Growth Metrics

NI Holdings (NODK) Tax Rate (2016 - 2025)

NI Holdings (NODK) has disclosed Tax Rate for 10 consecutive years, with 10.33% as the latest value for Q3 2025.

  • On a quarterly basis, Tax Rate fell 1140.0% to 10.33% in Q3 2025 year-over-year; TTM through Sep 2025 was 41.18%, a 3073.0% increase, with the full-year FY2024 number at 34.94%, up 3146.0% from a year prior.
  • Tax Rate was 10.33% for Q3 2025 at NI Holdings, down from 21.36% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 42.53% in Q4 2021 to a low of 4.34% in Q4 2022.
  • A 5-year average of 20.36% and a median of 21.02% in 2022 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: skyrocketed 2085bps in 2021, then tumbled -3819bps in 2022.
  • NI Holdings' Tax Rate stood at 42.53% in 2021, then tumbled by -90bps to 4.34% in 2022, then skyrocketed by 147bps to 10.74% in 2023, then skyrocketed by 169bps to 28.83% in 2024, then crashed by -64bps to 10.33% in 2025.
  • Per Business Quant, the three most recent readings for NODK's Tax Rate are 10.33% (Q3 2025), 21.36% (Q2 2025), and 16.63% (Q1 2025).