NI Holdings (NODK) EBITDA Margin (2016 - 2026)
NI Holdings (NODK) posted EBITDA Margin of -51.01% for Q2 2026, up 34.96 percentage points from -85.97% a year earlier but down 58.41 percentage points from the prior quarter.
NI Holdings (NODK) EBITDA Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at NI Holdings was -39.04%, up 3.34 percentage points year-over-year; for FY2025, it was -53.44%, down 14.95 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of -32.72 percentage points (FY2020 to FY2025).
- In prior years, NI Holdings' EBITDA Margin was -38.49% in FY2024 (-6.38 pp), -32.11% in FY2023 (+54.85 pp), -86.96% in FY2022 (-43.95 pp) and -43.01% in FY2021 (-22.29 pp).
- Quarterly EBITDA Margin has run from a low of -168.67% in Q2 2022 to a high of 10.02% in Q4 2023 over five years.
- On a year-over-year basis, EBITDA Margin increased in two of the last eight quarters, with an average year-over-year change of -3.41 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q2 2023, with a gain of 111.37 percentage points; the weakest was Q2 2022, with a drop of 113.20 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 7.40% (Q1 2026), -47.24% (Q4 2025) and -57.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | -26.13% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | - |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | -43.55% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 28.71% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | -9.87% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 23.48% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | -30.30% |
| 10 | NI Holdings | 304.64 Mn | 118.94 Mn | 21.82 Mn | -51.01% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -51.01% |
| Mar 31, 2026 | 7.40% |
| Dec 31, 2025 | -47.24% |
| Sep 30, 2025 | -57.67% |
| Jun 30, 2025 | -85.97% |
| Mar 31, 2025 | -19.70% |
| Dec 31, 2024 | -1.81% |
| Sep 30, 2024 | -57.04% |
| Jun 30, 2024 | -67.02% |
| Mar 31, 2024 | -18.99% |
| Dec 31, 2023 | 10.02% |
| Sep 30, 2023 | -45.25% |
| Jun 30, 2023 | -57.30% |
| Mar 31, 2023 | -55.73% |
| Dec 31, 2022 | -6.82% |
| Sep 30, 2022 | -82.57% |
| Jun 30, 2022 | -168.67% |
| Mar 31, 2022 | -26.28% |
| Dec 31, 2021 | -28.15% |
| Sep 30, 2021 | -69.93% |
NI Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NODK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "NODK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NODK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();