Filing Flows › Universal Insurance Holdings (UVE) › Q1 2025
Universal Insurance Holdings (UVE) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Universal Insurance Holdings (UVE) reported revenue of $395M for the first quarter 2025 (Q1 2025), +7% from a year earlier and +3% from the quarter before. Operating margin was 14.5%, net earnings $41.4M (10.5% of revenue).
Universal Insurance Holdings, Q1 2025: revenue $395M (+7% year over year), operating margin 14.5%, net earnings $41.4M, operating cash flow $187M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $395M | +3% | +7% |
| Operating profit | $57.1M | +537% | +16% |
| Net earnings | $41.4M | +589% | +23% |
| Operating cash flow | $187M | — | +125% |
| Free cash flow | $186M | — | +133% |
What changed
Revenue was $394.9M in Q1 2025, up 7% year over year and up 3% from the previous quarter.
Operating profit was $57.1M, a 14.5% margin (up 1.1 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, above the 13% margin then. Total costs grew 6% against revenue growth of 7%. The fastest-growing cost line was SG&A (+11%). Net earnings were $41.4M, up 23% year over year. The effective tax rate was 25.3%.
Operating cash flow was $186.8M (up 125% year over year), 451% of net earnings. Non-cash charges added back $75K of depreciation. Working capital and other items added $145.3M. Capital expenditures of $1.2M left free cash flow of $185.5M.
Questions
What was Universal Insurance Holdings' revenue in the first quarter 2025?
Universal Insurance Holdings (UVE) reported revenue of $395M for the first quarter 2025 (Q1 2025), +7% from a year earlier and +3% from the quarter before.
Was Universal Insurance Holdings profitable in the first quarter 2025?
Operating profit was $57.1M (14.5% of revenue) and net earnings $41.4M.