United Fire Group financials
$53.53+0.35%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.25B | $1.10B | $980.3M | $1.07B | $1.07B | $1.20B | $1.07B | $1.05B | $996.4M |
| Gross profit | $306.7M | $227.4M | $81.1M | $129.9M | $210.6M | -$11.1M | $154.3M | $132.3M | $119.3M | $141.0M |
| Gross margin | 22.1% | 18.1% | 7.4% | 13.3% | 19.8% | −1.0% | 12.8% | 12.4% | 11.3% | 14.2% |
| Operating income | $160.1M | $86.4M | -$34.7M | $15.3M | $100.0M | -$169.5M | $16.9M | -$9.2M | $15.7M | $57.5M |
| Net income | $118.2M | $62.0M | -$29.7M | $15.0M | $80.6M | -$112.7M | $14.8M | $2.3M | $44.9M | $49.1M |
| Net margin | 8.5% | 4.9% | −2.7% | 1.5% | 7.6% | −10.5% | 1.2% | 0.2% | 4.3% | 4.9% |
| Diluted EPS | $4.48 | $2.39 | $-1.18 | $0.59 | $3.16 | $-4.50 | $0.58 | $0.09 | $1.75 | $1.90 |
| EBITDA | $172.4M | $101.9M | -$17.1M | $31.9M | $120.2M | -$137.3M | $37.4M | $4.8M | $29.1M | $70.6M |
| Operating cash flow | $269.7M | $340.3M | $171.7M | -$1.3M | $29.9M | $41.4M | $92.3M | $87.6M | $172.0M | $216.8M |
| Free cash flow | $263.3M | $328.4M | $160.8M | -$3.4M | $15.9M | $22.6M | $59.9M | $54.5M | $154.8M | $209.2M |
| Diluted shares | 26.4M | 25.9M | 25.2M | 25.3M | 25.5M | 25.0M | 25.1M | 25.0M | 25.6M | 25.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $156.3M | $200.9M | $102.0M | $96.7M | $132.1M | $87.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $146.2M | $117.1M | $50.0M | $50.0M | $50.0M | $50.0M |
| Total assets | $3.84B | $3.49B | $3.14B | $2.88B | $3.01B | $3.07B |
| Total liabilities | $2.90B | $2.71B | $2.41B | $2.14B | $2.13B | $2.24B |
| Shareholders' equity | $941.2M | $781.5M | $733.7M | $740.1M | $879.1M | $825.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology