United Fire Group (UFCS) Revenue & Revenue Breakdown

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United Fire Group Revenue Highlights

Latest Revenue (Y)

$1.25B

Latest Revenue (Q)

$335.47M

Main Segment (Y)

Property And Casualty

United Fire Group Revenue by Period

United Fire Group Revenue by Year

Date	Revenue	Change
2024-12-31	$1.25B	14.41%
2023-12-31	$1.10B	11.75%
2022-12-31	$980.29M	-8.06%
2021-12-31	$1.07B	-0.23%
2020-12-31	$1.07B	-11.03%
2019-12-31	$1.20B	12.24%
2018-12-31	$1.07B	1.66%
2017-12-31	$1.05B	-7.41%
2016-12-31	$1.14B	9.86%
2015-12-31	$1.03B	9.88%
2014-12-31	$941.89M	7.39%
2013-12-31	$877.04M	7.85%
2012-12-31	$813.24M	15.35%
2011-12-31	$705.01M	19.28%
2010-12-31	$591.07M	3.30%
2009-12-31	$572.19M	-4.86%
2008-12-31	$601.45M	-5.81%
2007-12-31	$638.53M	0.46%
2006-12-31	$635.60M	2.58%
2005-12-31	$619.61M	1.89%
2004-12-31	$608.13M	6.08%
2003-12-31	$573.28M	12.22%
2002-12-31	$510.88M	8.02%
2001-12-31	$472.95M	12.45%
2000-12-31	$420.58M	19.07%
1999-12-31	$353.22M	4.42%
1998-12-31	$338.27M	8.72%
1997-12-31	$311.13M	3.62%
1996-12-31	$300.27M	13.49%
1995-12-31	$264.59M	13.17%
1994-12-31	$233.80M	7.30%
1993-12-31	$217.90M	-

United Fire Group generated $1.25B in revenue during NA 2024, up 14.41% compared to the previous quarter, and up 104.34% compared to the same period a year ago.

United Fire Group Revenue by Quarter

Date	Revenue	Change
2025-06-30	$335.47M	1488.11%
2025-03-31	$21.12M	-41.83%
2024-12-31	$36.31M	-88.76%
2024-09-30	$322.96M	7.24%
2024-06-30	$301.17M	1.75%
2024-03-31	$296.00M	3.02%
2023-12-31	$287.32M	4.88%
2023-09-30	$273.95M	2.57%
2023-06-30	$267.09M	-0.01%
2023-03-31	$267.10M	-7.29%
2022-12-31	$288.10M	22.30%
2022-09-30	$235.57M	7.30%
2022-06-30	$219.54M	-10.40%
2022-03-31	$245.01M	-10.09%
2021-12-31	$272.50M	9.64%
2021-09-30	$248.54M	1.69%
2021-06-30	$244.41M	-18.73%
2021-03-31	$300.74M	-3.27%
2020-12-31	$310.90M	10.20%
2020-09-30	$282.12M	-5.27%
2020-06-30	$297.80M	67.49%
2020-03-31	$177.81M	-39.39%
2019-12-31	$293.37M	-1.57%
2019-09-30	$298.06M	-2.02%
2019-06-30	$304.20M	-0.44%
2019-03-31	$305.54M	21.22%
2018-12-31	$252.06M	-13.65%
2018-09-30	$291.91M	6.00%
2018-06-30	$275.40M	9.81%
2018-03-31	$250.79M	-8.25%
2017-12-31	$273.36M	1.39%
2017-09-30	$269.62M	-6.05%
2017-06-30	$286.98M	1.38%
2017-03-31	$283.06M	-6.27%
2016-12-31	$302.00M	4.32%
2016-09-30	$289.49M	3.47%
2016-06-30	$279.77M	5.30%
2016-03-31	$265.69M	-2.57%
2015-12-31	$272.69M	3.07%
2015-09-30	$264.56M	3.38%
2015-06-30	$255.92M	7.31%
2015-03-31	$238.48M	-4.04%
2014-12-31	$248.53M	5.37%
2014-09-30	$235.87M	1.37%
2014-06-30	$232.67M	4.38%
2014-03-31	$222.90M	0.42%
2013-12-31	$221.96M	-0.48%
2013-09-30	$223.02M	1.50%
2013-06-30	$219.72M	7.02%
2013-03-31	$205.31M	-2.59%
2012-12-31	$210.75M	2.02%
2012-09-30	$206.58M	3.47%
2012-06-30	$199.65M	3.07%
2012-03-31	$193.70M	1.12%
2011-12-31	$191.55M	2.12%
2011-09-30	$187.57M	3.17%
2011-06-30	$181.80M	26.19%
2011-03-31	$144.08M	-3.97%
2010-12-31	$150.03M	1.44%
2010-09-30	$147.90M	-0.07%
2010-06-30	$148.01M	1.99%
2010-03-31	$145.13M	-2.72%
2009-12-31	$149.18M	-1.01%
2009-09-30	$150.70M	12.42%
2009-06-30	$134.05M	-3.05%
2009-03-31	$138.26M	-7.69%
2008-12-31	$149.78M	0.27%
2008-09-30	$149.38M	-1.88%
2008-06-30	$152.25M	1.47%
2008-03-31	$150.04M	-9.48%
2007-12-31	$165.76M	-

