Founded in 1946, United Fire Group, Inc. ("UFG", the "Registrant", the "Company", "we", "us", or "our") and its subsidiaries are engaged in the business of writing property and casualty insurance through a network of independent agencies. Our insurance company subsidiaries are currently licensed as property and casualty insurers in all 50 states, plus the District of Columbia.
Net margin is thin at 8.54%. This may reflect rising credit costs, rate compression, or operational inefficiency.
Revenue grew 10.4% YoY.
Traditional FCF and operating-margin metrics are not meaningful for financial institutions. Evaluate using net interest margin, credit quality, and capital ratios instead.
Profitability & Returns
Revenue (TTM)
$1.42B
▲ +10.4% YoY
Net Income (TTM)
$131M
▲ +90.8% YoY
Net Margin
9.18%
P/E
—
Balance Sheet
Total Assets
$3.91B
Equity
$951M
Total Debt
$146M
Cash & Equiv.
$162M
5Y CAGR: +5.3%
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