NI Holdings (NODK) EBITDA Margin (2016 - 2026)

NI Holdings (NODK) posted quarterly EBITDA Margin of 12.83% for Q1 2026, up 3025.0% year-over-year from 0.41% in Q1 2025, and up 83.43% quarter-over-quarter from 77.42% in Q4 2025.

NI Holdings (NODK) EBITDA Margin (2016 - 2026) Analysis & Trends

NI Holdings (NODK) has reported EBITDA Margin for 11 consecutive years, with 12.83% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA Margin rose 3025.0% year-over-year to 12.83%; the TTM figure through Mar 2026 stood at 73.21% (down 784.0% YoY), while the FY2025 annual figure was 84.06%, down 2338.0% from the prior year.
  • EBITDA Margin rose to 12.83% in Q1 2026 per NODK's latest filing, from 77.42% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 5.19% in Q4 2023 and bottomed at 221.2% in Q2 2022.
  • Historically, EBITDA Margin has averaged 73.12% across 5 years, with a median of 75.82% in 2025.
  • Annual changes were most pronounced in 2022 — EBITDA Margin surged 2981677 bps — and 2025, when it plunged 5168 bps.
  • NI Holdings' EBITDA Margin stood at 40.58% in 2022, then soared by 87 bps to 5.19% in 2023, then slumped by 396 bps to 25.74% in 2024, then slumped by 201 bps to 77.42% in 2025, then surged by 83 bps to 12.83% in 2026.
  • Business Quant data shows NODK's EBITDA Margin at 12.83% in Q1 2026, 77.42% in Q4 2025, and 75.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Chubb 135.01 Bn 121.25 Bn 9.13 Bn 11.13%
2 Progressive 124.60 Bn 119.60 Bn 9.04 Bn -43.89%
3 Travelers Companies 79.46 Bn 55.71 Bn 4.83 Bn 9.95%
4 Allstate 67.73 Bn 29.00 Bn 16.28 Bn 5.43%
5 Fairfax Financial Holdings 35.48 Bn 35.48 Bn - -
6 Cincinnati Financial 26.79 Bn 24.90 Bn 2.39 Bn 7.46%
7 Loews 23.32 Bn 1.02 Bn 2.57 Bn 16.08%
8 Markel 23.23 Bn 6.35 Bn 2.83 Bn 38.83%
9 Assurant 14.12 Bn 12.09 Bn 2.71 Bn 4.12%
10 NI Holdings 323.09 Mn -53.38 Mn 21.82 Mn -68.61%

Historic Data

Download Data
DateValue
Jun 30, 2026 -68.61%
Mar 31, 2026 -12.83%
Dec 31, 2025 -77.42%
Sep 30, 2025 -75.82%
Jun 30, 2025 -116.41%
Mar 31, 2025 -43.08%
Dec 31, 2024 -25.74%
Sep 30, 2024 -89.19%
Jun 30, 2024 -95.18%
Mar 31, 2024 -51.41%
Dec 31, 2023 -5.19%
Sep 30, 2023 -66.82%
Jun 30, 2023 -83.18%
Mar 31, 2023 -78.89%
Dec 31, 2022 -40.58%
Sep 30, 2022 -103.35%
Jun 30, 2022 -221.20%
Mar 31, 2022 -56.73%
Dec 31, 2021 -109.57%
Sep 30, 2021 -85.36%