United Fire Group, Inc. (UFCS)

United Fire Group Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	2,205	1,868	1,687	1,551	1,720
Investments in Equity & Preferred Securities	-	-	55.02	169.11	213.4
Other Investments	228.51	183.84	99.61	86.55	84.37
Total Investments	2,465	2,093	1,886	1,845	2,065
Cash & Equivalents	156.33	200.95	102.05	96.65	132.1
Reinsurance Recoverable	238.51	230.83	223.27	170.95	127.82
Other Receivables	516.7	480.78	502.19	411.63	362.55
Deferred Policy Acquisition Cost	158.18	147.22	126.53	104.23	91.45
Property, Plant & Equipment	145.43	157.43	163.43	159.59	167.53
Other Intangible Assets	3.2	3.91	4.62	5.32	6.03
Other Current Assets	32.36	44.89	27.68	11.3	9.33
Long-Term Deferred Tax Assets	15.45	23.02	13.62	15.53	-
Other Long-Term Assets	109.96	106.35	94.31	62.2	51.24
Total Assets	3,841	3,488	3,144	2,882	3,013
Accrued Expenses	155.23	149.78	142.64	93.59	72.48
Unpaid Claims	1,925	1,797	1,639	1,497	1,514
Unearned Premiums	660.21	621.45	549.38	474.39	439.73
Current Portion of Leases	7.61	9.17	9.36	8.45	8.3
Long-Term Debt	146.2	117.06	50	50	50
Long-Term Leases	5.54	12.7	20.31	18.47	22.07
Long-Term Deferred Tax Liabilities	-	-	-	-	26.75
Total Liabilities	2,900	2,707	2,410	2,142	2,134
Common Stock	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	223.89	215.85	209.99	207.03	203.38
Retained Earnings	722.32	620.44	574.69	620.56	621.38
Comprehensive Income & Other	-5.06	-54.78	-50.96	-87.5	54.34
Shareholders' Equity	941.17	781.53	733.75	740.11	879.12
Total Liabilities & Equity	3,841	3,488	3,144	2,882	3,013
Filing Date Shares Outstanding	25.52	25.38	25.28	25.22	25.1
Total Common Shares Outstanding	25.52	25.38	25.27	25.21	25.08
Total Debt	159.36	138.93	79.67	76.92	80.37
Net Cash (Debt)	-3.02	62.02	22.38	19.73	51.73
Net Cash Growth	-	177.16%	13.44%	-61.87%	176.58%
Net Cash Per Share	-0.11	2.39	0.89	0.78	2.03
Book Value Per Share	36.88	30.80	29.04	29.36	35.05
Tangible Book Value	937.97	777.63	729.13	734.79	873.09
Tangible Book Value Per Share	36.75	30.64	28.85	29.15	34.81
Land	1.2	1.2	78.68	80.35	87.89

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q