United Fire (UFCS) Divestments (2016 - 2018)
United Fire (UFCS) posted Divestments of -$261.7 million for Q2 2018, down 194.8% sequentially from $276.1 million in Q1 2018, and down 1975.27% YoY from $14.0 million in Q2 2017.
United Fire (UFCS) Divestments (2016 - 2018) Analysis & Trends
United Fire has reported Divestments for 3 years, with the latest figure at -$261.7 million in Q2 2018.
- Quarterly Divestments fell 1975.27% year-over-year to -$261.7 million in Q2 2018, while the trailing twelve-month figure through Mar 2019 was -$261.7 million (down 189.12% YoY) and the FY2018 annual result came in at $14.3 million, down 18.51% from the prior year.
- Divestments fell to -$261.7 million in Q2 2018 per UFCS's latest filing, from $276.1 million in the prior quarter.
- Over five years, Divestments peaked at $276.1 million in Q1 2018 and troughed at -$261.7 million in Q2 2018.
- A 3-year average of $1.6 million and a median of $20000.0 in 2017 frame the typical range for Divestments.
- The sharpest annual moves came in 2017 and 2018: Divestments soared 37.87% in 2017, then sank 1975.27% in 2018.
- Over 3 years, Divestments stood at -$22.4 million in 2016, then jumped by 37.87% to -$13.9 million in 2017, then tumbled by 1780.66% to -$261.7 million in 2018.
- According to Business Quant data, Divestments over the past three periods registered -$261.7 million, $276.1 million, and -$13.9 million for Q2 2018, Q1 2018, and Q4 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 485.00 Mn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | - |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | - |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | 151.70 Mn |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | - |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 68.00 Mn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | - |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | - |
| 10 | United Fire | 1.39 Bn | 1.25 Bn | 171.45 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | -261.71 Mn |
| Mar 31, 2018 | 276.06 Mn |
| Dec 31, 2017 | -13.92 Mn |
| Sep 30, 2017 | 17.56 Mn |
| Jun 30, 2017 | 13.96 Mn |
| Dec 31, 2016 | -22.40 Mn |