United Fire Group (UFCS) Revenue & Revenue Breakdown

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United Fire Group Revenue Highlights

Latest Revenue (Y)

$1.10B

Latest Revenue (Q)

$301.17M

Main Segment (Y)

Property And Casualty

United Fire Group Revenue by Period

United Fire Group Revenue by Year

Date	Revenue	Change
2023-12-31	$1.10B	11.75%
2022-12-31	$980.29M	-8.06%
2021-12-31	$1.07B	-0.23%
2020-12-31	$1.07B	-11.03%
2019-12-31	$1.20B	12.24%
2018-12-31	$1.07B	1.66%
2017-12-31	$1.05B	-7.41%
2016-12-31	$1.14B	9.86%
2015-12-31	$1.03B	9.88%
2014-12-31	$941.89M	7.39%
2013-12-31	$877.04M	7.85%
2012-12-31	$813.24M	15.35%
2011-12-31	$705.01M	19.28%
2010-12-31	$591.07M	3.30%
2009-12-31	$572.19M	-4.86%
2008-12-31	$601.45M	-5.81%
2007-12-31	$638.53M	0.46%
2006-12-31	$635.60M	2.58%
2005-12-31	$619.61M	1.89%
2004-12-31	$608.13M	6.08%
2003-12-31	$573.28M	12.22%
2002-12-31	$510.88M	8.02%
2001-12-31	$472.95M	12.45%
2000-12-31	$420.58M	19.07%
1999-12-31	$353.22M	4.42%
1998-12-31	$338.27M	8.72%
1997-12-31	$311.13M	3.62%
1996-12-31	$300.27M	13.49%
1995-12-31	$264.59M	13.17%
1994-12-31	$233.80M	7.30%
1993-12-31	$217.90M	-

United Fire Group generated $1.10B in revenue during NA 2023, up 11.75% compared to the previous quarter, and up 102.36% compared to the same period a year ago.

United Fire Group Revenue by Quarter

Date	Revenue	Change
2024-06-30	$301.17M	1.75%
2024-03-31	$296.00M	3.02%
2023-12-31	$287.32M	4.88%
2023-09-30	$273.95M	2.57%
2023-06-30	$267.09M	-0.01%
2023-03-31	$267.10M	-4.66%
2022-12-31	$280.16M	18.93%
2022-09-30	$235.57M	7.30%
2022-06-30	$219.54M	-10.40%
2022-03-31	$245.01M	-10.09%
2021-12-31	$272.50M	9.64%
2021-09-30	$248.54M	1.69%
2021-06-30	$244.41M	-18.73%
2021-03-31	$300.74M	-3.27%
2020-12-31	$310.90M	10.20%
2020-09-30	$282.12M	-5.27%
2020-06-30	$297.80M	67.49%
2020-03-31	$177.81M	-39.39%
2019-12-31	$293.37M	-1.57%
2019-09-30	$298.06M	-2.02%
2019-06-30	$304.20M	-0.44%
2019-03-31	$305.54M	21.22%
2018-12-31	$252.06M	-13.65%
2018-09-30	$291.91M	6.00%
2018-06-30	$275.40M	9.81%
2018-03-31	$250.79M	-8.25%
2017-12-31	$273.36M	1.39%
2017-09-30	$269.62M	-6.05%
2017-06-30	$286.98M	1.38%
2017-03-31	$283.06M	-6.27%
2016-12-31	$302.00M	4.32%
2016-09-30	$289.49M	3.47%
2016-06-30	$279.77M	5.30%
2016-03-31	$265.69M	-2.57%
2015-12-31	$272.69M	3.07%
2015-09-30	$264.56M	3.38%
2015-06-30	$255.92M	7.31%
2015-03-31	$238.48M	-4.04%
2014-12-31	$248.53M	5.37%
2014-09-30	$235.87M	1.37%
2014-06-30	$232.67M	4.38%
2014-03-31	$222.90M	0.42%
2013-12-31	$221.96M	-0.48%
2013-09-30	$223.02M	1.50%
2013-06-30	$219.72M	7.02%
2013-03-31	$205.31M	-2.59%
2012-12-31	$210.75M	2.02%
2012-09-30	$206.58M	3.47%
2012-06-30	$199.65M	3.07%
2012-03-31	$193.70M	1.12%
2011-12-31	$191.55M	2.12%
2011-09-30	$187.57M	3.17%
2011-06-30	$181.80M	26.19%
2011-03-31	$144.08M	-3.97%
2010-12-31	$150.03M	1.44%
2010-09-30	$147.90M	-0.07%
2010-06-30	$148.01M	1.99%
2010-03-31	$145.13M	-2.72%
2009-12-31	$149.18M	-1.01%
2009-09-30	$150.70M	12.42%
2009-06-30	$134.05M	-3.05%
2009-03-31	$138.26M	-7.69%
2008-12-31	$149.78M	0.27%
2008-09-30	$149.38M	-1.88%
2008-06-30	$152.25M	1.47%
2008-03-31	$150.04M	-9.48%
2007-12-31	$165.76M	-

United Fire Group generated $301.17M in revenue during Q2 2024, up 1.75% compared to the previous quarter, and up 112.75% compared to the same period a year ago.

United Fire Group Revenue Breakdown

United Fire Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 20	Dec 19	Dec 18
Property And Casualty	$1.03B	$951.54M	$1.06B	-	-
Property, Liability and Casualty Insurance Product Line	-	-	-	$1.09B	$1.04B

United Fire Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Property And Casualty (100.00%).

United Fire Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MKL	Markel	$15.80B	$4.61B
WRB	W. R. Berkley	$12.14B	$3.38B
CINF	Cincinnati Financial	$10.01B	$3.32B
RLI	RLI	$1.51B	$470.00M
HMN	Horace Mann Educators	$1.49B	$412.10M
UFCS	United Fire Group	$1.10B	$301.17M
DGICA	Donegal Group	$927.34M	$251.74M
SAFT	Safety Insurance Group	$920.86M	$298.16M
SKWD	Skyward Specialty Insurance Group	$885.97M	$304.63M
GBLI	Global Indemnity Group	$528.13M	$108.69M
NODK	NI	$365.69M	$88.98M
SIGI	Selective Insurance Group	$101.17M	$1.24B

UFCS Revenue FAQ

What is United Fire Group’s yearly revenue?

United Fire Group's yearly revenue for 2023 was $1.1B, representing an increase of 11.75% compared to 2022. The company's yearly revenue for 2022 was $980.29M, representing a decrease of -8.06% compared to 2021. UFCS's yearly revenue for 2021 was $1.07B, representing a decrease of -0.23% compared to 2020.

What is United Fire Group’s quarterly revenue?

United Fire Group's quarterly revenue for Q2 2024 was $301.17M, a 1.75% increase from the previous quarter (Q1 2024), and a 12.76% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $296M, a 3.02% increase from the previous quarter (Q4 2023), and a 10.82% increase year-over-year (Q1 2023). UFCS's quarterly revenue for Q4 2023 was $287.32M, a 4.88% increase from the previous quarter (Q3 2023), and a 2.55% increase year-over-year (Q4 2022).

What is United Fire Group’s revenue growth rate?

United Fire Group's revenue growth rate for the last 3 years (2021-2023) was 2.75%, and for the last 5 years (2019-2023) was -8.80%.

What are United Fire Group’s revenue streams?

United Fire Group's revenue streams in c 23 are Property And Casualty

What is United Fire Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of United Fire Group was Property And Casualty. This segment made a revenue of $1.03B, representing 100.00% of the company's total revenue.