Pelagos Insurance Capital Ltd (PLGO)
Pelagos Insurance Capital Ltd reported revenue of $2.5B in fiscal 2025, up 3.3% from a year earlier. Net income was $225.5M, a net margin of 9.0%. In fiscal 2025 capital spending exceeded operating cash flow by $409.5M. At December 31, 2025 it held $873M in cash against $843.2M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 5, 2026.
Key facts about Pelagos Insurance Capital Ltd
- Net worth
- Pelagos Insurance Capital Ltd has a market value (market cap) of $2.5B at the latest share price, and shareholders' equity of $2.4B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.5B (+3.3% year on year), with net income of $225.5M.
- Cash flow
- In fiscal 2025 operations used $408.3M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 5, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
- Dividend
- Pelagos Insurance Capital Ltd declared dividends of $0.50 per share in fiscal 2025.
What Pelagos Insurance Capital Ltd does
Pelagos Insurance Capital Ltd is registered with the SEC under industry code SIC 6331 (Fire, Marine & Casualty Insurance). Its shares trade on NYSE under the ticker PLGO.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.5B | $225.5M | $2.11 | -$409.5M |
| 2024 | $2.4B | $113.3M | $0.98 | $613.6M |
| 2023 | $3.6B | $2.1B | $18.65 | $488.8M |
| 2023 | $1.5B | $52.6M | $0.26 | $722.6M |
| 2021 | $1.2B | $68.3M | $0.34 | $338.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PLGO ranks in Finance
Dividends
Pelagos Insurance Capital Ltd declared $0.50 per share in fiscal 2025. It paid out $52.3M in cash dividends, 23% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.50 | $52.3M | 23% |
| 2024 | $0.40 | $46.2M | 41% |
| 2023 | $0.00 | $0 | 0% |
| 2023 | n/a | $500K | 1% |
| 2021 | n/a | $2.1M | 3% |
Latest SEC filings
What Pelagos Insurance Capital Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026
- September 14, 2026
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 12, 2026
- August 11, 2026Passive stake changed SCHEDULE 13G/A
- August 11, 2026Passive stake changed SCHEDULE 13G/A
- August 7, 2026Passive stake changed SCHEDULE 13G/A
- August 3, 2026
- August 3, 2026
- May 13, 2026
Insider trades
What the people running Pelagos Insurance Capital Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 13, 2026 | Pearson Michael JustinChief Risk Officer | Received as pay | 10,000 | - |
| June 3, 2026 | Strickle JonathanGroup Managing Director | Shares withheld for tax | 2,881 | $62.2K |
| March 30, 2026 | Adams Matthew JDirector | Received as pay | 6,517 | - |
| March 30, 2026 | Kapu-Leyland Nicole Ka'ulu'okalaGroup General Counsel | Received as pay | 46,376 | - |
| March 30, 2026 | Morrissey HelenaDirector | Received as pay | 7,820 | - |
| March 30, 2026 | Burrows Daniel DavidChief Executive Officer, Director | Received as pay | 154,170 | - |
| March 30, 2026 | Decleir Allan CarlChief Financial Officer, Director | Received as pay | 19,520 | - |
| March 30, 2026 | Collis Charles Grant RossDirector | Received as pay | 6,517 | - |
Who owns PLGO
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Crestview, L.L.C.13G, passive with 6 related filers | 13.8% | February 17, 2026 |
| Cooperman Leon G13G, passive | 10% | August 11, 2026 |
| Shelf Holdco II Ltd13G, passive with 3 related filers | 9.4% | July 10, 2025 |
| SPFM Holdings, LLC13G, passive with 1 related filers | 7.02% | August 7, 2026 |
| Pine Brook Road Advisors, L.P.13G, passive with 4 related filers | 7% | August 13, 2026 |
| Lsv Asset Management13G, passive | 5.7% | May 12, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 188 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Crestview Partners III GP, L.P. | 9,739,675 | 0 |
| Cooperman Leon G | 8,511,411 | +527,063 |
| Travelers Companies, Inc. | 5,808,231 | -824,589 |
| Pine Brook Road Advisors, L.P. | 5,769,921 | -1,440,000 |
| Crestview Partners IV GP, L.P. | 4,511,799 | 0 |
| Dimensional Fund Advisors LP | 3,232,830 | +409,741 |
| BlackRock, Inc. | 3,080,065 | -220,436 |
| American Century Companies Inc | 1,499,625 | +186,667 |
| Royce & Associates LP | 1,079,940 | -109,561 |
| State Street Corp | 824,688 | -50,612 |
| Goldman Sachs Group Inc | 714,315 | -194,149 |
| Bridgeway Capital Management, LLC | 713,921 | -21,894 |
| Two Sigma Investments, LP | 694,239 | +269,464 |
| Clough Capital Partners L P | 597,947 | +573 |
| Geode Capital Management, LLC | 595,409 | -84,877 |
| Jacobs Levy Equity Management, Inc | 592,494 | -81,845 |
| Aqr Capital Management LLC | 545,092 | +33,144 |
| Nuveen, LLC | 524,626 | -9,195 |
| Morgan Stanley | 518,646 | -84,387 |
| Vanguard Portfolio Management LLC | 452,549 | +17,851 |
Insiders
11 insiders reported holding 1,494,537 shares in total, about $42.6M at the last price.
| Holder | Shares |
|---|---|
| Burrows Daniel DavidChief Executive Officer, Director | 715,523 |
| Pearson Michael JustinChief Risk Officer | 214,568 |
| Decleir Allan CarlChief Financial Officer, Director | 191,919 |
| Strickle JonathanGroup Managing Director | 137,305 |
| Kapu-Leyland Nicole Ka'ulu'okalaGroup General Counsel | 78,853 |
| Kittinger Jason AllenChief Operating Officer | 68,409 |
| Iberg Cathleen AnnDirector | 26,026 |
| Adams Matthew JDirector | 22,548 |
| Dandridge Christine ElaineDirector | 19,618 |
| Collis Charles Grant RossDirector | 11,948 |
Questions about PLGO
What does Pelagos Insurance Capital Ltd do?
Pelagos Insurance Capital Ltd is a company in the Finance sector, listed on NYSE as PLGO. Its shares trade on NYSE under the ticker PLGO.
What is Pelagos Insurance Capital Ltd's net worth?
Pelagos Insurance Capital Ltd has a market value (market cap) of $2.5B at the latest share price, and shareholders' equity of $2.4B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Pelagos Insurance Capital Ltd profitable?
Yes. In fiscal 2025 it reported net income of $225.5M on revenue of $2.5B, a net margin of 9.0%.
How much revenue does Pelagos Insurance Capital Ltd make?
In fiscal 2025 Pelagos Insurance Capital Ltd reported revenue of $2.5B. That is 3.3% more than a year earlier.
When did Pelagos Insurance Capital Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 5, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 3, 2026.
Does Pelagos Insurance Capital Ltd pay a dividend?
Yes. Pelagos Insurance Capital Ltd declared dividends of $0.50 per share in fiscal 2025.
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Where the numbers come from
Financial figures are the values Pelagos Insurance Capital Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.