NASDAQ$UFCS

United Fire Group Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

United Fire Group reported Q4 2025, revenue of $365.8M, net income of $6.9M.

For Q4 2025, United Fire Group reported revenue of $365.8M, net income of $6.9M. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $365.8M.
  • Net income $6.9M.
  • United Fire Group MD&A covers liquidity, operations, and outlook.

Headline financials

Total Revenue

$366M

Previous: $333M+9.8%
EPS (adj)

$1.50

Previous: $1.25+20.0%
Combined Ratio

92.3%

Previous: 94.4%-2.2%
Underlying Combined Ratio

91.1%

Previous: 92.8%-1.8%
Underlying Loss Ratio

55.4%

Previous: 55.7%-0.5%
Catastrophe Loss Ratio

1.2%

Previous: 1.6%-25.0%
Underwriting Expense Ratio

35.7%

Previous: 37.1%-3.8%
Net Loss Ratio

56.6%

Previous: 57.3%-1.2%
Net Investment Income

$26.4M

Previous: $23.2M+14.1%
Book Value Per Share

$36.88

Previous: $30.80+19.7%
Adjusted Book Value Per Share

$37.87

Previous: $33.64+12.6%
Net Written Premium

$310M

No prior period
Net Earned Premium

$341M

No prior period
Prior Year Reserve Development

0.0%

No prior period
Net Income

$6.9M

Previous: $31.4M-78.1%
Operating Income

$48.2M

Previous: $32.5M+48.4%

Revenue & EPS history

United Fire Group · Revenue · Quarterly

$366M

Q4 2025+9.8%vs Q4 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

United Fire Group · $222M total across 2 segments · Q3 2023

  • Commercial Lines
    $220M+1.7%
  • Personal Lines
    $1.62M+201.3%

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.0%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+2.4%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+27.4%

Q3 2024

Best reaction

-14.6%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.0%+21.7%+13.4%
Q4 2025+7.2%+8.9%+2.0%
Q3 2025+14.7%+17.3%+13.0%
Q1 2025-4.6%-2.4%-0.7%
Q4 2024+2.2%+5.7%+16.2%
Q3 2024+27.4%+25.3%+62.4%
Q2 2024-9.4%-8.1%-1.6%
Q1 2024+1.4%+1.8%-8.8%
Q4 2023+12.0%+9.1%-2.6%
Q3 2023-2.5%-1.2%+5.4%
Q2 2023-3.2%-4.4%-8.5%
Q1 2023-10.1%-10.6%-14.0%
Q4 2022-6.4%+1.0%-7.9%
Q3 2022-4.3%+3.4%+6.9%
Q2 2022-13.8%-9.4%-9.6%
Q1 2022-2.3%-4.7%+4.4%
Q4 2021+26.2%+26.8%+23.7%
Q3 2021-3.9%-2.3%-4.1%
Q2 2021+3.9%+9.5%+3.4%
Q1 2021+7.0%+5.4%+1.3%
Q4 2020-2.6%-4.3%+12.9%
Q3 2020-7.7%+0.7%+12.7%
Q2 2020+4.4%+12.1%-4.7%
Q1 2020-0.9%-1.7%+15.7%
Q4 2019-0.0%-3.4%-31.1%
Q3 2019-4.7%-5.7%-7.6%
Q2 2019-10.2%-11.5%-12.3%
Q1 2019+6.6%+6.2%+9.0%
Q4 2018-8.9%-13.3%-21.3%
Q3 2018-8.3%-9.9%-2.3%
Q2 2018-11.9%-11.5%-9.8%
Q1 2018+3.5%+1.4%+13.7%
Q4 2017+8.0%+10.9%+18.9%
Q3 2017+1.4%+0.1%+0.1%
Q2 2017-1.4%-1.8%-5.6%
Q1 2017-0.9%-1.8%+0.9%
Q4 2016-14.6%-14.3%-10.0%
Q3 2016-3.3%-1.7%+15.2%
Q2 2016-0.3%+1.3%+3.6%
Q1 2016-11.7%
Q4 2015+8.2%
Q3 2015+8.3%
Q2 2015+3.0%
Q1 2015+0.7%
Q4 2014-1.6%
Q3 2014-3.9%
Q2 2014-0.8%
Q1 2014-2.0%
Q4 2013+9.4%
Q3 2013-9.6%
Q2 2013+4.9%
Q1 2013+2.1%
Q4 2012+0.8%
Q3 2012-5.3%
Q2 2012+14.3%
Q1 2011+0.8%
Q1 2012+1.8%
Q4 2009-0.7%
Q4 2011-0.7%
Q4 2010-0.7%
Q3 2010+1.8%
Q3 2011+1.8%
Q2 2011-8.7%
Q2 2010-8.7%
Q1 2010-1.6%

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