Growth Metrics

NI Holdings (NODK) Operating Margin (2017 - 2025)

NI Holdings (NODK) has disclosed Operating Margin for 9 consecutive years, with 67.22% as the latest value for Q3 2025.

  • On a quarterly basis, Operating Margin rose 2197.0% to 67.22% in Q3 2025 year-over-year; TTM through Sep 2025 was 72.43%, a 3421.0% decrease, with the full-year FY2024 number at 68.5%, down 6820.0% from a year prior.
  • Operating Margin was 67.22% for Q3 2025 at NI Holdings, up from 107.72% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 66.75% in Q4 2023 to a low of 31203.79% in Q3 2021.
  • A 5-year average of 1706.4% and a median of 67.22% in 2025 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: crashed -3114324bps in 2021, then surged 3110126bps in 2022.
  • NI Holdings' Operating Margin stood at 49.7% in 2021, then skyrocketed by 58bps to 20.8% in 2022, then skyrocketed by 421bps to 66.75% in 2023, then tumbled by -187bps to 58.01% in 2024, then fell by -16bps to 67.22% in 2025.
  • Per Business Quant, the three most recent readings for NODK's Operating Margin are 67.22% (Q3 2025), 107.72% (Q2 2025), and 51.43% (Q1 2025).