For the year ending 2025-12-31, UVE had $215,762K increase in cash & cash equivalents over the period. $377,055K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 182,951 |
| Bad debt expense | 3,494 |
| Depreciation and amortization | 6,444 |
| Amortization of share-based compensation | 8,652 |
| Amortization of debt issuance costs | 708 |
| Provision for (or reversal of) credit losses on available-for-sale debt securities | -386 |
| Book overdraft increase (decrease) | 0 |
| Net realized (gains) losses on sale of investments | 5,698 |
| Net change in unrealized (gains) losses on investments | -1,177 |
| Amortization of premium/accretion of discount, net | 624 |
| Deferred income taxes | -2,570 |
| Excess tax (benefit) shortfall from share-based compensation | 1,109 |
| Loss (gain) on disposal of assets | -128 |
| Prepaid reinsurance premiums | 28,315 |
| Reinsurance recoverable | -394,699 |
| Income taxes payable | 23,103 |
| Premiums receivable, net | -81 |
| Accrued investment income | 2,023 |
| Income taxes recoverable | 0 |
| Deferred policy acquisition costs | 7,386 |
| Other assets | -4,891 |
| Unpaid losses and loss adjustment expenses | -278,579 |
| Unearned premiums | 31,513 |
| Commission payable | 376 |
| Reinsurance payable, net | 36,915 |
| Other liabilities and accrued expenses | -8,947 |
| Advance premium | 15,610 |
| Net cash provided by (used in) operating activities | 381,493 |
| Proceeds from sale of property and equipment | 40 |
| Purchases of property and equipment | 4,438 |
| Purchases of equity securities | 28,959 |
| Purchases of available-for-sale debt securities | 430,150 |
| Purchases of other investments | 1,035 |
| Purchases of investment real estate, net | 0 |
| Proceeds from sales of equity securities | 22,144 |
| Proceeds from sales of available-for-sale debt securities | 126,552 |
| Proceeds from sale of other investments | 11,463 |
| Maturities of available-for-sale debt securities | 190,775 |
| Net cash provided by (used in) investing activities | -113,608 |
| Preferred stock dividend | 10 |
| Common stock dividend | 22,165 |
| Purchase of treasury stock, inclusive of excise taxes paid | 22,370 |
| Payments related to tax withholding for share-based compensation | 6,107 |
| Repayment of debt | 1,471 |
| Net cash provided by (used in) financing activities | -52,123 |
| Net increase (decrease) during the period | 215,762 |
| Balance, beginning of period | 262,076 |
| Balance, end of period | 477,838 |
UNIVERSAL INSURANCE HOLDINGS, INC. (UVE)
UNIVERSAL INSURANCE HOLDINGS, INC. (UVE)