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

NI Holdings (NODK) has reported Asset Utilization Ratio for 9 consecutive years, with 0.54 the latest figure, recorded in Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 10.18% year-over-year to 0.54; the TTM figure through Mar 2026 stood at 0.54 (down 10.18% YoY), while the FY2025 annual figure was 0.52, down 4.77% from the prior year.
• Asset Utilization Ratio rose to 0.54 in Q1 2026 per NODK's latest filing, from 0.53 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.6 in Q1 2025 and bottomed at 0.33 in Q1 2022.
• Historically, Asset Utilization Ratio has averaged 0.48 across 5 years, with a median of 0.49 in 2023.
• On a YoY basis, Asset Utilization Ratio climbed as much as 100.86% in 2022 and fell as far as 16.35% in 2022.
• NI Holdings' Asset Utilization Ratio stood at 0.41 in 2022, then rose by 21.12% to 0.49 in 2023, then advanced by 16.26% to 0.57 in 2024, then declined by 7.44% to 0.53 in 2025, then advanced by 0.72% to 0.54 in 2026.
• Business Quant data shows NODK's Asset Utilization Ratio at 0.54 in Q1 2026, 0.53 in Q4 2025, and 0.51 in Q3 2025.