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Palomar Holdings, Inc. balance sheet

At the end of fiscal 2025, Palomar Holdings, Inc. had total assets of $3.05bn, total liabilities of $2.11bn and shareholders' equity of $943m. It held $107m in cash against $0 of debt: net cash of $107m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents111033345068528010763
Goodwill—————0443016
Total assets—2313957299261,3061,7082,2623,0513,964
Long-term debt————————0296
Total debt000000000296
Total liabilities—1351773655329221,2371,5332,1082,983
Shareholders' equity7896219364394385471729943981
Net debt (negative = net cash)−11−10−33−34−50−68−52−80−107233
Shares outstanding—17m23m26m25m25m25m27m27m26m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Palomar Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Palomar Holdings, Inc.