GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » United Fire Group Inc (NAS:UFCS) » Definitions » Pre-Tax Income

United Fire Group (United Fire Group) Pre-Tax Income : $-23 Mil (TTM As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is United Fire Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. United Fire Group's pretax income for the three months ended in Mar. 2024 was $16 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-23 Mil. United Fire Group's pretax margin was 5.50%.

During the past 13 years, United Fire Group's highest Pretax Margin was 12.86%. The lowest was -15.72%. And the median was 1.45%.


United Fire Group Pre-Tax Income Historical Data

The historical data trend for United Fire Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Fire Group Pre-Tax Income Chart

United Fire Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.88 -169.52 96.84 12.08 -39.72

United Fire Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -72.23 8.38 24.13 16.28

Competitive Comparison of United Fire Group's Pre-Tax Income

For the Insurance - Property & Casualty subindustry, United Fire Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Fire Group's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, United Fire Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where United Fire Group's Pre-Tax Income falls into.



United Fire Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

United Fire Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+-39.721
=-40

United Fire Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+16.284
=16

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Fire Group  (NAS:UFCS) Pre-Tax Income Explanation

United Fire Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=16.284/295.999
=5.50%

During the past 13 years, United Fire Group's highest Pretax Margin was 12.86%. The lowest was -15.72%. And the median was 1.45%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Fire Group Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of United Fire Group's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


United Fire Group (United Fire Group) Business Description

Traded in Other Exchanges
N/A
Address
118 Second Avenue SE, Cedar Rapids, IA, USA, 52401
United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company's only operating segment is property and casualty insurance, which includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The primary source of revenue is premiums and investment income.
Executives
Robert Francis Cataldo officer: VP & Strategy Officer 118 SECOND AVENUE SE, CEDAR RAPIDS IA 52401
Micah G Woolstenhulme officer: VP 118 2ND AVE SE, CEDAR RAPIDS IA 52401
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Christopher R Drahozal director 2001 RIVIERA COURT, LAWRENCE KS 66047-1999
Julie A Stephenson officer: Executive VP & COO 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Eric J Martin officer: Chief Financial Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52407
Mark A. Green director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Kevin James Leidwinger director, officer: Director, CEO 151 N. FRANKLIN, CHICAGO IL 60606
Sarah E Madsen officer: Chief Legal Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Jeremy Bahl officer: VP & Chief UW Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Kyle D. Skogman director 411 FIRST AVENUE SE, CEDAR RAPIDS IA 52401
Lura E Mcbride director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Mary K. Quass director 2875 MT. VERNON RD SE, CEDAR RAPIDS IA 52403
James Noyce director 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Matthew R Foran director 118 2ND AVE SE, CEDAR RAPIDS IA 52401