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NI Holdings NODK Return on equity

Return on equity at other companies

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46%+18.8pp
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Other financials

Income statement

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Revenue$70.2M-7.7%
Gross profit$15.7M-13.5%
Net income$146.0K+101%
EPS (diluted)$0.01+102%

Balance sheet

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Cash & equivalents$51.6M-9.1%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$543.1M-12.4%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$19.0K-88.3%
Free cash flow-$1.9M-119%

Valuation

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Market cap$313.01M+19.6%
P/E40×
P/S1.2×+0.3×

Profitability

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Gross margin30.2%-1.8pp
Net margin2.9%
FCF margin-2.4%

Returns & leverage

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Debt / equity0.0×

Where this comes from

Calculated from NI Holdings’s reported figures.

Based on trailing twelve months.

The source filing: NI Holdings’s 10-Q, filed November 7, 2024. Open the filing →

Filed
Nov 7, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001174947-24-001226

FAQ

What is NI Holdings's return on equity?
NI Holdings (NODK) reported return on equity of -5% in Q3 2023.
How has NI Holdings's return on equity changed year-over-year?
NI Holdings's return on equity increased by 68.7% year-over-year, from -16.1% to -5%.
What is the long-term trend for NI Holdings's return on equity?
Over 2 years (2020 to 2022), NI Holdings's return on equity has grown at a 21.1% compound annual growth rate (CAGR), from 12.3% to -18%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

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