United Fire (UFCS) Non-Current Deferred Tax Liability (2016 - 2022)
United Fire (UFCS) reported Non-Current Deferred Tax Liability of $7.25 million for Q1 2022, down 70.3% from $24.41 million a year earlier and down 72.9% from the prior quarter.
United Fire (UFCS) Non-Current Deferred Tax Liability (2016 - 2022) Analysis & Trends
At the end of FY2021, United Fire posted Non-Current Deferred Tax Liability of $26.75 million, up 7.3% from FY2020.
- Non-Current Deferred Tax Liability has a five-year compound annual growth rate of 27.8% (FY2016 to FY2021).
- By year, Non-Current Deferred Tax Liability came in at $24.93 million in FY2020 (+21.1%), $20.59 million in FY2019 and $5.95 million in FY2017 (-24.2%).
- The Q1 2022 figure ranks as the lowest quarterly Non-Current Deferred Tax Liability since Q1 2020.
- Year over year, Non-Current Deferred Tax Liability gained in five of the last eight quarters, with growth averaging 50.0%.
- The high point for year-over-year Non-Current Deferred Tax Liability in five years was Q1 2021 (growth of 423.0%); the low point was Q1 2022 (a decline of 70.3%).
- Per Business Quant data, the three quarters before Q1 2022 came in at $26.75 million (Q4 2021), $18.1 million (Q3 2021) and $24.51 million (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn |
| 10 | United Fire | 1.28 Bn | 669.93 Mn | 175.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 7.25 Mn |
| Dec 31, 2021 | 26.75 Mn |
| Sep 30, 2021 | 18.10 Mn |
| Jun 30, 2021 | 24.51 Mn |
| Mar 31, 2021 | 24.41 Mn |
| Dec 31, 2020 | 24.93 Mn |
| Sep 30, 2020 | 16.51 Mn |
| Jun 30, 2020 | 14.50 Mn |
| Mar 31, 2020 | 4.67 Mn |
| Dec 31, 2019 | 20.59 Mn |
| Sep 30, 2019 | 24.25 Mn |
| Jun 30, 2019 | 20.12 Mn |
| Mar 31, 2019 | 11.04 Mn |
| Sep 30, 2018 | 1.06 Mn |
| Dec 31, 2017 | 5.95 Mn |
| Dec 31, 2016 | 7.85 Mn |
United Fire Non-Current Deferred Tax Liability API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=UFCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "ticker": "UFCS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=UFCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();