Universal Historical Income Statement
| UVE Stock | USD 19.10 0.51 2.60% |
Historical analysis of Universal Insurance income statement accounts such as Depreciation And Amortization of 7.7 M, Interest Expense of 6.9 M, Total Revenue of 1.5 B or Gross Profit of 1.5 B can show how well Universal Insurance Holdings performed in making a profits. Evaluating Universal Insurance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Universal Insurance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Universal Insurance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Universal Insurance is a good buy for the upcoming year.
Universal |
About Universal Income Statement Analysis
Universal Insurance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Universal Insurance shareholders. The income statement also shows Universal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Universal Insurance Income Statement Chart
Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Universal Insurance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Universal Insurance Holdings minus its cost of goods sold. It is profit before Universal Insurance operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Universal Insurance. It is also known as Universal Insurance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Universal Insurance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Universal Insurance current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At present, Universal Insurance's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.5 B, whereas EBIT is projected to grow to (0.95).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 1.2B | 1.4B | 1.5B | Total Revenue | 1.1B | 1.2B | 1.4B | 1.5B |
Universal Insurance income statement Correlations
Click cells to compare fundamentals
Universal Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Insurance income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 5.0M | 5.1M | 6.9M | 7.3M | 7.3M | 7.7M | |
| Interest Expense | 248K | 102K | 652K | 6.6M | 6.5M | 6.9M | |
| Total Revenue | 939.4M | 1.1B | 1.1B | 1.2B | 1.4B | 1.5B | |
| Gross Profit | 939.4M | 982.1M | 1.0B | 1.2B | 1.4B | 1.5B | |
| Other Operating Expenses | 875.8M | 1.0B | 1.1B | 1.2B | 1.3B | 1.4B | |
| Operating Income | 55.5M | 15.7M | 20.8M | (12.5M) | (1.0) | (0.95) | |
| Ebit | 55.5M | 15.7M | 20.8M | (12.5M) | (1.0) | (0.95) | |
| Ebitda | 60.5M | 20.8M | 27.7M | (5.2M) | 7.3M | 6.9M | |
| Total Operating Expenses | (883.8M) | (1.1B) | (1.1B) | 1.2B | 304.1M | 319.3M | |
| Income Before Tax | 63.5M | 24.2M | 28.4M | (27.2M) | 88.3M | 49.5M | |
| Total Other Income Expense Net | 8.0M | 8.5M | 7.6M | (14.7M) | 88.3M | 92.8M | |
| Net Income | 46.5M | 19.1M | 20.4M | (22.3M) | 66.8M | 70.2M | |
| Income Tax Expense | 17.0M | 5.1M | 8.0M | (5.0M) | 21.5M | 19.7M | |
| Selling General Administrative | 94.7M | 90.5M | 88.1M | 90.6M | 96.1M | 91.3M | |
| Cost Of Revenue | 99.2M | 603.4M | 90.6M | 88.1M | 101.3M | 130.9M | |
| Net Income Applicable To Common Shares | 46.5M | 19.1M | 20.4M | (22.3M) | (25.6M) | (24.3M) | |
| Net Income From Continuing Ops | 80.5M | 19.1M | 20.4M | (22.3M) | 66.8M | 52.2M | |
| Tax Provision | 17.0M | 5.1M | 8.0M | (5.0M) | 21.5M | 24.7M | |
| Net Interest Income | (248K) | (102K) | (652K) | (6.6M) | (6.5M) | (6.2M) | |
| Reconciled Depreciation | 5.0M | 5.1M | 6.9M | 7.3M | 7.3M | 6.4M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Universal Stock
When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Insurance. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.443 | Dividend Share 0.64 | Earnings Share 2.57 | Revenue Per Share 48.998 | Quarterly Revenue Growth 0.163 |
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.