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

NI Holdings (NODK) posted quarterly EBT Margin of 28.51% for Q1 2026, up 1766.0% YoY from 1.53% in Q1 2025, and up 700.33% sequentially from 4.75% in Q4 2025.

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

NI Holdings has disclosed EBT Margin across 11 years of filings, most recently posting 28.51% for Q1 2026.

  • In Q1 2026, EBT Margin rose 1766.0% year-over-year to 28.51%; the TTM figure through Mar 2026 stood at 1.67% (down 454.0% YoY), while the FY2025 annual figure was 4.33%, down 744.0% from the prior year.
  • EBT Margin advanced to 28.51% in Q1 2026, from 4.75% in the prior quarter.
  • Over the last five years, EBT Margin for NODK reached as high as 59.77% in Q4 2022 and fell as low as 77.91% in Q2 2022.
  • The 5-year median for EBT Margin is 2.58% (2025), against an average of 1.18%.
  • Annual changes were most pronounced in 2022 — EBT Margin sank 399353 bps — and 2023, when it jumped 7389 bps.
  • A 5-year view of EBT Margin shows it stood at 59.77% in 2022, then tumbled by 49 bps to 30.68% in 2023, then sank by 39 bps to 18.72% in 2024, then tumbled by 125 bps to 4.75% in 2025, then jumped by 700 bps to 28.51% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 28.51%, 4.75%, and 2.58% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -7.60%
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 16.07%
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 20.26%
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 12.52%
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 17.77%
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 18.35%
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 53.96%
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 9.14%
10 NI Holdings 334.84 Mn -40.07 Mn 31.76 Mn 28.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.51%
Dec 31, 2025 -4.75%
Sep 30, 2025 -2.58%
Jun 30, 2025 -20.99%
Mar 31, 2025 10.85%
Dec 31, 2024 18.72%
Sep 30, 2024 -4.15%
Jun 30, 2024 -10.33%
Mar 31, 2024 12.64%
Dec 31, 2023 30.68%
Sep 30, 2023 1.31%
Jun 30, 2023 -4.02%
Mar 31, 2023 -6.76%
Dec 31, 2022 59.77%
Sep 30, 2022 -14.85%
Jun 30, 2022 -77.91%
Mar 31, 2022 3.94%
Dec 31, 2021 2.61%
Sep 30, 2021 -7.66%
Jun 30, 2021 -3.96%