← UNIVERSAL INSURANCE HOLDINGS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $99.4m |
$106.9m
+7.57%
|
$117.1m
+9.46%
|
$46.5m
-60.26%
|
$19.1m
-58.93%
|
$20.4m
+6.81%
|
($22.3m)
-209.07%
|
$66.8m
+400.23%
|
$58.9m
-11.81%
|
$183.0m
+210.47%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $99.4m |
$106.9m
+7.57%
|
$117.0m
+9.46%
|
$46.5m
-60.27%
|
$19.1m
-58.94%
|
$20.4m
+6.82%
|
($22.3m)
-209.17%
|
$66.8m
+400.05%
|
$58.9m
-11.82%
|
$182.9m
+210.50%
|
— | |
| Depreciation and amortization | $3.2m | $3.9m | $4.4m | $4.5m | $4.7m | $6.6m | $7.1m | $7.1m | $6.2m | $6.3m | $6.4m | |
| Depreciation, Depletion and Amortization | $3.2m | $4.1m | $4.8m | $5.0m | $5.1m | $6.9m | $7.3m | $7.3m | $6.1m | $6.4m | $6.4m | |
| Amortization of Debt Issuance Costs | — | — | — | $0 | $0 | $56k | $703k | $708k | $708k | $708k | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | $1.7m | $4.6m | $56k | $703k | $708k | $708k | $708k | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $125.3m | $136.7m | $163.2m | $176.8m | $199.2m | $224.1m | $217.2m | $211.0m | $228.3m | $246.8m | — | |
| Depreciation | $3.2m | $4.1m | $4.8m | $5.0m | $5.1m | $6.9m | $7.3m | $186k | $208k | $250k | $6.4m | |
| Deferred Income Tax Expense (Benefit) | $4.7m | $1.3m | ($3.7m) | $2.0m | $2.8m | ($4.3m) | ($12.1m) | $4.4m | ($2.6m) | $2.6m | $2.6m | |
| Share-based Payment Arrangement, Noncash Expense | $10.3m | $10.5m | $12.8m | $13.0m | $8.7m | $5.8m | $4.7m | $2.9m | $8.1m | $8.7m | $8.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $5.5m | $7.2m | $12.7m | $3.7m | $1.3m | $1.1m | $418k | $339k | $1.4m | $6.1m | — | |
| Share-based Payment Arrangement, Expense | $10.3m | $10.5m | $12.8m | $13.0m | $8.7m | $5.8m | $4.7m | $5.0m | $8.6m | $9.4m | $8.7m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Payable | $2.8m | ($321k) | $193k | ($960k) | — | — | — | — | — | — | $36.9m | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $301.2m | $350.4m | $414.5m | $603.4m | $758.8m | $779.2m | $938.4m | $992.6m | $1.1b | $985.9m | — | |
| Increase (Decrease) in Other Operating Assets | $320k | $1.9m | $968k | $2.5m | ($862k) | ($697k) | $853k | $3.0m | $8.0m | ($4.9m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $121.4m |
$245.0m
+101.83%
|
$230.1m
-6.08%
|
$84.6m
-63.24%
|
$29.3m
-65.31%
|
$234.4m
+698.62%
|
$324.5m
+38.46%
|
$71.0m
-78.13%
|
$137.4m
+93.54%
|
$381.5m
+177.74%
|
$381.5m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.2m | $4.6m | $6.7m | $11.3m | $17.2m | $7.2m | $4.9m | $4.0m | $7.4m | $4.4m | ($4.7m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $54.6m | $97.2m | $111.3m | $145.5m | $140.0m | $89.5m | $69.0m | $109.1m | $107.1m | $190.8m | — | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | $0 | ($605k) | $303k | $431k | ($354k) | $452k | ($386k) | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | ($2.1m) | ($12.7m) | $63.4m | $5.9m | $348k | ($1.2m) | ($1.3m) | $5.7m | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | $4.2m | $25k | ($3.5m) | ($13.2m) | $3.7m | — | — | $1.2m | |
| Net Cash Provided by (Used in) Investing Activities | ($174.3m) | ($85.7m) | ($212.3m) | $28.3m | $22.0m | ($229.4m) | ($148.9m) | ($15.3m) | ($228.1m) | ($113.6m) | ($119.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | $100.0m | $0 | $0 | — | — | $0 | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | ($12.7m) | $63.4m | $5.9m | $348k | ($1.2m) | ($1.3m) | $5.7m | — | |
| Payments for Repurchase of Common Stock | $8.5m | $18.1m | $25.3m | $66.2m | $28.9m | $1.6m | $11.6m | $22.0m | $21.9m | $22.4m | — | |
| Payments of Ordinary Dividends, Common Stock | $24.2m | $24.0m | $25.5m | $26.1m | $24.5m | $24.2m | $23.8m | $23.3m | $22.3m | $22.2m | ($22.1m) | |
| Net Cash Provided by (Used in) Financing Activities | ($38.4m) |
($51.5m)
-34.34%
|
($64.9m)
-25.86%
|
($97.2m)
-49.89%
|
($56.3m)
+42.14%
|
$68.3m
+221.39%
|
($37.5m)
-154.84%
|
($47.1m)
-25.80%
|
($47.1m)
-0.02%
|
($52.1m)
-10.59%
|
($59.6m)
-14.26%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($91.3m) | $107.8m | ($47.1m) | $15.7m | ($4.9m) | $73.3m | $138.2m | $8.6m | ($137.9m) | $215.8m | $600.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $169.1m | $184.7m | $179.9m | $253.1m | $391.3m | $399.9m | $262.1m | $477.8m | $600.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $421k | $348k | $346k | $248k | $102k | $127k | $5.8m | $5.8m | $5.8m | $5.7m | — | |
| Income Taxes Paid, Net | $63.4m | $68.9m | $42.0m | $38.9m | $21k | $12.3m | $4.2m | $9.7m | $27.6m | $35.6m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($16.5m) | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $714k | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($17.2m) | $23.2m | $25k | ($4.0m) | ($13.1m) | $12.0m | $9.9m | ($1.2m) | — | |
| Gains (Losses) on Sales of Investment Real Estate | ($5.5m) | ($7.2m) | ($6.4m) | $1.2m | $0 | $401k | $0 | $0 | ($2.8m) | $0 | — | |
| Income Tax Expense (Benefit) | $63.5m | $63.5m | $35.8m | $17.0m | $5.1m | $8.0m | ($5.0m) | $21.5m | $25.7m | $60.1m | — | |
| Insurance Services Revenue | — | — | $20.3m | $21.6m | — | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | $46.9m | $122.2m | $96.6m | $121.3m | $151.0m | $149.9m | — | — | — | — | — | |
| Proceeds from Contributions from Parent | $2.0m | — | $0 | $0 | $114.0m | $92.0m | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $119k | — | $102k | $238k | $0 | $0 | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.