United Fire (UFCS) Non-Current Deferred Tax Liability (2010 - 2022)

United Fire (UFCS) posted Non-Current Deferred Tax Liability of $7.3 million for Q1 2022, down 72.89% sequentially from $26.8 million in Q4 2021, and down 70.29% YoY from $24.4 million in Q1 2021.

United Fire (UFCS) Non-Current Deferred Tax Liability (2010 - 2022) Analysis & Trends

United Fire has reported Non-Current Deferred Tax Liability for 13 years, with the latest figure at $7.3 million in Q1 2022.

  • Quarterly Non-Current Deferred Tax Liability fell 70.29% year-over-year to $7.3 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $7.3 million (down 70.29% YoY) and the FY2021 annual result came in at $26.8 million, down 70.83% from the prior year.
  • Non-Current Deferred Tax Liability fell to $7.3 million in Q1 2022 per UFCS's latest filing, from $26.8 million in the prior quarter.
  • Over five years, Non-Current Deferred Tax Liability peaked at $91.7 million in Q4 2020 and troughed at $1.1 million in Q3 2018.
  • A 5-year average of $20.5 million and a median of $18.1 million in 2021 frame the typical range for Non-Current Deferred Tax Liability.
  • The sharpest annual moves came in 2018 and 2019: Non-Current Deferred Tax Liability plunged 96.59% in 2018, then soared 2196.12% in 2019.
  • Over 5 years, Non-Current Deferred Tax Liability stood at $1.1 million in 2018, then soared by 1849.43% to $20.6 million in 2019, then jumped by 345.59% to $91.7 million in 2020, then slumped by 70.83% to $26.8 million in 2021, then sank by 72.89% to $7.3 million in 2022.
  • According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $7.3 million, $26.8 million, and $18.1 million for Q1 2022, Q4 2021, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chubb 135.00 Bn 121.24 Bn 9.13 Bn
2 Progressive 124.64 Bn 119.64 Bn 9.04 Bn
3 Travelers Companies 79.47 Bn 55.72 Bn 4.83 Bn
4 Allstate 67.79 Bn 29.06 Bn 16.28 Bn
5 Fairfax Financial Holdings 35.33 Bn 35.33 Bn -
6 Cincinnati Financial 26.79 Bn 24.90 Bn 2.39 Bn
7 Loews 23.31 Bn 1.01 Bn 2.57 Bn
8 Markel 23.23 Bn 6.34 Bn 2.83 Bn
9 Assurant 14.13 Bn 12.10 Bn 2.71 Bn
10 United Fire 1.39 Bn 1.25 Bn 171.45 Mn

Historic Data

Download Data
DateValue
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 91.73 Mn
Dec 31, 2020 91.73 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