United Fire Group, Inc. (UFCS)

United Fire Group Balance Sheet

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
Investments in Debt Securities	2,016	1,868	1,687	1,551	1,720	1,825
Investments in Equity & Preferred Securities	-	-	55.02	169.11	213.4	206.69
Other Investments	215.36	183.84	99.61	86.55	84.37	69.48
Total Investments	2,271	2,093	1,886	1,845	2,065	2,149
Cash & Equivalents	233.74	200.95	102.05	96.65	132.1	87.95
Reinsurance Recoverable	233.13	230.83	223.27	170.95	127.82	160.54
Other Receivables	539.46	480.78	502.19	411.63	362.55	398.1
Deferred Policy Acquisition Cost	164.45	147.22	126.53	104.23	91.45	87.09
Property, Plant & Equipment	134.7	157.43	163.43	159.59	167.53	148.49
Other Intangible Assets	3.37	3.91	4.62	5.32	6.03	6.74
Other Current Assets	32.33	44.89	27.68	11.3	9.33	12.97
Long-Term Deferred Tax Assets	16.6	23.02	13.62	15.53	-	-
Other Long-Term Assets	125.07	106.35	94.31	62.2	51.24	18.58
Total Assets	3,754	3,488	3,144	2,882	3,013	3,070
Accrued Expenses	135.58	149.78	142.64	93.59	72.48	107.38
Unpaid Claims	1,882	1,797	1,639	1,497	1,514	1,578
Unearned Premiums	691.43	621.45	549.38	474.39	439.73	464.85
Current Portion of Leases	-	9.17	9.36	8.45	8.3	6.89
Long-Term Debt	146.13	117.06	50	50	50	50
Long-Term Leases	-	12.7	20.31	18.47	22.07	12.36
Long-Term Deferred Tax Liabilities	-	-	-	-	26.75	24.93
Total Liabilities	2,855	2,707	2,410	2,142	2,134	2,245
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	221.63	215.85	209.99	207.03	203.38	202.36
Retained Earnings	688.05	620.44	574.69	620.56	621.38	555.85
Comprehensive Income & Other	-11	-54.78	-50.96	-87.5	54.34	66.91
Shareholders' Equity	898.71	781.53	733.75	740.11	879.12	825.15
Total Liabilities & Equity	3,754	3,488	3,144	2,882	3,013	3,070
Filing Date Shares Outstanding	25.51	25.38	25.28	25.22	25.1	25.09
Total Common Shares Outstanding	25.51	25.38	25.27	25.21	25.08	25.06
Total Debt	146.13	138.93	79.67	76.92	80.37	69.24
Net Cash (Debt)	87.61	62.02	22.38	19.73	51.73	18.7
Net Cash Growth	9.02%	177.16%	13.44%	-61.87%	176.58%	-82.16%
Net Cash Per Share	3.34	2.39	0.89	0.78	2.03	0.75
Book Value Per Share	35.22	30.80	29.04	29.36	35.05	32.93
Tangible Book Value	895.34	777.63	729.13	734.79	873.09	818.41
Tangible Book Value Per Share	35.09	30.64	28.85	29.15	34.81	32.66
Land	-	76.42	78.68	80.35	87.89	2.97

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q