United Fire Group generated $335.47M in revenue during Q2 2025, up 1488.11% compared to the previous quarter, and up 113.34% compared to the same period a year ago.

United Fire Group Revenue Breakdown

United Fire Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 20	Dec 19	Dec 18
Property And Casualty	$1.03B	$951.54M	$1.06B	-	-
Property, Liability and Casualty Insurance Product Line	-	-	-	$1.09B	$1.04B

United Fire Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Property And Casualty (100.00%).

United Fire Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DGICA	Donegal Group	$989.61B	$247.15M
UVE	Universal Insurance	$1.52B	$400.14M
UFCS	United Fire Group	$1.25B	$335.47M
HRTG	Heritage Insurance	$816.99M	$208.03M
BOW	Bowhead Specialty	$425.66M	$133.26M
ASIC	Ategrity Specialty	$343.83M	$83.12M
MBWM	Mercantile Bank	$321.50M	$73.26M
AMSF	AMERISAFE	$309.04M	$81.09M
EQBK	Equity Bancshares	$296.84M	$82.78M
SLRC	SLR Investment	$232.43M	$53.91M
ACIC	American Coastal Insurance	-	$86.47M

UFCS Revenue FAQ

What is United Fire Group’s yearly revenue?

United Fire Group's yearly revenue for 2024 was $1.25B, representing an increase of 14.41% compared to 2023. The company's yearly revenue for 2023 was $1.1B, representing an increase of 11.75% compared to 2022. UFCS's yearly revenue for 2022 was $980.29M, representing a decrease of -8.06% compared to 2021.

What is United Fire Group’s quarterly revenue?

United Fire Group's quarterly revenue for Q2 2025 was $335.47M, a 1488.11% increase from the previous quarter (Q1 2025), and a 11.39% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $21.12M, a -41.83% decrease from the previous quarter (Q4 2024), and a -92.86% decrease year-over-year (Q1 2024). UFCS's quarterly revenue for Q4 2024 was $36.31M, a -88.76% decrease from the previous quarter (Q3 2024), and a -87.36% decrease year-over-year (Q4 2023).

What is United Fire Group’s revenue growth rate?

United Fire Group's revenue growth rate for the last 3 years (2022-2024) was 27.85%, and for the last 5 years (2020-2024) was 17.28%.

What are United Fire Group’s revenue streams?

United Fire Group's revenue streams in c 23 are Property And Casualty

What is United Fire Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of United Fire Group was Property And Casualty. This segment made a revenue of $1.03B, representing 100.00% of the company's total revenue.