NI Holdings (NODK) Equity Ratio (2017 - 2026)
NI Holdings (NODK) posted quarterly Equity Ratio of 0.51 for Q1 2026, up 5.16% YoY from 0.48 in Q1 2025, and up 7.04% sequentially from 0.47 in Q4 2025.
NI Holdings (NODK) Equity Ratio (2017 - 2026) Analysis & Trends
NI Holdings has disclosed Equity Ratio across 10 years of filings, most recently posting 0.51 for Q1 2026.
- In Q1 2026, Equity Ratio rose 5.16% year-over-year to 0.51; the TTM figure through Mar 2026 stood at 0.51 (up 5.16% YoY), while the FY2025 annual figure was 0.47, up 2.23% from the prior year.
- Equity Ratio rose to 0.51 in Q1 2026, from 0.47 in the prior quarter.
- Over the last five years, Equity Ratio for NODK reached as high as 0.53 in Q1 2022 and fell as low as 0.35 in Q2 2023.
- The 5-year median for Equity Ratio is 0.41 (2022), against an average of 0.42.
- Annual changes were most pronounced in 2023 — Equity Ratio slipped 24.31% — and 2025, when it rose 27.47%.
- A 5-year view of Equity Ratio shows it stood at 0.41 in 2022, then fell by 7.25% to 0.38 in 2023, then advanced by 21.51% to 0.46 in 2024, then increased by 2.23% to 0.47 in 2025, then grew by 7.04% to 0.51 in 2026.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.51, 0.47, and 0.45 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 0.26 |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 0.26 |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 0.27 |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 0.38 |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 0.22 |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 0.25 |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | 0.24 |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 0.22 |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 0.23 |
| 10 | NI Holdings | 334.84 Mn | -40.07 Mn | 31.76 Mn | 0.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.48 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.53 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.50 |