See more : Lancaster Colony Corporation (LANC) Income Statement Analysis – Financial Results
Complete financial analysis of Universal Insurance Holdings, Inc. (UVE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Universal Insurance Holdings, Inc., a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
You may be interested
- IFCI Limited (IFCI.BO) Income Statement Analysis – Financial Results
- Waterco Limited (WAT.AX) Income Statement Analysis – Financial Results
- Better Home & Finance Holding Company (BETRW) Income Statement Analysis – Financial Results
- Central Bancompany, Inc. (CBCY) Income Statement Analysis – Financial Results
- Libero Copper & Gold Corporation (LBC.V) Income Statement Analysis – Financial Results
Universal Insurance Holdings, Inc. (UVE)
Industry: Insurance - Property & Casualty
Sector: Financial Services
About Universal Insurance Holdings, Inc.
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.39B | 1.22B | 1.12B | 1.07B | 939.35M | 823.82M | 751.92M | 685.29M | 546.54M | 369.28M | 301.16M | 269.94M | 225.86M | 239.92M | 210.64M | 182.67M | 188.51M | 65.15M | 19.66M | 8.00M | 6.48M | 9.26M | 13.44M | 9.15M | 8.10M | 8.50M | 100.00K | 400.00K | 1.00M | 1.20M | 400.00K | 100.00K |
| Cost of Revenue | 0.00 | 0.00 | 88.07M | 90.63M | 0.00 | 99.16M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.39B | 1.22B | 1.03B | 982.14M | 939.35M | 724.66M | 751.92M | 685.29M | 546.54M | 369.28M | 301.16M | 269.94M | 225.86M | 239.92M | 210.64M | 182.67M | 188.51M | 65.15M | 19.66M | 8.00M | 6.48M | 9.26M | 13.44M | 9.15M | 8.10M | 8.50M | 100.00K | 400.00K | 1.00M | 1.20M | 400.00K | 100.00K |
| Gross Profit Ratio | 100.00% | 100.00% | 92.15% | 91.55% | 100.00% | 87.96% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 96.06M | 90.64M | 88.07M | 90.53M | 94.65M | 98.82M | 91.81M | 221.18M | 183.78M | 118.40M | 91.99M | 91.19M | 67.83M | 64.29M | 58.35M | 35.32B | 39.17M | 13.49M | 4.01M | 5.98M | 5.79M | 4.55M | 8.71M | 6.47M | 3.70M | 3.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -35.29B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 96.06M | 90.64M | 88.07M | 90.53M | 94.65M | 98.82M | 91.81M | 221.18M | 183.78M | 118.40M | 91.99M | 91.19M | 67.83M | 64.29M | 58.35M | 35.32M | 39.17M | 13.49M | 4.01M | 5.98M | 5.79M | 4.55M | 8.71M | 6.47M | 3.70M | 3.90M | 400.00K | 1.30M | 1.70M | 1.80M | 900.00K | 300.00K |
| Other Expenses | 0.00 | 938.40M | -1.19B | -1.15B | -978.46M | -256.14M | -230.66M | -221.18M | -183.78M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.90M | 3.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -800.00K |
| Operating Expenses | 304.07M | 1.24B | -1.10B | -1.06B | -883.81M | 99.16M | 92.16M | 221.18M | 183.78M | 118.40M | 91.99M | 91.19M | 67.83M | 64.29M | 58.35M | 35.32M | 39.17M | 13.49M | 4.01M | 5.98M | 5.79M | 4.55M | 8.71M | 6.47M | 7.60M | 7.10M | 400.00K | 1.30M | 1.70M | 1.80M | 900.00K | -500.00K |
| Cost & Expenses | 304.07M | 1.25B | 1.09B | 1.05B | 875.83M | 670.94M | 581.43M | 522.41M | 371.52M | 241.67M | 200.60M | 217.38M | 192.14M | 177.65M | 164.48M | 116.66M | 98.96M | 38.43M | 13.61M | 8.26M | 6.76M | 9.19M | 8.71M | 6.47M | 7.60M | 7.10M | 400.00K | 1.60M | 2.00M | 1.90M | 1.20M | 400.00K |
| Interest Income | 0.00 | 6.61M | 638.00K | 95.00K | 248.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 6.53M | 6.61M | 652.00K | 102.00K | 248.00K | 346.00K | 348.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 71.05K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 100.00K | 100.00K | 100.00K |
