UFCS
Income statement / Annual
Last year (2024), United Fire Group, Inc.'s total revenue was $1.25 B,
an increase of 13.98% from the previous year.
In 2024, United Fire Group, Inc.'s net income was $61.96 M.
See United Fire Group, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$1.25 B |
$1.10 B |
$988.22 M |
$1.06 B |
$1.08 B |
$1.20 B |
$1.08 B |
$1.06 B |
$986.18 M |
$896.96 M |
| Cost of Revenue |
$1.03 B
|
$1.01 B
|
$850.38 M
|
$855.59 M
|
$1.08 B
|
$1.05 B
|
$937.84 M
|
$933.46 M
|
$875.40 M
|
$723.95 M
|
| Gross Profit |
$225.92 M
|
$83.93 M
|
$137.84 M
|
$200.91 M
|
-$1.46 M
|
$153.18 M
|
$142.44 M
|
$122.09 M
|
$110.78 M
|
$173.01 M
|
| Gross Profit Ratio |
0.18
|
0.08
|
0.14
|
0.19
|
-0
|
0.13
|
0.13
|
0.12
|
0.11
|
0.19
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$148.88 M
|
$123.65 M
|
$125.76 M
|
$104.06 M
|
$168.06 M
|
$136.30 M
|
$151.59 M
|
$106.44 M
|
$53.28 M
|
$57.64 M
|
| Operating Expenses |
$148.88 M
|
$123.65 M
|
$125.76 M
|
$104.06 M
|
$168.06 M
|
$136.30 M
|
$151.59 M
|
$106.44 M
|
$53.28 M
|
$57.64 M
|
| Cost And Expenses |
$1.17 B
|
$1.14 B
|
$976.14 M
|
$959.65 M
|
$1.25 B
|
$1.18 B
|
$1.09 B
|
$1.04 B
|
$928.69 M
|
$781.59 M
|
| Interest Income |
$86.48 M
|
$67.81 M
|
$61.60 M
|
$55.00 M
|
$57.56 M
|
$66.03 M
|
$70.36 M
|
$60.01 M
|
$51.19 M
|
$49.72 M
|
| Interest Expense |
$7.28 M
|
$3.26 M
|
$3.19 M
|
$3.19 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$10.90 M
|
$10.51 M
|
$7.67 M
|
$6.57 M
|
$6.66 M
|
$11.19 M
|
$5.17 M
|
$4.57 M
|
$6.04 M
|
$6.47 M
|
| EBITDA |
$95.22 M |
-$25.95 M |
$22.94 M |
$106.60 M |
-$162.86 M |
$28.07 M |
-$3.98 M |
$20.22 M |
$63.53 M |
$121.84 M |
| EBITDA Ratio |
0.08
|
-0.02
|
0.02
|
0.1
|
-0.15
|
0.02
|
-0
|
0.02
|
0.06
|
0.14
|
| Operating Income Ratio |
0.06
|
-0.04
|
0.01
|
0.09
|
-0.16
|
0.01
|
-0.01
|
0.01
|
0.06
|
0.13
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$77.03 M
|
-$39.72 M
|
$12.08 M
|
$96.84 M
|
-$169.52 M
|
$16.88 M
|
-$9.15 M
|
$15.65 M
|
$57.50 M
|
$115.37 M
|
| Income Before Tax Ratio |
0.06
|
-0.04
|
0.01
|
0.09
|
-0.16
|
0.01
|
-0.01
|
0.01
|
0.06
|
0.13
|
| Income Tax Expense |
$15.08 M
|
-$10.02 M
|
-$2.95 M
|
$16.25 M
|
-$56.81 M
|
$2.06 M
|
-$11.41 M
|
-$29.22 M
|
$8.38 M
|
$30.05 M
|
| Net Income |
$61.96 M
|
-$29.70 M
|
$15.03 M
|
$80.59 M
|
-$112.71 M
|
$14.82 M
|
$27.65 M
|
$51.02 M
|
$49.90 M
|
$89.13 M
|
| Net Income Ratio |
0.05
|
-0.03
|
0.02
|
0.08
|
-0.1
|
0.01
|
0.03
|
0.05
|
0.05
|
0.1
|
| EPS |
2.45 |
-1.18 |
0.6 |
3.21 |
-4.5 |
0.59 |
1.1 |
2.05 |
1.96 |
3.54 |
| EPS Diluted |
2.39 |
-1.18 |
0.59 |
3.16 |
-4.5 |
0.58 |
1.08 |
1.99 |
1.93 |
3.53 |
| Weighted Average Shares Out |
$25.32 M
|
$25.27 M
|
$25.48 M
|
$25.09 M
|
$25.03 M
|
$25.14 M
|
$25.01 M
|
$24.92 M
|
$25.43 M
|
$25.15 M
|
| Weighted Average Shares Out Diluted |
$25.92 M
|
$25.25 M
|
$25.32 M
|
$25.09 M
|
$25.03 M
|
$25.58 M
|
$25.62 M
|
$25.64 M
|
$25.80 M
|
$25.24 M
|
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