NI Holdings (NODK) Goodwill (2016 - 2024)

NI Holdings (NODK) posted quarterly Goodwill of $2.6 million for Q3 2024, down 71.99% YoY from $9.4 million in Q4 2023, and little changed sequentially from $2.6 million in Q2 2024.

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

NI Holdings has disclosed Goodwill across 9 years of filings, most recently posting $2.6 million for Q3 2024.

  • In Q3 2024, Goodwill fell 71.99% year-over-year to $2.6 million; the TTM figure through Sep 2024 stood at $2.6 million (down 71.99% YoY), while the FY2023 annual figure was $2.6 million, down 71.99% from the prior year.
  • Goodwill was little changed at $2.6 million in Q3 2024, from $2.6 million in the prior quarter.
  • Over the last five years, Goodwill for NODK reached as high as $9.7 million in Q1 2020 and fell as low as $2.6 million in Q4 2023.
  • The 5-year median for Goodwill is $9.4 million (2020), against an average of $8.0 million.
  • Annual changes were most pronounced in 2020 — Goodwill surged 257.08% — and 2023, when it sank 71.99%.
  • 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 slumped by 71.99% to $2.6 million in 2023, then changed by 0.0% to $2.6 million in 2024.
  • According to Business Quant data, Goodwill over the past three periods registered $2.6 million, $2.6 million, and $2.6 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

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