PLGO

PLGO · NYSE · Financial Services / Insurance - Diversified

28.78USD-0.05 (-0.17%)

Price History

Full chart

Market Stats

Previous Close28.83

Open29.05

Day Range28.57 – 29.70

52-Week Range16.48 – 26.18

Volume846.52K

Market Cap1.98B

P/E (TTM)5.95

Forward P/E5.26

EPS4.03

Dividend Yield2.50%

Beta0.28

50-Day Avg24.67

200-Day Avg21.63

About

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.

Company Details

SectorFinancial Services
IndustryInsurance - Diversified
CEOMr. Daniel Burrows
Employees108
HeadquartersWellesley House South, Pembroke, Bermuda, HM08, USA
Websitehttps://www.pelagosinsurancecapital.com

Leadership

Mr. Daniel BurrowsGroup CEO & Executive Director · b. 1969
Mr. Allan Carl DecleirGroup CFO & Executive Director · b. 1965
Mr. Jason KittingerGroup Chief Operating Officer · b. 1980
Ms. Miranda HunterGroup Chief Investor Relations Officer
Ms. Nicole Kapu-LeylandGroup General Counsel · b. 1993
Ms. Anneeka PatelGroup Chief Human Resources Officer
Mr. Ian HoustonGroup & UK Chief Underwriting Officer
Mr. Michael PearsonGroup Chief Risk Officer · b. 1969
Mr. Jonathan StrickleGroup Managing Director · b. 1988
Ms. Aoife WoulfeIreland Chief Underwriting Officer

Financials

Income Statement

Currency: USD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	769.30M	1.18B	1.52B	3.37B	2.11B	2.17B
Growth (%)	-	+53.05%	+28.78%	+122.06%	-37.31%	+2.92%
Cost of Revenue	324.50M	696.80M	1.21B	1.20B	1.84B	1.75B
Gross Profit	444.80M	480.60M	301.60M	2.17B	266.10M	421.10M
Gross Margin	57.82%	40.82%	19.89%	64.44%	12.61%	19.39%
Operating Expense	321.30M	401.90M	221.50M	122.30M	129.70M	145.50M
Operating Income	123.50M	78.70M	80.10M	2.05B	136.40M	275.60M
Operating Margin	16.05%	6.68%	5.28%	60.81%	6.46%	12.69%
EBITDA	154.00M	118.60M	119.50M	2.08B	156.20M	304.10M
EBITDA Margin	20.02%	10.07%	7.88%	61.87%	7.40%	14.00%
Net Income	126.50M	68.30M	52.60M	2.13B	113.30M	225.50M
Net Income Margin	16.44%	5.80%	3.47%	63.34%	5.37%	10.38%
Interest Expense	27.90M	35.40M	35.50M	35.50M	33.80M	47.70M
Interest Expense % of Total Revenue	3.63%	3.01%	2.34%	1.05%	1.60%	2.20%

Balance Sheet

Currency: USD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	5.32B	8.31B	10.03B	11.77B	12.44B
Total Liabilities	-	3.31B	6.33B	7.58B	9.32B	10.04B
Total Equity	-	2.01B	1.98B	2.45B	2.45B	2.40B
Cash	-	476.00M	1.22B	712.40M	743.00M	873.00M
Total Debt	-	536.70M	534.40M	506.60M	507.30M	843.20M
Net Debt	-	60.70M	-687.60M	-205.80M	-235.70M	-29.80M

Cash Flow

Currency: USD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	316.10M	367.70M	741.40M	495.20M	618.20M	-408.30M
Investing Cash Flow	-481.90M	-1.12B	215.90M	-834.90M	-475.80M	682.70M
Financing Cash Flow	948.60M	-4.80M	-16.20M	-106.90M	-153.90M	19.80M
Capital Expenditure	2.00M	7.10M	18.80M	6.40M	4.60M	1.20M
Free Cash Flow	314.10M	360.60M	722.60M	488.80M	613.60M	-409.50M
Dividends Paid	5.10M	2.10M	500.00K	0	46.20M	52.30M
FCF to OCF	99.37%	98.07%	97.46%	98.71%	99.26%	100.29%
Dividend Paid to FCF	1.62%	0.58%	0.07%	0.00%	7.53%	-12.77%

Earnings

Report Date	Aug 22, 2023	Nov 20, 2023	Mar 1, 2024	May 9, 2024	Aug 14, 2024	Nov 12, 2024	Feb 25, 2025	May 14, 2025	Aug 13, 2025	Nov 12, 2025	Feb 25, 2026	May 13, 2026	Aug 12, 2026	Nov 11, 2026
EPS Estimate	0.54	0.80	-	0.63	0.69	0.73	-0.88	-0.42	-0.28	1.20	1.08	0.73	0.88	0.82
EPS Actual	0.77	0.74	1.93	0.74	0.54	0.92	-1.05	-0.41	0.12	1.21	1.09	0.94	0.34	-
Surprise	42.59%	-7.50%	-	17.46%	-21.74%	26.03%	-19.32%	2.38%	142.86%	0.83%	0.93%	28.77%	-61.36%	-
Timing	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap1.98B

Enterprise Value2.25B

Trailing P/E5.95

Forward P/E5.26

Price / Sales0.79

Price / Book0.89

EPS4.03

Book Value26.84

Revenue (TTM)2.51B

Gross Profit (TTM)633.20M

Profit Margin15.94%

Operating Margin10.68%

Return on Equity17.64%

Return on Assets2.41%

Shares Outstanding82.73M

Shares Float44.56M

Beta0.28

Dividend Yield2.50%

Dividend Rate0.60

Payout Ratio16.76%

Ownership Breakdown

Institutions: 81.66%
Insiders: 16.55%
Retail / Other: 1.79%

Top Institutional Holders

Crestview Partners III GP, L.P.
9.74M11.77%
Cooperman Leon G
8.51M10.29%
St Paul Travelers Companies Inc
5.81M7.02%
PINE BROOK ROAD ADVISORS P
5.77M6.97%
LSV Asset Management
4.76M5.76%
Crestview Partners IV GP, L.P.
4.51M5.45%
BlackRock Inc
3.30M3.99%
Dimensional Fund Advisors, Inc.
3.23M3.91%
American Century Companies Inc
1.50M1.81%
Royce & Associates, LP
1.19M1.44%
Nfc Investments, LLC
916.41K1.11%
The Goldman Sachs Group Inc
908.46K1.10%
State Street Corp
875.30K1.06%
Bridgeway Capital Management, LLC
735.82K0.89%
Two Sigma Investments LLC
694.24K0.84%
Geode Capital Management, LLC
680.29K0.82%
Jacobs Levy Equity Management, Inc.
674.34K0.82%

Top Fund Holders

Avantis US Small Cap Value ETF
1.36M1.64%
iShares Russell 2000 ETF
1.25M1.51%
DFA US Small Cap Value I
668.80K0.81%

Dividends

20263×

0.15Sep 14, 20260.15Jun 15, 20260.15Mar 16, 2026

20254×

0.15Dec 10, 20250.15Sep 16, 20250.10Jun 16, 20250.10Mar 12, 2025

20244×

0.10Nov 29, 20240.10Sep 16, 20240.10Jun 14, 20240.10Mar 14, 2024