| Depreciation & Amortization | 7.31M | 7.30M | 6.91M | 5.11M | 4.96M | 4.82M | 4.06M | 3.24M | 2.03M | 1.19M | 1.01M | 840.00K | 639.00K | 831.16K | 490.06K | 707.04K | 371.66K | 373.53K | 377.75K | 390.25K | 268.95K | 236.32K | 157.31K | 98.46K | 200.00K | 0.00 | 2.40M | -300.00K | -300.00K | -1.40M | -200.00K | 0.00 |
| EBITDA | 102.19M | -14.05M | 35.98M | 29.44M | 0.00 | 158.04M | 174.89M | 0.00 | 0.00 | 0.00 | 0.00 | 53.40M | 34.36M | 63.11M | 46.65M | 66.71M | 89.92M | 27.09M | 6.43M | 130.11K | -12.58K | 307.37K | 0.00 | 0.00 | 1.40M | 2.10M | 0.00 | 0.00 | 0.00 | -1.30M | 0.00 | -400.00K |
| EBITDA Ratio | 7.34% | -0.43% | 2.47% | 1.94% | 6.44% | 19.18% | 23.26% | 24.24% | 32.40% | 34.88% | 33.73% | 19.78% | 15.21% | 26.30% | 22.15% | 36.52% | 47.70% | 41.50% | 32.70% | 1.63% | -0.19% | 3.32% | -21.44% | -15.19% | 17.28% | 24.71% | -2,400.00% | -450.00% | -160.00% | -108.33% | -275.00% | -400.00% |
| Operating Income | 1.09B | -12.51M | 20.78M | 15.73M | 55.55M | 153.22M | 170.83M | 162.88M | 175.02M | 127.60M | 100.56M | 52.56M | 33.72M | 62.28M | 46.16M | 66.01M | 89.55M | 26.66M | 6.05M | -260.13K | -281.53K | 71.05K | -3.04M | -1.49M | 1.20M | 2.10M | -4.80M | -1.50M | -1.30M | 100.00K | -900.00K | -400.00K |
| Operating Income Ratio | 78.15% | -1.02% | 1.85% | 1.47% | 5.91% | 18.60% | 22.72% | 23.77% | 32.02% | 34.56% | 33.39% | 19.47% | 14.93% | 25.96% | 21.92% | 36.13% | 47.50% | 40.93% | 30.78% | -3.25% | -4.34% | 0.77% | -22.61% | -16.27% | 14.81% | 24.71% | -4,800.00% | -375.00% | -130.00% | 8.33% | -225.00% | -400.00% |
| Total Other Income/Expenses | -999.17M | -27.95M | -1.01B | -957.88M | -603.65M | -408.30M | -350.78M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.53M | 1.12M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 260.13K | 281.53K | -71.05K | 2.88M | 1.39M | 0.00 | 0.00 | 2.40M | 1.80M | 1.60M | -800.00K | 100.00K | 0.00 |
| Income Before Tax | 88.35M | -27.25M | 28.41M | 24.23M | 63.52M | 152.87M | 170.48M | 162.88M | 175.02M | 127.60M | 100.56M | 52.56M | 33.72M | 62.28M | 46.16M | 66.01M | 89.55M | 26.72M | 6.05M | -260.13K | -281.53K | 71.05K | -3.04M | -1.49M | 1.20M | 2.10M | -2.40M | -1.50M | -1.30M | -1.40M | -1.00M | 0.00 |
| Income Before Tax Ratio | 6.35% | -2.23% | 2.53% | 2.26% | 6.76% | 18.56% | 22.67% | 23.77% | 32.02% | 34.56% | 33.39% | 19.47% | 14.93% | 25.96% | 21.92% | 36.13% | 47.50% | 41.02% | 30.78% | -3.25% | -4.34% | 0.77% | -22.61% | -16.27% | 14.81% | 24.71% | -2,400.00% | -375.00% | -130.00% | -116.67% | -250.00% | 0.00% |
| Income Tax Expense | 21.53M | -4.99M | 8.01M | 5.13M | 17.00M | 35.82M | 63.55M | 63.47M | 68.54M | 54.62M | 41.58M | 22.25M | 13.61M | 25.29M | 17.38M | 25.97M | 35.55M | 9.48M | -455.16K | 260.13K | 281.53K | -71.05K | 3.04M | 1.49M | 0.00 | 0.00 | 2.40M | 1.50M | 1.30M | 1.40M | 1.00M | 500.00K |
| Net Income | 66.82M | -22.26M | 20.41M | 19.11M | 46.51M | 117.05M | 106.94M | 99.41M | 106.48M | 72.99M | 58.98M | 30.31M | 20.11M | 36.98M | 28.79M | 40.04M | 54.00M | 17.19M | 6.51M | -260.13K | -281.53K | 71.05K | -3.04M | -1.49M | 1.20M | 2.10M | -2.40M | -1.50M | -1.30M | -1.40M | -1.00M | -500.00K |
| Net Income Ratio | 4.80% | -1.82% | 1.82% | 1.78% | 4.95% | 14.21% | 14.22% | 14.51% | 19.48% | 19.77% | 19.58% | 11.23% | 8.90% | 15.41% | 13.67% | 21.92% | 28.65% | 26.38% | 33.09% | -3.25% | -4.34% | 0.77% | -22.61% | -16.27% | 14.81% | 24.71% | -2,400.00% | -375.00% | -130.00% | -116.67% | -250.00% | -500.00% |
| EPS | 2.24 | -0.72 | 0.65 | 0.60 | 1.37 | 3.36 | 3.07 | 2.85 | 3.06 | 2.17 | 1.64 | 0.76 | 0.51 | 0.95 | 0.76 | 1.07 | 1.52 | 0.50 | 0.20 | -0.01 | -0.01 | 0.01 | -0.21 | -0.10 | 0.08 | 0.13 | -0.11 | -0.07 | -0.06 | -0.07 | -0.05 | -0.02 |
