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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	939.07	936.65	882.07	822.49	776.02	742.04
Total Interest & Dividend Income	47.4	44.92	40.85	34.02	31.13	29.5
Gain (Loss) on Sale of Investments	3.2	4.98	3.17	-10.18	6.48	2.78
Non-Insurance Activities Revenue	3.97	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)	3.36%	6.71%	9.33%	3.89%	4.97%	-4.26%
Policy Benefits	574.22	608.19	614.49	569.64	525.91	467.16
Policy Acquisition & Underwriting Costs	314.61	315.56	305.96	280.35	258.1	244.93
Other Operating Expenses	1.85	2.56	1.2	1.24	1.22	1.26
Total Operating Expenses	890.67	926.32	921.65	851.24	785.23	713.35
Operating Income	102.97	63.28	5.68	-3.02	31.23	64.47
Interest Expense	-1.31	-0.95	-0.62	-0.62	-0.9	-1.2
EBT Excluding Unusual Items	101.66	62.34	5.06	-3.64	30.34	63.27
Pretax Income	101.66	62.34	5.06	-3.64	30.34	63.27
Income Tax Expense	18.84	11.48	0.64	-1.68	5.08	10.46
Net Income	82.83	50.86	4.43	-1.96	25.25	52.82
Net Income to Common	82.83	50.86	4.43	-1.96	25.25	52.82
Net Income Growth	1029.51%	1049.30%	-	-	-52.18%	12.01%
Shares Outstanding (Basic)	35	34	33	32	31	29
Shares Outstanding (Diluted)	35	34	33	32	31	29
Shares Change (YoY)	5.98%	2.06%	3.61%	2.81%	5.59%	2.40%
EPS (Basic)	2.37	1.51	0.13	-0.06	0.82	1.80
EPS (Diluted)	2.34	1.50	0.13	-0.06	0.81	1.79
EPS Growth	965.80%	1026.10%	-	-	-54.72%	9.39%
Free Cash Flow	78.82	67.44	28.58	67.11	76.73	101.04
Free Cash Flow Per Share	2.23	1.99	0.86	2.10	2.47	3.43
Dividend Per Share	0.700	0.688	0.675	0.655	0.630	0.595
Dividend Growth	2.56%	1.85%	3.05%	3.97%	5.88%	3.03%
Operating Margin	10.36%	6.40%	0.61%	-0.36%	3.83%	8.29%
Profit Margin	8.33%	5.14%	0.48%	-0.23%	3.09%	6.79%
Free Cash Flow Margin	7.93%	6.82%	3.08%	7.91%	9.40%	12.99%
EBITDA	106.88	67.16	10.01	1.82	37.07	71.19
EBITDA Margin	10.76%	6.79%	1.08%	0.21%	4.54%	9.15%
D&A For EBITDA	3.91	3.87	4.33	4.84	5.84	6.72
EBIT	102.97	63.28	5.68	-3.02	31.23	64.47
EBIT Margin	10.36%	6.40%	0.61%	-0.36%	3.82%	8.29%
Effective Tax Rate	18.53%	18.41%	12.60%	-	16.76%	16.53%
Revenue as Reported	993.64	989.61	927.34	848.22	816.47	777.82

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

SEC Filings: 10-K · 10-Q