NI Holdings (NODK) Goodwill (2016 - 2024)

NI Holdings (NODK) posted quarterly 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 reported Goodwill for 9 consecutive years, with $2.6 million the latest figure, recorded in 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 held at $2.6 million in Q3 2024 per NODK's latest filing, from $2.6 million in the prior quarter.
  • Across five years, Goodwill topped out at $9.7 million in Q1 2020 and bottomed at $2.6 million in Q4 2023.
  • Historically, Goodwill has averaged $8.0 million across 5 years, with a median of $9.4 million in 2020.
  • Annual changes were most pronounced in 2020 — Goodwill surged 257.08% — and 2023, when it tumbled 71.99%.
  • NI Holdings' Goodwill 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 sank 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 134.48 Bn 120.72 Bn 9.13 Bn
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn -
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn
10 NI Holdings 322.78 Mn -53.70 Mn 21.82 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