NI HOLDINGS, INC. (NODK) Return on equity 2016–2025
NI HOLDINGS, INC. (NODK) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-4.3%FY2025 · since FY2016: 3.0% → -4.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -4.3% | -1.9 pp |
| FY2024 | -2.5% | -0.3 pp |
| FY2023 | -2.2% | +18.8 pp |
| FY2022 | -21.0% | -23.4 pp |
| FY2021 | 2.4% | -9.2 pp |
| FY2020 | 11.6% | +3.1 pp |
| FY2019 | 8.5% | -2.7 pp |
| FY2018 | 11.3% | +5.0 pp |
| FY2017 | 6.3% | +3.3 pp |
| FY2016 | 3.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More NODK financial trends
NODK RevenueNODK Net incomeNODK Net marginNODK Gross profitNODK Gross marginNODK Operating incomeNODK Operating marginNODK Operating cash flowNODK Free cash flowNODK Capital expendituresNODK Stock buybacksNODK Dividends paidNODK Total assetsNODK Total liabilitiesNODK Shareholders’ equityNODK overview →