Infinity Property & Casualty Corp (IPCC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2201 4TH AVENUE NORTH BIRMINGHAM, AL 35203 |
| State of Incorp. | OH |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6331 - Fire, Marine, and Casualty Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 110 | 96 | 67 | 85 | 137 | 165 | |||
| Cash and cash equivalents | 108 | 93 | 62 | 85 | 134 | 165 | |||
| Short-term investments | 3 | 3 | 5 | 1 | 3 | ||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | (0) | 4 | 7 | ||
| Total current assets: | 110 | 96 | 67 | 85 | 141 | 172 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 82 | 96 | 90 | 56 | 48 | 39 | |||
| Intangible assets, net (including goodwill) | 75 | 75 | 75 | 75 | 75 | 75 | |||
| Goodwill | 75 | 75 | 75 | 75 | 75 | 75 | |||
| Total noncurrent assets: | 158 | 171 | 165 | 131 | 123 | 115 | |||
| Other undisclosed assets | 2,206 | 2,135 | 2,155 | 2,169 | 2,053 | 2,017 | |||
| TOTAL ASSETS: | 2,473 | 2,403 | 2,387 | 2,385 | 2,317 | 2,304 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,753 | 1,703 | 1,699 | 1,687 | 1,661 | 1,647 | |||
| Total liabilities: | 1,753 | 1,703 | 1,699 | 1,687 | 1,661 | 1,647 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 720 | 699 | 688 | 698 | 657 | 656 | |||
| Common stock | 22 | 22 | 22 | 22 | 22 | 22 | |||
| Treasury stock, value | (502) | (487) | (476) | (446) | (435) | (423) | |||
| Additional paid in capital | 384 | 379 | 376 | 372 | 369 | 362 | |||
| Accumulated other comprehensive income | 20 | 8 | 8 | 23 | 17 | 30 | |||
| Retained earnings | 798 | 778 | 758 | 726 | 685 | 666 | |||
| Other undisclosed equity, attributable to parent | (0) | 0 | (0) | (0) | |||||
| Total equity: | 720 | 699 | 688 | 698 | 657 | 656 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,473 | 2,403 | 2,387 | 2,385 | 2,317 | 2,304 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,518 | 1,539 | 1,484 | 1,462 | 1,345 | 1,250 | ||
| Financial services revenue | 1,371 | 1,392 | 1,347 | 1,326 | 1,303 | 1,184 | ||
| Cost of revenue (Deferred Policy Acquisition Costs, Amortization Expense) | (201) | (207) | (204) | 205 | 207 | 80 | ||
| Gross profit: | 1,317 | 1,332 | 1,280 | 1,666 | 1,552 | 1,330 | ||
| Operating expenses | (12) | (10) | (11) | (28) | (31) | (34) | ||
| Operating income: | 1,305 | 1,322 | 1,269 | 1,638 | 1,521 | 1,296 | ||
| Nonoperating income (Investment Income, Nonoperating) | 40 | 43 | 66 | |||||
| Interest and debt expense | (14) | (14) | (14) | (14) | (14) | (27) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,210) | (1,246) | (1,181) | (1,581) | (1,505) | (1,313) | ||
| Income from continuing operations before income taxes: | 81 | 62 | 75 | 83 | 45 | 22 | ||
| Income tax expense (benefit) | (35) | (19) | (23) | (26) | (12) | 2 | ||
| Income from continuing operations: | 45 | 43 | 51 | 57 | 33 | 24 | ||
| Income before gain (loss) on sale of properties: | 45 | 43 | 51 | 57 | 33 | 24 | ||
| Net income: | 45 | 43 | 51 | 57 | 33 | 24 | ||
| Other undisclosed net loss attributable to parent | (0) | |||||||
| Net income available to common stockholders, diluted: | 45 | 43 | 51 | 57 | 33 | 24 | ||
Comprehensive Income ($ in millions)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 45 | 43 | 51 | 57 | 33 | 24 | ||
| Other comprehensive income (loss) | 12 | 0 | (16) | 7 | ||||
| Comprehensive income: | 57 | 43 | 36 | 64 | 33 | 24 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (13) | (5) | |||||
| Comprehensive income, net of tax, attributable to parent: | 57 | 43 | 36 | 64 | 19 | 19 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.