The historical rank and industry rank for United Fire Group's Pretax Margin % or its related term are showing as below:
UFCS'
s Pretax Margin % Range Over the Past 10 Years
Min: -15.72 Med: 1.45 Max: 12.86
Current: -2.08
UFCS's Pretax Margin % is ranked worse than 90.55% of 487
companies
in the Insurance industry
Industry Median: 10.14
vs UFCS: -2.08
United Fire Group Pretax Margin % Historical Data
The historical data trend for United Fire Group's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of United Fire Group's Pretax Margin %
For the Insurance - Property & Casualty subindustry, United Fire Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
United Fire Group's Pretax Margin % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, United Fire Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where United Fire Group's Pretax Margin % falls into.
United Fire Group Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
United Fire Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
United Fire Group (NAS:UFCS) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
United Fire Group Pretax Margin % Related Terms
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United Fire Group (United Fire Group) Business Description
United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company's only operating segment is property and casualty insurance, which includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The primary source of revenue is premiums and investment income.
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