Financials in USD. Standardized financial statements.
A compact view of how United Fire Group, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.39B | $1.25B | $1.10B | $988.22M | $1.06B | $1.08B | $1.20B | $1.08B | $1.06B | $986.18M |
| Revenue Growth? | +10.7% | +14.0% | +11.1% | -6.5% | -2.0% | -10.1% | +11.1% | +2.3% | +7.0% | 0.0% |
| Cost of Revenue? | $764.40M | $1.03B | $1.01B | $850.38M | $855.59M | $1.08B | $1.05B | $937.84M | $933.46M | $875.40M |
| Gross Profit? | $622.01M | $225.92M | $83.93M | $137.84M | $200.91M | -$1.46M | $153.18M | $142.44M | $122.09M | $110.78M |
| Gross Margin? | +44.9% | +18.0% | +7.6% | +13.9% | +19.0% | -0.1% | +12.8% | +13.2% | +11.6% | +11.2% |
| Operating Expenses? | $474.07M | $148.88M | $123.65M | $125.76M | $104.06M | $168.06M | $136.30M | $151.59M | $106.44M | $53.28M |
| Operating Income? | $147.94M | $77.03M | -$39.72M | $12.08M | $96.84M | -$169.51M | $16.88M | -$9.15M | $15.65M | $57.50M |
| EBITDA? | $159.20M | $95.22M | -$25.95M | $22.93M | $106.60M | -$162.86M | $28.07M | -$3.98M | $20.22M | $63.53M |
| Income Before Tax | $147.94M | $77.03M | -$39.72M | $12.08M | $96.84M | -$169.51M | $16.88M | -$9.15M | $15.65M | $57.50M |
| Income Tax Expense | $29.75M | $15.08M | -$10.02M | -$2.95M | $16.25M | -$56.81M | $2.06M | -$11.40M | -$29.22M | $8.38M |
| Net Income? | $118.19M | $61.96M | -$29.70M | $15.03M | $80.59M | -$112.71M | $14.82M | $27.65M | $51.02M | $49.90M |
| EPS? | $4.48 | $2.45 | $-1.18 | $0.60 | $3.21 | $-4.50 | $0.59 | $1.10 | $2.05 | $1.96 |
| Diluted EPS? | $4.48 | $2.39 | $-1.18 | $0.59 | $3.16 | $-4.50 | $0.58 | $1.08 | $1.99 | $1.93 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality