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Universal Insurance Holdings (STU:5UI) Tax Rate % : 29.12% (As of Mar. 2024)


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What is Universal Insurance Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Universal Insurance Holdings's Tax Expense for the three months ended in Mar. 2024 was €13 Mil. Universal Insurance Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €44 Mil. Therefore, Universal Insurance Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 29.12%.

Universal Insurance Holdings Tax Rate % Historical Data

The historical data trend for Universal Insurance Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Universal Insurance Holdings Tax Rate % Chart

Universal Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.77 21.16 28.18 18.32 24.36

Universal Insurance Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.28 23.90 24.90 22.77 29.12

Universal Insurance Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Universal Insurance Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=19.739/81.016
=24.36 %

Universal Insurance Holdings's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=12.721/43.685
=29.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Universal Insurance Holdings Tax Rate % Related Terms

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Universal Insurance Holdings (STU:5UI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Universal Insurance Holdings Inc (STU:5UI) » Definitions » Tax Rate %
Comparable Companies
UFCS ACIC DGICA GBLI PRA HGTY BOW NODK ROOT HRTG PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
UVE:USA 5UI:Germany
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Website
https://www.universalinsuranceholdings.com
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.

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