NI Holdings (NODK) Asset Utilization Ratio (2018 - 2026)

NI Holdings (NODK) reported Asset Utilization Ratio of 0.52 for Q1 2026, down 13.07% year-over-year from 0.6 in Q1 2025, and down 1.01% quarter-over-quarter from 0.53 in Q4 2025.

NI Holdings (NODK) Asset Utilization Ratio (2018 - 2026) Analysis & Trends

NI Holdings (NODK) has 9 years of Asset Utilization Ratio data on file, last reported at 0.52 in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.52, down 13.07% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.52 (down 13.07% YoY), and the FY2025 annual result was 0.55, changed 0.29% from the prior year.
  • Asset Utilization Ratio declined to 0.52 in Q1 2026 per NODK's latest filing, from 0.53 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.87 in Q1 2022 and troughed at 0.4 in Q3 2023.
  • A 5-year average of 0.56 and a median of 0.52 in 2026 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 233.51% in 2022, then slumped 52.4% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.41 in 2022, then gained by 13.07% to 0.47 in 2023, then rose by 23.68% to 0.58 in 2024, then slipped by 8.85% to 0.53 in 2025, then retreated by 1.01% to 0.52 in 2026.
  • Business Quant data shows NODK's Asset Utilization Ratio at 0.52 in Q1 2026, 0.53 in Q4 2025, and 0.5 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 0.23
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 0.70
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 0.36
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 0.56
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 0.35
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 0.28
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn 0.17
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 0.17
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 0.28
10 NI Holdings 310.42 Mn -64.49 Mn 31.76 Mn 0.52

Historic Data

Download Data
DateValue
Mar 31, 2026 0.52
Dec 31, 2025 0.53
Sep 30, 2025 0.50
Jun 30, 2025 0.53
Mar 31, 2025 0.60
Dec 31, 2024 0.58
Sep 30, 2024 0.54
Jun 30, 2024 0.49
Mar 31, 2024 0.44
Dec 31, 2023 0.47
Sep 30, 2023 0.40
Jun 30, 2023 0.43
Mar 31, 2023 0.44
Dec 31, 2022 0.41
Sep 30, 2022 0.84
Jun 30, 2022 0.84
Mar 31, 2022 0.87
Dec 31, 2021 0.73
Sep 30, 2021 0.36
Jun 30, 2021 0.25