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UVE (Universal Insurance Holdings) Net Margin % : -4.17% (As of Sep. 2024)


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What is Universal Insurance Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Universal Insurance Holdings's Net Income for the three months ended in Sep. 2024 was $-16 Mil. Universal Insurance Holdings's Revenue for the three months ended in Sep. 2024 was $388 Mil. Therefore, Universal Insurance Holdings's net margin for the quarter that ended in Sep. 2024 was -4.17%.

The historical rank and industry rank for Universal Insurance Holdings's Net Margin % or its related term are showing as below:

UVE' s Net Margin % Range Over the Past 10 Years
Min: -1.82   Med: 9.58   Max: 19.77
Current: 4.83


UVE's Net Margin % is ranked worse than
67.64% of 479 companies
in the Insurance industry
Industry Median: 8.36 vs UVE: 4.83

Universal Insurance Holdings Net Margin % Historical Data

The historical data trend for Universal Insurance Holdings's Net Margin % 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.

* Premium members only.

Universal Insurance Holdings Net Margin % Chart

Universal Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 1.78 1.82 -1.82 4.80

Universal Insurance Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.64 5.33 9.15 9.31 -4.17

Competitive Comparison of Universal Insurance Holdings's Net Margin %

For the Insurance - Property & Casualty subindustry, Universal Insurance Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Universal Insurance Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Universal Insurance Holdings's Net Margin % falls into.



Universal Insurance Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Universal Insurance Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=66.823/1391.582
=4.80 %

Universal Insurance Holdings's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-16.163/387.554
=-4.17 %

* 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.


Universal Insurance Holdings  (NYSE:UVE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Universal Insurance Holdings Net Margin % Related Terms

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Universal Insurance Holdings Business Description

Traded in Other Exchanges
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company develops, markets, and underwrites insurance products for consumers predominantly in the personal residential homeowners' lines of business and performs substantially all other insurance-related services for its primary insurance entities, including risk management, claims management, and distribution. The company generates revenue from the collection of premiums. It operates within Florida and across the United States. The company's primary insurance subsidiaries, (UPCIC) and (APPCIC) provide insurance for personal residential: homeowners, renters/tenants, condo unit owners, and other related coverages.
Executives
Sean P Downes director 2875 N.E. 191ST, SUITE 300, MIAMI FL 33180
Jon Springer director, officer: President and CRO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Michael Pietrangelo director 6410 POPLAR AVE, STE 190, MIMPHIS TN 38119
Stephen Donaghy director, officer: CEO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Gary Lloyd Ropiecki officer: Principal Accounting Officer 1110 W. COMMERCIAL BLVD., 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