United Operating Income from 2010 to 2024

UFCS Stock  USD 30.08  0.06  0.20%   
United Fire Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit United Fire Group generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
-2.3 M
Current Value
27.5 M
Quarterly Volatility
28.8 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Fire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Fire's main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Total Revenue of 635.1 M or Gross Profit of 634.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0214 or PTB Ratio of 1.26. United financial statements analysis is a perfect complement when working with United Fire Valuation or Volatility modules.
  
Check out the analysis of United Fire Correlation against competitors.

Latest United Fire's Operating Income Growth Pattern

Below is the plot of the Operating Income of United Fire Group over the last few years. Operating Income is the amount of profit realized from United Fire Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of United Fire Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. United Fire's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Fire's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

United Operating Income Regression Statistics

Arithmetic Mean25,160,213
Geometric Mean33,082,628
Coefficient Of Variation288.03
Mean Deviation49,986,706
Median30,119,000
Standard Deviation72,469,902
Sample Variance5251.9T
Range297.2M
R-Value(0.40)
Mean Square Error4741.4T
R-Squared0.16
Significance0.14
Slope(6,516,102)
Total Sum of Squares73526.4T

United Operating Income History

2024-34.7 M
2023-36.5 M
202215.3 M
202196.6 M
2020-175.8 M
201916.9 M
201816.2 M

Other Fundumenentals of United Fire Group

United Fire Operating Income component correlations

0.87-0.850.670.670.420.380.410.61-0.83-0.84-0.10.35-0.06-0.40.550.130.10.18-0.550.280.22
0.87-0.720.930.330.680.670.120.4-0.88-0.870.140.60.11-0.050.710.060.2-0.13-0.720.130.27
-0.85-0.72-0.52-0.55-0.19-0.14-0.5-0.720.640.660.31-0.290.070.5-0.32-0.250.03-0.40.36-0.47-0.27
0.670.93-0.520.150.730.78-0.090.2-0.81-0.80.340.620.20.210.76-0.030.31-0.35-0.75-0.080.22
0.670.33-0.550.15-0.14-0.20.460.57-0.38-0.4-0.34-0.03-0.34-0.630.170.12-0.080.39-0.150.240.03
0.420.68-0.190.73-0.140.85-0.34-0.13-0.77-0.750.730.730.320.540.78-0.540.45-0.57-0.8-0.51-0.33
0.380.67-0.140.78-0.20.85-0.13-0.01-0.74-0.720.750.490.430.650.58-0.330.42-0.67-0.54-0.49-0.12
0.410.12-0.5-0.090.46-0.34-0.130.91-0.21-0.25-0.45-0.42-0.28-0.41-0.480.35-0.310.460.470.410.22
0.610.4-0.720.20.57-0.13-0.010.91-0.42-0.46-0.39-0.1-0.37-0.41-0.220.26-0.290.390.190.390.19
-0.83-0.880.64-0.81-0.38-0.77-0.74-0.21-0.421.0-0.4-0.49-0.14-0.14-0.690.26-0.310.230.70.220.12
-0.84-0.870.66-0.8-0.4-0.75-0.72-0.25-0.461.0-0.37-0.45-0.13-0.12-0.660.23-0.290.20.680.20.1
-0.10.140.310.34-0.340.730.75-0.45-0.39-0.4-0.370.420.480.880.43-0.780.45-0.83-0.4-0.92-0.65
0.350.6-0.290.62-0.030.730.49-0.42-0.1-0.49-0.450.420.20.230.62-0.450.18-0.39-0.64-0.23-0.28
-0.060.110.070.2-0.340.320.43-0.28-0.37-0.14-0.130.480.20.420.22-0.190.34-0.4-0.18-0.24-0.11
-0.4-0.050.50.21-0.630.540.65-0.41-0.41-0.14-0.120.880.230.420.16-0.60.35-0.81-0.13-0.82-0.49
0.550.71-0.320.760.170.780.58-0.48-0.22-0.69-0.660.430.620.220.16-0.270.46-0.31-0.98-0.24-0.06
0.130.06-0.25-0.030.12-0.54-0.330.350.260.260.23-0.78-0.45-0.19-0.6-0.27-0.10.630.270.830.91
0.10.20.030.31-0.080.450.42-0.31-0.29-0.31-0.290.450.180.340.350.46-0.1-0.06-0.42-0.38-0.2
0.18-0.13-0.4-0.350.39-0.57-0.670.460.390.230.2-0.83-0.39-0.4-0.81-0.310.63-0.060.270.730.38
-0.55-0.720.36-0.75-0.15-0.8-0.540.470.190.70.68-0.4-0.64-0.18-0.13-0.980.27-0.420.270.220.07
0.280.13-0.47-0.080.24-0.51-0.490.410.390.220.2-0.92-0.23-0.24-0.82-0.240.83-0.380.730.220.79
0.220.27-0.270.220.03-0.33-0.120.220.190.120.1-0.65-0.28-0.11-0.49-0.060.91-0.20.380.070.79
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About United Fire Financial Statements

United Fire shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although United Fire investors may analyze each financial statement separately, they are all interrelated. The changes in United Fire's assets and liabilities, for example, are also reflected in the revenues and expenses on on United Fire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income-36.5 M-34.7 M
Non Operating Income Net Other-35.9 M-34.1 M

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Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.