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
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%