United Fire Group Inc (UFCS) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, United Fire reported revenue of $1.39B, up 10.6% from $1.25B the year before. Net income was $118.2M (a 8.5% net margin), or $4.48 per diluted share. Gross margin was 44.9% and operating margin was 44.9%. Operating activities generated $269.7M of cash. At fiscal year end, United Fire held $3.84B in total assets against $2.90B in total liabilities, including $156.3M of cash and equivalents.
Open the full interactive United Fire financials → Quarterly statements, key ratios, valuation history and price charts.
United Fire Key Stats
| Share Price | $55.78 |
|---|---|
| Market Cap | $1.44B |
| P/E Ratio | 12.5 |
| Dividend Yield | 1.28% |
| Revenue YoY Growth | +10.6% |
| 52-Week Range | $29.66 – $56.40 |
| Shares Outstanding | 25.7 million (basic, 2026 Q2) |
United Fire Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.07B | $1.07B | $980.3M | $1.10B | $1.25B | $1.39B |
| Cost of Goods Sold | $869.5M | $652.2M | $637.3M | $769.4M | $744.6M | $764.4M |
| Gross Profit | $199.2M | $414.0M | $343.0M | $326.1M | $508.7M | $622.0M |
| Operating Income | $199.2M | $414.0M | $343.0M | $326.1M | $508.7M | $622.0M |
| Pre-Tax Income | -$169.5M | $96.8M | $12.1M | -$39.7M | $77.0M | $147.9M |
| Income Tax | -$56.8M | $16.2M | -$3.0M | -$10.0M | $15.1M | $29.7M |
| Net Income | -$112.7M | $80.6M | $15.0M | -$29.7M | $62.0M | $118.2M |
| Diluted EPS | -$4.50 | $3.16 | $0.59 | -$1.18 | $2.39 | $4.48 |
United Fire Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $354.0M | $365.8M | $369.4M | $383.7M |
| Net Income | $39.2M | $38.4M | $30.1M | $33.4M |
| Diluted EPS | $1.49 | $1.46 | $1.15 | $1.29 |
United Fire Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $87.9M | $132.1M | $96.7M | $102.0M | $200.9M | $156.3M |
| Total Assets | $3.07B | $3.01B | $2.88B | $3.14B | $3.49B | $3.84B |
| Total Liabilities | $2.24B | $2.13B | $2.14B | $2.41B | $2.71B | $2.90B |
| Shareholders' Equity | $825.1M | $879.1M | $740.1M | $733.7M | $781.5M | $941.2M |
United Fire Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $41.4M | $29.9M | -$1.3M | $171.7M | $340.3M | $269.7M |
| Cash From Investing | -$92.9M | $31.7M | -$19.2M | -$149.9M | -$292.5M | -$326.0M |
| Cash From Financing | $18.7M | -$17.5M | -$15.0M | -$16.5M | $51.1M | $11.6M |
| Dividends Paid | $28.5M | $15.1M | $15.9M | $16.2M | $16.2M | $16.3M |
Figures from United Fire's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full United Fire financials page for every line item.
United Fire Company Profile
| Ticker | UFCS |
|---|---|
| Exchange | Nasdaq |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Cedar Rapids, Iowa |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000101199 |
Frequently Asked Questions
What was United Fire's revenue in fiscal 2025?
United Fire (UFCS) reported revenue of $1.39B for fiscal 2025.
What is United Fire's annual revenue history?
United Fire's annual revenue by fiscal year: 2020: $1.07B; 2021: $1.07B; 2022: $980.3M; 2023: $1.10B; 2024: $1.25B; 2025: $1.39B.
What was United Fire's net income in fiscal 2025?
United Fire reported net income of $118.2M for fiscal 2025.
What was United Fire's earnings per share (EPS) in fiscal 2025?
United Fire's diluted EPS was $4.48 for fiscal 2025 (adjusted for any later stock splits).
What was United Fire's revenue last quarter?
In its most recent reported quarter (2026 Q2), United Fire reported revenue of $383.7M.
How many shares of United Fire are outstanding?
United Fire reported a weighted average of 25.7 million basic shares outstanding in 2026 Q2.
What is United Fire's market cap?
Based on its latest closing price, United Fire (UFCS) has a market capitalization of about $1.44B.
When does United Fire's fiscal year end?
United Fire's fiscal year end, as registered with the SEC, is December 31.
Where is United Fire headquartered?
United Fire lists its business address in Cedar Rapids, Iowa in its SEC filings.