profit from every $100 of sales.
$0$100
NI Holdings
$15.31+0.72% today
+14.3% in 1 year
1-year low $12.481-year high $16.33
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What NI Holdings sold, what it kept, and what it did with the cash.
Sales went from $268 million in 2022 to $285 million in 2025, with -$10.4 million of profit last year.
SalesProfit
NI Holdings vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| NI Holdings | No profit yet | ||
 Chubb | 13.7× · Cheap | ||
 The Progressive | 12.0× · Cheap | ||
 Tokio Marine Holdings | 15.8× · Fair price | ||
 The Travelers Companies | 13.0× · Cheap |
AI analysis
An AI analyst reads NI Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 268 | 304 | 325 | 285 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -53 | -5 | -6 | -10 | |
| -2.49 | -0.26 | -0.29 | -0.50 | |
| – | – | – | – | |
| – | – | – | – | |
| -19.8% | -1.8% | -1.9% | -3.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 614 | 655 | 527 | 506 |
| Cash | 47 | 41 | 51 | 52 |
| Total debt | – | – | – | – |
| Total liabilities | 361 | 404 | 282 | 266 |
| 251 | 248 | 245 | 240 | |
| 21 | 21 | 21 | 21 | |
| – | – | – | – | |
| -21.2% | -2.2% | -2.5% | -4.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -15 | 51 | 39 | -15 | |
| 1 | 1 | 1 | 0 | |
| -16 | 50 | 38 | -15 | |
| Dividends paid | – | – | – | – |
| 4 | 7 | 0 | 3 | |
| 0 | 2 | 1 | 1 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- –
- –
- 1.1×
- 1.1×
- -3.3%
- 0.0%
Profitability
- -3.7%
- -4.5%
- -5.5%
- -1.8%
- -0.9%
Growth
- +2.1%
- –
- –
- −0.5%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 4%of 749
Bottom 8%of 604
Bottom 27%of 883
Bottom 15%of 931
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 8, 2026 | 0.60 | – | – |
| Mar 6, 2026 | -0.15 | – | – |
| Nov 7, 2025 | -0.08 | – | – |
| Aug 8, 2025 | -0.57 | – | – |
| May 9, 2025 | 0.31 | – | – |
| Mar 7, 2025 | 0.47 | – | – |
| Nov 7, 2024 | -0.13 | – | – |
| Aug 8, 2024 | -0.36 | – | – |
News
Stock Market Today, Nov. 9: Grab Holdings Jumps on Record Adjusted EBITDA and Q3 Revenue BeatYahoo Finance · Nov 9, 2026DHT Holdings Q3 2026 Earnings PreviewSeeking Alpha · Nov 8, 2026Why ASML Holdings Fell in OctoberYahoo Finance · Nov 8, 2026Cannae Holdings Q3 2026 Earnings PreviewSeeking Alpha · Nov 8, 2026Why Koppers Holdings Stock Flopped on FridayYahoo Finance · Nov 7, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
16No pass
Benjamin Graham
65Pass
Philip Fisher
19No pass
Peter Lynch
34No pass
Joel Greenblatt
0No pass
Charlie Munger
20No pass
Terry Smith
12No pass
Questions about NI Holdings
Is NI Holdings a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NI Holdings AI analysis
What does NI Holdings do?
NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company's products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. It is in Insurance - Property & Casualty.
Does NI Holdings pay a dividend?
No. NI Holdings does not pay a dividend at the moment; in 2025 it returned $2.52 million to shareholders by buying back its own shares.
Is NI Holdings stock halal?
No. NI Holdings does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has NI Holdings stock done over the past year?
Up 14.3% over the past twelve months, to $15.31. It traded between $12.48 and $16.33 and is 6.2% below its high.
Who are NI Holdings's competitors?
The largest listed companies in the same industry are Chubb, The Progressive, Tokio Marine Holdings and The Travelers Companies. The peers table on this page compares their profit, growth and price with NI Holdings's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.