NI Holdings (NODK) EV to CFO (2018 - 2025)
NI Holdings' (NODK) EV to CFO stood at 10.34 in Q2 2025, up 157.5% from 4.01 a year earlier and up 37.8% from the prior quarter.
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Analysis
NI Holdings (NODK) EV to CFO (2018 - 2025) Analysis & Trends
On a TTM basis, NI Holdings' EV to CFO came in at 2.99 as of Jun 30, 2025, up 63.5% year-over-year; for FY2024, it came in at 7.11, up 58.1% from FY2023.
- Across earlier years, EV to CFO came in at 4.49 in FY2023, 11.48 in FY2021 (+130.2%) and 4.99 in FY2020 (-60.2%).
- The Q2 2025 figure is the highest quarterly EV to CFO since Q3 2023.
- On a year-over-year basis, EV to CFO has increased for three consecutive quarters, with growth averaging 69.2% over the last four quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 157.5% in Q2 2025, against a decline of 65.9% in Q3 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.50 (Q1 2025), 7.11 (Q4 2024) and 4.88 (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 140.18 Bn | 86.76 Bn | 9.13 Bn |
| 2 | Progressive | 132.26 Bn | 108.09 Bn | 9.04 Bn |
| 3 | Marsh & Mclennan Companies | 93.43 Bn | 85.59 Bn | - |
| 4 | Travelers Companies | 85.19 Bn | 61.43 Bn | 6.23 Bn |
| 5 | Manulife Financial | 76.67 Bn | -18.21 Bn | - |
| 6 | Arthur J. Gallagher | 68.56 Bn | 62.97 Bn | - |
| 7 | Allstate | 65.29 Bn | 26.56 Bn | 8.73 Bn |
| 8 | Metlife | 65.27 Bn | -41.51 Bn | 7.82 Bn |
| 9 | Aon | 64.82 Bn | 58.03 Bn | - |
| 10 | NI Holdings | 306.67 Mn | 120.98 Mn | 21.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 10.34 |
| Mar 31, 2025 | 7.50 |
| Dec 31, 2024 | 7.11 |
| Sep 30, 2024 | 4.88 |
| Jun 30, 2024 | 4.01 |
| Mar 31, 2024 | 3.39 |
| Dec 31, 2023 | 4.49 |
| Sep 30, 2023 | 12.31 |
| Jun 30, 2022 | 13.65 |
| Mar 31, 2022 | 13.97 |
| Dec 31, 2021 | 11.48 |
| Sep 30, 2021 | 11.16 |
| Jun 30, 2021 | 6.84 |
| Mar 31, 2021 | 5.94 |
| Dec 31, 2020 | 4.99 |
| Sep 30, 2020 | 5.04 |
| Jun 30, 2020 | 7.01 |
| Mar 31, 2020 | 9.79 |
| Dec 31, 2019 | 12.54 |
| Sep 30, 2019 | 14.77 |
API Access
NI Holdings EV to CFO 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=ev-to-cfo&ticker=NODK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=NODK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();