United Fire (UFCS) Non-Current Deferred Tax Liability (2010 - 2022)
United Fire (UFCS) posted Non-Current Deferred Tax Liability of $59.4 million for Q4 2022, up 718.68% sequentially from $7.3 million in Q1 2022, and up 121.95% YoY from $26.8 million in Q4 2021.
United Fire (UFCS) Non-Current Deferred Tax Liability (2010 - 2022) Analysis & Trends
United Fire (UFCS) has 13 years of Non-Current Deferred Tax Liability data on file, last reported at $59.4 million in Q4 2022.
- Quarterly Non-Current Deferred Tax Liability rose 121.95% year-over-year to $59.4 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $59.4 million (up 121.95% YoY) and the FY2022 annual result came in at $59.4 million, up 121.95% from the prior year.
- Non-Current Deferred Tax Liability advanced to $59.4 million in Q4 2022 per UFCS's latest filing, from $7.3 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $93.2 million in Q4 2019, with the low at $1.1 million in Q3 2018.
- Average Non-Current Deferred Tax Liability over 5 years is $25.8 million, with a median of $20.1 million recorded in 2019.
- Year-over-year, Non-Current Deferred Tax Liability slumped 96.59% in 2018 and surged 2196.12% in 2019.
- United Fire's Non-Current Deferred Tax Liability stood at $67.2 million in 2018, then surged by 38.69% to $93.2 million in 2019, then plunged by 73.26% to $24.9 million in 2020, then increased by 7.32% to $26.8 million in 2021, then soared by 121.95% to $59.4 million in 2022.
- Business Quant data shows UFCS's Non-Current Deferred Tax Liability at $59.4 million in Q4 2022, $7.3 million in Q1 2022, and $26.8 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn |
| 10 | United Fire | 1.37 Bn | 1.20 Bn | 161.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 59.38 Mn |
| Dec 31, 2022 | 59.38 Mn |
| Mar 31, 2022 | 7.25 Mn |
| Mar 31, 2022 | 7.25 Mn |
| Dec 31, 2021 | 26.75 Mn |
| Dec 31, 2021 | 26.75 Mn |
| Sep 30, 2021 | 18.10 Mn |
| Sep 30, 2021 | 18.10 Mn |
| Jun 30, 2021 | 24.51 Mn |
| Jun 30, 2021 | 24.51 Mn |
| Mar 31, 2021 | 24.41 Mn |
| Mar 31, 2021 | 24.41 Mn |
| Dec 31, 2020 | 24.93 Mn |
| Dec 31, 2020 | 24.93 Mn |
| Sep 30, 2020 | 16.51 Mn |
| Sep 30, 2020 | 16.51 Mn |
| Jun 30, 2020 | 14.50 Mn |
| Jun 30, 2020 | 14.50 Mn |
| Mar 31, 2020 | 4.67 Mn |
| Mar 31, 2020 | 4.67 Mn |