Pelagos Insurance Capital Limit

Pelagos Insurance Capital Limit

PLGO
Pelagos Insurance Capital LimitUS flagNew York Stock Exchange
25.17
USD
-0.39
- -
2.15BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.9
4.03
6.11
7.8
29.45
18.32
20.46
20.94
Basic EPS, GAAP
0.3
0.65
0.35
0.27
18.65
0.98
2.12
3.7
Free Cash Flow per Basic Share
0.84
1.62
1.73
3.72
4.28
5.33
-3.86
- -
Dividend per Share
0.35
0.03
0.01
- -
- -
0.4
0.49
- -
Book Value per Share
- -
-0.61
-0.26
0.01
3.83
4.38
6.38
7.6
Tangible Book Value per Share
- -
10.17
10.33
10.23
21.43
21.25
22.6
22.2
Basic Weighted Avg Shares
194
194
195
194
114
115
106
102
Sales/Revenue/Turnover
369
783
1,194
1,516
3,367
2,110
2,172
2,127
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
3
3
4
4
- -
-14
-19
- -
Net Income, GAAP
58
126
68
53
2,132
113
226
376
Effective Tax Rate (%)
1
- -
0.51
22.22
- -
16.94
18.18
12.35
Profit Margin (%)
15.76
16.16
5.72
3.47
63.34
5.37
10.38
17.68
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
456
478
448
448
449
843
844
Total Equity
- -
1,976
2,019
1,987
2,450
2,448
2,400
2,254
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
24.24
15.78
- -
15.37
21.39
33.64
Return on Common Equity (%)
- -
- -
- -
- -
968.88
24.04
38.17
61.5

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
843
843
844
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
103
97
85
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
3,791
1,218
3,726
Accounts Receivable, Net
4,801
4,956
5,683
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
2,401
2,117
2,462
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.37%
-1.99%
Free Cash Flow
- -
-10.48%
-166.74%
Net Income, GAAP
- -
777.9%
99.03%
Sales/Revenue/Turnover
- -
33.45%
2.92%
Total Cash Common Dividend
- -
- -
13.2%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
446
538
681
680
2,110
2025
656
591
650
275
2,172
2026
610
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.69
0.46
0.88
-1.09
0.98
2025
-0.38
0.18
1.25
1.18
2.12
2026
1.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.49
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Daniel David Burrows
Full Time Employees
108
Sector
Financial Services
Industry
Insurance - Diversified
Address
Wellesley House South Pembroke Bermuda HM08
IPO Date
Jun 29, 2023
Business
Fidelis Insurance Holdings Ltd. operates as a global specialty insurer and reinsurer delivering tailored risk transfer solutions across multiple domains through its three core segments: Specialty, Reinsurance, and Bespoke. The company focuses on underwriting and risk transfer across aviation and aerospace, energy, marine, property, and other specialty lines, while applying bespoke, client-specific solutions to complex risk profiles and credit/political risk exposures; it also provides treaty reinsurance and retrocession capacity, as well as surety bonds and guarantees where appropriate. Fidelis maintains a diversified geographic footprint with operations and client reach in Bermuda, the United Kingdom, Ireland, and other international markets, leveraging strategic underwriting partnerships and a disciplined capital framework to balance growth with risk management. The organization conducts its activities through a global network of partners and distribution channels to serve multi-national corporations, large mid-market clients, and specialized risk solutions seekers, aiming to deliver stable underwriting performance and capital efficiency. Fidelis Insurance Holdings Ltd. was founded in 2014 and is headquartered in Pembroke, Bermuda, with a corporate presence that extends to key insurance markets including Europe and the Americas, enabling it to participate in cross-border risk transfer programs and multi-territory coverage constructs. The company’s latest major changes include a strategic rebranding initiative to Pelagos Insurance Capital and an associated ticker change to PLGO, reflecting a broader corporate transformation and expansion of its platform, alongside ongoing enhancements to its underwriting partnerships and product suite; these shifts align with continued emphasis on scalable capacity, innovation in risk solutions, and geographic diversification to support growth in specialty lines. Fidelis maintains a commitment to maintaining robust capital adequacy and prudent risk management practices while pursuing growth through partnerships, selective acquisitions or partnerships, and the expansion of its bespoke service offerings to meet evolving client needs in a dynamic insurance market. The product and service catalog encompasses Property direct and facultative, Aviation and Aerospace, Energy, Marine, Cyber, D&F (Damage and First Loss) and other specialty lines under the Specialty segment; Property, retrocession, and whole account reinsurance under the Reinsurance segment; and customized risk transfer solutions, including credit and political risk, specialty treaty reinsurance, surety bonds, and contingency and contamination covers under the Bespoke segment; client services include underwriting partnerships, risk consulting, and tailored coverage design for complex risk transfer programs. The company’s operations underscore a strategy of leveraging capital efficiency, selective growth opportunities, and geographic reach to meet the needs of clients across global markets with innovative, capacity-rich insurance and reinsurance products. Fidelis’s ongoing strategic initiatives and performance focus are evidenced by its expanded underwriting partner network, improved loss ratios, and capital management discipline as it advances its transformation toward Pelagos Insurance Capital with the PLGO ticker. The firm’s leadership communicates a commitment to delivering durable value to shareholders, clients, and partners through disciplined underwriting, prudent reserving, and a multi-year plan to scale its specialty platform in alignment with market opportunities.

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