UVE Q2 2022 Earnings — Universal Insurance Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UVEUniversal Insurance Holdings, Inc.

$974M

Q2 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$292M+4.6% YoY

Gross Profit

$38M12.9% margin

Operating Income

$11M3.7% margin

Net Income

$7M2.5% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$253M

Free Cash Flow

$251M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.0B

Stockholders' Equity

$367M

Cash & Equivalents

$317M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$292M	$279M	+4.6%
Gross Profit	$38M	$55M	-31.9%
Operating Income	$11M	$30M	-64.5%
Net Income	$7M	$22M	-66.4%