UFCS
Income statement / Annual
Last year (2023), United Fire Group, Inc.'s total revenue was $1.10 B,
an increase of 11.75% from the previous year.
In 2023, United Fire Group, Inc.'s net income was -$29.70 M.
See United Fire Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$1.10 B
|
$980.29 M
|
$1.07 B
|
$1.07 B
|
$1.20 B
|
$1.07 B
|
$1.05 B
|
$1.14 B
|
$1.03 B
|
$941.89 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$10.74 M |
$3.27 M |
$1.92 M |
| Gross Profit |
$1.10 B |
$980.29 M |
$1.07 B |
$1.07 B |
$1.20 B |
$1.07 B |
$1.05 B |
$1.13 B |
$1.03 B |
$939.98 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
0.99 |
1 |
1 |
| 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 |
$1.10 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$0.00 |
-$965.02 M |
-$969.56 M |
-$1.24 B |
-$1.18 B |
-$1.06 B |
-$1.01 B |
-$1.07 B |
-$910.20 M |
-$863.51 M |
| Operating Expenses |
$1.10 B |
-$965.02 M |
-$969.56 M |
-$1.24 B |
-$1.18 B |
-$1.06 B |
-$1.01 B |
-$1.07 B |
-$910.20 M |
-$863.51 M |
| Cost And Expenses |
$0.00 |
$968.21 M |
$969.35 M |
$1.24 B |
$1.18 B |
$1.08 B |
$1.04 B |
$1.08 B |
$913.47 M |
$865.43 M |
| Interest Income |
$0.00 |
$53.87 M |
$55.00 M |
$57.56 M |
$66.03 M |
$70.36 M |
$60.01 M |
$102.56 M |
$103.10 M |
$105.08 M |
| Interest Expense |
$3.26 M |
$3.19 M |
$3.19 M |
$133,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$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
|
$6.89 M
|
| EBITDA |
-$25.95 M
|
$22.94 M
|
$106.60 M
|
-$162.73 M
|
$28.07 M
|
$0.00
|
$44.87 M
|
$0.00
|
$127.92 M
|
$83.35 M
|
| EBITDA Ratio |
-0.02 |
0.02 |
0.1 |
-0.16 |
0.02 |
0.02 |
0.03 |
0.06 |
0.12 |
0.09 |
| Operating Income Ratio
|
0
|
0.02
|
0.09
|
-0.16
|
0.01
|
0.02
|
0.04
|
0.05
|
0.12
|
0.08
|
| Total Other
Income/Expenses Net |
-$39.72 M
|
-$968.21 M
|
-$969.35 M
|
-$169.65 M
|
$2.06 M
|
-$11.41 M
|
-$1.04 B
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
-$39.72 M |
$12.08 M |
$96.84 M |
-$169.52 M |
$16.88 M |
-$9.15 M |
$15.65 M |
$58.67 M |
$121.45 M |
$76.46 M |
| Income Before Tax Ratio
|
-0.04
|
0.01
|
0.09
|
-0.16
|
0.01
|
-0.01
|
0.01
|
0.05
|
0.12
|
0.08
|
| Income Tax Expense |
-$10.02 M |
-$2.95 M |
$16.25 M |
-$56.81 M |
$2.06 M |
-$11.41 M |
-$29.22 M |
$8.76 M |
$32.33 M |
$17.33 M |
| Net Income |
-$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 |
$59.14 M |
| Net Income Ratio |
-0.03 |
0.02 |
0.08 |
-0.11 |
0.01 |
0.03 |
0.05 |
0.04 |
0.09 |
0.06 |
| EPS |
-1.18 |
0.6 |
3.21 |
-4.5 |
0.59 |
1.1 |
2.05 |
1.96 |
3.54 |
2.36 |
| EPS Diluted |
-1.18 |
0.59 |
3.21 |
-4.5 |
0.58 |
1.08 |
1.99 |
1.93 |
3.53 |
2.32 |
| Weighted Average Shares
Out |
$25.27 M
|
$25.16 M
|
$25.09 M
|
$25.03 M
|
$25.14 M
|
$25.10 M
|
$24.92 M
|
$25.43 M
|
$25.15 M
|
$25.02 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$25.49 M
|
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