United Fire Group, Inc.

United Fire Group, Inc.

UFCS
United Fire Group, Inc.US flagNASDAQ Global Select
55.98
USD
-0.12
- -
1.44BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
34.31
37.57
35.66
38.78
42.36
43.04
47.97
43.03
42.12
39.2
43.46
49.33
54.38
57.56
Basic EPS, GAAP
3
2.36
3.54
1.96
2.05
1.1
0.59
-4.5
3.21
0.6
-1.18
2.44
4.63
5.51
Free Cash Flow per Basic Share
6.03
5.72
7.17
8.13
6.14
3.07
2.45
0.9
0.64
-0.05
6.8
13.41
10.57
10.61
Dividend per Share
0.69
0.79
0.86
0.97
1.1
4.2
1.31
1.14
0.6
0.63
0.64
0.64
0.64
0.72
Book Value per Share
30.87
32.67
34.94
37.04
39.06
35.4
36.4
32.93
35.05
29.36
29.04
30.8
36.88
38.02
Tangible Book Value per Share
29.8
31.62
33.93
36.07
38.1
34.47
35.49
32.66
34.81
29.15
28.85
30.64
36.75
37.9
Basic Weighted Avg Shares
25
25
25
25
25
25
25
25
25
25
25
25
26
26
Sales/Revenue/Turnover
870
940
897
986
1,056
1,080
1,200
1,078
1,056
988
1,098
1,252
1,388
1,473
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
6
7
6
6
5
5
11
7
7
8
11
11
11
11
Net Income, GAAP
76
59
89
50
51
28
15
-113
81
15
-30
62
118
141
Effective Tax Rate (%)
25.28
22.66
26.05
14.57
- -
- -
12.2
- -
16.78
- -
- -
19.57
20.11
20.29
Profit Margin (%)
8.75
6.29
9.94
5.06
4.83
2.56
1.23
-10.45
7.63
1.52
-2.7
4.95
8.52
9.57
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
50
50
50
50
117
146
146
Total Equity
783
817
879
942
973
888
910
825
879
740
734
782
941
977
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
10.07
7.39
10.51
5.48
- -
- -
1.65
- -
9.23
- -
- -
8.06
12.81
14.48
Return on Common Equity (%)
10.07
7.39
10.51
5.48
5.33
2.97
1.65
-12.99
9.46
1.86
-4.03
8.18
13.72
15.46

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
146
146
146
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
26
Market Capitalization
928
951
1,348

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,274
1,337
1,369
Accounts Receivable, Net
736
776
836
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.17%
3.36%
20.43%
Free Cash Flow
-1,403.23%
-2,777.54%
-20.73%
Net Income, GAAP
-176.28%
-153.66%
90.76%
Sales/Revenue/Turnover
4.78%
5.5%
10.87%
Total Cash Common Dividend
18.95%
-7.82%
0.58%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
296
301
323
332
1,252
2025
331
337
354
366
1,388
2026
369
384
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.53
-0.11
0.78
1.24
2.44
2025
0.7
0.9
1.54
1.5
4.63
2026
1.17
1.3
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.16
0.16
0.16
0.64
2025
0.16
0.16
0.16
0.16
0.64
2026
0.2
0.2
- -
- -
- -

Company Description

CEO
Kevin James Leidwinger
Full Time Employees
846
Sector
Financial Services
Industry
Insurance - Property & Casualty
Address
118 Second Avenue SE Cedar Rapids IA United States of America 52401
IPO Date
Mar 18, 1980
Business
United Fire Group, Inc. (Nasdaq: UFCS) provides property and casualty insurance to businesses and individuals across the United States through a network of approximately 1,000 independent agencies. Founded in 1946 and headquartered in Cedar Rapids, Iowa, the company offers commercial lines insurance including commercial property, general liability, commercial auto, workers' compensation, surety bonds, businessowners policies, cyber coverage, inland marine, and excess and surplus lines; personal lines insurance encompassing homeowners and personal automobile coverage; and assumed reinsurance. UFG Insurance operates nationally with a focus on small to medium-sized businesses in sectors such as retail, manufacturing, construction, and professional services including architects and engineers. In 2025, the company advanced its new policy administration system toward implementation, enhancing operational capabilities; reported improved net investment income of $82.0 million for full-year 2024 driven by fixed maturity and other long-term investments; increased adjusted book value per share to $36.34 as of September 30, 2025; and declared a quarterly cash dividend of $0.16 per share in November 2025.

Company News

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