NI Holdings (NODK) Asset Utilization Ratio (2018 - 2026)
NI Holdings (NODK) posted quarterly Asset Utilization Ratio of 0.54 for Q1 2026, down 10.18% year-over-year from 0.6 in Q1 2025, and up 0.72% quarter-over-quarter from 0.53 in Q4 2025.
NI Holdings (NODK) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 0.22 |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 0.74 |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 0.30 |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 0.56 |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 0.33 |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 0.22 |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 0.22 |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 0.37 |
| 10 | NI Holdings | 322.78 Mn | -53.70 Mn | 21.82 Mn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.52 |
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.53 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.53 |
| Mar 31, 2025 | 0.60 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.57 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.44 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.44 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.22 |