Pelagos Insurance Capital Limited (PLGO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PLGO SEC filings page.
Pelagos Insurance Capital Limited (PLGO) reported $2.5B in revenue over the twelve months to Jun 30, 2026, down 3.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Pelagos Insurance Capital Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. Pelagos Insurance Capital Limited scores 79/100 on it among other insurers.
Pelagos Insurance Capital Limited reported revenue of $2.5B in fiscal year 2025, against $2.4B in fiscal year 2024. Premium Growth ranks insurers on the three-year path of the premiums they write rather than on total revenue, and Pelagos Insurance Capital Limited scores 82/100 among other insurers.
Pelagos Insurance Capital Limited funded 19.3% of its assets with shareholders' equity at the end of fiscal year 2025, holding $2.4B of equity against $12.4B of assets. Capital ranks insurers on that cushion, and Pelagos Insurance Capital Limited scores 32/100 among other insurers.
Not available for Pelagos Insurance Capital Limited, and counted as zero in the overall score.
Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. Pelagos Insurance Capital Limited scores 64/100 on it among other insurers.
Pelagos Insurance Capital Limited reported net income of $225.5M in fiscal year 2025, against $113.3M in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and Pelagos Insurance Capital Limited scores 19/100 among other insurers.
Pelagos Insurance Capital Limited passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Pelagos Insurance Capital Limited used $1.81 of operating cash (-$408.3M OCF vs $225.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Pelagos Insurance Capital Limited generated $650.0M in revenue in Q2 2026. This represents an increase of 10.3% from the same quarter a year earlier. Against the prior quarter it is up 6.5%.
Pelagos Insurance Capital Limited reported $44.4M in net income in Q2 2026. This represents an increase of 125.4% from the same quarter a year earlier. Against the prior quarter it is down 58.9%.
Pelagos Insurance Capital Limited earned $0.52 per diluted share (EPS) in Q2 2026. This represents an increase of 188.9% from the same quarter a year earlier. Against the prior quarter it is down 54.8%.
Not reported for Q2 2026.
Cash & Balance Sheet
Pelagos Insurance Capital Limited recorded an outflow of $26.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 92.6% from the same quarter a year earlier. Against the prior quarter it is down 109.8%.
Pelagos Insurance Capital Limited held $444.3M in cash against $720.5M in long-term debt as of Q2 2026.
Pelagos Insurance Capital Limited paid $0.15 per share in dividends in Q2 2026. This represents an increase of 50.0% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Pelagos Insurance Capital Limited's net profit margin was 6.8% in Q2 2026, showing the share of revenue converted to profit. This is up 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.9 percentage points.
Pelagos Insurance Capital Limited's ROE was 2.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.8 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Pelagos Insurance Capital Limited spent $60.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 32.2% from the same quarter a year earlier. Against the prior quarter it is down 72.6%.
Pelagos Insurance Capital Limited invested $200K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 50.0%.
Not reported for Q2 2026.
PLGO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q1'2610-Q | Q4'256-K | Q3'2510-Q | Q2'256-K | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $650.0M+10.3% | $610.6M-7.3% | $600.9M-10.8% | $651.9M-5.0% | $589.3M+9.1% | $658.4M+26.6% | $673.8M+21.7% | $686.1M+27.6% |
| SG&A Expenses | $29.3M+31.4% | $29.2M+32.7% | $25.1M+6.4% | $27.2M+19.8% | $22.3M-8.6% | $22.0M-6.8% | $23.6M-8.2% | $22.7M+4.1% |
| Income Tax | $8.5M+240.0% | -$4.9M+37.2% | $25.1M+245.1% | $30.3M+75.1% | $2.5M-72.8% | -$7.8M-156.1% | -$17.3M+83.1% | $17.3M+119.0% |
| Net Income | $44.4M+125.4% | $108.0M+354.1% | $117.8M+196.4% | $130.5M+29.7% | $19.7M-63.3% | -$42.5M-152.3% | -$122.2M-153.5% | $100.6M+14.7% |
| EPS (Basic) | $0.53+194.4% | $1.16+405.3% | $1.12+207.7% | $1.25+42.0% | $0.18-60.9% | -$0.38-155.1% | -$1.04-157.5% | $0.88+17.3% |
| EPS (Diluted) | $0.52+188.9% | $1.15+402.6% | $1.12+207.7% | $1.24+40.9% | $0.18-60.9% | -$0.38-155.1% | -$1.04-156.8% | $0.88+18.9% |
| Diluted Shares (Avg) | 85M-22.0% | 94M-16.0% | N/A | 105M-8.5% | 109M-7.2% | 112M-5.8% | N/A | 115M-2.7% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Interest Expense.
