Growth Metrics

NI Holdings (NODK) Operating Margin (2017 - 2026)

NI Holdings has reported Operating Margin over the past 9 years, most recently at 77.42% for Q4 2025.

  • Quarterly Operating Margin fell 7045.0% to 77.42% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 80.94% through Dec 2025, down 2304.0% year-over-year, with the annual reading at 84.06% for FY2025, 2338.0% down from the prior year.
  • Operating Margin was 77.42% for Q4 2025 at NI Holdings, down from 75.82% in the prior quarter.
  • Over five years, Operating Margin peaked at 7.37% in Q4 2022 and troughed at 221.2% in Q2 2022.
  • The 5-year median for Operating Margin is 76.43% (2024), against an average of 72.22%.
  • Year-over-year, Operating Margin skyrocketed 2768595bps in 2021 and then plummeted -12531bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 63.81% in 2021, then surged by 112bps to 7.37% in 2022, then plummeted by -301bps to 14.82% in 2023, then soared by 53bps to 6.97% in 2024, then crashed by -1010bps to 77.42% in 2025.
  • Per Business Quant, the three most recent readings for NODK's Operating Margin are 77.42% (Q4 2025), 75.82% (Q3 2025), and 116.41% (Q2 2025).