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. In the quarter to June 2026, revenue fell 7.66%, EPS grew 101.2% and free cash flow fell 85.5%, each against the same quarter a year earlier.

14.81 0.05 −0.34%
Market cap
$303.2M
P/E
39.3×
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 16 October 2026, NI Holdings, Inc. (NODK) trades at a P/E ratio of 39.3×. Over the past ten years it has ranged from 0.0× (June 2026) to 438× (June 2022); the current reading is higher than 76% of that period. That is above the Insurance Property & Casualty industry median of 10.7× and above the Financial sector median of 12.4×.

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 11.5×
Current reading's percentile 63

P/E ratio against peers

Company P/E ratio
ACIC American Coastal Insurance Corporation compare 5.3×
AII American Integrity Insurance Group, Inc. compare 6.1×
HIPO Hippo Holdings Inc. compare 7.4×
KINS Kingstone Companies, Inc compare 7.5×
DGICA Donegal Group, Inc. compare 9.5×
GBLI Global Indemnity PLC compare 10.3×
DGICB Donegal Group, Inc. compare 10.7×
ROOT Root, Inc. compare 13.6×
NODK NI Holdings, Inc. 39.3×
Insurance Property & Casualty industry median 10.7×
Financial sector median 12.4×
Market median 18.1×

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