PLGO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q1'2610-Q | Q4'256-K | Q3'2510-Q | Q2'256-K | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.0B+7.7% | $13.7B+7.4% | $12.4B+5.8% | $12.5B+6.9% | $13.0B+8.9% | $12.8B+13.4% | $11.8B+17.3% | $11.7B |
| Cash & Equivalents | $444.3M-51.7% | $895.4M+22.1% | $873.0M+17.5% | $892.5M+10.6% | $919.4M+46.3% | $733.4M+9.2% | $743.0M+4.3% | $806.8M+41.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $661.7M+147.2% | $607.5M+200.7% | $485.7M+141.6% | $397.4M+716.0% | $267.7M+472.0% | $202.0M+329.8% | $201.0M+323.2% | $48.7M |
| Total Liabilities | $11.8B+10.4% | $11.5B+10.4% | $10.0B+7.8% | $10.1B+11.3% | $10.7B+13.5% | $10.4B+18.6% | $9.3B+22.9% | $9.1B |
| Long-Term Debt | $720.5M-14.5% | $843.5M+87.8% | $843.2M+87.8% | $842.9M+87.8% | $842.6M+87.8% | $449.1M+0.2% | $448.9M+0.2% | $448.8M |
| Total Equity | $2.2B-4.4% | $2.3B-5.7% | $2.4B-2.0% | $2.4B-8.2% | $2.3B-8.2% | $2.4B-5.0% | $2.4B-0.1% | $2.6B+21.9% |
| Retained Earnings | $802.5M+75.0% | $770.8M+71.3% | $675.9M+34.2% | $573.3M-10.0% | $458.5M-16.3% | $449.9M-11.1% | $503.6M+15.3% | $636.9M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
PLGO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q1'2610-Q | Q4'256-K | Q3'2510-Q | Q2'256-K | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$26.5M+92.6% | $274.0M+163.3% | $228.8M+81.4% | $155.2M-51.3% | -$359.2M-272.3% | -$433.1M-1126.9% | $126.1M-36.1% | $318.9M+113.6% |
| Depreciation & Amortization | -$2.1M+56.3% | -$3.5M+39.7% | -$3.9M+22.0% | -$4.7M-2.2% | -$4.8M-71.4% | -$5.8M-262.5% | -$5.0M-2600.0% | -$4.6M |
| Stock-Based Compensation | N/A | $1.7M+30.8% | N/A | N/A | N/A | $1.3M-58.1% | N/A | N/A |
| Capital Expenditures | $200K+100.0% | $400K+33.3% | $200K-71.4% | $600K-64.7% | $100K-94.7% | $300K0.0% | $700K-84.8% | $1.7M |
| Free Cash Flow | -$26.7M+92.6% | $273.6M+163.1% | $228.6M+82.3% | $154.6M-51.3% | -$359.3M-273.9% | -$433.4M-1117.4% | $125.4M-35.0% | $317.2M+112.5% |
| Investing Cash Flow | -$318.3M-207.9% | -$224.7M-150.5% | $64.5M+135.8% | -$121.4M-42.2% | $294.9M+252.3% | $444.7M+2778.9% | -$180.2M-160.4% | -$85.4M+73.8% |
| Financing Cash Flow | -$197.8M-184.6% | -$234.1M-605.1% | -$133.6M-1092.9% | -$47.3M+40.4% | $233.9M+603.0% | -$33.2M-97.6% | -$11.2M | -$79.4M-188.8% |
| Dividends Paid | $12.5M+14.7% | $13.3M+19.8% | $14.9M+33.0% | $15.4M+33.9% | $10.9M-6.8% | $11.1M-5.9% | $11.2M | $11.5M |
| Share Buybacks | $60.1M-32.2% | $219.4M+892.8% | $118.7M | $31.9M-53.0% | $88.7M+172.1% | $22.1M+342.0% | $0 | $67.9M |
PLGO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q1'2610-Q | Q4'256-K | Q3'2510-Q | Q2'256-K | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 6.8%+3.5pp | 17.7%+24.1pp | 19.6%+37.7pp | 20.0%+5.4pp | 3.3%-6.6pp | -6.5%-22.1pp | -18.1%-59.4pp | 14.7%-1.7pp |
| Return on Equity | 2.0%+1.1pp | 4.8%+6.6pp | 4.9%+9.9pp | 5.4%+1.6pp | 0.9%-1.3pp | -1.8%-5.0pp | -5.0%-14.3pp | 3.8%-0.2pp |
| Return on Assets | 0.3%+0.2pp | 0.8%+1.1pp | 0.9%+2.0pp | 1.0%+0.2pp | 0.1%-0.3pp | -0.3%-1.0pp | -1.0%-3.3pp | 0.9% |
| Debt-to-Equity | 0.320.0x | 0.37+0.2x | 0.35+0.2x | 0.35+0.2x | 0.36+0.2x | 0.190.0x | 0.180.0x | 0.17 |
| Asset Turnover | 0.050.0x | 0.040.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.060.0x | 0.06 |
| FCF Margin | -4.1%+56.9pp | 44.8%+110.6pp | 38.0%+19.4pp | 23.7%-22.5pp | -61.0%-99.2pp | -65.8%-59.0pp | 18.6%-16.2pp | 46.2%+18.4pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Where Pelagos Insurance Capital Limited Ranks
