Financial Statements

Universal Insurance Holdings, Inc. (UVE)

$12.19

-0.26 (-2.09%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 568574553465-
Net Income 201947117107
Stock Dividends -0-1-0-3382
Dividend Paid -24-25-26-26-24
Retained Earnings 564568574553465

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 54413533-
Annual Depreciation 72918937
Capital Expenditure -7-17-11-7-5
Net PPE 5454413533

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2222
New Purchases -280-463-223-1,191-506
Intangible and Goodwill 22222

Universal Insurance Holdings, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Universal Insurance Holdings, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.