Filing Flows › Financials › United Fire Group (UFCS)
United Fire Group (UFCS) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · United Fire Group (UFCS) Q3 2026 earnings results →
Q3 2026 Revenue up 11% year over year to $392M · 9¢ of every $1 of revenue kept as net profit · operating margin 11.4%
United Fire Group made $392M in Q3 2026 (+11% Y/Y). Operating margin 11.4%, net earnings $35.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $391.6M in Q3 2026, up 11% year over year and up 2% from the previous quarter.
Operating profit was $44.8M, a 11.4% margin (down 2.3 points year over year). Operating profit fell $3.9M even though revenue rose $37.6M versus Q3 2025, so costs grew faster than sales. Total costs grew 14% against revenue growth of 11%. Net earnings were $35.1M, down 10% year over year. The effective tax rate was 21.7%.
Operating cash flow was $101.1M (up 66% year over year), 288% of net earnings. Non-cash charges added back $2.7M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $60.7M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 4, 2026 | $392M | +11% | 11.4% | $35.1M | $101M |
| Q2 2026 | 10-Q | Aug 4, 2026 | $384M | +14% | 10.9% | $33.4M | $34.2M |
| Q1 2026 | 10-Q | May 6, 2026 | $369M | +12% | 10.3% | $30.1M | $56.6M |
| Q4 2025 | 10-K | Feb 26, 2026 | $366M | +10% | 13.2% | $38.4M | $120M |
| Q3 2025 | 10-Q | Nov 5, 2025 | $354M | +10% | 13.7% | $39.2M | $60.8M |
| Q2 2025 | 10-Q | Aug 6, 2025 | $335M | +11% | 8.7% | $22.9M | $53.4M |
| Q1 2025 | 10-Q | May 7, 2025 | $331M | +12% | 6.6% | $17.7M | $35.7M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About United Fire Group
Founded in 1946, United Fire Group, Inc. ("UFG", the "Registrant", the "Company", "we", "us", or "our") and its subsidiaries are engaged in the business of writing property and casualty insurance through a network of independent agencies. Our insurance company subsidiaries are currently licensed as property and casualty insurers in all 50 states, plus the District of Columbia. Our principal executive office is located at 118 Second Avenue SE, Cedar Rapids, Iowa 52401. The Company owns 100 percent of United Fire & Casualty Company ("UF&C"), which owns 100 percent of eight subsidiaries: (1) Addison Insurance Company; (2) Lafayette Insurance Company; (3) United Fire & Indemnity Company; (4) Mercer Insurance Company; (5) Financial Pacific Insurance Company; (6) UFG Specialty Insurance Company; (7) United Real Estate Holdings LLC and (8) McIntyre Cedar UK Limited.
In its own words, from its 10-K, filed Feb 26, 2026.
United Fire Group against its Fire, Marine & Casualty Insurance peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +11% against the peers' median +3%. Operating margin: 11.4% against the peers' median 15.1%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| UFCS United Fire Group | Q3 2026 | $392M | +11% | 11.4% |
| BRK-B Berkshire Hathaway | Q2 2026 | $101.8B | +10% | 15.5% |
| PGR Progressive | Q3 2026 | $23.2B | +3% | 14.0% |
| ALL Allstate | Q3 2026 | $17.3B | +0.5% | 15.1% |
| CB Chubb | Q3 2026 | $16.2B | +0.3% | 21.0% |
| TRV Travelers Companies | Q3 2026 | $12.4B | -0.5% | 19.1% |
| AIG American International Group | Q3 2026 | $7.4B | +17% | 15.0% |
| HIG Hartford Insurance Group | Q3 2026 | $7.2B | +4% | 21.9% |
| L Loews | Q3 2026 | $4.8B | +2% | 8.5% |
Source: United Fire Group 10-Q on SEC EDGAR · CIK 101199 · Fire, Marine & Casualty Insurance
Guidance and outlook
13F: who owns UFCS and who is buying
More on UFCS
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results