UVE Q1 2022 Earnings — Universal Insurance Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UVEUniversal Insurance Holdings, Inc.

$974M

Q1 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$287M+9.4% YoY

Gross Profit

$48M16.6% margin

Operating Income

$22M7.8% margin

Net Income

$18M6.1% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$29M

Stock-Based Comp.

-$209,000

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.4B

Stockholders' Equity

$396M

Cash & Equivalents

$165M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$287M	$263M	+9.4%
Gross Profit	$48M	$62M	-23.6%
Operating Income	$22M	$36M	-38.2%
Net Income	$18M	$26M	-33.6%