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| Date | Value |
|---|---|
| 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 |