United Fire (UFCS) Interest & Investment Income (2011 - 2024)
United Fire (UFCS) posted Interest & Investment Income of $51.7 million for Q3 2024, up 877.65% sequentially from -$6.7 million in Q2 2024, and up 219.66% YoY from $16.2 million in Q4 2023.
United Fire (UFCS) Interest & Investment Income (2011 - 2024) Analysis & Trends
United Fire has reported Interest & Investment Income for 14 years, with the latest figure at $51.7 million in Q3 2024.
- Quarterly Interest & Investment Income rose 219.66% year-over-year to $51.7 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $105.2 million (up 579.01% YoY) and the FY2023 annual result came in at $26.4 million, up 114.97% from the prior year.
- Interest & Investment Income advanced to $51.7 million in Q3 2024 per UFCS's latest filing, from -$6.7 million in the prior quarter.
- Over five years, Interest & Investment Income peaked at $71.2 million in Q4 2023 and troughed at -$83.0 million in Q1 2022.
- A 5-year average of -$5.6 million and a median of -$6.7 million in 2024 frame the typical range for Interest & Investment Income.
- The widest YoY moves for Interest & Investment Income: up 443.18% in 2022, down 633.81% in 2022.
- Over 5 years, Interest & Investment Income stood at $2.5 million in 2020, then slumped by 370.26% to -$6.7 million in 2021, then soared by 443.18% to $22.9 million in 2022, then soared by 211.18% to $71.2 million in 2023, then fell by 27.36% to $51.7 million in 2024.
- According to Business Quant data, Interest & Investment Income over the past three periods registered $51.7 million, -$6.7 million, and -$11.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | - |
| 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 | - | 737.20 Mn |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | - |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | - |
| 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 |
|---|---|
| Sep 30, 2024 | 51.75 Mn |
| Jun 30, 2024 | -6.65 Mn |
| Mar 31, 2024 | -11.10 Mn |
| Dec 31, 2023 | 71.23 Mn |
| Sep 30, 2023 | -43.25 Mn |
| Jun 30, 2023 | -19.62 Mn |
| Mar 31, 2023 | 18.00 Mn |
| Dec 31, 2022 | 22.89 Mn |
| Sep 30, 2022 | -65.42 Mn |
| Jun 30, 2022 | -50.69 Mn |
| Mar 31, 2022 | -82.97 Mn |
| Dec 31, 2021 | -6.67 Mn |
| Sep 30, 2021 | -12.23 Mn |
| Jun 30, 2021 | 9.50 Mn |
| Mar 31, 2021 | -30.50 Mn |
| Dec 31, 2020 | 2.47 Mn |
| Sep 30, 2020 | 4.12 Mn |
| Jun 30, 2020 | 34.90 Mn |
| Mar 31, 2020 | 7.17 Mn |
| Dec 31, 2019 | -7.23 Mn |