Donegal Group Inc. (DGICA)

Donegal Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	930.93	936.65	882.07	822.49	776.02	742.04
Total Interest & Dividend Income	50.52	44.92	40.85	34.02	31.13	29.5
Gain (Loss) on Sale of Investments	2.6	4.98	3.17	-10.18	6.48	2.78
Non-Insurance Activities Revenue	3.78	3.05	1.24	1.9	2.85	3.5
Total Revenue	987.83	989.61	927.34	848.22	816.47	777.82
Revenue Growth (YoY)	0.89%	6.71%	9.33%	3.89%	4.97%	-4.26%
Policy Benefits	570.24	608.19	614.49	569.64	525.91	467.16
Policy Acquisition & Underwriting Costs	309.49	315.56	305.96	280.35	258.1	244.93
Other Operating Expenses	0.52	2.56	1.2	1.24	1.22	1.26
Total Operating Expenses	880.25	926.32	921.65	851.24	785.23	713.35
Operating Income	107.58	63.28	5.68	-3.02	31.23	64.47
Interest Expense	-1.28	-0.95	-0.62	-0.62	-0.9	-1.2
EBT Excluding Unusual Items	106.3	62.34	5.06	-3.64	30.34	63.27
Pretax Income	106.3	62.34	5.06	-3.64	30.34	63.27
Income Tax Expense	20.15	11.48	0.64	-1.68	5.08	10.46
Net Income	86.15	50.86	4.43	-1.96	25.25	52.82
Net Income to Common	86.15	50.86	4.43	-1.96	25.25	52.82
Net Income Growth	246.14%	1049.30%	-	-	-52.18%	12.01%
Shares Outstanding (Basic)	36	34	33	32	31	29
Shares Outstanding (Diluted)	36	34	33	32	31	29
Shares Change (YoY)	8.20%	2.06%	3.61%	2.81%	5.59%	2.40%
EPS (Basic)	2.41	1.51	0.13	-0.06	0.82	1.80
EPS (Diluted)	2.38	1.50	0.13	-0.06	0.81	1.79
EPS Growth	219.91%	1026.10%	-	-	-54.72%	9.39%
Free Cash Flow	88.43	67.44	28.58	67.11	76.73	101.04
Free Cash Flow Per Share	2.44	1.99	0.86	2.10	2.47	3.43
Dividend Per Share	0.710	0.688	0.675	0.655	0.630	0.595
Dividend Growth	3.65%	1.85%	3.05%	3.97%	5.88%	3.03%
Operating Margin	10.89%	6.40%	0.61%	-0.36%	3.83%	8.29%
Profit Margin	8.72%	5.14%	0.48%	-0.23%	3.09%	6.79%
Free Cash Flow Margin	8.95%	6.82%	3.08%	7.91%	9.40%	12.99%
EBITDA	111.23	67.16	10.01	1.82	37.07	71.19
EBITDA Margin	11.26%	6.79%	1.08%	0.21%	4.54%	9.15%
D&A For EBITDA	3.65	3.87	4.33	4.84	5.84	6.72
EBIT	107.58	63.28	5.68	-3.02	31.23	64.47
EBIT Margin	10.89%	6.40%	0.61%	-0.36%	3.82%	8.29%
Effective Tax Rate	18.95%	18.41%	12.60%	-	16.76%	16.53%
Revenue as Reported	987.83	989.61	927.34	848.22	816.47	777.82

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q