United Fire Group
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. United Fire Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 12% to $1,095,467,000. Profit margin reached -3%. Total operating expenses were $1,098,331,000.

Profit Margin

United Fire Group, Inc. (NASDAQ:UFCS): Profit margin
2014 941.89M 59.13M 6.28%
2015 1.03B 89.12M 8.61%
2016 1.13B 49.90M 4.39%
2017 1.05B 51.02M 4.85%
2018 1.07B 27.65M 2.58%
2019 1.20B 14.82M 1.23%
2020 1.06B -112.70M -10.55%
2021 1.06B 80.59M 7.56%
2022 980.28M 15.03M 1.53%
2023 1.09B -29.7M -2.71%

UFCS Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
1.09B980.28M1.06B1.06B1.20B1.07B1.05B1.13B1.03B941.89M
Cost of revenue
000000010.74M3.26M1.91M
Gross profit
1.09B980.28M1.06B1.06B1.20B1.07B1.05B1.12B1.03B939.97M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
1.09B-965.02M-969.55M-1.24B-1.18B-1.06B-1.01B-1.06B-910.20M-863.51M
Operating income
015.26M96.63M-175.78M16.87M16.24M44.87M58.66M121.45M76.46M
Other income (expenses), net
-39.72M-3.18M207K-169.64M2.05M-25.39M-1.03B621K00
Income before tax
-39.72M12.07M96.84M-169.51M16.87M-9.15M15.65M58.66M121.45M76.46M
Income tax expense
-10.02M-2.95M16.24M-56.80M2.05M-11.40M-29.22M8.76M32.32M17.32M
Net income
-29.7M15.03M80.59M-112.70M14.82M27.65M51.02M49.90M89.12M59.13M
Earnings per share
Basic EPS
-1.180.63.21-4.50.591.12.051.963.542.36
Diluted EPS
-1.180.593.21-4.50.581.081.991.933.532.32
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