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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) and Palomar Holdings, Inc. (PLMR). Click either name above to swap in a different company.

Palomar Holdings, Inc. is the larger business by last-quarter revenue ($253.4M vs $216.6M, roughly 1.2× HighPeak Energy, Inc.). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs -23.3%). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.

HPK vs PLMR — Head-to-Head

Bigger by revenue
PLMR
PLMR
1.2× larger
PLMR
$253.4M
$216.6M
HPK
Growing faster (revenue YoY)
PLMR
PLMR
+86.0% gap
PLMR
62.7%
-23.3%
HPK
Faster 2-yr revenue CAGR
PLMR
PLMR
Annualised
PLMR
46.2%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HPK
HPK
PLMR
PLMR
Revenue
$216.6M
$253.4M
Net Profit
$-25.2M
Gross Margin
Operating Margin
-7.6%
28.7%
Net Margin
-11.6%
Revenue YoY
-23.3%
62.7%
Net Profit YoY
-380.7%
EPS (diluted)
$-0.16
$2.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HPK
HPK
PLMR
PLMR
Q4 25
$216.6M
$253.4M
Q3 25
$188.9M
$244.7M
Q2 25
$200.4M
$203.3M
Q1 25
$257.4M
$174.6M
Q4 24
$282.6M
$155.8M
Q3 24
$271.6M
$148.5M
Q2 24
$275.3M
$131.1M
Q1 24
$287.8M
$118.5M
Net Profit
HPK
HPK
PLMR
PLMR
Q4 25
$-25.2M
Q3 25
$-18.3M
$51.5M
Q2 25
$26.2M
$46.5M
Q1 25
$36.3M
$42.9M
Q4 24
$9.0M
Q3 24
$49.9M
$30.5M
Q2 24
$29.7M
$25.7M
Q1 24
$6.4M
$26.4M
Operating Margin
HPK
HPK
PLMR
PLMR
Q4 25
-7.6%
28.7%
Q3 25
17.3%
27.4%
Q2 25
21.7%
29.5%
Q1 25
35.1%
30.8%
Q4 24
26.1%
28.9%
Q3 24
27.0%
25.9%
Q2 24
31.7%
25.5%
Q1 24
35.8%
29.0%
Net Margin
HPK
HPK
PLMR
PLMR
Q4 25
-11.6%
Q3 25
-9.7%
21.0%
Q2 25
13.1%
22.9%
Q1 25
14.1%
24.6%
Q4 24
3.2%
Q3 24
18.4%
20.5%
Q2 24
10.8%
19.6%
Q1 24
2.2%
22.3%
EPS (diluted)
HPK
HPK
PLMR
PLMR
Q4 25
$-0.16
$2.05
Q3 25
$-0.15
$1.87
Q2 25
$0.19
$1.68
Q1 25
$0.26
$1.57
Q4 24
$0.06
$1.29
Q3 24
$0.35
$1.15
Q2 24
$0.21
$1.00
Q1 24
$0.05
$1.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HPK
HPK
PLMR
PLMR
Cash + ST InvestmentsLiquidity on hand
$162.1M
$106.9M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$942.7M
Total Assets
$3.2B
$3.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
PLMR
PLMR
Q4 25
$162.1M
$106.9M
Q3 25
$164.9M
$111.7M
Q2 25
$21.9M
$81.3M
Q1 25
$51.6M
$119.3M
Q4 24
$86.6M
$80.4M
Q3 24
$135.6M
$86.5M
Q2 24
$157.9M
$47.8M
Q1 24
$173.4M
$61.4M
Total Debt
HPK
HPK
PLMR
PLMR
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
HPK
HPK
PLMR
PLMR
Q4 25
$1.6B
$942.7M
Q3 25
$1.6B
$878.1M
Q2 25
$1.7B
$847.2M
Q1 25
$1.6B
$790.4M
Q4 24
$1.6B
$729.0M
Q3 24
$1.6B
$703.3M
Q2 24
$1.6B
$532.6M
Q1 24
$1.5B
$501.7M
Total Assets
HPK
HPK
PLMR
PLMR
Q4 25
$3.2B
$3.1B
Q3 25
$3.2B
$2.9B
Q2 25
$3.1B
$2.8B
Q1 25
$3.1B
$2.4B
Q4 24
$3.1B
$2.3B
Q3 24
$3.1B
$2.3B
Q2 24
$3.1B
$2.0B
Q1 24
$3.1B
$1.9B
Debt / Equity
HPK
HPK
PLMR
PLMR
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×
Q1 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HPK
HPK
PLMR
PLMR
Operating Cash FlowLast quarter
$93.1M
$409.1M
Free Cash FlowOCF − Capex
$409.0M
FCF MarginFCF / Revenue
161.4%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$700.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPK
HPK
PLMR
PLMR
Q4 25
$93.1M
$409.1M
Q3 25
$120.2M
$83.6M
Q2 25
$141.2M
$120.9M
Q1 25
$157.1M
$87.2M
Q4 24
$139.5M
$261.2M
Q3 24
$177.1M
$100.3M
Q2 24
$202.3M
$55.1M
Q1 24
$171.4M
$33.1M
Free Cash Flow
HPK
HPK
PLMR
PLMR
Q4 25
$409.0M
Q3 25
$83.6M
Q2 25
$120.8M
Q1 25
$87.1M
Q4 24
$260.9M
Q3 24
$100.1M
Q2 24
Q1 24
FCF Margin
HPK
HPK
PLMR
PLMR
Q4 25
161.4%
Q3 25
34.2%
Q2 25
59.4%
Q1 25
49.9%
Q4 24
167.5%
Q3 24
67.4%
Q2 24
Q1 24
Capex Intensity
HPK
HPK
PLMR
PLMR
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
HPK
HPK
PLMR
PLMR
Q4 25
Q3 25
1.63×
Q2 25
5.39×
2.60×
Q1 25
4.32×
2.03×
Q4 24
15.53×
Q3 24
3.55×
3.29×
Q2 24
6.81×
2.14×
Q1 24
26.63×
1.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

PLMR
PLMR

Segment breakdown not available.

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