United Fire (UFCS) Non Operating Income (2012 - 2024)

United Fire (UFCS) posted Non Operating Income of $51.9 million for Q3 2024, up 806.44% sequentially from -$7.3 million in Q2 2024, and up 217.72% YoY from $16.3 million in Q4 2023.

United Fire (UFCS) Non Operating Income (2012 - 2024) Analysis & Trends

United Fire has reported Non Operating Income for 13 years, with the latest figure at $51.9 million in Q3 2024.

  • Quarterly Non Operating Income rose 217.72% year-over-year to $51.9 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $125.3 million (up 762.04% YoY) and the FY2023 annual result came in at $45.3 million, up 124.57% from the prior year.
  • Non Operating Income climbed to $51.9 million in Q3 2024 per UFCS's latest filing, from -$7.3 million in the prior quarter.
  • Over five years, Non Operating Income peaked at $92.6 million in Q4 2023 and troughed at -$87.6 million in Q1 2022.
  • A 5-year average of -$3.2 million and a median of $4.1 million in 2020 frame the typical range for Non Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Non Operating Income slumped 1064.61% in 2022, then jumped 226.37% in 2023.
  • Over 5 years, Non Operating Income stood at $20.9 million in 2020, then plunged by 33.15% to $14.0 million in 2021, then soared by 102.93% to $28.4 million in 2022, then surged by 226.37% to $92.6 million in 2023, then tumbled by 44.01% to $51.9 million in 2024.
  • According to Business Quant data, Non Operating Income over the past three periods registered $51.9 million, -$7.3 million, and -$11.8 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Chubb 134.94 Bn 121.18 Bn 9.13 Bn -
2 Progressive 124.72 Bn 119.71 Bn 9.04 Bn -
3 Travelers Companies 79.44 Bn 55.69 Bn 4.83 Bn -
4 Allstate 67.68 Bn 28.95 Bn 16.28 Bn -
5 Fairfax Financial Holdings 35.33 Bn 35.33 Bn - -
6 Cincinnati Financial 26.77 Bn 24.88 Bn 2.39 Bn -
7 Loews 23.32 Bn 1.02 Bn 2.57 Bn -
8 Markel 23.25 Bn 6.37 Bn 2.83 Bn -
9 Assurant 14.12 Bn 12.08 Bn 2.71 Bn -
10 United Fire 1.39 Bn 1.25 Bn 171.45 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 51.87 Mn
Jun 30, 2024 -7.34 Mn
Mar 31, 2024 -11.84 Mn
Dec 31, 2023 92.64 Mn
Sep 30, 2023 -44.07 Mn
Jun 30, 2023 -20.44 Mn
Mar 31, 2023 17.18 Mn
Dec 31, 2022 28.39 Mn
Sep 30, 2022 -70.01 Mn
Jun 30, 2022 -55.28 Mn
Mar 31, 2022 -87.56 Mn
Dec 31, 2021 13.99 Mn
Sep 30, 2021 -16.00 Mn
Jun 30, 2021 5.73 Mn
Mar 31, 2021 -23.99 Mn
Dec 31, 2020 20.92 Mn
Sep 30, 2020 4.12 Mn
Jun 30, 2020 34.90 Mn
Mar 31, 2020 5.58 Mn
Dec 31, 2019 -28.16 Mn