NI Holdings Past Earnings Performance
Past criteria checks 1/6
NI Holdings's earnings have been declining at an average annual rate of -52%, while the Insurance industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 8.1% per year. NI Holdings's return on equity is 2.2%, and it has net margins of 1.4%.
Key information
-52.0%
Earnings growth rate
-51.7%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 8.1% |
| Return on equity | 2.2% |
| Net Margin | 1.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
NI Holdings, Inc.'s (NASDAQ:NODK) P/S Is On The Mark
Mar 16
NI expects sees $49M loss in Q2 owing to severe storms in South Dakota and Nebraska
Jul 22Increases to CEO Compensation Might Be Put On Hold For Now at NI Holdings, Inc. (NASDAQ:NODK)
May 19Could The NI Holdings, Inc. (NASDAQ:NODK) Ownership Structure Tell Us Something Useful?
Mar 12Here's Why We Think NI Holdings (NASDAQ:NODK) Is Well Worth Watching
Feb 19
Did You Miss NI Holdings' (NASDAQ:NODK) 11% Share Price Gain?
Feb 01Read This Before Selling NI Holdings, Inc. (NASDAQ:NODK) Shares
Jan 08Is NI Holdings, Inc.'s(NASDAQ:NODK) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 18NI Holdings EVP & CFO retires
Nov 13NI Holdings reports Q3 results
Nov 04Revenue & Expenses Breakdown
How NI Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 375 | 5 | 0 | 0 |
| 31 Dec 23 | 366 | -5 | 0 | 0 |
| 30 Sep 23 | 365 | -11 | 0 | 0 |
| 30 Jun 23 | 361 | -21 | 0 | 0 |
| 31 Mar 23 | 340 | -59 | 0 | 0 |
| 31 Dec 22 | 324 | -53 | 0 | 0 |
| 30 Sep 22 | 316 | -48 | 0 | 0 |
| 30 Jun 22 | 312 | -43 | 0 | 0 |
| 31 Mar 22 | 319 | 1 | 0 | 0 |
| 31 Dec 21 | 324 | 8 | 0 | 0 |
| 30 Sep 21 | 322 | 24 | 0 | 0 |
| 30 Jun 21 | 319 | 32 | 0 | 0 |
| 31 Mar 21 | 331 | 54 | 0 | 0 |
| 31 Dec 20 | 306 | 40 | 0 | 0 |
| 30 Sep 20 | 294 | 36 | 0 | 0 |
| 30 Jun 20 | 283 | 25 | 0 | 0 |
| 31 Mar 20 | 256 | 9 | 0 | 0 |
| 31 Dec 19 | 271 | 26 | 0 | 0 |
| 30 Sep 19 | 256 | 24 | 0 | 0 |
| 30 Jun 19 | 246 | 41 | 0 | 0 |
| 31 Mar 19 | 230 | 39 | 0 | 0 |
| 31 Dec 18 | 208 | 31 | 0 | 0 |
| 30 Sep 18 | 201 | 30 | 0 | 0 |
| 30 Jun 18 | 198 | 18 | 0 | 0 |
| 31 Mar 18 | 193 | 17 | 0 | 0 |
| 31 Dec 17 | 189 | 16 | 0 | 0 |
| 30 Sep 17 | 173 | 3 | 0 | 0 |
| 30 Jun 17 | 176 | 5 | 0 | 0 |
| 31 Mar 17 | 167 | 3 | 0 | 0 |
| 31 Dec 16 | 164 | 5 | 0 | 0 |
| 30 Sep 16 | 163 | 10 | 0 | 0 |
| 30 Jun 16 | 154 | 18 | 0 | 0 |
| 31 Mar 16 | 148 | 19 | 0 | 0 |
| 31 Dec 15 | 146 | 17 | 0 | 0 |
| 31 Dec 14 | 138 | 14 | 0 | 0 |
Quality Earnings: NODK has a large one-off loss of $6.8M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: NODK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NODK's earnings have declined by 52% per year over the past 5 years.
Accelerating Growth: NODK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NODK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (37.3%).
Return on Equity
High ROE: NODK's Return on Equity (2.2%) is considered low.