCI GROUP INC 2.06NMIH : NMI HOLDINGS INC 0.48WSBC : WESBANCO INC 6.22CLSK : CLEANSPARK INC 0.44CATY : CATHAY GENERAL BANCORP 7.22INDB : INDEPENDENT BANK CORP 5.52CBU : COMMUNITY FINANCIAL SYSTEM INC 7.85SFNC : SIMMONS FIRST NATIONAL CORP 6.52FHB : FIRST HAWAIIAN INC 7.85

Definition of Debt to Equity Ratio

[Calculation] Debt to Equity (D/E) measures the ratio between a company’s [Liabilities] and [Equity]. A high ratio might indicate more risk.
Liabilities / Equity
(=) D/E
D/E for PALOMAR HOLDINGS INC is calculated as follows: Liabilities [ $ 337.86M ] / Equity [ $ 361.89M ]
(=) D/E [ 0.93 ]

PLMR - Debt to Equity Ratio, Last 5 years

0.93

Minimum

Sep 30, 2020

2.86

Maximum

Sep 30, 2023

2

Average

2.17

Median

D/E Benchmark Analysis

The chart above depicts the distribution of D/E for companies in the Total Stock Market. The average D/E of the companies is 1.4 with a standard deviation of 1.31.
The following table provides additional summary stats:
D/E in the Market:
filtered constituents3.29K
min0
max6.06
average1.4
median0.98
std1.31