NI Holdings (NODK) Goodwill (2016 - 2024)

NI Holdings (NODK) reported Goodwill of $2.6 million for Q3 2024, down 71.99% year-over-year from $9.4 million in Q4 2023, and little changed quarter-over-quarter from $2.6 million in Q2 2024.

NI Holdings (NODK) Goodwill (2016 - 2024) Analysis & Trends

NI Holdings (NODK) has 9 years of Goodwill data on file, last reported at $2.6 million in Q3 2024.

  • Goodwill for Q3 2024 came in at $2.6 million, down 71.99% year-over-year; the trailing twelve-month figure through Sep 2024 was $2.6 million (down 71.99% YoY), and the FY2023 annual result was $2.6 million, down 71.99% from the prior year.
  • Goodwill held at $2.6 million in Q3 2024 per NODK's latest filing, from $2.6 million in the prior quarter.
  • Over five years, Goodwill peaked at $9.7 million in Q1 2020 and troughed at $2.6 million in Q4 2023.
  • A 5-year average of $8.0 million and a median of $9.4 million in 2020 frame the typical range for Goodwill.
  • The sharpest annual moves came in 2020 and 2023: Goodwill surged 257.08% in 2020, then tumbled 71.99% in 2023.
  • A 5-year view of Goodwill shows it stood at $9.4 million in 2020, then changed by 0.0% to $9.4 million in 2021, then changed by 0.0% to $9.4 million in 2022, then plunged by 71.99% to $2.6 million in 2023, then changed by 0.0% to $2.6 million in 2024.
  • Business Quant data shows NODK's Goodwill at $2.6 million in Q3 2024, $2.6 million in Q2 2024, and $2.6 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn
10 NI Holdings 310.42 Mn -64.49 Mn 31.76 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 2.63 Mn
Jun 30, 2024 2.63 Mn
Mar 31, 2024 2.63 Mn
Dec 31, 2023 2.63 Mn
Sep 30, 2023 9.38 Mn
Jun 30, 2023 9.38 Mn
Mar 31, 2023 9.38 Mn
Dec 31, 2022 9.38 Mn
Sep 30, 2022 9.38 Mn
Jun 30, 2022 9.38 Mn
Mar 31, 2022 9.38 Mn
Dec 31, 2021 9.38 Mn
Sep 30, 2021 9.38 Mn
Jun 30, 2021 9.38 Mn
Mar 31, 2021 9.38 Mn
Dec 31, 2020 9.38 Mn
Sep 30, 2020 9.38 Mn
Jun 30, 2020 9.16 Mn
Mar 31, 2020 9.67 Mn
Dec 31, 2019 2.63 Mn