NI Holdings (NODK) FCF Margin (2017 - 2026)
NI Holdings (NODK) recorded FCF Margin of 1.27% in Q2 2026, down 6.93 percentage points from 8.20% a year earlier but up 4.47 percentage points from the prior quarter.
NI Holdings (NODK) FCF Margin (2017 - 2026) Analysis & Trends
On a TTM basis, NI Holdings' FCF Margin came in at -12.20% as of Jun 30, 2026, down 18.48 percentage points year-over-year; for FY2025, it came in at -5.43%, down 16.97 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -21.88 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 11.54% in FY2024 (-5.03 pp), 16.57% in FY2023 (+22.52 pp), -5.95% in FY2022 (-14.73 pp) and 8.78% in FY2021 (-7.67 pp).
- Quarterly FCF Margin has ranged from -58.56% in Q3 2025 to 52.96% in Q4 2023 over the past five years.
- On a year-over-year basis, FCF Margin has declined for nine consecutive quarters, with an average year-over-year change of -15.06 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 29.60 percentage points in Q3 2023, against a drop of 38.18 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.20% (Q1 2026), 21.71% (Q4 2025) and -58.56% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 5.47% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 23.58% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 14.69% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 19.60% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 15.77% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 20.72% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 11.63% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | -1.02% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 13.93% |
| 10 | NI Holdings | 304.64 Mn | 118.94 Mn | 21.82 Mn | 1.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.27% |
| Mar 31, 2026 | -3.20% |
| Dec 31, 2025 | 21.71% |
| Sep 30, 2025 | -58.56% |
| Jun 30, 2025 | 8.20% |
| Mar 31, 2025 | 13.81% |
| Dec 31, 2024 | 29.10% |
| Sep 30, 2024 | -20.37% |
| Jun 30, 2024 | 19.95% |
| Mar 31, 2024 | 22.30% |
| Dec 31, 2023 | 52.96% |
| Sep 30, 2023 | -13.51% |
| Jun 30, 2023 | 29.46% |
| Mar 31, 2023 | -5.69% |
| Dec 31, 2022 | 33.99% |
| Sep 30, 2022 | -43.11% |
| Jun 30, 2022 | 11.34% |
| Mar 31, 2022 | 4.71% |
| Dec 31, 2021 | 22.84% |
| Sep 30, 2021 | -14.61% |
NI Holdings FCF 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=fcf-margin&ticker=NODK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=NODK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();