United Fire Group (UFCS) Revenue & Revenue Breakdown
United Fire Group Revenue Highlights
Latest Revenue (Y)
$1.10B
Latest Revenue (Q)
$296.00M
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 |
|---|---|---|
| 2024-03-31 | $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 $296.00M in revenue during Q1 2024, up 3.02% compared to the previous quarter, and up 105.65% 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 | $3.70B |
| WRB | W. R. Berkley | $12.14B | $3.31B |
| CINF | Cincinnati Financial | $10.01B | $2.54B |
| RLI | RLI | $1.51B | $416.44M |
| HMN | Horace Mann Educators | $1.49B | $388.10M |
| UFCS | United Fire Group | $1.10B | $296.00M |
| DGICA | Donegal Group | $927.34M | $246.77M |
| SAFT | Safety Insurance Group | $920.86M | $266.97M |
| SKWD | Skyward Specialty Insurance Group | $885.97M | $279.95M |
| GBLI | Global Indemnity Group | $528.13M | $108.69M |
| NODK | NI | $365.69M | $91.35M |
| SIGI | Selective Insurance Group | $101.17M | $1.19B |
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 Q1 2024 was $296M, a 3.02% increase from the previous quarter (Q4 2023), and a 10.82% increase year-over-year (Q1 2023). The company'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). UFCS's quarterly revenue for Q3 2023 was $273.96M, a 2.57% increase from the previous quarter (Q2 2023), and a 16.29% increase year-over-year (Q3 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.