NI Holdings, Inc. engages in the provision of insurance products and services through its subsidiaries. The company is headquartered in Fargo, North Dakota and currently employs 216 full-time employees. The company went IPO on 2017-03-16. The firm is the stock holding company of Nodak Insurance Company (Nodak Insurance). Nodak Insurance is a domestic property and casualty insurance company based in North Dakota, offering private passenger auto, homeowners, farmowners, commercial multi-peril, crop hail, and Federal multi-peril crop insurance coverage through its captive agents in the state. Its segments include Private Passenger Auto, Non-Standard Auto, Home and Farm, Crop, and All Other. The Private Passenger Auto segment writes private passenger auto insurance to provide protection against liability for bodily injury and property damage arising from automobile accidents as well as protection against loss from damage to automobiles owned by the insured. The Non-Standard Auto segment writes non-standard auto insurance. The Home and Farm insurance segment writes homeowners and farmowners policies. Crop segment offers crop hail and multi-peril crop insurance policies.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
284
284
323
375
324
324
Revenue Growth (YoY)
-16%
-12%
-14%
16%
0%
6%
Cost of Revenue
--
--
--
--
--
--
Gross Profit
--
--
--
--
--
--
Selling, General & Admin
--
--
--
--
--
--
Research & Development
--
--
--
--
--
--
Operating Expenses
297
297
312
283
393
312
Other Non Operating Income (Expenses)
--
--
--
--
--
--
Pretax Income
-12
-12
10
20
-69
11
Income Tax Expense
-1
-1
3
0
-15
3
Net Income
-10
-10
-6
-5
-53
8
Net Income Growth
67%
67%
20%
-91%
-763%
-80%
Shares Outstanding (Diluted)
20.91
20.99
20.96
21.15
21.3
21.7
Shares Change (YoY)
0%
0%
-1%
-1%
-2%
-1%
EPS (Diluted)
-0.49
-0.49
-0.28
-0.25
-2.49
0.39
EPS Growth
66%
77%
12%
-90%
-738%
-79%
Free Cash Flow
-15
-15
17
22
-31
28
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
--
--
--
--
--
--
Operating Margin
-4.22%
-4.22%
3.4%
8%
-21.29%
3.39%
Profit Margin
-3.52%
-3.52%
-1.85%
-1.33%
-16.35%
2.46%
Free Cash Flow Margin
-5.28%
-5.28%
5.26%
5.86%
-9.56%
8.64%
EBITDA
48
48
82
98
-2
76
EBITDA Margin
16.9%
16.9%
25.38%
26.13%
-0.61%
23.45%
D&A For EBITDA
60
60
71
68
67
65
EBIT
-12
-12
11
30
-69
11
EBIT Margin
-4.22%
-4.22%
3.4%
8%
-21.29%
3.39%
Effective Tax Rate
8.33%
8.33%
30%
0%
21.73%
27.27%
Follow-Up Questions
What are NI Holdings Inc's key financial statements?
According to the latest financial statement (Form-10K), NI Holdings Inc has a total asset of $506, Net loss of $-10
What are the key financial ratios for NODK?
NI Holdings Inc's Current ratio is 1.9, has a Net margin is -3.52, sales per share of $13.52.
How is NI Holdings Inc's revenue broken down by segment or geography?
NI Holdings Inc largest revenue segment is Non-Standard Auto, at a revenue of 95,225,000 in the most earnings release.For geography, United States is the primary market for NI Holdings Inc, at a revenue of 310,110,000.
Is NI Holdings Inc profitable?
no, according to the latest financial statements, NI Holdings Inc has a net loss of $-10
Does NI Holdings Inc have any liabilities?
yes, NI Holdings Inc has liability of 265
How many outstanding shares for NI Holdings Inc?
NI Holdings Inc has a total outstanding shares of 20.55