Universal Insurance Holdings

Universal Insurance Holdings provides various property and casualty insurance products in the United States. The Company primarily underwrites homeowners' insurance products and offers reinsurance intermediary services. It offers its products through a network of independent agents. Universal Insurance Holdings also operates Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies.

Revenue(FY, 2016)

$685.3 M

Market capitalization(2018-06-22)

$1.2 B

Reported Claims, units(FY, 2016)

35.7 K

Type

Public

Fort Lauderdale, US

Founded

1990

Size (employees)

483 (est)

Website

universalinsuranceholdings.com

Universal Insurance Holdings was founded in 1990 and is headquartered in Fort Lauderdale, US

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Universal Insurance Holdings Office Locations

Universal Insurance Holdings has offices in Fort Lauderdale and New York

Fort Lauderdale, US (HQ)

100 1110 W Commercial Blvd

New York, US

17 Battery Pl

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Universal Insurance Holdings Financials and Metrics

Universal Insurance Holdings Financials

Universal Insurance Holdings's revenue was reported to be $685.29 m in FY, 2016 which is a 25.4% increase from the previous period.

Summary

USD
Net income (Q1, 2018)	40.1 m
Market capitalization (22-Jun-2018)	1.2 b
Closing share price (22-Jun-2018)	35.4
Cash (31-Mar-2018)	244.7 m
EV	1 b

Universal Insurance Holdings's current market capitalization is $1.2 b.

Income Statement

Annual

usd	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	239.9 m	225.9 m	269.9 m	301.2 m	369.3 m	546.5 m	685.3 m
Revenue growth, %		(6%)	20%	12%	23%	48%	25%
General and administrative expense							221.2 m
Operating expense total							221.2 m

Quarterly

USD	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q1, 2018
General and administrative expense	24.9 m	24.4 m	28.9 m	32.2 m	32.2 m	42.7 m	55.3 m	57.2 m	54.7 m	56.9 m	57.4 m	63.9 m
Operating expense total	53.3 m	51.2 m	56.6 m	66.3 m	65.8 m	82.4 m	109.1 m	123.3 m	128.3 m	127.5 m	137.6 m	139.8 m
Pre tax profit	25.1 m	23.1 m	30.4 m	37.2 m	38 m	41.2 m	47.9 m	41.1 m	44.2 m	47.4 m	47.9 m	51.7 m
Income tax expense					15.7 m	16.5 m	17.6 m	15.9 m	17.3 m	16.2 m	18.5 m	11.6 m

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Balance Sheet

Annual

usd	Y, 2009	Y, 2010	Y, 2011	Y, 2012	Y, 2013	Y, 2014	Y, 2015	FY, 2016
Cash	173.8 m	133.6 m	229.7 m	347.4 m	117.3 m	115.4 m	197 m	105.7 m
Accounts Receivable					2.6 m	2.8 m		5.8 m
Inventories
PP&E					9.3 m	17.3 m		32.2 m

Quarterly

USD	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q1, 2018
Cash	137.3 m	122.8 m	201.4 m	170.4 m	182.3 m	213.3 m	201.8 m	160 m	215.3 m	205.2 m	160.4 m	245.5 m	244.7 m
Accounts Receivable	3.4 m	3.3 m	3.3 m	3.2 m	3.3 m	4.5 m	5.2 m	21.8 m	6.2 m	5.9 m	5.4 m	7.8 m
PP&E	9.3 m	9.7 m	9.8 m	10 m	21.2 m	23.8 m	26.3 m	28.1 m	29.7 m	30.8 m	32.5 m	33.1 m	33.2 m
Total Assets	972.3 m	901.4 m	950.4 m	940.3 m	967.2 m	1 b	1.1 b	1 b	1.1 b	1.2 b	1.1 b	1.4 b	1.3 b

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Cash Flow

Annual

usd	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	59 m	73 m	106.5 m	99.4 m
Depreciation and Amortization	1 m	1.2 m	2 m	3.2 m
Accounts Payable	(927 k)	680 k	(3.7 m)	2.8 m

Quarterly

USD	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q1, 2018
Net Income	14.4 m	13.5 m	17.1 m	21.3 m	22.3 m	24.7 m	30.3 m	25.2 m		26.9 m	31.2 m
Accounts Payable			4.8 m	4.5 m	2.5 m	2 m	1.6 m	3.9 m	2.9 m	2.3 m	3.3 m
Cash From Operating Activities												52.3 m
Purchases of PP&E												(1.3 m)