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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	941.6	936.65	882.07	822.49	776.02	742.04
Total Interest & Dividend Income	45.93	44.92	40.85	34.02	31.13	29.5
Gain (Loss) on Sale of Investments	2.4	4.98	3.17	-10.18	6.48	2.78
Non-Insurance Activities Revenue	3.71	3.05	1.24	1.9	2.85	3.5
Total Revenue	993.64	989.61	927.34	848.22	816.47	777.82
Revenue Growth (YoY)	5.29%	6.71%	9.33%	3.89%	4.97%	-4.26%
Policy Benefits	589.03	608.19	614.49	569.64	525.91	467.16
Policy Acquisition & Underwriting Costs	314.65	315.56	305.96	280.35	258.1	244.93
Other Operating Expenses	2.58	2.56	1.2	1.24	1.22	1.26
Total Operating Expenses	906.26	926.32	921.65	851.24	785.23	713.35
Operating Income	87.38	63.28	5.68	-3.02	31.23	64.47
Interest Expense	-1.12	-0.95	-0.62	-0.62	-0.9	-1.2
EBT Excluding Unusual Items	86.25	62.34	5.06	-3.64	30.34	63.27
Pretax Income	86.25	62.34	5.06	-3.64	30.34	63.27
Income Tax Expense	16.14	11.48	0.64	-1.68	5.08	10.46
Net Income	70.11	50.86	4.43	-1.96	25.25	52.82
Net Income to Common	70.11	50.86	4.43	-1.96	25.25	52.82
Net Income Growth	1254.17%	1049.30%	-	-	-52.18%	12.01%
Shares Outstanding (Basic)	34	34	33	32	31	29
Shares Outstanding (Diluted)	34	34	33	32	31	29
Shares Change (YoY)	3.64%	2.06%	3.61%	2.81%	5.59%	2.40%
EPS (Basic)	2.04	1.51	0.13	-0.06	0.82	1.80
EPS (Diluted)	2.03	1.50	0.13	-0.06	0.81	1.79
EPS Growth	1206.68%	1026.10%	-	-	-54.72%	9.39%
Free Cash Flow	88.37	67.44	28.58	67.11	76.73	101.04
Free Cash Flow Per Share	2.56	1.99	0.86	2.10	2.47	3.43
Dividend Per Share	0.690	0.688	0.675	0.655	0.630	0.595
Dividend Growth	1.47%	1.85%	3.05%	3.97%	5.88%	3.03%
Operating Margin	8.79%	6.40%	0.61%	-0.36%	3.83%	8.29%
Profit Margin	7.06%	5.14%	0.48%	-0.23%	3.09%	6.79%
Free Cash Flow Margin	8.89%	6.82%	3.08%	7.91%	9.40%	12.99%
EBITDA	91.3	67.16	10.01	1.82	37.07	71.19
EBITDA Margin	9.19%	6.79%	1.08%	0.21%	4.54%	9.15%
D&A For EBITDA	3.93	3.87	4.33	4.84	5.84	6.72
EBIT	87.38	63.28	5.68	-3.02	31.23	64.47
EBIT Margin	8.79%	6.40%	0.61%	-0.36%	3.82%	8.29%
Effective Tax Rate	18.71%	18.41%	12.60%	-	16.76%	16.53%
Revenue as Reported	993.64	989.61	927.34	848.22	816.47	777.82

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q