Growth Metrics

NI Holdings (NODK) Gross Margin (2017 - 2025)

NI Holdings (NODK) has disclosed Gross Margin for 9 consecutive years, with 32.26% as the latest value 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 for Q4 2025 was 32.26% at NI Holdings, up from 26.61% in the prior quarter.
  • The five-year high for Gross Margin was 62.17% in Q4 2024, with the low at 43.28% in Q2 2022.
  • Average Gross Margin over 5 years is 29.83%, with a median of 29.16% recorded in 2023.
  • The sharpest move saw Gross Margin skyrocketed 1165833bps in 2021, then plummeted -6080bps in 2022.
  • Over 5 years, Gross Margin stood at 34.83% in 2021, then skyrocketed by 77bps to 61.53% in 2022, then decreased by -4bps to 59.13% in 2023, then increased by 5bps to 62.17% in 2024, then tumbled by -48bps to 32.26% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 32.26%, 26.61%, and 8.76% for Q4 2025, Q3 2025, and Q2 2025 respectively.