United Fire Group, Inc.
United Fire Group, Inc. (UFCS) Financial Performance & Income Statement Overview
Explore the financials of United Fire Group, Inc. (UFCS), including yearly and quarterly data on income, cash flow, and balance sheets.
United Fire Group, Inc. (UFCS) Income Statement & Financial Overview
Access detailed annual and quarterly income data for United Fire Group, Inc. UFCS financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $21.12M | $36.31M | $322.96M | $301.17M |
| Cost of Revenue | $2.48M | $2.48M | $258.57M | $0.00 |
| Gross Profit | $18.64M | $33.83M | $64.39M | $301.17M |
| Gross Profit Ratio | $0.88 | $0.93 | $0.20 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Expenses | -$3.21M | $38.87M | $295.51M | $304.94M |
| Total Costs & Expenses | -$730000.00 | -$3.23M | $295.51M | $304.94M |
| Interest Income | $21.12M | $36.31M | $0.00 | $0.00 |
| Interest Expense | $2.48M | $2.48M | $2.48M | $1.46M |
| Depreciation & Amortization | $2.50M | $2.59M | $2.50M | $3.15M |
| EBITDA | $24.35M | $44.61M | $29.95M | $838000.00 |
| EBITDA Ratio | $1.15 | $1.23 | $0.09 | $0.003 |
| Operating Income | $21.85M | $42.03M | $27.46M | -$3.77M |
| Operating Income Ratio | $1.03 | $1.16 | $0.09 | -$0.01 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | -$2.48M | $0.00 |
| Income Before Tax | $21.85M | $39.55M | $24.98M | -$3.77M |
| Income Before Tax Ratio | $1.03 | $1.09 | $0.08 | -$0.01 |
| Income Tax Expense | $4.15M | $8.10M | $5.23M | -$1.03M |
| Net Income | $17.70M | $31.44M | $19.75M | -$2.73M |
| Net Income Ratio | $0.84 | $0.87 | $0.06 | -$0.009 |
| EPS | $0.70 | $1.24 | $0.78 | -$0.11 |
| Diluted EPS | $0.67 | $1.21 | $0.76 | -$0.11 |
| Weighted Avg Shares Outstanding | $25.39M | $25.38M | $25.34M | $25.31M |
| Weighted Avg Shares Outstanding (Diluted) | $26.24M | $25.98M | $25.91M | $25.31M |
Over the past four quarters, United Fire Group, Inc. demonstrated steady revenue growth, increasing from $301.17M in Q2 2024 to $21.12M in Q1 2025. Operating income reached $21.85M in Q1 2025, maintaining a consistent 103% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $24.35M, reflecting operational efficiency. Net income dropped to $17.70M, with EPS at $0.70. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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