UVE Q3 2024 Earnings — Universal Insurance Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UVEUniversal Insurance Holdings, Inc.

$974M

Q3 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$388M+7.6% YoY

Gross Profit

$12M3.1% margin

Operating Income

-$18M-4.7% margin

Net Income

-$16M-4.2% margin

EPS (Diluted)

$-0.57

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$81M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.3B

Stockholders' Equity

$400M

Cash & Equivalents

$334M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$388M	$360M	+7.6%
Gross Profit	$12M	$19M	-36.8%
Operating Income	-$18M	-$8M	-130.1%
Net Income	-$16M	-$6M	-173.3%