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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.87 Bn | 121.10 Bn | 9.13 Bn | - |
| 2 | Progressive | 130.55 Bn | 125.55 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.11 Bn | 55.36 Bn | 6.23 Bn | - |
| 4 | Allstate | 67.83 Bn | 29.10 Bn | 16.28 Bn | - |
| 5 | Fairfax Financial Holdings | 36.18 Bn | 36.18 Bn | - | - |
| 6 | Cincinnati Financial | 26.93 Bn | 25.04 Bn | 2.39 Bn | - |
| 7 | Markel | 23.13 Bn | 6.24 Bn | 2.83 Bn | - |
| 8 | Loews | 22.61 Bn | 314.22 Mn | 2.57 Bn | - |
| 9 | Assurant | 14.25 Bn | 12.21 Bn | 2.71 Bn | - |
| 10 | United Fire | 1.45 Bn | 1.31 Bn | 171.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |