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Universal Insurance Holdings UVE Policy acquisition costs

Policy acquisition costs at other companies

Kemper logo
KemperKMPR
$169.55M+5.7%
Mercury General logo
Mercury GeneralMCY
$2.7M-6.9%
Kemper logo
KemperKMPR
$29.3M-1.3%
Hagerty logo
HagertyHGTY
$101.92M+31.8%
Axis Capital Holders logo
Axis Capital HoldersAXS
$223.77M+15.3%
Mercury General logo
Mercury GeneralMCY
$237.8M+5.3%

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 uve:PolicyAcquisitionCosts.

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 policy acquisition costs?
Universal Insurance Holdings (UVE) reported policy acquisition costs of $64.47M in Q1 2026.
How has Universal Insurance Holdings's policy acquisition costs changed year-over-year?
Universal Insurance Holdings's policy acquisition costs increased by 6.4% year-over-year, from $60.57M to $64.47M.
What does policy acquisition costs mean?
This metric represents the total costs incurred by an insurance company to acquire new policies or renew existing ones, including commissions paid to agents and underwriting expenses. It serves as a key indicator of the efficiency of the company's distribution network and marketing strategy. Monitoring this helps investors assess the cost-effectiveness of growth initiatives relative to the premiums generated.