Donegal Group Inc. (DGICB)

Donegal Group Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	943.73	927.34	848.22	816.47	777.82	812.45
Revenue Growth (YoY)	9.06%	9.33%	3.89%	4.97%	-4.26%	5.26%
Cost of Revenue	626.99	614.49	569.64	525.91	467.16	515.37
Gross Profit	316.74	312.85	278.58	290.56	310.66	297.09
Selling, General & Admin	308.89	305.96	280.35	258.1	244.93	237
Other Operating Expenses	0.01	0	0	0	0	0
Operating Expenses	308.9	305.96	280.35	258.1	244.93	237
Operating Income	7.84	6.89	-1.77	32.46	65.73	60.08
Interest Expense / Income	0.62	0.62	0.62	0.9	1.2	1.58
Other Expense / Income	1.2	1.2	1.24	1.22	1.26	1.42
Pretax Income	6.02	5.06	-3.64	30.34	63.27	57.08
Income Tax	0.84	0.64	-1.68	5.08	10.46	9.93
Net Income	5.18	4.43	-1.96	25.25	52.82	47.15
Net Income Growth	-	-	-	-52.18%	12.01%	-
Shares Outstanding (Basic)	33	33	32	31	30	29
Shares Change	2.00%	2.39%	3.63%	5.23%	3.80%	1.12%
EPS (Basic)	0.16	0.14	-0.06	0.83	1.84	1.68
EPS (Diluted)	0.16	0.14	-0.06	0.83	1.83	1.67
EPS Growth	-	-	-	-54.64%	9.58%	-
Free Cash Flow	34.12	28.58	67.14	77.96	101.04	76.21
Free Cash Flow Per Share	1.02	0.86	2.07	2.49	3.39	2.66
Dividend Per Share	0.680	0.675	0.655	0.630	0.595	0.577
Dividend Growth	3.03%	3.05%	3.97%	5.88%	3.12%	1.58%
Gross Margin	33.56%	33.74%	32.84%	35.59%	39.94%	36.57%
Operating Margin	0.83%	0.74%	-0.21%	3.98%	8.45%	7.39%
Profit Margin	0.55%	0.48%	-0.23%	3.09%	6.79%	5.80%
Free Cash Flow Margin	3.62%	3.08%	7.92%	9.55%	12.99%	9.38%
Effective Tax Rate	13.93%	12.60%	-	16.76%	16.53%	17.40%
EBITDA	10.81	10.01	1.82	37.07	71.19	64.23
EBITDA Margin	1.15%	1.08%	0.22%	4.54%	9.15%	7.91%
Depreciation & Amortization	4.17	4.33	4.84	5.84	6.72	5.57
EBIT	6.64	5.68	-3.02	31.23	64.47	58.66
EBIT Margin	0.70%	0.61%	-0.36%	3.83%	8.29%	7.22%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).