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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) 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 $143.3M, roughly 1.8× Piedmont Realty Trust, Inc.). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs 0.4%). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs 0.0%).
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
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.
PDM vs PLMR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.3M | $253.4M |
| Net Profit | $-45.0M | — |
| Gross Margin | — | — |
| Operating Margin | — | 28.7% |
| Net Margin | -31.4% | — |
| Revenue YoY | 0.4% | 62.7% |
| Net Profit YoY | -27.9% | — |
| EPS (diluted) | $-0.10 | $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.
| Q1 26 | $143.3M | — | ||
| Q4 25 | $142.9M | $253.4M | ||
| Q3 25 | $139.2M | $244.7M | ||
| Q2 25 | $140.3M | $203.3M | ||
| Q1 25 | $142.7M | $174.6M | ||
| Q4 24 | $143.2M | $155.8M | ||
| Q3 24 | $139.3M | $148.5M | ||
| Q2 24 | $143.3M | $131.1M |
| Q1 26 | $-45.0M | — | ||
| Q4 25 | $-43.2M | — | ||
| Q3 25 | $-13.5M | $51.5M | ||
| Q2 25 | $-16.8M | $46.5M | ||
| Q1 25 | $-10.1M | $42.9M | ||
| Q4 24 | $-30.0M | — | ||
| Q3 24 | $-11.5M | $30.5M | ||
| Q2 24 | $-9.8M | $25.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.7% | ||
| Q3 25 | — | 27.4% | ||
| Q2 25 | — | 29.5% | ||
| Q1 25 | — | 30.8% | ||
| Q4 24 | — | 28.9% | ||
| Q3 24 | — | 25.9% | ||
| Q2 24 | — | 25.5% |
| Q1 26 | -31.4% | — | ||
| Q4 25 | -30.3% | — | ||
| Q3 25 | -9.7% | 21.0% | ||
| Q2 25 | -12.0% | 22.9% | ||
| Q1 25 | -7.1% | 24.6% | ||
| Q4 24 | -20.9% | — | ||
| Q3 24 | -8.3% | 20.5% | ||
| Q2 24 | -6.8% | 19.6% |
| Q1 26 | $-0.10 | — | ||
| Q4 25 | $-0.34 | $2.05 | ||
| Q3 25 | $-0.11 | $1.87 | ||
| Q2 25 | $-0.14 | $1.68 | ||
| Q1 25 | $-0.08 | $1.57 | ||
| Q4 24 | $-0.25 | $1.29 | ||
| Q3 24 | $-0.09 | $1.15 | ||
| Q2 24 | $-0.08 | $1.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.3M | $106.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $942.7M |
| Total Assets | $4.0B | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.3M | — | ||
| Q4 25 | $731.0K | $106.9M | ||
| Q3 25 | $3.0M | $111.7M | ||
| Q2 25 | $3.3M | $81.3M | ||
| Q1 25 | $2.9M | $119.3M | ||
| Q4 24 | $109.6M | $80.4M | ||
| Q3 24 | $133.6M | $86.5M | ||
| Q2 24 | $138.5M | $47.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $942.7M | ||
| Q3 25 | $1.5B | $878.1M | ||
| Q2 25 | $1.5B | $847.2M | ||
| Q1 25 | $1.6B | $790.4M | ||
| Q4 24 | $1.6B | $729.0M | ||
| Q3 24 | $1.6B | $703.3M | ||
| Q2 24 | $1.7B | $532.6M |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $3.1B | ||
| Q3 25 | $4.0B | $2.9B | ||
| Q2 25 | $4.0B | $2.8B | ||
| Q1 25 | $4.0B | $2.4B | ||
| Q4 24 | $4.1B | $2.3B | ||
| Q3 24 | $4.1B | $2.3B | ||
| Q2 24 | $4.2B | $2.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | — | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.40× | — | ||
| Q4 24 | 1.40× | — | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 1.34× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $409.1M |
| Free Cash FlowOCF − Capex | — | $409.0M |
| FCF MarginFCF / Revenue | — | 161.4% |
| Capex IntensityCapex / Revenue | 110.3% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $700.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.6M | $409.1M | ||
| Q3 25 | $35.8M | $83.6M | ||
| Q2 25 | $50.1M | $120.9M | ||
| Q1 25 | $3.7M | $87.2M | ||
| Q4 24 | $198.1M | $261.2M | ||
| Q3 24 | $42.9M | $100.3M | ||
| Q2 24 | $66.8M | $55.1M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | 110.3% | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.63× | ||
| Q2 25 | — | 2.60× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 2.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
