NI Holdings, Inc. (NODK)
NASDAQ: NODK · Real-Time Price · USD
15.21
-0.04 (-0.26%)
At close: Aug 28, 2026, 4:00 PM EDT
15.21
0.00 (0.00%)
After-hours: Aug 28, 2026, 4:10 PM EDT

NI Holdings Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
267.4285.05325.2304.02267.78323.97
Revenue Growth
-13.85%-12.35%6.97%13.53%-17.34%5.75%
Operating Income
11.19-12.3312.7720.55-52.8811.31
Net Income
7.83-10.41-6.06-5.48-53.18.42
Earnings Per Share
0.37-0.50-0.29-0.26-2.490.39
EPS Growth
431.76%-----78.80%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Non-Standard Auto
20.795095.2387.7667.7459.87
All Other
17.7914.0412.6711.7914.1210.55
Home and Farm
100.793.9290.7683.3978.3873.79
Crop
21.1721.6721.1425.8234.7226.85
Private Passenger Auto
89.8491.0390.3183.3677.6172.53
Unallocated Net Investment Income
11.1811.710.948.036.647.13
Unallocated Net Investment Gains (Losses)
51.72.211.93-11.9815.48
Unallocated Fee and Other Income
0.9311.941.940.550.5
Total
267.4285.05325.2304.02267.78323.97

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
51.6151.7250.9341.044770.62
Total Debt
1.161.39----
Net Cash (Debt)
50.4550.3350.9341.044770.62
Net Cash Growth
-8.56%-1.18%24.11%-12.69%-33.45%-30.13%
Net Cash Per Share
2.412.402.411.932.203.26

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-32.52-15.2718.0823.45-21.8129.17
Capital Expenditures
-0.1-0.22-0.99-0.66-0.88-0.74
Free Cash Flow
-32.61-15.4917.0922.79-22.6928.43
Free Cash Flow Growth
---25.04%---43.59%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
4.18%-4.32%3.93%6.76%-19.75%3.49%
Pretax Margin
4.18%-4.33%3.12%6.76%-19.75%3.49%
Profit Margin
2.93%-3.65%-1.86%-1.80%-19.83%2.60%
FCF Margin
-12.20%-5.43%5.25%7.50%-8.47%8.77%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
40.69----47.71
P/FCF Ratio
--18.9711.73-14.12
PS Ratio
1.160.961.000.881.051.24