NODKNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31
NI Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$14.75−0.06 (-0.41%)
Close on Oct 19, 2026
- Market cap
- $307.90M
- P/E (TTM)
- 38.8
- Dividend yield
- –
NI statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Fire, Marine & Casualty Insurance companies for comparison
Valuation
| Measure | NI | Industry median |
|---|---|---|
| Market Cap | $300.97M | $3.25B |
| Enterprise Value | $249.36M | $2.52B |
| PE Ratio | 38.82 | 10.38 |
| PS Ratio | 1.13 | 1.08 |
| PB Ratio | 1.21 | 1.48 |
| P/TBV Ratio | 1.21 | 1.56 |
Enterprise value
| Measure | NI | Industry median |
|---|---|---|
| EV / Sales | 0.93 | 0.93 |
Income (trailing twelve months)
| Measure | NI | Industry median |
|---|---|---|
| Revenue | $267.40M | $4.57B |
| Gross Profit | $82.85M | $5.63B |
| Pretax Income | $11.19M | $589.53M |
| Net Income | $7.83M | $470.80M |
| EPS (Diluted) | $0.38 | $4.71 |
Margins
| Measure | NI | Industry median |
|---|---|---|
| Gross Margin | 31.0% | 31.0% |
| Pretax Margin | 4.18% | 13.7% |
| Profit Margin | 2.93% | 10.7% |
| FCF Margin | -12.2% | 17.5% |
Returns
| Measure | NI | Industry median |
|---|---|---|
| Return on Equity (ROE) | 3.18% | 13.9% |
| Return on Assets (ROA) | 1.35% | 3.31% |
Growth
| Measure | NI | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -13.9% | 8.06% |
| Net Income Growth (YoY) | 404.6% | 25.1% |
| EPS Growth (YoY) | 442.9% | 27.7% |
| FCF Growth (YoY) | -267.3% | 7.71% |
| Revenue Growth (3Y CAGR) | 2.10% | 9.53% |
| Revenue Growth (5Y CAGR) | -1.43% | 8.29% |
Balance sheet
| Measure | NI | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $51.61M | $482.49M |
| Net Cash (Debt) | $51.61M | $300.85M |
| Net Cash Per Share | $2.53 | $5.27 |
| Equity (Book Value) | $249.38M | $3.63B |
| Book Value Per Share | $12.22 | $41.34 |
| Tangible Book Value | $249.38M | $2.59B |
Cash flow (trailing twelve months)
| Measure | NI | Industry median |
|---|---|---|
| Operating Cash Flow | -$32.52M | $631.50M |
| Capital Expenditures | -$96.00K | -$11.90M |
| Free Cash Flow | -$32.61M | $661.55M |
| FCF Per Share | -$1.60 | $8.91 |
Efficiency
| Measure | NI | Industry median |
|---|---|---|
| Asset Turnover | 0.46 | 0.27 |
| Revenue Per Employee | $1.55M | $1.68M |
| Profits Per Employee | $45.53K | $188.96K |
| Employee Count | 172 | 1,400 |
Dividends and yields
| Measure | NI | Industry median |
|---|---|---|
| Earnings Yield | 2.60% | 9.43% |
| FCF Yield | -10.8% | 12.5% |
Shares
| Measure | NI | Industry median |
|---|---|---|
| Shares Outstanding | 20,404,700 | 65,596,200 |
| Shares Change (YoY) | -1.03% | -1.19% |
| Shares Change (QoQ) | -0.43% | -0.31% |
| Float | 19,939,200 | 56,719,400 |
| Shares Held by Insiders | 2.28% | 3.34% |
| Shares Held by Institutions | 25.3% | 85.3% |
Taxes
| Measure | NI | Industry median |
|---|---|---|
| Income Tax | $3.35M | $105.00M |
| Effective Tax Rate | 30.0% | 19.8% |
Scores
| Measure | NI | Industry median |
|---|---|---|
| Graham Number | $10.22 | $76.86 |
| Graham Upside | -30.7% | 18.9% |
| Altman Z-Score | 1.63 | 0.87 |
| Piotroski F-Score | 3 | 5 |
Calculated by StockData from NI's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.