Palomar Holdings
PLMR
$87.10
Share price
2.11%
Change (1 day)
73.99%
Change (1 year)
Categories
Operating Margin for Palomar Holdings (PLMR)
Operating Margin as of May 2024 (TTM): 23.05%
According to Palomar Holdings's latest financial reports and stock price the company's current Operating Margin is 23.05%. At the end of 2021 the company had an Operating Margin of 23.06%.
Operating Margin history for Palomar Holdings from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 23.06% | 524.23% |
| 2020 | 3.69% | -76.85% |
| 2019 | 15.96% | -36.07% |
| 2018 | 24.96% | 201.18% |
| 2017 | 8.29% | -43.63% |
| 2016 | 14.70% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 ProAssurance PRA | -0.56% | -102.43% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.