NI Holdings (NODK) Tax Rate (2016 - 2026)

NI Holdings has disclosed Tax Rate across 11 years of filings, most recently posting 20.38% for Q1 2026.

• In Q1 2026, Tax Rate rose 375.0% year-over-year to 20.38%; the TTM figure through Mar 2026 stood at 0.07% (down 3233.0% YoY), while the FY2025 annual figure was 15.54%, down 1940.0% from the prior year.
• Tax Rate grew to 20.38% in Q1 2026, from 8.98% in the prior quarter.
• Over the last five years, Tax Rate for NODK reached as high as 28.83% in Q4 2024 and fell as low as 8.98% in Q4 2025.
• The 5-year median for Tax Rate is 21.0% (2023), against an average of 16.68%.
• Annual changes were most pronounced in 2024 — Tax Rate surged 2539 bps — and 2025, when it plunged 3781 bps.
• A 5-year view of Tax Rate shows it stood at 4.34% in 2022, then retreated by 21 bps to 3.44% in 2023, then surged by 738 bps to 28.83% in 2024, then sank by 131 bps to 8.98% in 2025, then soared by 327 bps to 20.38% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 20.38%, 8.98%, and 10.33% for Q1 2026, Q4 2025, and Q3 2025 respectively.