NI Holdings (NODK) Net Margin (2016 - 2026)
NI Holdings (NODK) posted quarterly Net Margin of 22.7% for Q1 2026, up 1365.0% YoY from 1.55% in Q1 2025, and up 538.59% sequentially from 5.17% in Q4 2025.
NI Holdings (NODK) Net Margin (2016 - 2026) Analysis & Trends
NI Holdings has disclosed Net Margin across 11 years of filings, most recently posting 22.7% for Q1 2026.
- In Q1 2026, Net Margin rose 1365.0% year-over-year to 22.7%; the TTM figure through Mar 2026 stood at 1.67% (down 340.0% YoY), while the FY2025 annual figure was 3.65%, down 319.0% from the prior year.
- Net Margin grew to 22.7% in Q1 2026, from 5.17% in the prior quarter.
- Over the last five years, Net Margin for NODK reached as high as 57.18% in Q4 2022 and fell as low as 61.53% in Q2 2022.
- The 5-year median for Net Margin is 2.32% (2025), against an average of 2.86%.
- The widest YoY moves for Net Margin: up 5527 bps in 2022, down 308272 bps in 2022.
- A 5-year view of Net Margin shows it stood at 57.18% in 2022, then tumbled by 140 bps to 22.96% in 2023, then jumped by 95 bps to 1.13% in 2024, then plunged by 356 bps to 5.17% in 2025, then surged by 539 bps to 22.7% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 22.7%, 5.17%, and 2.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -5.76% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 12.70% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 15.89% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 10.52% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 14.35% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 14.33% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 41.26% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 7.02% |
| 10 | NI Holdings | 334.84 Mn | -40.07 Mn | 31.76 Mn | 22.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |