Universal Cost Of Revenue from 2010 to 2024

UVE Stock  USD 22.72  0.26  1.13%   
Universal Insurance's Cost Of Revenue is increasing over the years with stable fluctuation. Overall, Cost Of Revenue is expected to go to about 130.9 M this year. During the period from 2010 to 2024 Universal Insurance Cost Of Revenue annual values regression line had geometric mean of  116,321,655 and mean square error of 23286.8 T. View All Fundamentals
 
Cost Of Revenue  
First Reported
1993-03-31
Previous Quarter
2.3 M
Current Value
2.1 M
Quarterly Volatility
42.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Insurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 M, Interest Expense of 6.9 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0571 or PTB Ratio of 1.47. Universal financial statements analysis is a perfect complement when working with Universal Insurance Valuation or Volatility modules.
  
Check out the analysis of Universal Insurance Correlation against competitors.

Latest Universal Insurance's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Universal Insurance Holdings over the last few years. Cost of Revenue is found on Universal Insurance income statement and represents the costs associated with goods and services Universal Insurance provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Universal Insurance's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Insurance's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Pretty Stable
   Cost Of Revenue   
       Timeline  

Universal Cost Of Revenue Regression Statistics

Arithmetic Mean168,496,473
Geometric Mean116,321,655
Coefficient Of Variation87.79
Mean Deviation102,508,814
Median123,275,000
Standard Deviation147,927,102
Sample Variance21882.4T
Range599.2M
R-Value0.11
Mean Square Error23286.8T
R-Squared0.01
Significance0.70
Slope3,598,203
Total Sum of Squares306354T

Universal Cost Of Revenue History

2024130.9 M
2023101.3 M
202188.1 M
202090.6 M
2019603.4 M
201899.2 M
2017350.4 M

About Universal Insurance Financial Statements

Universal Insurance stakeholders use historical fundamental indicators, such as Universal Insurance's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Universal Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Universal Insurance's assets and liabilities are reflected in the revenues and expenses on Universal Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Universal Insurance Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue101.3 M130.9 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out the analysis of Universal Insurance Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Insurance. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.301
Dividend Share
0.64
Earnings Share
2.48
Revenue Per Share
52.62
Quarterly Revenue Growth
0.076
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.