United Fire (UFCS) Operating Interest Expenses (2010 - 2017)
United Fire's Operating Interest Expenses came in at $4.65 million for Q2 2017, down 9.5% from $5.14 million a year earlier and down 2.0% from the prior quarter.
United Fire (UFCS) Operating Interest Expenses (2010 - 2017) Analysis & Trends
Over the trailing twelve months to Jun 30, 2017, United Fire reported Operating Interest Expenses of $19.09 million, down 10.9% year-over-year; for FY2016, it was $20.08 million, down 15.2% from FY2015.
- Operating Interest Expenses has declined in each of the last six years, with a five-year compound annual growth rate of -14.1% (FY2011 to FY2016).
- Going back by year, Operating Interest Expenses was $23.68 million in FY2015 (-21.7%), $30.25 million in FY2014 (-14.0%), $35.16 million in FY2013 (-15.1%) and $41.41 million in FY2012 (-3.3%).
- The Q2 2017 figure represents the lowest quarterly Operating Interest Expenses in data going back to Q2 2010.
- Year-over-year, Operating Interest Expenses has declined for 24 consecutive quarters, with an average decline of 15.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Operating Interest Expenses ranged from 5.2% (Q3 2012) to 25.8% (Q3 2015).
- Business Quant data shows UFCS's Operating Interest Expenses at $4.74 million (Q1 2017), $4.71 million (Q4 2016) and $4.98 million (Q3 2016) in the three quarters before Q2 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | - |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | - |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 3.07 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | - |
| 10 | United Fire | 1.35 Bn | 660.25 Mn | 171.45 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2017 | 4.65 Mn |
| Mar 31, 2017 | 4.74 Mn |
| Dec 31, 2016 | 4.71 Mn |
| Sep 30, 2016 | 4.98 Mn |
| Jun 30, 2016 | 5.14 Mn |
| Mar 31, 2016 | 5.25 Mn |
| Dec 31, 2015 | 5.47 Mn |
| Sep 30, 2015 | 5.57 Mn |
| Jun 30, 2015 | 6.02 Mn |
| Mar 31, 2015 | 6.62 Mn |
| Dec 31, 2014 | 6.90 Mn |
| Sep 30, 2014 | 7.50 Mn |
| Jun 30, 2014 | 7.85 Mn |
| Mar 31, 2014 | 7.99 Mn |
| Dec 31, 2013 | 8.14 Mn |
| Sep 30, 2013 | 8.63 Mn |
| Jun 30, 2013 | 9.08 Mn |
| Mar 31, 2013 | 9.32 Mn |
| Dec 31, 2012 | 9.80 Mn |
| Sep 30, 2012 | 10.33 Mn |
United Fire Operating Interest Expenses 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=operating-interest-expenses&ticker=UFCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-interest-expenses", "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=operating-interest-expenses&ticker=UFCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();