Donegal Group Inc. (DGICA)

Donegal Group Income Statement

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

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

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q