Universal Insurance Holdings, Inc. (UVE)

UVE Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,393	1,271	1,149	1,058	947.34
Total Interest & Dividend Income	59.15	48.45	25.79	12.54	20.39
Gain (Loss) on Sale of Investments	8.62	10.82	-12.8	1.86	63.38
Other Revenue	60.2	61.5	60.86	49.28	41.66
Total Revenue	1,521	1,392	1,223	1,122	1,073
Revenue Growth (YoY)	9.27%	13.82%	8.99%	4.58%	14.20%
Policy Benefits	1,087	992.64	938.4	779.21	758.81
Selling, General & Administrative	333.97	301.15	300.17	307.78	280.94
Total Operating Expenses	1,429	1,297	1,243	1,093	1,048
Operating Income	91.09	94.88	-20.64	29.05	24.33
Interest Expense	-6.48	-6.53	-6.61	-0.64	-0.1
EBT Excluding Unusual Items	84.61	88.35	-27.25	28.41	24.23
Pretax Income	84.61	88.35	-27.25	28.41	24.23
Income Tax Expense	25.68	21.53	-4.99	8.01	5.13
Net Income	58.93	66.82	-22.26	20.41	19.11
Preferred Dividends & Other Adjustments	0.01	0.01	0.01	0.01	0.01
Net Income to Common	58.92	66.81	-22.27	20.4	19.1
Net Income Growth	-11.82%	-	-	6.82%	-58.93%
Shares Outstanding (Basic)	28	30	31	31	32
Shares Outstanding (Diluted)	29	30	31	31	32
Shares Change (YoY)	-2.90%	-1.96%	-1.78%	-2.08%	-6.60%
EPS (Basic)	2.07	2.24	-0.72	0.65	0.60
EPS (Diluted)	2.01	2.22	-0.72	0.65	0.60
EPS Growth	-9.46%	-	-	8.53%	-55.96%
Free Cash Flow	129.99	66.95	319.62	227.15	12.13
Free Cash Flow Per Share	4.44	2.22	10.39	7.26	0.38
Dividend Per Share	0.640	0.640	0.640	0.640	0.640
Operating Margin	5.99%	6.82%	-1.69%	2.59%	2.27%
Profit Margin	3.88%	4.80%	-1.82%	1.82%	1.78%
Free Cash Flow Margin	8.55%	4.81%	26.14%	20.25%	1.13%
EBITDA	97.2	102.19	-13.34	35.96	29.43
EBITDA Margin	6.39%	7.34%	-1.09%	3.21%	2.74%
D&A For EBITDA	6.12	7.31	7.3	6.91	5.11
EBIT	91.09	94.88	-20.64	29.05	24.33
EBIT Margin	5.99%	6.82%	-1.69%	2.59%	2.27%
Effective Tax Rate	30.35%	24.37%	-	28.18%	21.15%
Revenue as Reported	1,521	1,392	1,223	1,122	1,073

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q