NI Holdings (NODK) Net Margin (2016 - 2026)
NI Holdings (NODK) posted quarterly Net Margin of 20.99% for Q1 2026, up 1194.0% year-over-year from 1.62% in Q1 2025, and up 487.32% quarter-over-quarter from 5.42% in Q4 2025.
NI Holdings (NODK) Net Margin (2016 - 2026) Analysis & Trends
NI Holdings (NODK) has reported Net Margin for 11 consecutive years, with 20.99% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 1194.0% year-over-year to 20.99%; the TTM figure through Mar 2026 stood at 1.63% (down 337.0% YoY), while the FY2025 annual figure was 3.85%, down 338.0% from the prior year.
- Net Margin climbed to 20.99% in Q1 2026 per NODK's latest filing, from 5.42% in the prior quarter.
- Across five years, Net Margin topped out at 66.54% in Q4 2022 and bottomed at 61.53% in Q2 2022.
- Historically, Net Margin has averaged 1.82% across 5 years, with a median of 2.18% in 2025.
- On a YoY basis, Net Margin climbed as much as 46424 bps in 2022 and fell as far as 308272 bps in 2022.
- NI Holdings' Net Margin stood at 66.54% in 2022, then sank by 122 bps to 14.64% in 2023, then surged by 92 bps to 1.17% in 2024, then plunged by 363 bps to 5.42% in 2025, then soared by 487 bps to 20.99% in 2026.
- Business Quant data shows NODK's Net Margin at 20.99% in Q1 2026, 5.42% in Q4 2025, and 2.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 18.22% |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 14.02% |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 20.53% |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 17.43% |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 29.36% |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 9.95% |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 29.09% |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 8.64% |
| 10 | NI Holdings | 322.78 Mn | -53.70 Mn | 21.82 Mn | 0.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21% |
| Mar 31, 2026 | 20.99% |
| Dec 31, 2025 | -5.42% |
| Sep 30, 2025 | -2.18% |
| Jun 30, 2025 | -16.51% |
| Mar 31, 2025 | 9.04% |
| Jun 30, 2024 | -1.17% |
| Mar 31, 2024 | -0.74% |
| Dec 31, 2023 | -14.64% |
| Sep 30, 2023 | -0.65% |
| Jun 30, 2023 | -7.18% |
| Mar 31, 2023 | -5.52% |
| Dec 31, 2022 | 66.54% |
| Sep 30, 2022 | -11.40% |
| Jun 30, 2022 | -61.53% |
| Mar 31, 2022 | 3.08% |
| Dec 31, 2021 | 11.06% |
| Sep 30, 2021 | -5.74% |
| Jun 30, 2021 | -525.77% |
| Mar 31, 2021 | 3,085.80% |