UVE Q2 2023 Earnings — Universal Insurance Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UVEUniversal Insurance Holdings, Inc.

$974M

Q2 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$340M+16.3% YoY

Gross Profit

$64M18.8% margin

Operating Income

$38M11.1% margin

Net Income

$29M8.4% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$50M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.6B

Stockholders' Equity

$335M

Cash & Equivalents

$292M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$340M	$292M	+16.3%
Gross Profit	$64M	$38M	+69.8%
Operating Income	$38M	$11M	+251.5%
Net Income	$29M	$7M	+287.6%