UVE Q4 2023 Earnings — Universal Insurance Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UVEUniversal Insurance Holdings, Inc.

$974M

Q4 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$375M+13.7% YoY

Gross Profit

$50M13.2% margin

Operating Income

$26M6.9% margin

Net Income

$20M5.3% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$340,000

Free Cash Flow

-$810,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.0B

Stockholders' Equity

$341M

Cash & Equivalents

$397M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$375M	$330M	+13.7%
Gross Profit	$50M	$57M	-13.1%
Operating Income	$26M	$33M	-21.1%
Net Income	$20M	$25M	-20.4%