United Fire Group, Inc. (UFCS)

Nasdaq: UFCS · Fire, Marine & Casualty Insurance · Cedar Rapids, IA · filing with the SEC since 1995

Grade5.0

◀ Past 4.6● Present 4.0▶ Future 6.9

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 26, 2026	Feb 26, 2025	Feb 29, 2024	Feb 28, 2023	Feb 25, 2022	Feb 26, 2021	Feb 28, 2020	Feb 28, 2019	Feb 28, 2018	Feb 28, 2017
Revenue	1,386,412	1,253,307	1,095,467	980,286	1,066,191	1,068,627	1,201,165	1,070,166	1,052,737	996,362^r
For lenders
Provision for credit losses	2,864	-10	5	-109	-5	4	26	·	·	·
For insurers
Premiums earned	1,292,696	1,176,750	1,034,587	951,541	962,823	1,055,082	1,086,972	1,037,451	997,492	936,131^r
Net investment income	97,538	81,986	59,606	44,932	55,778	39,670	60,414	52,894	51,190	55,284^r
Benefits, claims and losses	764,402	744,605	769,414	637,301	652,155	869,467	830,172	731,611	725,713	652,433^r
Total benefits, losses and expenses	1,238,476	1,176,273	1,135,188	968,209	969,348	1,238,142	1,184,286	1,079,316	1,037,087	938,865^r
Interest expense	11,267	7,281	3,260	3,188	3,187	0	0	0	0	0
Interest and investment income	97,538	81,986	59,606	44,932	55,778	39,670	60,414	65,557^r	51,190	55,284^r
Income before income taxes	147,936	77,034	-39,721	12,077	96,843	-169,515	16,879	-9,150	15,650	57,497^r
Income tax expense	29,745	15,077	-10,021	-2,954	16,249	-56,809	2,059	-11,405	-29,220	8,379^r
Income from continuing operations	118,191	61,957	-29,700	15,031	80,594	-112,706	14,820	2,255	44,870	49,118
Income from discontinued operations	·	·	·	·	·	0	0	-1,912	6,153	786
Net income	118,191	61,957	-29,700	15,031	80,594	-112,706	14,820	27,650	51,023	49,904
Earnings per share, basic	4.64	2.45	-1.18	0.60	·	-4.50	0.59	1.11	2.03	1.97
Earnings per share, diluted	4.48	2.39	-1.18	0.59	·	-4.50	0.58	1.08	1.99	1.93
Weighted average shares, basic	25,470,451	25,319,973	25,249,269	25,160,809	25,092,297	25,027,358	25,138,039	25,006,211	25,103,720	25,335,706
Weighted average shares, diluted	26,352,913	25,917,760	25,249,269	25,318,196	25,519,726	25,027,358	25,582,527	25,622,812	25,640,604	25,804,678

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanLossesExpensed

Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet

Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton UFCS · research, not advice