United Fire Group, Inc. (UFCS) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Insurance - Property & Casualty
EV/EBITDA
↑
7.47
↓-41% vs avg
5yr avg: 12.74
30Y Low1.2·High72.6
P/FCF
↓
4.55
↓-60% vs avg
5yr avg: 11.39
30Y Low2.2·High36.5
P/B Ratio
↑
1.31
↑+54% vs avg
5yr avg: 0.85
30Y Low0.7·High2.7
ROE
↑
13.7%
↓+135% vs avg
5yr avg: 5.8%
30Y Low-13%·High19%
Debt/EBITDA
↑
0.92
↓-30% vs avg
5yr avg: 1.32
30Y Low0.5·High2.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
UFCS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
United Fire Group, Inc. trades at 10.4x earnings, 43% below its 5-year average of 18.4x, sitting at the 24th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a discount of 21%. On a free-cash-flow basis, the stock trades at 4.6x P/FCF, 60% below the 5-year average of 11.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $959M | $737M | $508M | $693M | $582M | $628M | $1.1B | $1.4B | $1.2B | $1.3B |
| Enterprise Value | $1.2B | $949M | $653M | $456M | $646M | $500M | $590M | $998M | $1.4B | $1.1B | $1.2B |
| P/E Ratio → | 10.45 | 8.11 | 11.90 | — | 46.37 | 7.34 | — | 75.40 | 51.34 | 22.90 | 25.48 |
| P/S Ratio | 0.86 | 0.69 | 0.59 | 0.46 | 0.70 | 0.55 | 0.58 | 0.93 | 1.32 | 1.11 | 1.29 |
| P/B Ratio | 1.31 | 1.02 | 0.94 | 0.69 | 0.94 | 0.66 | 0.76 | 1.23 | 1.60 | 1.20 | 1.35 |
| P/FCF | 4.55 | 3.64 | 2.25 | 3.16 | — | 36.50 | 27.83 | 18.24 | 18.44 | 7.64 | 6.14 |
| P/OCF | 4.44 | 3.56 | 2.17 | 2.96 | — | 19.45 | 15.16 | 11.93 | 12.90 | 6.87 | 5.92 |
P/E links to full P/E history page with 30-year chart
UFCS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
United Fire Group, Inc.'s enterprise value stands at 7.5x EBITDA, 41% below its 5-year average of 12.7x. The Financial Services sector median is 11.5x, placing the stock at a 35% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.68 | 0.52 | 0.42 | 0.65 | 0.47 | 0.55 | 0.83 | 1.26 | 1.02 | 1.17 |
| EV / EBITDA | 7.47 | 5.96 | 7.43 | — | 32.72 | 4.83 | — | 35.55 | — | 53.06 | 18.23 |
| EV / EBIT | 8.03 | 5.96 | 7.75 | — | 42.32 | 5.00 | — | 59.13 | — | 68.57 | 20.14 |
| EV / FCF | — | 3.60 | 1.99 | 2.83 | — | 31.35 | 26.15 | 16.27 | 17.60 | 7.02 | 5.60 |
UFCS Profitability
Margins and return-on-capital ratios measuring operating efficiency
United Fire Group, Inc. earns an operating margin of 10.7%, below the Financial Services sector average of 21.6%. Operating margins have expanded from -3.6% to 10.7% over the past 3 years, signaling improving operational efficiency. ROE of 13.7% is modest. ROIC of 13.6% represents solid returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.9% | 44.9% | 18.0% | 7.6% | 13.9% | 19.0% | -0.1% | 12.8% | 13.2% | 11.6% | 11.2% |
| Operating Margin | 10.7% | 10.7% | 6.2% | -3.6% | 1.2% | 9.2% | -15.7% | 1.4% | -0.8% | 1.5% | 5.8% |
| Net Profit Margin | 8.5% | 8.5% | 4.9% | -2.7% | 1.5% | 7.6% | -10.5% | 1.2% | 2.6% | 4.8% | 5.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.7% | 13.7% | 8.2% | -4.0% | 1.9% | 9.5% | -13.0% | 1.6% | 3.0% | 5.3% | 5.5% |
| ROA | 3.2% | 3.2% | 1.9% | -1.0% | 0.5% | 2.7% | -3.7% | 0.5% | 0.8% | 1.2% | 1.3% |
| ROIC | 13.6% | 13.6% | 8.4% | -4.3% | 1.2% | 9.2% | -16.1% | 1.6% | -0.8% | 1.4% | 5.4% |
| ROCE | 13.7% | 13.7% | 2.3% | -1.8% | 1.0% | 10.1% | -5.6% | 0.8% | -0.4% | 0.5% | 1.7% |
UFCS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
United Fire Group, Inc. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (78% below the sector average of 4.1x). The company holds a net cash position — cash of $156M exceeds total debt of $146M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 14.1x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.16 | 0.15 | 0.07 | 0.07 | 0.06 | 0.06 | — | — | — | — |
| Debt / EBITDA | 0.92 | 0.92 | 1.33 | — | 2.53 | 0.48 | — | — | — | — | — |
| Net Debt / Equity | — | -0.01 | -0.11 | -0.07 | -0.06 | -0.09 | -0.05 | -0.13 | -0.07 | -0.10 | -0.12 |
