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Universal Insurance Holdings UVE State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

Employers Holdings logo
Employers HoldingsEIG
4.3%+3.9pp
The Baldwin Insurance Group, Inc. logo
The Baldwin Insurance Group, Inc.BWIN
-3.3%
Corebridge Financial logo
Corebridge FinancialCRBG
1.7%+1.2pp

Other financials

Income statement

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Revenue$393.6M-0.3%
Net income$54.3M+31.0%
EPS (diluted)$1.88+30.6%

Balance sheet

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Cash & equivalents$598.4M+49.3%
Total debt$100.3M-0.8%
Total equity$584.7M+38.4%
Total assets$2.8B+2.0%

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$1.14B+43.7%
Enterprise value$638.15M+25.3%
P/E5.8×-6.0×
P/S0.7×+0.2×

Profitability

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Net margin12.2%+7.9pp
FCF margin21.5%

Returns & leverage

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Return on equity38.9%+21.9pp
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:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Universal Insurance Holdings’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Universal Insurance Holdings's state income taxes – net of federal income tax benefit?
Universal Insurance Holdings (UVE) reported state income taxes – net of federal income tax benefit of 2.4% in Q1 2026.
How has Universal Insurance Holdings's state income taxes – net of federal income tax benefit changed year-over-year?
Universal Insurance Holdings's state income taxes – net of federal income tax benefit decreased by 14.3% year-over-year, from 2.8% to 2.4%.