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Universal Insurance Holdings Inc   (UVE)
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Universal Insurance Holdings Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Universal Insurance Holdings Inc 's ROA in the fourth quarter of 2023?
Universal Insurance Holdings Inc achieved a return on average assets (ROA) of 3.34 % in its fourth quarter of 2023, which is below Universal Insurance Holdings Inc 's average return on assets, which stands at 5.32%.

ROA fell compared to the third quarter of 2023, despite the net income growth of % from the third quarter of 2023.

However, within the Financial sector 135 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 1258, from total ROA ranking in the third quarter of 2023 at 1673.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change -22.35 % -23.5 % -8.75 % 29.97 % 14.94 %
Y / Y Net Income Change -20.36 % - 287.6 % 37.84 % 24.42 %
Net Income (TTM) in million 67 72 6 -16 -22
Return On Assets (TTM) 3.34 % 3.37 % 0.24 % -0.67 % -1.01 %
UVE's Total Ranking # 1258 # 1673 # 2647 # 2913 # 3357
Total Assets (TTM) in million 1,844 1,869 2,101 2,189 2,374
Seq. Total Assets Change -1.34 % -11.06 % -3.98 % -7.83 % -2.81 %
Seq. Net Income Change - - 18.17 % -3.74 % -



Return On Assets Company Ranking
Within: No.
Industry # 24
Sector # 136
Overall # 1255

Return On Assets Statistics
High Average Low
11.14 %
5.32 %
-1.16 %
(June 30. 2016)   (Sep 30 2022)





Financial Statements
Universal Insurance Holdings Inc 's Assets $ 1,844 million UVE's Balance sheet
Universal Insurance Holdings Inc 's Income $ 20 million Quarterly UVE's Income Statement
UVE's Income by Division See UVE's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change -22.35 % 41.86 % -0.14 % 71.97 % -33.01 %
Total Assets in million 1,844 2,374 1,674 1,676 975
Y / Y Net Income Change - - -58.93 % -60.26 % 9.46 %
Net Income in million 67 -22 19 47 117
Return On Assets 3.62 % -0.94 % 1.14 % 2.78 % 12.01 %




Comment on UVE's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 3.62 % compared to prior year, due to annual net income growth of % to $66.82 million, and due to decline of value in Universal Insurance Holdings Inc 's assets by -22.35 % to $1,843.88 million, compared to $1,843.88 a year before.


More Return On Assets Ratios
UVE's' Return on Assets at Yahoo Finance
Property & Casualty Insurance Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
UVE's Roa Ratio versus Property & Casualty Insurance Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for UVE's Competitors
Roa for Universal Insurance Holdings Inc 's Suppliers
Return On Assets for UVE's Customers

You may also want to know
UVE's Roi UVE's Inventory Turnover Ratio UVE's Growth Rates UVE's Dividend Comparisons
UVE's Profitability Ratios UVE's Asset Turnover Ratio UVE's Dividend Growth
UVE's Roe UVE's Valuation Ratios UVE's Financial Strength Ratios UVE's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Financial Sector ROA
Kinsale Capital Group Inc   9.14 %
Houlihan Lokey Inc   9.07 %
Evercore Inc   8.96 %
Marsh and Mclennan Companies Inc   8.59 %
Renaissancere Holdings Ltd   8.54 %
Unitedhealth Group Incorporated  8.27 %
Radian Group Inc  8.18 %
Arch Capital Group Ltd   8.11 %
Simon Property Group inc   7.85 %
Assetmark Financial Holdings Inc   7.82 %
Molina Healthcare Inc   7.68 %
Aon Plc  7.65 %
Lamar Advertising Co  7.61 %
Everest Group Ltd   7.51 %
Creditriskmonitor com Inc   7.36 %
Alexanders Inc  7.29 %
Digitalbridge Group Inc   7.17 %
Ryman Hospitality Properties inc   7.09 %
White Mountains Insurance Group ltd   7.07 %
Goosehead Insurance Inc   7.07 %
Gaming And Leisure Properties inc   6.69 %
Janus Henderson Group Plc  6.60 %
Investors Title Co  6.59 %
Tradeweb Markets Inc   6.38 %
World Acceptance Corp  6.10 %
Income Opportunity Realty Investors Inc   6.05 %
Rli Corp  6.04 %
Vici Properties Inc   5.98 %
Blackstone Inc  5.94 %
Equity Lifestyle Properties Inc   5.90 %


Date modified: 2024-02-29T18:49:22+00:00


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