Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on Sales

NI Holdings (NODK) Gross Margin (2017 - 2026)

NI Holdings has reported Gross Margin over the past 9 years, most recently at 32.26% for Q4 2025.

  • Quarterly Gross Margin fell 2992.0% to 32.26% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 27.07% through Dec 2025, down 1024.0% year-over-year, with the annual reading at 25.81% for FY2025, 1039.0% down from the prior year.
  • Gross Margin was 32.26% for Q4 2025 at NI Holdings, up from 26.61% in the prior quarter.
  • Over five years, Gross Margin peaked at 62.17% in Q4 2024 and troughed at 43.28% in Q2 2022.
  • The 5-year median for Gross Margin is 29.16% (2023), against an average of 29.83%.
  • Year-over-year, Gross Margin soared 1165833bps in 2021 and then crashed -6080bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 34.83% in 2021, then surged by 77bps to 61.53% in 2022, then fell by -4bps to 59.13% in 2023, then rose by 5bps to 62.17% in 2024, then crashed by -48bps to 32.26% in 2025.
  • Per Business Quant, the three most recent readings for NODK's Gross Margin are 32.26% (Q4 2025), 26.61% (Q3 2025), and 8.76% (Q2 2025).