Stocktoria
NI Holdings, Inc. NODK
Nasdaq · XNAS · stock · Fire, Marine & Casualty Insurance · website · IPO 2017-03-16
Chart by TradingView
2/9
Piotroski F — financial health
—
Altman Z″ — distress risk
-64.6%
Dividend payout · safe
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $285.1M | $325.2M | $304.0M | $267.8M | $324.0M |
| Gross profit | $69.9M | $102.6M | $105.6M | $30.0M | $83.2M |
| Net income | -$10.4M | -$6.1M | -$5.5M | -$53.1M | $8.4M |
| Operating cash flow | -$4.9M | $15.1M | $18.6M | -$1.6M | $29.2M |
| Free cash flow | -$5.1M | $14.1M | $17.9M | -$2.5M | $28.4M |
| Total assets | $506.0M | $526.5M | $654.9M | $614.2M | $651.8M |
| Total liabilities | $265.7M | $281.9M | $404.5M | $361.0M | $304.4M |
| Shareholders' equity | $240.3M | $244.6M | $250.4M | $253.2M | $347.4M |
| Ratios | |||||
| Gross margin | 24.5% | 31.6% | 34.7% | 11.2% | 25.7% |
| Net margin | -3.7% | -1.9% | -1.8% | -19.8% | 2.6% |
| FCF margin | -1.8% | 4.3% | 5.9% | -0.9% | 8.8% |
| Return on assets | -2.1% | -1.2% | -0.8% | -8.6% | 1.3% |
| Return on equity | -4.3% | -2.5% | -2.2% | -21.0% | 2.4% |
| Debt / equity | 0.01× | 0.01× | 0.01× | — | — |
| Revenue growth | -12.3% | 7.0% | 13.5% | -17.3% | 17888.6% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 89,191 | $1.1M |
Why these scores methodology →
Piotroski F-score: 2/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: n/a
Not applicable (financials/insurer or missing inputs).
Sector peers
IX · MUFG · MFG · NMR · UNH · CI · all Finance, Insurance & Real Estate →
Source: SEC EDGAR filings · CIK 0001681206 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.