NI Holdings (NODK) Non Operating Investment Income (2016 - 2024)
NI Holdings (NODK) posted quarterly Non Operating Investment Income of $1.8 million for Q1 2024, up 29.1% year-over-year from $1.4 million in Q2 2023, and down 71.46% quarter-over-quarter from $6.4 million in Q4 2023.
NI Holdings (NODK) Non Operating Investment Income (2016 - 2024) Analysis & Trends
NI Holdings (NODK) has reported Non Operating Investment Income for 9 consecutive years, with $1.8 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Non Operating Investment Income rose 29.1% year-over-year to $1.8 million; the TTM figure through Mar 2024 stood at $6.8 million (up 210.53% YoY), while the FY2023 annual figure was $6.4 million, up 148.92% from the prior year.
- Non Operating Investment Income slipped to $1.8 million in Q1 2024 per NODK's latest filing, from $6.4 million in the prior quarter.
- Across five years, Non Operating Investment Income topped out at $12.2 million in Q4 2020 and bottomed at -$14.9 million in Q1 2020.
- Historically, Non Operating Investment Income has averaged $1.4 million across 5 years, with a median of $1.8 million in 2024.
- Annual changes were most pronounced in 2020 — Non Operating Investment Income jumped 908.74% — and 2022, when it tumbled 1391.89%.
- NI Holdings' Non Operating Investment Income stood at $12.2 million in 2020, then slumped by 61.25% to $4.7 million in 2021, then soared by 35.01% to $6.4 million in 2022, then changed by 0.0% to $6.4 million in 2023, then slumped by 71.46% to $1.8 million in 2024.
- Business Quant data shows NODK's Non Operating Investment Income at $1.8 million in Q1 2024, $6.4 million in Q4 2023, and -$1.2 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.01 Bn | 121.24 Bn | 9.13 Bn | 162.00 Mn |
| 2 | Progressive | 124.83 Bn | 119.83 Bn | 9.04 Bn | 604.00 Mn |
| 3 | Travelers Companies | 79.46 Bn | 55.71 Bn | 4.83 Bn | 60.00 Mn |
| 4 | Allstate | 68.25 Bn | 29.52 Bn | 16.28 Bn | 1.06 Bn |
| 5 | Fairfax Financial Holdings | 35.31 Bn | 35.31 Bn | - | 768.90 Mn |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn | 1.31 Bn |
| 7 | Loews | 23.29 Bn | 995.49 Mn | 2.57 Bn | -5.00 Mn |
| 8 | Markel | 23.23 Bn | 6.35 Bn | 2.83 Bn | - |
| 9 | Assurant | 14.11 Bn | 12.08 Bn | 2.71 Bn | -10.20 Mn |
| 10 | NI Holdings | 322.16 Mn | -54.32 Mn | 21.82 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.83 Mn |
| Mar 31, 2024 | 1.83 Mn |
| Dec 31, 2023 | 6.41 Mn |
| Dec 31, 2023 | 6.41 Mn |
| Sep 30, 2023 | -1.23 Mn |
| Sep 30, 2023 | -1.23 Mn |
| Jun 30, 2023 | -174,000.00 |
| Jun 30, 2023 | -174,000.00 |
| Mar 31, 2023 | 1.42 Mn |
| Mar 31, 2023 | 1.42 Mn |
| Dec 31, 2022 | 6.41 Mn |
| Dec 31, 2022 | 6.41 Mn |
| Sep 30, 2022 | -2.87 Mn |
| Sep 30, 2022 | -2.87 Mn |
| Jun 30, 2022 | -11.14 Mn |
| Jun 30, 2022 | -11.14 Mn |
| Mar 31, 2022 | -5.53 Mn |
| Mar 31, 2022 | -5.53 Mn |
| Dec 31, 2021 | 4.75 Mn |
| Dec 31, 2021 | 4.75 Mn |