Universal Insurance Holdings (Universal Insurance Holdings) Gross-Profit-to-Asset %

: 61.61% (As of Dec. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Universal Insurance Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was $1,502 Mil. Universal Insurance Holdings's average Total Assets over the quarter that ended in Dec. 2023 was $2,438 Mil. Therefore, Universal Insurance Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 61.61%.

Universal Insurance Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Universal Insurance Holdings's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Universal Insurance Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

52.50

61.68

58.81

49.44

53.45

Universal Insurance Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %																43.92	46.54	49.67	52.59	61.61

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Universal Insurance Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Universal Insurance Holdings Gross-Profit-to-Asset % Distribution

For the Insurance industry and Financial Services sector, Universal Insurance Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Universal Insurance Holdings's Gross-Profit-to-Asset % falls into.

Universal Insurance Holdings Gross-Profit-to-Asset % Calculation

Universal Insurance Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	1391.582	/	( (2890.154	+	2316.561)	/ 2 )
	=	1391.582	/	2603.3575
	=	53.45 %

Universal Insurance Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1501.824	/	( (2558.855	+	2316.561)	/ 2 )
	=	1501.824	/	2437.708
	=	61.61 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Universal Insurance Holdings Gross-Profit-to-Asset % Related Terms

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Universal Insurance Holdings (Universal Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Universal Insurance Holdings Inc (NYSE:UVE) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

5UI:Germany

Address

1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309

Website

https://www.universalinsuranceholdings.com

Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.

Executives

Sean P Downes	director	2875 N.E. 191ST, SUITE 300, MIAMI FL 33180
Stephen Donaghy	director, officer: CEO	UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Michael Pietrangelo	director	6410 POPLAR AVE, STE 190, MIMPHIS TN 38119
Gary Lloyd Ropiecki	officer: Principal Accounting Officer	1110 W. COMMERCIAL BLVD., FORT LAUDERDALE FL 33309
Jon Springer	director, officer: President and CRO	UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Shannon A Brown	director	1001 TILLMAN STREET, MEMPHIS TN 38112
Mccahill Francis Xavier Iii	director	1314 SOUTH RAMONA AVENUE, INDIALANTIC FL 32903
Scott P. Callahan	director	1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Joel Wilentz	director	5811 SW 33RD TERR, FORT LAUDERDALE FL 33312
Ozzie A Schindler	director	1451 STILLWATER DRIVE, MIAMI BEACH FL 33141-1031
Richard D Peterson	director	1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Marlene Gordon	director	C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33134
Frank Wilcox	officer: CFO, Principal Acct. Officer	1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Kimberly D Campos	director, officer: CIO & CAO	1110 WEST COMMERCIAL BOULEVARD, SUITE 100, FORT LAUDERDALE FL 33309
Ralph J. Palmieri	director	1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309