Palomar Holdings, Inc. Annual Return On Assets in % from 2019 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Palomar Holdings, Inc. quarterly/annual Return On Assets history and growth rate from 2019 to 2023.
  • Palomar Holdings, Inc. Return On Assets for the quarter ending June 30, 2024 was 5.33 %, a 26.9% increase year-over-year.
  • Palomar Holdings, Inc. annual Return On Assets for 2023 was 5.01 %, a 8.9% increase from 2022.
  • Palomar Holdings, Inc. annual Return On Assets for 2022 was 4.61 %, a 13.2% decline from 2021.
  • Palomar Holdings, Inc. annual Return On Assets for 2021 was 5.3 %, a 420% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 5.01 +0.41 +8.9% Jan 1, 2023 Dec 31, 2023
2022 4.61 -0.7 -13.2% Jan 1, 2022 Dec 31, 2022
2021 5.3 +4.28 +420% Jan 1, 2021 Dec 31, 2021
2020 1.02 -2.1 -67.4% Jan 1, 2020 Dec 31, 2020
2019 3.11 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.