Utg (UTGN) Operating Expenses (2010 - 2026)
Utg (UTGN) posted Operating Expenses of $5.89 million for Q2 2026, up 9.8% from $5.36 million a year earlier but down 12.9% from the prior quarter.
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Analysis
Utg (UTGN) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Utg was $22.2 million, unchanged year-over-year; for FY2025, it came in at $20.48 million, down 5.8% from FY2024.
- Annual Operating Expenses has declined for three consecutive years, with a five-year compound annual growth rate of -3.7% (FY2020 to FY2025).
- In prior years, Utg's Operating Expenses was $21.75 million in FY2024 (-7.4%), $23.49 million in FY2023 (-8.8%), $25.77 million in FY2022 (+8.3%) and $23.79 million in FY2021 (-3.7%).
- Quarterly Operating Expenses has run from a low of $4.66 million in Q4 2023 to a high of $7.1 million in Q1 2022 over five years.
- On a year-over-year basis, Operating Expenses increased in five of the last eight quarters, with growth averaging 3.2%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2026, with growth of 31.8%; the weakest was Q4 2023, with a decline of 26.4%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $6.76 million (Q1 2026), $4.74 million (Q4 2025) and $4.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,168.75 Bn | -248.72 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Chubb | 136.94 Bn | 89.00 Bn | 9.13 Bn | 12.19 Bn |
| 3 | Progressive | 132.57 Bn | 108.40 Bn | 9.04 Bn | 19.40 Bn |
| 4 | Marsh & Mclennan Companies | 93.82 Bn | 86.22 Bn | - | 5.65 Bn |
| 5 | Travelers Companies | 83.08 Bn | 59.33 Bn | 6.23 Bn | 9.39 Bn |
| 6 | Manulife Financial | 75.37 Bn | -18.34 Bn | - | -902.21 Mn |
| 7 | Arthur J. Gallagher | 68.71 Bn | 63.14 Bn | - | 3.59 Bn |
| 8 | Aon | 64.39 Bn | 57.63 Bn | - | 3.33 Bn |
| 9 | Allstate | 64.30 Bn | 25.55 Bn | 8.73 Bn | 14.45 Bn |
| 10 | Utg | 181.94 Mn | -10.08 Mn | - | 5.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.89 Mn |
| Mar 31, 2026 | 6.76 Mn |
| Dec 31, 2025 | 4.74 Mn |
| Sep 30, 2025 | 4.82 Mn |
| Jun 30, 2025 | 5.36 Mn |
| Mar 31, 2025 | 5.13 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Sep 30, 2024 | 5.71 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 5.03 Mn |
| Dec 31, 2023 | 4.66 Mn |
| Sep 30, 2023 | 6.91 Mn |
| Jun 30, 2023 | 6.13 Mn |
| Mar 31, 2023 | 5.80 Mn |
| Dec 31, 2022 | 6.33 Mn |
| Sep 30, 2022 | 6.08 Mn |
| Jun 30, 2022 | 6.27 Mn |
| Mar 31, 2022 | 7.10 Mn |
| Dec 31, 2021 | 5.65 Mn |
| Sep 30, 2021 | 6.30 Mn |
API Access
Utg Operating 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-expenses&ticker=UTGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "UTGN", "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-expenses&ticker=UTGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();