United Fire (UFCS) Gross Margin (2010 - 2026)
United Fire's (UFCS) quarterly Gross Margin came in at 43.67% in Q1 2026, up 96.0% year-on-year from 22.28% in Q1 2025, and down 7.68% quarter-over-quarter from 47.3% in Q4 2025.
United Fire (UFCS) Gross Margin (2010 - 2026) Analysis & Trends
United Fire has disclosed Gross Margin across 17 years of filings, most recently posting 43.67% for Q1 2026.
- Gross Margin for Q1 2026 came in at 43.67%, up 96.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 44.05% (up 262.0% YoY), and the FY2025 annual result was 44.86%, up 428.0% from the prior year.
- Gross Margin came in at 43.67% for Q1 2026 at United Fire, down from 47.3% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 47.3% in Q4 2025 to a low of 1.53% in Q2 2023.
- The 5-year median for Gross Margin is 39.31% (2024), against an average of 36.29%.
- Across the five-year window, Gross Margin plunged 3295 bps in 2023 and soared 3162 bps in 2024, its largest moves.
- United Fire's Gross Margin stood at 37.44% in 2022, then sank by 35 bps to 24.36% in 2023, then jumped by 93 bps to 47.03% in 2024, then rose by 1 bps to 47.3% in 2025, then fell by 8 bps to 43.67% in 2026.
- The last three Gross Margin figures came in at 43.67% (Q1 2026), 47.3% (Q4 2025), and 42.7% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 58.50% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 37.68% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 46.48% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 86.87% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 73.70% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 99.65% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 67.14% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | -153.50% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 72.35% |
| 10 | United Fire | 1.16 Bn | 994.09 Mn | 161.32 Mn | 43.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.67% |
| Dec 31, 2025 | 47.30% |
| Sep 30, 2025 | 42.70% |
| Jun 30, 2025 | 42.25% |
| Mar 31, 2025 | 42.71% |
| Dec 31, 2024 | 47.03% |
| Sep 30, 2024 | 42.05% |
| Jun 30, 2024 | 33.15% |
| Mar 31, 2024 | 39.31% |
| Dec 31, 2023 | 24.36% |
| Sep 30, 2023 | 36.92% |
| Jun 30, 2023 | 1.53% |
| Mar 31, 2023 | 31.83% |
| Dec 31, 2022 | 37.44% |
| Sep 30, 2022 | 23.44% |
| Jun 30, 2022 | 34.49% |
| Mar 31, 2022 | 46.79% |
| Dec 31, 2021 | 56.63% |
| Sep 30, 2021 | 26.56% |
| Jun 30, 2021 | 32.29% |