PLMR (Palomar Holdings) Policy Acquisition Expense: $261 Mil (As of Jun. 2026)

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PLMR Palomar Holdings Inc PLMR
90 GF Score
Price $134.03
GF Value $150.82
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Palomar Holdings Policy Acquisition Expense?

Palomar Holdings PLMR -1.69% 90 Policy Acquisition Expense is $261 Mil as of Jun. 2026. GuruFocus rates PLMR with a GF Score™ of 90/100 and a GF Value™ of $150.82 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Palomar Holdings's policy acquisition expense for the three months ended in Jun. 2026 was $71 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Jun. 2026 was $261 Mil.

Palomar Holdings Policy Acquisition Expense Historical Data

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The historical data trend for Palomar Holdings's Policy Acquisition Expense 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.

Palomar Holdings Policy Acquisition Expense Chart

Palomar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Policy Acquisition Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.43 110.77 107.75 149.66 217.13

Palomar Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Policy Acquisition Expense 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 51.64 56.27 62.87 70.32 71.26
PLMR
90GF Score
Palomar Holdings Inc PLMR
Policy Acquisition Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Palomar Holdings Policy Acquisition Expense Calculation

Expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc.

Policy Acquisition Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $261 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.

What does a Policy Acquisition Expense of $261 Mil mean?
Palomar Holdings (PLMR) has a Policy Acquisition Expense of $261 Mil as of Jun. 2026. Policy acquisition expenses are costs insurance companies incur through marketing and commissions. View historical data on Palomar Holdings and its competitors.
Is Palomar Holdings' Policy Acquisition Expense too high?
Palomar Holdings' current Policy Acquisition Expense is $261 Mil. Overall, Palomar Holdings has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palomar Holdings' Policy Acquisition Expense compare to LMND and SLDE?
Palomar Holdings' Policy Acquisition Expense of $261 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Policy Acquisition Expense for an Insurance company?
A good Policy Acquisition Expense depends on the Insurance industry context. However, Policy Acquisition Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Policy Acquisition Expense mean?
A high Policy Acquisition Expense can signal that a stock is expensive relative to its fundamentals. Policy acquisition expenses are costs insurance companies incur through marketing and commissions. View historical data on Palomar Holdings and its competitors. Palomar Holdings's current Policy Acquisition Expense is $261 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palomar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Palomar Holdings (PLMR) is currently considered Modestly Undervalued. The stock's GF Value™ is $150.82, compared to a current price of $134.03 — trading 11.1% below its estimated fair value. The current Policy Acquisition Expense is $261 Mil. Palomar Holdings' overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Policy Acquisition Expense calculated?
Policy Acquisition Expense is calculated from a company's financial statements. For Palomar Holdings (PLMR), the current Policy Acquisition Expense is $261 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Palomar Holdings (PLMR) Overvalued in 2026?

Based on GuruFocus' analysis, Palomar Holdings stock appears to be undervalued. The current stock price of $134.03 is trading 11.1% below its estimated GF Value™ of $150.82. GuruFocus considers Palomar Holdings to be Modestly Undervalued.

Key valuation signals for PLMR:

  • Policy Acquisition Expense: $261 Mil
  • GF Value™: $150.82 vs. price of $134.03 (11.1% below fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the PLMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Palomar Holdings Business Description

Other Exchanges PH8:Germany
Address 7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037
Palomar Holdings Inc that provides property and casualty insurance products to individuals and businesses. It provides insurance products serving five categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Company distribute products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. The company's Earthquake product generate high premium.
90GF Score

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Policy Acquisition Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$134.03
Price
$150.82
GF Value