NI Holdings, Inc.

NODK Financial Insurance Property & Casualty

NI Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $285.1 million, down 12.3% from fiscal 2024.

Revenue
−7.66%
EPS
+101.2%
Free cash flow
−85.5%

Quarter to June 2026, against a year earlier

15.39 0.00 0.00%
Market cap
$314.0M
P/E
41.1×
Fwd P/E
−5.3×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

NI Holdings, Inc. (NODK) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, NI Holdings, Inc. (NODK) trades at a P/E ratio of 41.1×. Over the past ten years it has ranged from 0.0× (June 2026) to 438× (June 2022); the current reading is higher than 78% of that period. That is above the Insurance Property & Casualty industry median of 12.2× and above the Financial sector median of 12.2×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 47.3× 441.28%
FY2020 8.7× (40.08%)
FY2019 14.6× 28.81%
FY2018 11.3× (51.65%)
FY2017 23.4× (68.26%)
FY2016 73.8× 0.00%

Quarterly newest first

Period P/E ratio Change
Jun 2026 41.7× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 104× (34.50%)
38 more quarters

Against its own ten years

Low 0.0× High 438×
Ten-year median 11.6×
Current reading's percentile 67

P/E ratio against peers

Company P/E ratio
ACIC American Coastal Insurance Corporation compare 5.7×
AII American Integrity Insurance Group, Inc. compare 6.0×
KINS Kingstone Companies, Inc compare 7.6×
ROOT Root, Inc. compare 9.2×
DGICA Donegal Group, Inc. compare 9.7×
GBLI Global Indemnity PLC compare 10.0×
DGICB Donegal Group, Inc. compare 14.1×
HIPO Hippo Holdings Inc. compare 28.3×
NODK NI Holdings, Inc. 41.1×
Insurance Property & Casualty industry median 12.2×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on NODK