UVE Q1 2023 Earnings — Universal Insurance Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UVEUniversal Insurance Holdings, Inc.

$974M

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$317M+10.1% YoY

Gross Profit

$59M18.5% margin

Operating Income

$33M10.4% margin

Net Income

$24M7.6% margin

EPS (Diluted)

$0.79

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

-$50M

Free Cash Flow

-$51M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.2B

Stockholders' Equity

$322M

Cash & Equivalents

$330M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$317M	$287M	+10.1%
Gross Profit	$59M	$48M	+23.1%
Operating Income	$33M	$22M	+45.9%
Net Income	$24M	$18M	+37.8%