NI Holdings (NODK) Net Margin (2016 - 2026)

NI Holdings (NODK) reported Net Margin of 22.7% for Q1 2026, up 1365.0% year-over-year from 1.55% in Q1 2025, and up 538.59% quarter-over-quarter from 5.17% in Q4 2025.

NI Holdings (NODK) Net Margin (2016 - 2026) Analysis & Trends

NI Holdings (NODK) has 11 years of Net Margin data on file, last reported at 22.7% in Q1 2026.

  • Net Margin for Q1 2026 came in at 22.7%, up 1365.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.67% (down 340.0% YoY), and the FY2025 annual result was 3.65%, down 319.0% from the prior year.
  • Net Margin improved to 22.7% in Q1 2026 per NODK's latest filing, from 5.17% in the prior quarter.
  • Over five years, Net Margin peaked at 57.18% in Q4 2022 and troughed at 61.53% in Q2 2022.
  • A 5-year average of 2.86% and a median of 2.32% in 2025 frame the typical range for Net Margin.
  • On a YoY basis, Net Margin climbed as much as 5527 bps in 2022 and fell as far as 308272 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 57.18% in 2022, then sank by 140 bps to 22.96% in 2023, then jumped by 95 bps to 1.13% in 2024, then slumped by 356 bps to 5.17% in 2025, then surged by 539 bps to 22.7% in 2026.
  • Business Quant data shows NODK's Net Margin at 22.7% in Q1 2026, 5.17% in Q4 2025, and 2.32% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 15.89%
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 12.70%
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 14.35%
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 14.33%
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 13.97%
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 10.52%
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -5.76%
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 41.26%
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 9.85%
10 NI Holdings 310.42 Mn -64.49 Mn 31.76 Mn 22.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.70%
Dec 31, 2025 -5.17%
Sep 30, 2025 -2.32%
Jun 30, 2025 -16.51%
Mar 31, 2025 9.04%
Jun 30, 2024 -1.13%
Mar 31, 2024 -0.74%
Dec 31, 2023 -22.96%
Sep 30, 2023 -0.65%
Jun 30, 2023 -6.98%
Mar 31, 2023 -5.52%
Dec 31, 2022 57.18%
Sep 30, 2022 -11.40%
Jun 30, 2022 -61.53%
Mar 31, 2022 3.08%
Dec 31, 2021 1.90%
Sep 30, 2021 -5.74%
Jun 30, 2021 -3.29%
Mar 31, 2021 3,085.80%
Dec 31, 2020 27.60%