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Universal Insurance Holdings UVE Direct premiums earned

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W.R. BerkleyWRB

Other financials

Income statement

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Revenue$427.0M+6.7%
Net income$59.2M+68.7%
EPS (diluted)$2.04+68.6%

Balance sheet

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Cash & equivalents$532.2M+22.1%
Total debt$97.9M-3.0%
Total equity$637.2M+39.2%
Total assets$3.3B+0.9%

Cash flow

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Operating cash flow$154.8M-17.1%
CapEx$1.6M+28.8%
Free cash flow$153.2M-17.4%

Valuation

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Market cap$1.25B+82.0%
Enterprise value$820.28M+133%
P/E5.7×-4.7×
P/S0.8×+0.3×

Profitability

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Net margin13.5%+9.3pp
FCF margin21.5%

Returns & leverage

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Return on equity40.2%+24.6pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Universal Insurance Holdings in its filing.

Tagged under the XBRL concept us-gaap:DirectPremiumsEarned.

The source filing: Universal Insurance Holdings’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000891166-26-000046
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
REVENUES
Direct premiums written$506,547$467,078
Change in unearned premiums24,87446,179
Direct premiums earned531,421513,257
Ceded premiums earned(174,519)(157,536)
Premiums earned, net356,902355,721
Net investment income19,48716,060
Net realized gains (losses) on investments734(14)

Item 1. Financial Statements

FAQ

What is Universal Insurance Holdings's direct premiums earned?
Universal Insurance Holdings (UVE) reported direct premiums earned of $531.42M in Q1 2026.
How has Universal Insurance Holdings's direct premiums earned changed year-over-year?
Universal Insurance Holdings's direct premiums earned increased by 3.5% year-over-year, from $513.26M to $531.42M.
What is the long-term trend for Universal Insurance Holdings's direct premiums earned?
Over 4 years (2021 to 2025), Universal Insurance Holdings's direct premiums earned has grown at a 7.2% compound annual growth rate (CAGR), from $1.6B to $2.11B.
What does direct premiums earned mean?
The portion of direct premiums written that corresponds to the coverage period already provided to policyholders. It represents the revenue recognized from insurance contracts before adjusting for reinsurance activity.

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