NI Holdings, Inc. (NODK)

NI Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 10, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	289	324	267	280	402	350
Market Cap Growth	-15.10%	21.29%	-4.64%	-30.19%	14.77%	-7.94%
Enterprise Value	256	287	236	228	358	282
PE Ratio	123.30	-	-	-	47.71	8.66
PS Ratio	0.96	1.00	0.88	1.05	1.24	1.14
PB Ratio	1.15	1.33	1.07	1.11	1.16	1.00
P/FCF Ratio	-	18.97	11.73	-	14.12	6.94
P/OCF Ratio	-	17.93	11.40	-	13.77	6.86
EV/Sales Ratio	0.86	0.88	0.78	0.85	1.11	0.92
EV/EBITDA Ratio	33.17	21.33	11.11	-	28.71	5.23
EV/EBIT Ratio	36.35	22.47	11.50	-	31.67	5.34
EV/FCF Ratio	-	16.80	10.37	-	12.60	5.60
Debt / Equity Ratio	0.01	0.01	-	-	-	-
Debt / EBITDA Ratio	0.19	0.13	-	-	-	-
Debt / FCF Ratio	-	0.11	-	-	-	-
Quick Ratio	0.44	0.44	0.28	0.38	0.44	0.65
Current Ratio	0.52	0.50	0.70	0.50	0.52	0.70
Asset Turnover	0.54	0.55	0.48	0.42	0.51	0.54
Return on Equity (ROE)	1.07%	2.67%	7.88%	-12.88%	2.39%	12.55%
Return on Assets (ROA)	0.80%	1.35%	2.02%	-5.22%	1.11%	5.86%
Return on Capital (ROIC)	1.80%	3.21%	5.10%	-11.00%	2.03%	10.02%
Earnings Yield	0.93%	-1.87%	-2.05%	-18.94%	2.10%	11.54%
FCF Yield	-2.59%	5.27%	8.53%	-8.09%	7.08%	14.40%
Buyback Yield / Dilution	-0.91%	0.69%	0.46%	1.49%	1.30%	1.45%

Updated Nov 7, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q