United Fire (UFCS) Tax Rate (2010 - 2026)
United Fire (UFCS) recorded Tax Rate of 20.45% in Q2 2026, down 0.97 percentage points from 21.42% a year earlier and down 0.49 percentage points from the prior quarter.
United Fire (UFCS) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, United Fire's Tax Rate came in at 20.29% as of Jun 30, 2026, down 0.25 percentage points year-over-year; for FY2025, it was 20.11%, up 0.53 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -13.41 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 19.57% in FY2024 (-5.66 pp), 25.23% in FY2023 (+49.69 pp), -24.46% in FY2022 (-41.24 pp) and 16.78% in FY2021 (-16.73 pp).
- Quarterly Tax Rate has ranged from 11.13% in Q4 2022 to 69500.00% in Q1 2023 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -0.72 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 69481.64 percentage points in Q1 2023, against a drop of 69482.92 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.94% (Q1 2026), 20.43% (Q4 2025) and 19.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | 19.62% |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | 20.47% |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | 21.34% |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | 24.15% |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | 20.20% |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | - |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | 24.73% |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | 21.74% |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 21.96% |
| 10 | United Fire | 1.39 Bn | 694.95 Mn | 171.45 Mn | 20.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.45% |
| Mar 31, 2026 | 20.94% |
| Dec 31, 2025 | 20.43% |
| Sep 30, 2025 | 19.49% |
| Jun 30, 2025 | 21.42% |
| Mar 31, 2025 | 19.01% |
| Dec 31, 2024 | 20.49% |
| Sep 30, 2024 | 20.93% |
| Mar 31, 2024 | 17.08% |
| Dec 31, 2023 | 18.74% |
| Sep 30, 2023 | 23.83% |
| Dec 31, 2022 | 11.13% |
| Mar 31, 2022 | 18.36% |
| Dec 31, 2021 | 20.14% |
| Jun 30, 2021 | 15.50% |
| Mar 31, 2021 | 17.63% |
| Mar 31, 2019 | 18.57% |
| Sep 30, 2018 | 12.13% |
| Mar 31, 2018 | 5.60% |
| Mar 31, 2017 | 19.22% |
United Fire Tax Rate 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=tax-rate&ticker=UFCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=UFCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();