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United Fire Group Inc  (UFCS)
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United Fire Group Inc's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is United Fire Group Inc's ROA in the third quarter of 2023?
United Fire Group Inc achieved a return on average assets (ROA) of 3.45 % in its third quarter of 2023, this is above UFCS's average return on assets of 0.98%.
United Fire Group Inc assets over the 12 months ending in its third quarter of 2023 are valued at $1,055 million

ROA has improved compared to 0.72% in the second quarter of 2023, due to net income growth.

However, within the Financial sector 466 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to 2091, from total ROA ranking in the second quarter of 2023 at 2634.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change 36.54 % 4.09 % -9.73 % -9.56 % -13.05 %
Y / Y Net Income Change - - -97.55 % 48.41 % -
Net Income (TTM) in million 36 7 53 81 53
Return On Assets (TTM) 3.45 % 0.72 % 5.5 % 8.16 % 5.2 %
UFCS's Total Ranking # 2091 # 2634 # 2006 # 2076 # 2198
Total Assets (TTM) in million 1,229 1,122 936 934 900
Seq. Total Assets Change 9.53 % 19.81 % 0.28 % 3.76 % -16.51 %
Seq. Net Income Change - - -99.19 % - -



Return On Assets Company Ranking
Within: No.
Industry # 39
Sector # 467
Overall # 2087

Return On Assets Statistics
High Average Low
3.23 %
0.98 %
-4.22 %
(Sep 30 2018)   (Sep 30 2020)





Financial Statements
United Fire Group Inc's Assets $ 1,229 million UFCS's Balance sheet
United Fire Group Inc's Income $ 6 million Quarterly UFCS's Income Statement
UFCS's Income by Division See UFCS's Income by Division



Annual Return On Assets (Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
(Dec 31 2017)
FY 2017
Y / Y Total Assets Change -9.56 % -63.33 % 3.73 % 5.68 % -38.61 %
Total Assets in million 934 1,032 2,815 2,714 2,568
Y / Y Net Income Change - - -46.4 % -45.81 % 2.24 %
Net Income in million 81 -113 15 28 51
Return On Assets 8.63 % -10.92 % 0.53 % 1.02 % 1.99 %




Comment on UFCS's ROA in the fiscal year ending 2021
In the fiscal year 2021 ROA improved to 8.63 % compared to prior year, due to annual net income growth of % to $80.59 million, and due to decline of value in United Fire Group Inc's assets by -9.56 % to $933.71 million, compared to $933.71 a year before.


More Return On Assets Ratios
UFCS's' Return on Assets at Yahoo Finance
Property & Casualty Insurance Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
UFCS's Roa Ratio versus Property & Casualty Insurance Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for UFCS's Competitors
Roa for United Fire Group Inc's Suppliers
Return On Assets for UFCS's Customers

You may also want to know
UFCS's Roi UFCS's Inventory Turnover Ratio UFCS's Growth Rates UFCS's Dividend Comparisons
UFCS's Profitability Ratios UFCS's Asset Turnover Ratio UFCS's Dividend Growth
UFCS's Roe UFCS's Valuation Ratios UFCS's Financial Strength Ratios UFCS's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Financial Sector ROA
Greenlight Capital Re Ltd   9.46 %
World Gold Trust  9.42 %
Houlihan Lokey Inc   9.03 %
Extra Space Storage Inc   8.89 %
Kinsale Capital Group Inc   8.73 %
Innsuites Hospitality Trust  8.67 %
Marsh and Mclennan Companies Inc   8.64 %
Victory Capital Holdings Inc   8.24 %
America First Multifamily Investors L p   8.23 %
Unitedhealth Group Incorporated  8.20 %
Aon Plc  8.19 %
Insight Acquisition Corp   8.12 %
Mr Cooper Group Inc   8.00 %
Piper Sandler Companies  7.86 %
United States Commodity Index Funds Trust  7.78 %
Berkshire Hathaway Inc  7.76 %
Assetmark Financial Holdings Inc   7.72 %
Simon Property Group inc   7.66 %
Lpl Financial Holdings Inc   7.64 %
Roth Ch Acquisition Co   7.57 %
Blackstone Inc  7.38 %
Oaktree Capital Group Llc  7.29 %
Abrdn Platinum Etf Trust  7.26 %
Creditriskmonitor com Inc   7.14 %
Invesco Db Us Dollar Index Bearish Fund  7.10 %
Alexanders Inc  7.07 %
Investors Title Co  7.05 %
Molina Healthcare Inc   6.87 %
Gaming And Leisure Properties inc   6.66 %
Radian Group Inc  6.64 %


Date modified: 2023-11-03T17:21:07+00:00


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