| EPS Diluted | 2.22 | -0.72 | 0.65 | 0.60 | 1.36 | 3.27 | 2.99 | 2.79 | 2.97 | 2.08 | 1.56 | 0.75 | 0.50 | 0.91 | 0.71 | 0.99 | 1.31 | 0.44 | 0.19 | -0.01 | -0.01 | 0.01 | -0.21 | -0.10 | 0.08 | 0.13 | -0.11 | -0.07 | -0.06 | -0.06 | -0.05 | -0.02 |
| Weighted Avg Shares Out | 29.83M | 30.75M | 31.22M | 31.88M | 33.89M | 34.86M | 34.84M | 34.92M | 34.80M | 33.57M | 35.87M | 39.61M | 39.18M | 39.11M | 37.62M | 37.42M | 35.55M | 34.41M | 32.81M | 30.21M | 23.78M | 15.60M | 14.70M | 14.79M | 15.90M | 16.60M | 21.47M | 21.47M | 21.47M | 21.47M | 21.47M | 21.47M |
| Weighted Avg Shares Out (Dil) | 30.15M | 30.75M | 31.31M | 31.97M | 34.23M | 35.79M | 35.81M | 35.65M | 35.88M | 35.15M | 37.78M | 40.62M | 40.44M | 40.58M | 40.47M | 40.27M | 41.36M | 39.08M | 33.95M | 30.21M | 23.78M | 16.17M | 14.70M | 14.79M | 15.90M | 16.60M | 22.04M | 22.04M | 22.04M | 22.04M | 22.04M | 22.04M |
Universal Reports First Quarter 2022 Results
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (“Universal” or the “Company”) reported 2022 first quarter diluted EPS of $0.56 on a GAAP basis and $0.64 on a non-GAAP1 adjusted basis. 1 Reconciliations of GAAP to non-GAAP financial measures are...
Universal Reports First Quarter 2022 Results
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (“Universal” or the “Company”) reported 2022 first quarter diluted EPS of $0.56 on a GAAP basis and $0.64 on a non-GAAP1 adjusted basis. 1 Reconciliations of GAAP to non-GAAP financial measures are...
Universal Insurance Holdings Declares Cash Dividend of 16 Cents per Share
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of 16 cents per share of common stock, payable on May 20, 2022, to shareholders...
Universal Insurance Holdings Declares Cash Dividend of 16 Cents per Share
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of 16 cents per share of common stock, payable on May 20, 2022, to shareholders...
Universal Announces First Quarter 2022 Earnings Release and Conference Call Dates
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) will issue a press release reporting its first quarter 2022 results after the close of trading on the NYSE on Thursday, April 28, 2022. The company will...
Universal Announces First Quarter 2022 Earnings Release and Conference Call Dates
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) will issue a press release reporting its first quarter 2022 results after the close of trading on the NYSE on Thursday, April 28, 2022. The company will...
Universal Announces First Quarter 2022 Earnings Release and Conference Call Dates
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) will issue a press release reporting its first quarter 2022 results after the close of trading on the NYSE on Thursday, April 28, 2022. The company will...
Universal Insurance Holdings Announces Leadership Changes
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (“Universal” or the “Company”) announced today the appointment of Arash Soleimani as Chief Strategy Officer and promoted Rob Luther and Gary Ropiecki to Chief Investment Officer and Principal Accounting Officer, respectively. Mr....
Universal Insurance Holdings Announces Leadership Changes
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Announces Leadership Changes
Universal Insurance Holdings Is Underfollowed and Undervalued
Universal Insurance Holdings Inc. ( UVE , Financial) is a holding company offering property and casualty insurance and value-added insurance services in the U.S. The company develops, markets and writes insurance products for consumers predominantly in the personal residential homeowners...
Source: https://incomestatements.info
Category: Stock Reports