Frequently Asked Questions
What is Pelagos Insurance Capital Limited's annual revenue?
Pelagos Insurance Capital Limited (PLGO) reported $2.5B in total revenue for fiscal year 2025. This represents a 3.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Pelagos Insurance Capital Limited's revenue growing?
Pelagos Insurance Capital Limited (PLGO) revenue grew by 3.3% year-over-year, from $2.4B to $2.5B in fiscal year 2025.
Is Pelagos Insurance Capital Limited profitable?
Yes, Pelagos Insurance Capital Limited (PLGO) reported a net income of $225.5M in fiscal year 2025, with a net profit margin of 9.0%.
How much debt does Pelagos Insurance Capital Limited have?
As of fiscal year 2025, Pelagos Insurance Capital Limited (PLGO) had $873.0M in cash and equivalents against $843.2M in long-term debt.
What is Pelagos Insurance Capital Limited's net profit margin?
Pelagos Insurance Capital Limited (PLGO) had a net profit margin of 9.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Pelagos Insurance Capital Limited pay dividends?
Yes, Pelagos Insurance Capital Limited (PLGO) paid $0.50 per share in dividends during fiscal year 2025.
What is Pelagos Insurance Capital Limited's return on equity (ROE)?
Pelagos Insurance Capital Limited (PLGO) has a return on equity of 9.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Pelagos Insurance Capital Limited's free cash flow?
Pelagos Insurance Capital Limited (PLGO) recorded an outflow of $409.5M in free cash flow during fiscal year 2025. This represents a -166.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Pelagos Insurance Capital Limited's operating cash flow?
Pelagos Insurance Capital Limited (PLGO) recorded an outflow of $408.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Pelagos Insurance Capital Limited's total assets?
Pelagos Insurance Capital Limited (PLGO) had $12.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Pelagos Insurance Capital Limited's capital expenditures?
Pelagos Insurance Capital Limited (PLGO) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Pelagos Insurance Capital Limited's debt-to-equity ratio?
Pelagos Insurance Capital Limited (PLGO) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Pelagos Insurance Capital Limited's return on assets (ROA)?
Pelagos Insurance Capital Limited (PLGO) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Pelagos Insurance Capital Limited's P/E ratio?
Pelagos Insurance Capital Limited (PLGO) trades at 5.3x earnings, its market capitalization divided by net income of $400.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.1B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Pelagos Insurance Capital Limited's price-to-sales ratio?
Pelagos Insurance Capital Limited (PLGO) trades at 0.8x sales, its market capitalization divided by revenue of $2.5B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.1B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Pelagos Insurance Capital Limited's Piotroski F-Score?
Pelagos Insurance Capital Limited (PLGO) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Pelagos Insurance Capital Limited's earnings high quality?
For every $1 of reported earnings, Pelagos Insurance Capital Limited (PLGO) used $1.81 of operating cash (-$408.3M OCF vs $225.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Pelagos Insurance Capital Limited?
Pelagos Insurance Capital Limited (PLGO) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.