United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Revenue of United Fire Group, Inc. (UFCS)
Revenue in 2023 (TTM): $1.1 B
According to United Fire Group, Inc.'s latest financial reports the company's current revenue (TTM) is $1.1 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of United Fire Group, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.1 B | $1.1 B | $10.51 M | $-39,721,000 | $-29,700,000 |
| 2022 | $980.29 M | $980.29 M | $22.94 M | $12.08 M | $15.03 M |
| 2021 | $1.07 B | $1.07 B | $103.21 M | $96.84 M | $80.59 M |
| 2020 | $1.07 B | $1.07 B | $-169,129,000 | $-169,515,000 | $-112,706,000 |
| 2019 | $1.2 B | $1.2 B | $28.07 M | $16.88 M | $14.82 M |
| 2018 | $1.07 B | $1.07 B | $21.42 M | $-9,150,000 | $27.65 M |
| 2017 | $1.05 B | $1.05 B | $26.38 M | $15.65 M | $51.02 M |
| 2016 | $1.14 B | $1.13 B | $64.7 M | $58.67 M | $49.9 M |
| 2015 | $1.03 B | $1.03 B | $127.92 M | $121.45 M | $89.13 M |
| 2014 | $941.89 M | $939.98 M | $83.35 M | $76.46 M | $59.14 M |
| 2013 | $877.04 M | $870.01 M | $107.51 M | $101.9 M | $76.14 M |
| 2012 | $813.24 M | $810.68 M | $54.05 M | $46.07 M | $40.21 M |
| 2011 | $705.01 M | $705.01 M | $35.7 M | $-12,715,000 | $11 K |
| 2010 | $591.07 M | $591.07 M | $104.24 M | $58.38 M | $47.51 M |
| 2009 | $572.19 M | $572.19 M | $16.48 M | $-28,706,000 | $-10,441,000 |
| 2008 | $601.45 M | $601.45 M | $10.66 M | $-33,136,000 | $-13,064,000 |
| 2007 | $638.53 M | $638.53 M | $206 M | $159.33 M | $111.39 M |
| 2006 | $635.6 M | $635.6 M | $178.13 M | $125.49 M | $88.09 M |
| 2005 | $619.61 M | $619.61 M | $65.03 M | $6.56 M | $9.04 M |
| 2004 | $608.13 M | $608.13 M | $175.1 M | $114.81 M | $78.82 M |
| 2003 | $573.29 M | $573.29 M | $140.33 M | $79.9 M | $55.57 M |
| 2002 | $510.88 M | $510.88 M | $81.54 M | $26.05 M | $20.79 M |
| 2001 | $472.95 M | $472.95 M | $80.9 M | $28.63 M | $24.09 M |
| 2000 | $420.58 M | $420.58 M | $64.21 M | $17.35 M | $15.53 M |
| 1999 | $353.22 M | $353.22 M | $52.6 M | $17.22 M | $15.38 M |
| 1998 | $338.27 M | $338.27 M | $55.46 M | $28.4 M | $23.68 M |
| 1997 | $311.13 M | $311.13 M | $61.79 M | $38.17 M | $28.73 M |
| 1996 | $300.27 M | $300.27 M | $50.18 M | $27.38 M | $21.96 M |
| 1995 | $264.59 M | $264.59 M | $59.78 M | $38.05 M | $28.8 M |
| 1994 | $233.8 M | $233.8 M | $47.9 M | $94.9 M | $22.5 M |
| 1993 | $217.9 M | $217.9 M | $37.4 M | $80.9 M | $18.6 M |
| 1992 | $211.3 M | $211.3 M | $10 M | $49.9 M | $1.7 M |
| 1991 | $185.2 M | $185.2 M | $29.1 M | $58.6 M | $15 M |
| 1990 | $167.9 M | $167.9 M | $32.3 M | $56.1 M | $20.2 M |
| 1989 | $144.2 M | $144.2 M | $18.5 M | $39.1 M | $11.2 M |
| 1988 | $150.3 M | $150.3 M | $22.7 M | $ | $19.3 M |
| 1987 | $137.9 M | $137.9 M | $21.2 M | $ | $17.7 M |
| 1986 | $115.9 M | $115.9 M | $10.8 M | $ | $8 M |
| 1985 | $99.1 M | $99.1 M | $-200,000 | $ | $100 K |