Universal Insurance Holdings, Inc. (UVE)

UVE Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,443	1,392	1,223	1,122	1,073	939.35
Revenue Growth (YoY)	15.29%	13.82%	8.99%	4.58%	14.20%	14.02%
Cost of Revenue	1,027	992.64	938.4	779.21	758.81	603.41
Gross Profit	416.36	398.95	284.26	342.65	313.96	335.95
Selling, General & Admin	306.81	304.07	304.9	313.6	289.63	272.43
Operating Expenses	306.81	304.07	304.9	313.6	289.63	272.43
Operating Income	109.56	94.88	-20.64	29.05	24.33	63.52
Interest Expense / Income	6.52	6.53	6.61	0.64	0.1	0
Pretax Income	103.04	88.35	-27.25	28.41	24.23	63.52
Income Tax	26.74	21.53	-4.99	8.01	5.13	17
Net Income	76.31	66.82	-22.26	20.41	19.11	46.51
Net Income Growth	-	-	-	6.81%	-58.93%	-60.26%
Shares Outstanding (Basic)	29	30	31	31	32	34
Shares Outstanding (Diluted)	29	30	31	31	32	34
Shares Change	-3.99%	-1.96%	-1.78%	-2.08%	-6.60%	-4.34%
EPS (Basic)	2.59	2.24	-0.72	0.65	0.60	1.37
EPS (Diluted)	2.55	2.22	-0.72	0.65	0.60	1.36
EPS Growth	-	-	-	8.33%	-55.88%	-58.41%
Free Cash Flow	197.6	66.99	319.71	229.91	12.31	83.86
Free Cash Flow Per Share	6.84	2.25	10.40	7.37	0.39	2.47
Dividend Per Share	0.770	0.770	0.770	0.770	0.770	0.770
Dividend Growth	0%	0%	0%	0%	0%	5.48%
Gross Margin	28.85%	28.67%	23.25%	30.54%	29.27%	35.76%
Operating Margin	7.59%	6.82%	-1.69%	2.59%	2.27%	6.76%
Profit Margin	5.29%	4.80%	-1.82%	1.82%	1.78%	4.95%
Free Cash Flow Margin	13.69%	4.81%	26.15%	20.49%	1.15%	8.93%
Effective Tax Rate	25.95%	24.36%	-	28.18%	21.15%	26.77%
EBITDA	116.87	102.19	-13.34	35.96	29.43	68.47
EBITDA Margin	8.10%	7.34%	-1.09%	3.21%	2.74%	7.29%
Depreciation & Amortization	7.31	7.31	7.3	6.91	5.11	4.96
EBIT	109.56	94.88	-20.64	29.05	24.33	63.52
EBIT Margin	7.59%	6.82%	-1.69%	2.59%	2.27%	6.76%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).