| Net Debt / EBITDA | -0.06 | -0.06 | -0.95 | — | -2.36 | -0.79 | — | -4.30 | — | -4.73 | -1.74 |
| Debt / FCF | — | -0.04 | -0.26 | -0.32 | — | -5.15 | -1.68 | -1.97 | -0.84 | -0.62 | -0.54 |
| Interest Coverage | 14.13 | 14.13 | 11.58 | -11.18 | 4.79 | 31.39 | — | — | — | — | — |
Net cash position: cash ($156M) exceeds total debt ($146M)
UFCS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.80x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 3.97x to 0.80x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.80 | 0.80 | — | 3.97 | 0.32 | 0.30 | — | 3.43 | 0.30 | 0.32 | 0.35 |
| Quick Ratio | 0.80 | 0.80 | — | 3.97 | 0.32 | 0.30 | — | 3.43 | 0.30 | 0.32 | 0.35 |
| Cash Ratio | 0.49 | 0.49 | — | 0.72 | 0.07 | 0.06 | — | 0.87 | 0.05 | 0.07 | 0.09 |
| Asset Turnover | — | 0.36 | 0.36 | 0.35 | 0.34 | 0.35 | 0.35 | 0.40 | 0.38 | 0.25 | 0.24 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
UFCS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
United Fire Group, Inc. returns 1.4% to shareholders annually — split between a 1.3% dividend yield and 0.1% buyback yield. The payout ratio of 13.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 9.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.3% | 1.7% | 2.2% | 3.2% | 2.3% | 2.6% | 4.5% | 2.9% | 7.4% | 2.3% | 1.9% |
| Payout Ratio | 13.8% | 13.8% | 26.2% | — | 105.5% | 18.7% | — | 220.4% | 381.2% | 53.6% | 49.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.6% | 12.3% | 8.4% | — | 2.2% | 13.6% | — | 1.3% | 1.9% | 4.4% | 3.9% |
| FCF Yield | 22.0% | 27.5% | 44.5% | 31.7% | — | 2.7% | 3.6% | 5.5% | 5.4% | 13.1% | 16.3% |
| Buyback Yield | 0.1% | 0.1% | 0.0% | 0.1% | 0.0% | 0.3% | 0.4% | 1.0% | 0.4% | 2.5% | 0.3% |
| Total Shareholder Yield | 1.4% | 1.8% | 2.2% | 3.2% | 2.3% | 2.9% | 5.0% | 4.0% | 7.8% | 4.9% | 2.2% |
| Shares Outstanding | — | $26M | $26M | $25M | $25M | $25M | $25M | $26M | $26M | $26M | $26M |
Peer Comparison
Compare UFCS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 UFCSYou | $1B | 10.4 | 7.5 | 4.6 | 44.9% | 10.7% | 13.7% | 13.6% | 0.9 |
 KMPR | $2B | 12.8 | 11.1 | 3.1 | 29.7% | 3.3% | 5.3% | 3.1% | 4.3 |
 ERIE | $10B | 20.4 | 12.1 | 17.5 | 15.8% | 17.7% | 26.2% | 29.5% | — |
 NODK | $267M | — | — | 133.0 | — | — | — | — | — |
 PLMR | $3B | 15.8 | 11.1 | 7.4 | 73.9% | 28.9% | 23.6% | 25.5% | 0.0 |
 HIG | $36B | 10.0 | 7.9 | 6.3 | 46.1% | 16.8% | 21.7% | 16.3% | 0.8 |
 TRV | $65B | 10.9 | 8.6 | — | 44.3% | 16.0% | 20.7% | 15.3% | 1.1 |
 CNA | $12B | 9.3 | 8.5 | 4.9 | 30.7% | 11.0% | 11.5% | 8.9% | 1.8 |
 WRB | $25B | 14.9 | 11.0 | 7.2 | 19.8% | 15.9% | 19.6% | 18.2% | 1.2 |
 CINF | $25B | 10.7 | 7.8 | 8.2 | 50.1% | 23.6% | 16.0% | 15.3% | 0.3 |
 SIGI | $5B | 11.3 | 9.6 | 4.1 | 40.9% | 11.0% | 13.9% | 10.9% | 1.4 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonUFCS — Frequently Asked Questions
Quick answers to the most common questions about buying UFCS stock.
What is United Fire Group, Inc.'s P/E ratio?
United Fire Group, Inc.'s current P/E ratio is 10.4x. The historical average is 25.4x. This places it at the 24th percentile of its historical range.
What is United Fire Group, Inc.'s EV/EBITDA?
United Fire Group, Inc.'s current EV/EBITDA is 7.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.3x.
What is United Fire Group, Inc.'s ROE?
United Fire Group, Inc.'s return on equity (ROE) is 13.7%. The historical average is 7.0%.
Is UFCS stock overvalued?
Based on historical data, United Fire Group, Inc. is trading at a P/E of 10.4x. This is at the 24th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is United Fire Group, Inc.'s dividend yield?
United Fire Group, Inc.'s current dividend yield is 1.32% with a payout ratio of 13.8%.
What are United Fire Group, Inc.'s profit margins?
United Fire Group, Inc. has 44.9% gross margin and 10.7% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does United Fire Group, Inc. have?
United Fire Group, Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.