NODK

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NI Holdings, Inc.

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Key Metrics

Previous Close: $14.99
52-Week Range: $12.37 – $16.70
Market Cap: $305.87M
P/E (TTM): 39.45
EPS (TTM): 0.38
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 1.23
PEG Ratio: —
Return on Equity: 3.18%
Return on Assets: 1.20%
Gross Margin: 4.18%
Operating Margin: 0.33%
Profit Margin: 2.93%
Current Ratio: 0.58
Debt/Equity: 0.00
Total Debt: $1.16M
Free Cash Flow: $20.68M
Revenue Growth: -7.70%
Earnings Growth: —
Enterprise Value: $255.42M

NODK Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$267.78M	$304.02M	$325.20M	$285.05M
Pretax Income	-$52.88M	$20.55M	$10.14M	-$12.33M
Income Tax	-$14.19M	$716.00K	$3.54M	-$1.92M
Net Income	-$53.10M	-$5.48M	-$6.06M	-$10.41M
Diluted EPS	-2.49	-0.26	-0.29	-0.50
Diluted Shares	21.33M	21.24M	21.09M	20.99M

NODK Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$47.00M	$41.04M	$50.93M	$51.72M
Receivables	$130.82M	$78.61M	$86.45M	$80.63M
Total Assets	$614.23M	$654.89M	$526.54M	$506.00M
Total Liabilities	$361.02M	$404.49M	$281.91M	$265.67M
Retained Earnings	$214.12M	$208.38M	$201.58M	$191.07M
Shareholders' Equity	$250.98M	$247.64M	$244.63M	$240.34M

NODK Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$15.29M	$51.03M	$38.51M	-$15.27M
Capital Expenditure	-$878.00K	-$661.00K	-$991.00K	-$217.00K
Free Cash Flow	-$16.17M	$50.37M	$37.52M	-$15.49M
Depreciation & Amortisation	$654.00K	$725.00K	$681.00K	$794.00K
Stock-Based Compensation	$340.00K	$1.69M	$603.00K	$1.16M
Investing Cash Flow	$25.05M	-$8.81M	-$4.54M	$18.84M
Financing Cash Flow	-$18.28M	-$7.47M	-$3.64M	-$2.78M
Share Repurchases	-$4.18M	-$7.28M	$0.00	-$2.52M
Net Change in Cash	-$15.04M	$7.17M	$9.89M	$785.00K

NODK Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$71.43M	$76.06M	$76.57M	$60.99M	$59.60M	$70.23M
Pretax Income	$7.75M	-$15.32M	-$1.86M	-$2.90M	$15.71M	$230.00K
Income Tax	$1.29M	-$3.27M	-$192.00K	$260.00K	$3.20M	$84.00K
Net Income	$6.46M	-$12.05M	-$1.67M	-$3.16M	$12.51M	$146.00K
Diluted EPS	0.31	-0.57	-0.08	—	0.60	0.01
Diluted Shares	21.10M	21.04M	21.00M	—	20.94M	20.87M

NODK Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$57.20M	$56.78M	$24.65M	$51.72M	$57.72M	$51.61M
Receivables	$74.39M	$158.61M	$128.71M	$80.63M	$71.89M	$115.73M
Total Assets	$525.36M	$620.05M	$543.82M	$506.00M	$492.11M	$543.13M
Total Liabilities	$271.36M	$376.73M	$300.01M	$265.67M	$241.91M	$293.76M
Retained Earnings	$208.00M	$195.91M	$194.23M	$191.07M	$203.48M	$203.60M
Shareholders' Equity	$254.00M	$243.32M	$243.80M	$240.34M	$250.20M	$249.38M

NODK Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$9.89M	$6.40M	-$44.80M	$13.24M	-$1.87M	$912.00K
Capital Expenditure	-$20.00K	-$162.00K	-$35.00K	—	-$42.00K	-$19.00K
Free Cash Flow	$9.87M	$6.24M	-$44.84M	$13.24M	-$1.91M	$893.00K
Depreciation & Amortisation	$173.00K	$171.00K	$175.00K	$275.00K	$168.00K	$122.00K
Stock-Based Compensation	$480.00K	$244.00K	$304.00K	$129.00K	$293.00K	$372.00K
Investing Cash Flow	-$3.46M	-$6.79M	$13.87M	$15.22M	$8.93M	-$5.57M
Financing Cash Flow	-$157.00K	-$32.00K	-$1.20M	-$1.40M	-$1.06M	-$1.45M
Share Repurchases	$0.00	$0.00	-$1.16M	-$1.36M	-$861.00K	-$1.45M
Net Change in Cash	$6.27M	-$418.00K	-$32.13M	$27.06M	$6.00M	-$6.11M

Market Snapshot

About

NI Holdings, Inc. is a property and casualty insurance company serving customers in North Dakota and surrounding states with farm, home, and commercial coverage.