NASDAQ · FIRE, MARINE & CASUALTY INSURANCE · MID CAP
NI Holdings, Inc. NODK
12 fiscal years on record · USD · FY2025 reported · SEC filings only
In brief
What this company does
Written from the business description in NI Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 6 March 2026. Every sentence was checked against that document before publication.
Growth
USD 285.1M
Revenue, FY2025 · full 12-year series below
Revenue $M
Net income $M
FY2025 · Revenue 285.1 · Net income -10.4
Compound annual growth
Revenue compounded at +175.3% a year over five years.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
−4 cents
lost on every revenue dollar
Operating margin
Net margin
FY2025 · Operating -4.3% · Net -3.7%
ROE
FY2020 · ROE 13.0%
The 12-year record
12 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
| Operating income $B | −0.0 | 0.0 | 0.0 | −0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EBITDA $B | −0.0 | 0.0 | 0.0 | −0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income tax $B | −0.0 | 0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income $B | −0.0 | −0.0 | −0.0 | −0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Free cash flow $B | −0.0 | 0.0 | 0.1 | −0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS, diluted $ | −0.50 | −0.29 | −0.26 | −2.49 | 0.39 | 1.84 | 1.19 | 1.39 | 0.71 | · | · | · |
| Dividend / sh $ | · | · | · | · | · | · | · | · | · | · | · | · |
| Payout % | −65 | −137 | · | · | · | · | · | · | · | · | · | · |
| ROE % | · | · | · | · | · | 13.0 | 9.0 | 11.7 | 7.8 | 3.0 | 12.2 | 10.2 |
| Shares out B | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 | · | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Provenance
Company facts, as filed
How we verify · 0 failures in 32 reconciliationsAUDITED
Reconciled in 12 of 19 fiscal years. 25 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFire, Marine & Casualty Insurance
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2014