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.
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Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.06 Bn | 121.30 Bn | 9.13 Bn | 18.22% |
| 2 | Progressive | 130.73 Bn | 125.73 Bn | 9.04 Bn | 14.02% |
| 3 | Travelers Companies | 79.08 Bn | 55.33 Bn | 6.23 Bn | 18.17% |
| 4 | Allstate | 67.97 Bn | 29.24 Bn | 16.28 Bn | 17.43% |
| 5 | Fairfax Financial Holdings | 35.99 Bn | 35.99 Bn | - | - |
| 6 | Cincinnati Financial | 26.95 Bn | 25.06 Bn | 2.39 Bn | 29.36% |
| 7 | Markel | 23.13 Bn | 6.24 Bn | 2.83 Bn | 29.09% |
| 8 | Loews | 22.70 Bn | 400.53 Mn | 2.57 Bn | 9.95% |
| 9 | Assurant | 14.24 Bn | 12.21 Bn | 2.71 Bn | 8.64% |
| 10 | NI Holdings | 320.07 Mn | -56.40 Mn | 21.82 Mn | 0.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21% |
| Mar 31, 2026 | 20.99% |
| Dec 31, 2025 | -5.17% |
| Sep 30, 2025 | -2.18% |
| Jun 30, 2025 | -15.84% |
| Mar 31, 2025 | 9.04% |
| Dec 31, 2024 | 13.32% |
| Sep 30, 2024 | -3.04% |
| Jun 30, 2024 | -9.65% |
| Mar 31, 2024 | 8.62% |
| Dec 31, 2023 | 9.16% |
| Sep 30, 2023 | 0.38% |
| Jun 30, 2023 | -10.16% |
| Mar 31, 2023 | -5.52% |
| Dec 31, 2022 | 57.18% |
| Sep 30, 2022 | -11.36% |
| Jun 30, 2022 | -55.19% |
| Mar 31, 2022 | 2.93% |
| Dec 31, 2021 | 5.66% |
| Sep 30, 2021 | -5.74% |