Pelagos Insurance Capital Limit PLGO R2K

Financial Services · Insurance - Diversified · Bermuda

https://www.pelagosinsurancecapital.com

Pelagos Insurance Capital Limited provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in two segments: Insurance and Reinsurance. The Insurance segment offers property, marine, asset backed finance and portfolio credit, aviation and aerospace, political risk, violence and terror, energy, cyber, and other insurance risks products. The Reinsurance segment provides property, retrocession, and whole account reinsurance solutions. The company was formerly known as Fidelis Insurance Holdings Limited and changed its name to Pelagos Insurance Capital Limited in May 2026. Pelagos Insurance Capital Limited was incorporated in 2014 and is headquartered in Pembroke, Bermuda.

Market & Price

Market Cap

$1.85B

Current Price

$21.58

High / Low (52W)

$23.65 / $14.75

Beta

0.37

Valuation

Stock P/E

5.93

Industry PE

12.01

Forward P/E

5.29

PEG Ratio

Book Value

$24.83

Price to Book

0.87

P/S

0.75

EV/EBITDA

Dividend Yield

2.78%

Profitability & Returns

ROCE

ROE

16.19%

ROA

2.27%

Profit Margin

15.33%

Op Margin

19.31%

EPS (Latest Qtr)

$1.15

EPS (TTM)

$3.64

Balance Sheet & Liquidity

Debt/Equity

0.37

Quick Ratio

0.68

Current Ratio

1.15

Debt

$843.50M

Total Assets

$12.44B

Current Assets

Working Capital

Ownership

Promoter Holding

15.70%

Chg in Prom Hold

FII / Inst Holding

81.50%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$1.63B

Total Revenue (TTM)

$2.45B

EBITDA

Free Cash Flow

$840.71M

Operating Cash Flow

$298.80M

Shares Outstanding

85.50M

Gross Margin

23.86%

Payout Ratio

15.11%

Growth (CAGR)

Revenue 5Y

12.73%

Profit 5Y

62.45%

Revenue (YoY)

-7.30%

Earnings (YoY)

PROS

Compounding revenue at 12.7% over 5 years.
Profit CAGR of 62.5% over 5 years.
Attractive dividend yield of 2.78%.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	PLGO Pelagos Insurance Capital Limit R2K	21.58	5.93	$1.85B	2.78%	-	16.19%	12.73%	62.45%
2	JPM JPMorgan Chase & Co. SPX	299.31	14.33	$802.00B	2.00%	-	16.47%	12.50%	14.83%
3	V Visa Inc. SPX	326.36	28.48	$620.65B	0.82%	38.38%	60.35%	10.92%	10.28%
4	MA Mastercard Incorporated SPX	493.98	28.57	$436.47B	0.70%	61.47%	-	13.82%	14.66%
5	MS Morgan Stanley SPX	208.00	18.84	$328.08B	1.92%	-	16.39%	9.52%	15.20%
6	GS The Goldman Sachs Group, Inc. SPX	1,025.56	18.73	$302.55B	1.76%	-	14.55%	7.16%	15.11%
7	WFC Wells Fargo & Company SPX	77.54	11.98	$237.29B	2.32%	-	12.03%	4.02%	15.98%
8	BLK BlackRock, Inc. SPX	1,046.88	26.32	$162.51B	2.19%	4.89%	11.90%	10.65%	2.36%
9	SCHW The Charles Schwab Corporation SPX	87.35	17.37	$151.91B	1.47%	-	19.08%	4.83%	7.21%

Quarterly Results

Figures in USD.

Metric	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	655.90M	591.30M	650.20M	274.80M	610.50M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-
Operating Income	-	-41.60M	31.50M	175.90M	157.50M	117.80M
EBITDA	-	-	-	-	-	-
Interest Expense	-	8.70M	9.30M	15.10M	14.60M	14.70M
Pretax Income	-	-50.30M	22.20M	160.80M	142.90M	103.10M
Tax Provision	-	-7.80M	2.50M	30.30M	25.10M	-4.90M
Net Income	-	-42.50M	19.70M	130.50M	117.80M	108.00M
Diluted EPS	-	-0.38	0.18	1.24	1.17	1.15

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	1.52B	3.37B	2.11B	2.17B
Cost of Revenue	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Expenses	-	-	-	-	-
Operating Income	-	115.60M	2.08B	170.20M	323.30M
EBITDA	-	-	-	-	-
Interest Expense	-	35.50M	35.50M	33.80M	47.70M
Pretax Income	-	80.10M	2.05B	136.40M	275.60M
Tax Provision	-	17.80M	-85.30M	23.10M	50.10M
Net Income	-	52.60M	2.13B	113.30M	225.50M
Diluted EPS	-	0.26	18.65	0.98	2.11

Compounded Sales Growth

5 Years:	12.73%
1 Year:	-7.30%

Compounded Profit Growth

5 Years:	62.45%
1 Year:	-

Stock Price Performance

1 Year:	+25.23%
6 Months:	+15.10%
3 Months:	+14.14%
1 Month:	+3.35%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	8.31B	10.03B	11.77B	12.44B
Current Assets	-	-	-	-	-
Cash & Equivalents	-	1.22B	712.40M	743.00M	873.00M
Inventory	-	-	-	-	-
Receivables	-	3.00B	3.50B	4.26B	4.96B
Total Liabilities	-	6.33B	7.58B	9.32B	10.04B
Current Liabilities	-	-	-	-	-
Long Term Debt	-	447.50M	448.20M	448.90M	843.20M
Total Debt	-	447.50M	448.20M	448.90M	843.20M
Total Equity	-	1.98B	2.45B	2.45B	2.40B
Shares Outstanding	-	117.91M	117.91M	118.30M	96.65M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	-	741.40M	495.20M	618.20M	-408.30M
Investing Cash Flow	-	215.90M	-834.90M	-475.80M	682.70M
Financing Cash Flow	-	-16.20M	-106.90M	-153.90M	19.80M
Capital Expenditure	-	-18.80M	-6.40M	-4.60M	-1.20M
Free Cash Flow	-	722.60M	488.80M	613.60M	-409.50M
Net Change in Cash	-	941.10M	-446.60M	-11.50M	294.20M

Ratios (Annual)

Figures in %.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-
Operating Margin %	-	7.6%	61.9%	8.1%	14.9%
Net Margin %	-	3.5%	63.3%	5.4%	10.4%
ROE %	-	2.7%	87.0%	4.6%	9.4%
ROCE %	-	-	-	-	-

Shareholding Pattern

Insiders

15.70%

Institutions

81.50%

Public Float

96.69%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Crestview Partners III GP, LP	11.28%	9.74M	$210.18M
2	Cooperman, Leon G.	9.25%	7.98M	$172.30M
3	Pine Brook Road Advisors, LP	8.35%	7.21M	$155.59M
4	Travelers Companies, Inc.	7.68%	6.63M	$143.14M
5	LSV Asset Management	5.66%	4.88M	$105.35M
6	Crestview Partners IV GP, L.P.	5.23%	4.51M	$97.36M
7	Blackrock Inc.	3.82%	3.30M	$71.22M
8	Dimensional Fund Advisors LP	3.27%	2.82M	$60.92M
9	American Century Companies Inc	1.52%	1.31M	$28.33M
10	LOOMIS SAYLES & CO L P	1.46%	1.26M	$27.16M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for PLGO

No recent headlines available.

PLGO · Financial Services