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UNIVERSAL INSURANCE HOLDINGS, INC. (UVE)

For the quarter ending 2025-06-30, UVE made $400,141K in revenue. $35,093K in net income. Net profit margin of 8.77%.

Overview

Revenue
$400,141K
Net Income
$35,093K
Net Profit Margin
8.77%
EPS
$1.21
Unit: Thousand (K) dollars
Revenue Breakdown
    • Total revenues

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Investment income- 10,719 [1]- -
Total investment income- 16,803 [1]- -
Less investment expenses- -743 [1]- -
Investment income-cash and cash equivalents- 5,122 [2]- -
Investment income-debt securities- 10,719 [2]- -
Investment income-equity securities- 796 [2]- -
Investment income-other than securities investment- 166 [2]- -
Total investment income- 16,803 [2]- -
Less investment expenses- -743 [2]- -
Total investment income- - 16,069 -
Less investment expenses- - 663 -
Total revenues400,141 394,867 387,554 380,214
General and administrative expenses- 87,244 87,103 87,114
Policy acquisition costs61,878 - - -
Losses and loss adjustment expenses260,305 250,555 316,955 243,572
Other operating expenses29,964 - - -
Total operating costs and expenses352,147 337,799 404,058 330,686
Interest and amortization of debt issuance costs1,608 1,612 - -
Interest and amortization of debt issuance costs- - 1,619 1,623
Income (loss) before income taxes46,386 55,456 -18,123 47,905
Income tax expense (benefit)11,293 14,017 -1,960 12,489
Net income (loss)35,093 41,439 -16,163 35,416
Basic earnings (loss) per common share (in usd per share)1.25 1.48 -0.57 1.24
Diluted earnings (loss) per common share (in usd per share)1.21 1.44 -0.57 1.21
Weighted average common shares outstanding - basic (in shares)27,972,000 28,091,000 28,355,000 28,600,000
Weighted average common shares outstanding - diluted (in shares)29,072,000 28,779,000 28,355,000 29,308,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Investment income-Cash AndCash Equivalents$5,331K Investment income-DebtSecurities$11,615K Investment income-EquitySecurities$933K Investment income-OtherThan Securities...$158K Direct premiumswritten$596,720K (3.19%↑ Y/Y)Total investmentincome$18,037K (18.14%↑ Y/Y)Direct premiums earned$523,425K (6.68%↑ Y/Y)Change in unearnedpremiums-$73,295K (16.35%↑ Y/Y)Net realized gains(losses) on investments$5,280K (1797.75%↑ Y/Y)Commission revenue$15,854K (35.75%↑ Y/Y)Net investmentincome$17,258K (17.72%↑ Y/Y)Other revenue$2,014K (-12.32%↓ Y/Y)Premiums earned, net$360,193K (4.42%↑ Y/Y)Less investmentexpenses$779K (28.34%↑ Y/Y)Policy fees$5,603K (0.48%↑ Y/Y)Ceded premiums earned$163,232K (12.04%↑ Y/Y)Total revenues$400,141K (5.24%↑ Y/Y)Net change inunrealized gains (losses)...-$6,061K (-547.31%↓ Y/Y)Income (loss) beforeincome taxes$46,386K (-3.17%↓ Y/Y)Total operating costsand expenses$352,147K (6.49%↑ Y/Y)Interest andamortization of debt issuance...$1,608K Net income (loss)$35,093K (-0.91%↓ Y/Y)Income tax expense(benefit)$11,293K (-9.58%↓ Y/Y)Other operatingexpenses$29,964K Losses and lossadjustment expenses$260,305K (6.87%↑ Y/Y)Policy acquisitioncosts$61,878K